Welcome to the Non-Emergency Medical Transportation Industry, an industry that’s literally growing by the day! I know it because I’ve experienced it! And now you can too!
Also known as an ambulette service, NEMT is the transportation of people in wheelchairs, stretchers or those ambulatory who need assistance.
Do NOT be confused: This is NOT an ambulance service! This is strictly non-emergency transportation. You do NOT need any kind of special life-saving skills, training or equipment!
The elderly population is the fastest growing niche market in the world – and it’s only getting bigger! By the year 2030, the US elderly population will have doubled, reaching in excess of 70 million!
The US health care industry is one of the world’s largest and fastest growing industries! By the year 2016, the growth of the US medical industry will have consumed almost 20% of our GDP!
Now seriously, if you have any kind of keen business sense then these two statistics, the growth rate of the elderly population and that of the medical industry, have got to excite you and gain your interest!
But let’s discuss in further detail just why starting a NEMT business is a great investment for ambitious, motivated entrepreneurs.
For starters, rarely do entrepreneurs think of this kind of business when looking for a business opportunity! Everyone is focused on the get-rich-quick schemes and no money down pie-in-the-sky dreams of riches!
Seriously, when was the last time you heard someone say "I think I’m going start a NEMT business?" The fact of the matter is you probably haven’t! But, you probably know someone, if not even yourself, that has started some kind of "no money down" real estate gig or some other online pie-in-the-sky dream.
So realistically, we’re talking about a business opportunity for which (1) your target market is booming, growing faster than any real estate market or any other market, and (2) not everyone knows about, let alone considers, when looking to invest in a new business!
Another reason why this is a great opportunity is because this is a service-based business. There are no products to buy, store, ship or sell.
And when you follow my strategies for success people will be looking for you. They’ll be looking for your business! They’ll be seeking out your service instead of you having to continuously chase and solicit customers!
As I did, and so many others, you can literally start your NEMT business from your living room table, your home office or garage! Because you’re going to be traveling into your community to transport your clients, you don’t need a high-priced, fancy office or an elaborate store front to encourage business.
Think about it. What’s cheaper or more cost effective? Invest in a vehicle that goes out into and meets the needs of your community or invest in real estate for a retail business, a franchise, or some other traditional business idea?
And when you’re starting a business from home, it definitely limits your overhead expenses.and limited overhead expenses leads to a bigger "bottom line." That means more profitability!
These are clients that typically pay "out of pocket" for transportation to and from their medical appointments. This will be a highly profitable source of revenue for you!
There are many transportation providers who ONLY transport Private-Pay Clients because of the higher rates of reimbursement. For them, pursing other sources of revenue is simply not worth their time. They’re simply too busy cultivating their Private-Pay clients!
Talk about FREE healthcare?! Medicaid recipients not only receive FREE medical benefits but, according to Article 1915 of the Social Security Act, recipients also get FREE transportation to and from their medical appointments!
But the good news for you, the transportation provider, is that with Medicaid, depending on your State, you can generate some seriously BIG reimbursement checks that you’ll love receiving in the maillike clockwork!
And similar to Private-Pay transportation providers, there are some NEMT providers that ONLY service Medicaid clients! Why? Because in some counties, the reimbursement rates are just that high!
This reimbursement is for transporting people hurt "on the job" who need to get to and from physical therapy and related medical appointments. Workers Comp is one of the few forms of insurance that reimburses for NEMT and can be an awesome source of revenue that also pays extremely well!
Again, some transportation providers ONLY cater to Workers Comp because the reimbursements are just that profitable! Workers Comp is a great opportunity!
Now imagine how profitable your business can be when you have a Private-Pay clients, Medicaid, workers comp and more? The possibilities are limitless!
Hospitals are an awesome source for which to secure contracts and repeat business as they’re ALWAYS in need of transportation!
Like hospitals, nursing facilities can provide you with some outstanding transportation opportunities! You will transport residents to general medical appointments, many regularly to dialysis treatments, and more. You can even partner with the Activities Departments to transport large numbers of residents for special events!
Whether Private-Pay or Medicaid, dialysis patients are always profitable because they offer volume and regularity. Appointments are arranged every other day and typically last between 3-4 hours. You’ll be able to plan and count on these transports and reimbursements like clockwork!
Rest assured Non-emergency Medical Transportation is not just for the elderly! There are students of all ages that need your assistance. Did you ever stop to consider, how do disabled students get to and from school if they can’t ride a typical school bus?
With a NEMT business, you can literally contract with school districts and different organizations to transport students of all ages!
NOTE: This is a 320 Manual that you will download immediately following your investment! There is NO waiting on "snail mail!" You can start right now! This Manual is NOT offered in stores.
Well, yes! You absolutely do! Let me tell you, if you have hospitals, nursing facilities, dialysis centers, doctor offices, and the like in your community then you instantly have opportunity! It’s staring you in the face!
Trust… Read more…
Related posts:
