The start-up costs will differ depending on the type of hospice care you will provide and state you are doing business. Whether your business planning includes opening a licensed home health agency or a stand alone Medicare-certified hospice business, startup costs will vary. These investments will include the following:
Computer hardware and software
Accreditation Licensing for faculty and staff
Insurance
Website, business cards, and other advertising material
Space for office or medical agency
Inventory
Marketing strategy and materials