3 ms·
I have family who work in the nursing-home-conversion business. Their clients are people who own residential properties who want to convert them to nursing home
by uoaei 3y ago
I have family who work in the nursing-home-conversion business. Their clients are people who own residential properties who want to convert them to nursing homes, ie, businesses. Business is booming, particularly in overdeveloped retirement-friendly areas (Phoenix, etc.). But basically anyone can start one of these businesses as long as they can develop favorable relationships with insurance and banks and jump through the necessary hoops to get a provider number, etc., all services provided by the conversion companies that are out there, so service quality varies greatly between locations.
Personally I would be very cautious signing family into places like this because knowing the bored-with-too-many-properties money-grab types they probably do not want to be involved to the extent that is necessary to keep things running smoothly and safely.
- chillingeffect 3y agoNursing homes are a top 10 startup business according to some yt channels... a real fly-by-night business...
- cpursley 3y agoNursing Homes or Personal Care Homes (small-scale Assisted Living)?