Powered by LevrNAICS 621610: Home health care services
NAICS 621610 is the industry code for home health care services. Use it on loan applications, tax forms and registrations. Explore financing for medical and dental and start your application when you are ready.
What 621610 covers
Home health agencies provide skilled nursing and therapy services in patients' homes, often under Medicare certification, along with home health aides. Many also offer personal care.
Included in this code
- Medicare certified home health agencies
- Skilled nursing visits at home
- Home infusion nursing
- In home physical and occupational therapy
- Private duty nursing
Not this code
- Non medical home care and companionship: see 624120 Services for the elderly and persons with disabilities
- Hospice in facilities: see 623110 Nursing care facilities (Skilled nursing facilities)
- Nurse staffing agencies: see 561320 Temporary help services
Businesses that use 621610
Financing for this trade
Home health agencies rely on healthcare receivables financing against Medicare and Medicaid claims, lines of credit for payroll, and SBA 7(a) loans for acquisitions, since buying an existing certified agency is common. Lenders look at certification, census, payer mix, survey history and billing compliance.
Apply for funding with AIIs 621610 the right code for a home health care agency?
Yes, if you provide skilled nursing or therapy services in patients' homes, including Medicare certified agencies and private duty nursing. Non medical home care such as companionship, bathing help and homemaker services usually uses 624120. Staffing agencies placing nurses in facilities use 561320.
What is the SBA size standard for 621610?
SBA sets the size standard for 621610 at $19 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Home health care agencies at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent home health care agencies fall well inside the limit, so size is rarely what decides an SBA application.
What financing do home health agencies use?
Most use a healthcare receivables line or factoring to cover payroll while Medicare, Medicaid and insurers pay, and SBA 7(a) loans to buy an existing certified agency. Lenders look at Medicare certification, census trends, survey results, payer mix and clean billing.
What does NAICS 621610 cover?
Home health care services. Industry level code in NAICS 2022, under 62 Health care and social assistance, 621 Ambulatory health care services, 6216 Home health care services, 62161 Home health care services.
What financing do NAICS 621610 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for medical and dental businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 621610?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.