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Insider Insights: Medicaid Billing in Senior Living with Brandon Gustafson

In this episode, we explore Medicaid and assisted living facilities with healthcare expert Brandon Gustafson. Brandon shares his insights on the differences between Medicare and Medicaid, the certification process for Medicaid, and tips for owning and operating assisted living facilities. Learn about essential market research, staffing considerations, and the key lessons Brandon has learned from running two successful facilities. Plus, discover how Brandon's 12-week program can help investors access the world of assisted living ownership. Join us for a wealth of knowledge and practical advice in the senior living industry. Connect with Brandon: - YouTube:    / @assistedlivinginvesting   - Facebook Group:   / assistedlivinginvesting   - LinkedIn:   / assisted-living-investing   - Professional LinkedIn: www.linkedin.com/in/brandonsgustafson Brandon's Resource Links: - Calculator: https://www.assistedlivinginvesting.n... - Mentorship Application: https://www.assistedlivinginvesting.n... Connect with Emily Bo: - YouTube:    / @emily-bo   - Instagram:   / emilyboinvests   - LinkedIn:   / emilyboinvests   DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. All investments have risks. This is not an offer to purchase securities. Please consult with your own financial advisors, attorneys, or insurance representatives before making any decisions. 00:00:00 - Introduction and Overview of Medicare and Medicaid 00:05:30 - Differences Between Medicare and Medicaid in Covering Assisted Living 00:10:24 - Process of Getting Certified for Medicaid 00:17:39 - Rate Differences Between Private Pay and Medicaid Reimbursement 00:21:12 - Managing Cash Flow While Waiting for Medicaid Certification 00:26:25 - Reasons for Focusing on Medicaid Patients 00:30:49 - Valuable Lessons Learned from Running Assisted Living Facilities 00:34:02 - Assisted Living Investment Program Overview 00:37:07 - Factors to Consider When Acquiring Existing Facilities 00:39:21 - Importance of Market Research in Facility Acquisition 00:41:08 - Resources and Tools Available on the Website