Home Care Fee Calculator
Built specifically for home care providers, the Home Care Fee Calculator helps you confidently review current visit fees and set fees that reflect the true cost of care.
Key Benefits
Create accurate, detailed visit fees that you can fully justify.
Review the fees you are receiving against your current costs to see the real profit or loss you are making on each.
See the financial impact of a fee your commissioner wants to pay for a new client.
The Dashboard and Analytics section will give you the vital information you need to be in control of the income generated and profit returned.
Store all your client visit fee details securely so you can refer to them and instantly create new versions when your costs increase.
Key Features
Set a Stable Minimum Cost for Your Visit Fees
Your fixed and staff costs must be spread equally across your clients' visit costs.
An average fixed cost can be easily established but with high staff turnover and recruitment issues, establishing a stable weekly staff cost can be a real challenge.
The Home Care Fee Calculator will calculate your staff costs based on the ideal staffing levels you need for your number of contracted hours.
The Home Care Fee Calculator will ensure this significant extra cost is included in your fee quotes, so you are charging for the true cost of the care you deliver.
Set Real Average Hourly Rates to Calculate the True Cost of Care
With additional employee costs you pay for national insurance and pension contributions.
(On-cost) added, the Home Care Fee Calculator will calculate the real hourly and salary cost for all your staff to ensure your total staff cost and minimum cost per visit is accurate.
The cost of the visits you provide will be based on these real rates.
The Home Care Calculator also gives the option to enter different hourly rates for Weekends and Bank Holidays.
Using these real average hourly rates the tool will accurately calculate the real cost of the care you deliver.
Calculate Your True Visit Costs
With the Home Care Fee Calculator you can calculate your true visit costs, including extra visit costs such as wait time, mileage costs, parking and congestion fee costs.
Thus giving a true cost for each visit.
The Visit cost is multiplied by the number of visits per day and the number of visits per week for that client to give a weekly visit cost.
This detailed calculation of your visit costs will help you justify every penny to any commissioner who wants to pay a lower fee.
Set Visit Fees That Keep Your Home Care Business Financially Viable
Like any business, you need to make enough profit to sustain it and for it to be resilient enough to survive during tough times, to cover unexpected costs or to invest in improving or expanding your organisation.
Add your target profit margin percentage and the tool will calculate that profit in monetary terms and show the visit fee you need to achieve that profit.
Because your costs have been accurately calculated, you can be confident that you can provide the care a person needs on this fee and return the profit your care business needs.
Know the Financial Impact of a Visit Fee that is too Low
The Home Care Fee Calculator includes a powerful care fee comparison table.
Use this table to quickly compare a current or proposed visit fee against the fee required to cover your latest costs and achieve your target profit.
The table will show you how much profit or loss you are making on a current visit fee, or what profit or loss you would make if you accepted that fee.
This powerful comparison table will help you during negotiations because it will immediately show you the financial impact of the fee you are currently receiving or that they wish to pay.
This powerful comparison table will give you the clarity needed to make informed decisions.
Create and Store Accurate Quotes and Use Them to Review Your Fees
New 'live' quotes are based on your current staff and fixed costs. Create a new 'Live Quote' for each of your clients and add them (and new clients you win) to your 'Current Clients' library.
'Live Quotes' will always show visit fees based on your latest costs, so as your costs increase so will those fees.
Visit fees in the 'Current Clients' library are protected from cost rises and will retain the costs at the time the quote was created.
This ensures you keep a record of the quote you created at that time and can review at a later date.
Reviewing your visit fees is quick and easy. Simply, click the 'Review Fee' button and a new version of the quote will be made 'Live Quotes' keeping the original version in 'Current Clients'.
This new version will show your fee based on your latest costs and hence how much profit or loss you are actually making on that client.
Everything is stored securely in the cloud and accessible from anywhere at any time.
Stay in Control of Your Financial Health
The Home Care Fee Calculator boasts a powerful Dashboard and Analytics feature.
Now you can see your costs and how much revenue and profit you are making overall and on each fee.
You can see just how much your profit has reduced since you created your fees and your costs have risen.
You can also compare what you are making versus what you could be making if you received the visit fees you calculated you need.
See what revenue and profit you are making by client type as well as their average fees, profit and more.
These powerful new features will ensure you remain in financial control of your home care business.
The Multiple Users Feature Offers Enhanced Security
The Home Care Fee Calculator's multiple user feature is a valuable addition to the software, enhancing its functionality and usability.
With this feature, users can easily manage access to the tool by adding, editing, or deleting users as needed.
This capability not only streamlines user management but also ensures accountability by tracking who has accessed the software.
The multiple user feature offers the flexibility and control necessary for efficient and secure usage.
No Risk Money-back Guarantee
I want you to be sure that this tool is going to work for you. I want to eliminate any doubts that you may have by letting you try this tool for free.
Try the Home Care Fee Calculator for
30 days for free.
If at anytime during this 30-day trial you decide that this tool isn't for you, simply let us know and we'll make sure your payment isn't taken.
You have nothing to lose and the potential to take control of the financial health of your care business.
