Are you a compassionate person? Are you patient? Can you communicate effectively with seniors? These are just some of the questions you will have to ask yourself before you start any kind of business aimed at seniors. If you are about to launch a NEMT business, you will need a lot more than just the answers to these questions, although they will get you thinking.
The Non – Emergency Medical Transportation industry is indeed a very large industry and pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, United Kingdom, Germany, France, Australia and Italy et al.
Are NEMT business's profitable?
Envision Health care is one of the leading players in the industry. Statistics has it that in the united states of America alone, there are about 16,928 licensed and registered non – emergency medical transportation providers responsible for employing about 200,048 employees and the industry rakes in about $15bn annually with an annual growth rate projected at 1.1 percent.
There is a huge market for this type of service simply because there are loads of sick people out there who cannot transport themselves to hospitals hence the need for private ambulance services. So if you are looking towards starting a business in the healthcare sector, then one of your options is to start a non – emergency medical transportation business.
Non – emergency medical transportation companies earn money by offering the following services;
Provide non – emergency surface ambulance
Provide nursing aide services
Provide consultancy and advisory services as it relates to your core services
How much do senior transportation companies earn each year?
In the United States of America, the average income for non-emergency medical transport company varies from one region to another. Studies shows that non – medical transport companies earn less in Hawaii with an average monthly earnings of $2,500 and annual earnings of $30,000 and monthly income of $4,166. 67 and annually income of $50,000 in California for the West region.
Ways to Start A NEMT Business
Finally, it is important to state that the above stated earnings for non-emergency medical transport companies in such region is not cast in stone. As a matter of fact, a non – emergency medical transport companies can earn as much as they can if they have adequate staff and facility, if they have the right business network and have the capacity to work hard and smart. Usually, non – emergency medical transportation companies earn more due to the longer spend in the industry.