by Nigel Hilton

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As long as there are humans on the planet, there is going to be sickness, and that means that there is always going to be a healthcare industry. That’s why a lot of budding entrepreneurs come to the conclusion that setting up their own health-based companies is the way to go.

If you’re thinking of starting your own healthcare company right now, here are some of the best ideas you may want to consider:

Medical transcription services

A medical transcription services business could be a good idea for a new business quite simply because it doesn’t have as many startup costs as a lot of other options. Basically, medical transcriptionists transcribe voice recordings made by various health professionals such as doctors and nurses. So, to get started all you need is access to a decent computer and some very basic software, If you’re looking for a shoestring startup, this really could be the one.

Medical supplies

Whether it’s selling medical fridges to hospital laboratories or providing care homes with first aid kits, there are a lot of opportunities to make money by simply sourcing and reselling medical supplies. Of course, if you’re up for the challenge, designing and manufacturing your own medical supplies for sale could also be an option, but when you’re just setting out, selling wholesale may be the easier, and more sensible, option.

Physical therapy center

Starting your own physical therapy center isn’t for the faint-hearted. You’ll need a fair amount of startup capital, a working knowledge of the human body, and the physical therapy industry, and a solid foundation in business studies, as well as the relevant certification, but if that sounds like you, this could be one of the most rewarding career paths out there. You’ll get to make a real difference in sick and injured people’s lives, helping them to perform important daily tasks such as feeding themselves, walking, and getting back to work. 

App development

More and more, health services are being offered online from instant access to medical doctors via video chat to text message therapists, so now could be the right time, if you’re technology-minded, to get in on the ground floor and develop a healthcare-based app of your own. DSo some research, see which areas of healthcare could be handled by app, but which aren’t already, and see what you can do.

A home care provider

As the number of elderly people in the US grows, there is only going to be more demand for in-home care services. You could potentially build up quite a lucrative business by starting your very own home care agency where people can come to you to procure the services of a really good home carer. 

This is an area where there is likely to be a lot of competition, but if you can set your business apart by offering carers with better qualifications, great references, and who offer a wider range of services than the norm, there is every chance you could do very well.

Healthcare isn’t going anywhere, so why not root your business in a safe industry?

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