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For years, we’ve referred to the home health and hospice companies our clients have built as their “baby.”
It’s a phrase we use intentionally.
Because for many owners, their agency is much more than a business. It’s something they built from the ground up with a specific mission and vision in mind.
They hired the first employees, answered the late-night calls, worked through regulatory changes, worried about making payroll, built relationships with referral sources, cared for patients and families, and navigated the countless challenges that come with running a healthcare company. And in the beginning, most didn’t even take vacations or pay themselves.
They didn’t simply own the company, they poured themselves and their resources into it.
So when the conversation eventually turns to selling, the financial considerations are often only one part of the decision.
The harder question can be: “How do I let go of something that has been such a significant part of my life?”...
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