Revenue Is Vanity. Profit Is Sanity
Revenue Is Vanity. Profit Is Sanity.
A $5M Home Health agency losing money is worth less than a $2M agency making 20%.
Too many owners chase census.
More admissions.
More staff.
More offices.
More complexity.
But growth without profitability is just a faster way to run into a wall.
I’ve seen agencies celebrate record census while quietly struggling with:
* Low clinician productivity
* Shrinking margins
* Delayed billing
* Excess overtime
* Cash flow stress
Revenue is important.
Profit is proof that the system works.
Build the system. Don’t BE the system.