What You Need to Know Before You Start Your Medical Transport Business
Business Overview:
The medical transport business is absolutely immune to the state of the economy, which means you can succeed as an entrepreneur right now. As the elderly population grows, the need for this business idea is rapidly expanding. A non-emergency medical transportation business is also known as an ambulette service. Many people need help with transportation to and from a wide variety of medical services such as doctor’s appointments, nursing facilities, and hospitals. Some of these patients may be in wheelchairs or on stretchers, while others may simply be frail and need a little extra help. You do not need any life-saving training to own this business. You are there to transport people, not to provide any medical care. There’s no need to put a hard sell on your services in the medical transportation business because many facilities will be contacting you. That’s how high the demand for services is in this industry. The satisfaction of owning this business is immense. Not only is it financially rewarding, but you also you will feel great knowing that you are helping people every day.
A Day in the Life of a medical transport business owner:
You will find your day filled with variety. Part of each day will be spent on the phone scheduling the pickup and delivery times of the patients. Some of this phone contact will be with the patients while other contact will be with the facilities that are serving them. Some days will be spent interviewing and hiring new drivers and then training them according to your specifications. The financial side of this business includes invoicing your customers, receiving their payments, and tracking the financial data.
The Good:
- This is a highly rewarding business due to how much you are helping people.
- Part of your payments will come from the Department of Social Services for transporting Medicaid patients.
- No hard sell is needed because this service is in such high demand.
- Growth opportunity is immense as the elderly population keeps increasing.
- Stable business no matter what the economic conditions may be.
The Bad:
- Juggling of the schedule may be needed on very busy days.
- Inclement weather in Northern climates may make it difficult to meet scheduled appointment times on those days.
Resources:
- Community Transportation Association
- National Resource Center for Human Service Transportation Coordination
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