Episode 177 | Your Guide to Assisted Living Medicaid Rates

In this conversation, Brandon provides an in-depth overview of Medicaid, particularly in relation to assisted living facilities. He explains the differences between Medicaid and Medicare, the requirements for becoming a Medicaid provider, and the process for residents to qualify for Medicaid. Additionally, he discusses the various payment structures associated with Medicaid, how to find Medicaid rates in different states, and the importance of understanding fee schedules. The conversation concludes with resources for those interested in starting an assisted living business. Chapters 00:00 Introduction to Medicaid and Assisted Living 02:50 Understanding Medicaid vs. Medicare 06:51 Becoming a Medicaid Provider 09:33 Resident Qualification for Medicaid 11:11 Medicaid Payment Structures 13:47 Finding Medicaid Rates in Your State 19:08 Understanding Fee Schedules and Rates 21:50 Conclusion and Resources Want my help building your own profitable assisted living business?Take the quiz to see which program is right for you   aliquiz.com    Struggling to launch your assisted living business?Get clarity in 5 days   roadmapchallenge.com The Assisted Living Roadmap Challenge is a live 5-day experience designed to help you:✅ Get clarity on your assisted living business model✅ Understand the numbers, licensing, and funding process✅ Build your personalized roadmap to launch. Whether you’re starting from scratch or ready to scale, this challenge gives you the tools and support to move forward confidently. If you can’t make it to the next challenge, grab my book “The Profitable Assisted Living Facility”   thealibook.com       Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590     Follow me to learn more and get the help you need to launch your assisted living business:Website: https://urlgeni.us/alihomeFacebook: https://urlgeni.us/facebook/alifbgroupLinkedIn: https://urlgeni.us/linkedin/aliliTwitter: https://urlgeni.us/twitter/alixInstagram: https://urlgeni.us/instagram/aliig    I’ve also got several FREE resources to help you get started : Business Plan Checklist: https://urlgeni.us/alibpc Calculator: https://urlgeni.us/alicalc Lease Agreement Template: https://urlgeni.us/alila ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath Grant Writing Template: https://urlgeni.us/aligrant Make sure you like, comment, and subscribe to Assisted Living Investing! Your comments and reviews help others find this content so they can get help launching their assisted living business.