We are pleased to announce F.C. Dadson as a 2012 Supporting Sponsor.
F.C. Dadson is a single-source provider of custom brand environments, kiosks, and retail merchandising units. The company offers design, construction management, fixtures, fulfillment, and installation services. We are a premier and trusted vendor for franchises and national chains including retail, salons, spas, restaurants, education, health care, and more. F.C. Dadson helps franchises save money, maintain their brand, and get their locations open and running faster with our turnkey build-out program. We are well versed in franchising and understand the unique relationship between franchisors and franchisees. Our expertise provides you with an effective build-out that ensures consistency and brand integrity. Our fast track development program combines personalized, hands-on service with in-house design and manufacturing capabilities to get your locations open and running faster, while always keeping an eye on value for you. Finally, when we say “turnkey” we mean it. Beginning with design and space planning; moving into engineering, manufacturing, equipment fulfillment, and construction management; and finishing with logistics and nationwide installation, our experienced project management team gets you through the process as efficiently and cost-effectively as possible. Our program is designed to use as a whole or just what is needed. With over 35 years in the business, let us show you what are experience can do for you. For more information, call Larry Myer, VP of Business Development at 1-800-728-0338 x110 or visit us at www.fcdadson.com.
Yum! Liqueur infused cupcakes and signature cocktail for the speaker and sponsor receptionon on Oct 23. Thanks Yours Truly Cupcake!
Health care in the United States continues to evolve. With changes forthcoming, and past obstacles still being overcome, health providers are looking for ways to provide better patient outcomes and manage a sustainable business model. However, these are irrelevant if there is no access to care. Coupled with one of the largest issues to come out of the 2011 Healthcare Franchising Conference is the fact that more doctors are retiring than ever before, leading to increased opportunities to deliver a number of health care services through the franchised business model.
In my opinion, franchising give us the access to care, provides quality assurance and creates a sustainable business model for the business owners and providers.
Franchising is at the cross roads of health care and business.
Franchising has successfully evolved thousands of from thriving local businesses into iconic household names. Think: McDonald’s, Chick-Fil-A, Dunkin’ Donuts. The food industry possessed the beginning of the franchise era however, over the years franchising has branched out to include product distribution and services: The UPS Store, Fantastic Sam’s, Curves. Today we are continuing this evolution. Everything we know about quality assurance, billing, marketing, and program development for franchising is being transferred into health care. It is time to put a greater focus on this transference of knowledge.
When we follow best practices in franchising we can deliver quality assurance to patients. We can provide practitioners – physicians, nurses, medical assistants and licensed practitioners in many fields, with the ability to focus on service delivery rather than business operations. We decrease costs for service delivery and expand access.
The senior care industry jumped into franchising with great force, and the opportunity can be traced to the aging population. According to A Profile of Older Americans: 2011 developed by the Administration on Aging (AoA), U.S. Department of Health and Human Services; By the year 2030, one in five Americans will be a “senior citizen.” From 2010 to 2030, the number of baby boomers age 65-84 will grow by an estimated 80 percent while the population age 85 and older will grow by 48 percent. In addition, between 1994 and 2020 the nation’s population of 85 years and older is projected to double to 7 million, and then is projected to increase to 19 – 27 million by 2050. With the number of prospective clients growing exponentially, the franchise home health care/senior care industry is booming and will likely continue to grow.
Other health industries such as emergency care, dental services, chiropractic care, primary care, mental health companies, drug testing business and surgical centers are all growing in prominence in franchising. In essence, any effective healthcare business can replicate its model and begin franchising.
The health care franchising industry is growing, but not fast enough. I do not believe we can or should solely rely on the federal government to provide us access to affordable health care. We are a country full of the entrepreneurial spirit and we house some of the best health care providers in the world. When you combine these traits, we have the opportunity to develop great health care franchises that will solve many of our cost and access issues. These solutions are right at our fingertips.
Weise Communications, along with Faegre Baker Daniels and Management 2000 will sponsor the second annual Franchising in Health Care Conference, October 24 – 25, 2012, in Denver Colorado. At this conference we will cover challenges unique to this industry, including compliance and regulatory issues when across state lines. If you are interested in attending this conference visit our conference site for more information. Hurry, the Early Bird pricing ends September 15, 2012.
For more information about how Weise Communications can help your health care company franchise, contact me at email@example.com.
On June 28, 2012, the United State Supreme Court upheld the Obama administrations health reform law. As a direct result of this law, by 2014 millions of new potential patients will be looking for greater access to health care. This development furthers the opportunity for health care professional to provide services through the franchised business model.
To learn more about the implications of the Supreme Court’s decision, please view our video analysis of the Affordable Care Act decision.
Early bird pricing for the full conference ends September 15. Register now, space is limited. All full conference registration fees include two continental breakfast, two lunch presentations, opening cocktail reception and networking dinner, and closing cocktail reception and networking dinner.
Register here: http://www.cvent.com/d/wcqql3/4W
Questions about the conference, contact Gina Grabarek.
As analysis of the Supreme Court’s decision continues to trickle in, one point is certain: The need for greater access to quality healthcare services continues to grow. As leaders of the Franchising in Health Care Conference, we know that franchising is a viable distribution method for high quality and affordable health care. We believe that franchising will have a greater purpose in health care as more medical professionals turn to franchising to provide needed services in both in underserved and unserved communities.
We invite you to subscribe to our Beyond Healthcare Reform blog which examines the impact of new rules and regulations affecting employers, group health plans, and health care providers, as well as insurance contracts and all aspects of plan design and coverage We post regularly so check back often or subscribe to our RSS feed.
If your health care business is interested in franchising, be sure to register for our Franchising in Health Care Conference.
Download Opinion of the Court
-Kevin Hein, Faegre Baker Daniels & Tracy Weise, Weise Communications
The debate over whether home care workers should be paid minimum wage and overtime under the Fair Labor Standards Act (FLSA) has reached the United States Senate, where a group of Republican senators has introduced a bill that would block proposed regulations by the Department of Labor (DOL) affecting home care workers. In December 2011 the DOL published a notice of proposed rulemaking to amend its regulations regarding the FLSA’s companionship exemption. Currently, the FLSA exempts “companionship services” from its minimum wage and overtime requirements, which has been interpreted to exempt home care workers. The proposed rules would limit the companionship exemption to fellowship and protection, which would include activities such as playing cards, visiting with friends, and taking walks. The new rules would allow individual, household, or family employers to use the narrower companionship exemption, but all home care workers employed by third party employers such as employment agencies would be subject to the FLSA’s requirements. The public comment period was extended twice and closed on March 21, 2012.
On June 7, 2012, thirteen Republican senators introduced the Companionship Exemption Protection Act (S. 3280) to preserve the companionship exemption as it currently exists. Supporters of the bill say that the new regulations would increase health care costs and force families to seek institutional care, which in turn strains state budgets. A similar bill was introduced in the House of Representatives (H.R. 3066) in September 2011 but remains in committee.
We will continue to monitor the rulemaking process and related legislation and will provide detailed updates of any final rules or laws.
The Faegre Baker Daniels LLP franchise team will host the sixth annual FaegreBD Franchise Summit on Tuesday afternoon and Wednesday, August 7 – 8, 2012, in Minneapolis. Don’t miss this premier event featuring national franchise leaders and discussions on best practices that will increase the overall value of your franchise system.
We are pleased to welcome Kat Cole, President of Cinnabon, as our keynote speaker.
We hope you can join us this year.
Registration details coming soon.
USA Today recently reported on the most profitable franchises, showing that home health care is proving itself to be a top contender in the franchising world. Thanks to high demand, the low overhead and respectable ROI, home health care, specifically for senior care, is prospering.
Recent struggles over rules calling for mandatory overtime and minimum wage requirements for employees have made headlines. Franchisors are fighting these laws believing that seniors’ will not be able to afford the overtime payment that would be charged for overnight care. They also argue that the overhead is clearly not enough to justify paying their employees more.
15 states, however, do require overtime payment for home health care workers and despite these higher costs companies are still turning a profit. The article from USA Today overviews this situation.
Scott D. Hillstrom, J.D., is co-founder and Chairman of The HealthStore Foundation®. Mr. Hillstrom is a U.S. based entrepreneur and business/legal advisor. Prior to co-founding The HealthStore Foundation® in 1997, Mr. Hillstrom served for 10 years as the volunteer President of Steiger International, a youth evangelism ministry spun out of Youth With a Mission. After practicing business law as Managing Partner of Hillstrom & Bale, Ltd., in the 1980s, he became co-founder and Managing Director of Rehab One, Inc., a multi-state network of hospital-based medical clinics in the 1990s. Since then, he has advised and invested in businesses involved in computer networking, software, entertainment, intellectual property and other fields in the U.S., Europe, Africa and New Zealand.