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Home care expert insights

In Conversation with Matt Ericksen to Bring His Insights on Leveraging AI to Transform Franchise Operations

Utilizing AI for home care franchise operations is essential for boosting efficiency, care quality, and business growth. AI-powered tools can streamline scheduling, caregiver matching, and route optimization, ensuring clients receive timely, personalized care.

Predictive analytics help franchises anticipate staffing needs, monitor caregiver performance, and reduce turnover by identifying patterns and areas for improvement.

In the client care realm, AI enhances client monitoring by tracking health metrics and alerting caregivers or family members to potential issues, promoting proactive care management. Further, AI-driven platforms enable better communication between franchise owners, caregivers, and clients, ensuring that care plans are up-to-date and that feedback is addressed quickly.

This fosters consistency in care across multiple locations, crucial for maintaining high standards within a home care franchise. AI can also improve administrative tasks like billing, payroll, and compliance, reducing human error and freeing up time for franchisees to focus on growth.

By adopting AI, home care franchises can enhance operational efficiency while delivering superior, personalized care to clients.

To shed some light on the same, we interviewed a home care industry expert to bring his perspective on leveraging AI to transform franchise operations.

Expert QA session with Matt Ericksen

Who Did We Interview?

Matt leads Griswold’s franchise operations department where he plays a key role in driving franchise growth and operational excellence. By implementing innovative strategies, Griswold is reducing hospitalizations, improving caregiver retention, and leading the charge in transforming home care into a more data-driven industry.

With successful initiatives operationalizing AI into franchise financial forecasting, patient monitoring, and franchisor support functions, Matt is passionate about supporting the success of Griswold’s 180+ franchises across 32 states.

Let us now delve into what he has to say about leveraging AI to transform franchise operations:

Question 1: How have you leveraged artificial intelligence (AI) to address caregiver recruitment and retention challenges within your franchise network?

When ChatGPT first rolled out an update to allow for file uploads and textual analysis, we took that opportunity to extract our significant bank of employee reviews from Indeed.com and conduct Sentiment, Thematic, and Trend Analysis on the hundreds of reviews available.

The subsequent findings provided us with significant insights into national, regional, and even location-specific trends allowing us to coach franchise owners on how to best curate a strong digital presence to local job seekers.

Ultimately, this analysis helped contribute to record growth in 2024 for Griswold through improved caregiver retention strategies and innovations.

Question 2: What specific AI-powered solutions have you implemented to drive growth and profitability for your franchise locations?

One of the key operational support methods that are driving franchise success is embedding Activated Insights Annual Benchmarking report data into our Franchise P&L budget and forecasting tools that are powered with analytical capabilities, thanks to OpenAI’s latest advancements in analysis capabilities.

We are taking a trailing indicator in locations P&L and turning it into a leading indicator of future success based on the analysis and coaching insights we are deriving from the data.

Question 3: Can you share some examples of how you have used data and analytics, powered by AI, to identify and capitalize on growth opportunities for your franchise network?

With the ever-increasing access to large sets of franchise, CMS, and home care industry data, the depth of information exceeds the bandwidth of almost anyone’s ability to manually analyze across data sets and not neglect their other responsibilities.

The home care industry is experiencing a renaissance of sorts with how providers are approaching the vast data sets of operational information they are compiling daily.

Griswold saw this emerging opportunity in 2021 and subsequently made investments in personnel and platforms to equip our franchise owners with actionable data to make faster, better-informed business decisions.

One of the most prevalent and widely adopted resources is Power BI.
Griswold has created the framework for our franchise owners to access a variety of dashboards in real-time that provide a wide range of insights on their operational and financial health as well as market intelligence and industry benchmarks.

We have created these dashboards from a variety of external data sources, vendor APIs, and industry reports. From these dashboards, we coach and advise franchise owners on strategic and tactical decision-making opportunities to better position themselves against market competition and identify earlier unique localized opportunities that perhaps others do not see yet due to our ability to map customer and caregiver trends more intelligently.

These insights have helped reduce caregiver turnover for our company-owned locations by 10% over the past 90 days by helping visualize leading indicator metrics.

Question 4: How has the integration of AI technologies impacted the overall efficiency and productivity of your franchise operations and sales support team?

One example is our use of NLP AI functions available through Microsoft Teams Premium to accurately summarize meeting discussions and assign action items to the correct stakeholder.

The time saved in manually typing our meeting recap emails has given back hours each week to our Franchise Business Coaches to further advise additional franchise owners and be more accessible to their support needs.

This integration has improved the quality of franchise owner communication on key actions to drive growth and accountability within their organizations.

Question 5: How have you balanced the implementation of AI-driven solutions with the human touch that is so important in the home care industry?

We are really excited about the new workflow automations happening, thanks to the different types of AI. These advancements are helping Griswold Franchise Owners identify specific caregivers or clients that need increased attention at very specific times in their experience with that owner’s location.

By automating back-end email creation, job ad creation, etc. a caregiver coordinator now has more time to make house calls for client engagement, increase interview count per day, and dedicate more time to making better decisions when it comes to caregiver compatibility with clients.

These additional actions, now possible using AI-enabled platforms, have improved the human touch we are having at Griswold with our clients and caregivers.

In Conclusion

Matt Ericksen’s insights reveal the transformative potential of AI in home care franchise operations. By automating routine tasks and leveraging data-driven analytics, franchises can enhance efficiency, improve caregiver retention, and make informed business decisions.

AI’s ability to streamline operations while providing personalized care ensures franchise owners maintain a balance between technology and the human touch.

This integration fosters better communication, smarter decision-making, and a more proactive approach to client care, ultimately driving growth and success across franchise locations.

Matt’s experience with AI demonstrates how its adoption is reshaping the future of home care.

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