What's your mode?
That is, what mode is your company in? In this rapidly changing healthcare landscape you should be considering one of 3 options....
And that's about it.
With reimbursement shrinking for Medicare providers, hospice providers getting squeezed by large national competitors, and the explosion of competition in the private duty world....standing pat means you are contracting. Many of my clients have seen this over the past 3 years.....what once was easy to achieve (revenue) is now difficult. Year over year revenue growth is more difficult than ever.
What to do? Buy, Sell, or Grow....simple.