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Published On: Tue, Sep 18th, 2018

Can A Medical Courier Have A Viable Business?

In today’s gig economy, you may wonder if you can create a viable business as a medical courier. On the other side of things, you may be thinking about hiring a medical courier, but you’re worried about starting a relationship with a company that may not stay in business.

The good news is that the market for healthcare transportation services is expected to grow 4.2% worldwide in the next five years. That means medical courier services have excellent potential to become profitable businesses. Rest assured that medical couriers can run viable businesses that are steady in the long-term.

Medical courier services can benefit senior citizens

As the 76 million people in the United States who were born between 1946 and 1964 age and retire, they will put more of a strain on the healthcare system. These baby boomers may benefit from having their prescriptions and medical devices delivered to their homes. As the number of elderly people increases, medical facilities will also have a greater need for medical courier services.

Since people tend to have more difficulty getting out and about as they age, medical couriers can be a crucial part of ensuring that senior citizens get the level of healthcare that they need and deserve. A senior who can’t drive may have trouble picking up their prescriptions, for example, so medical couriers who deliver prescriptions can actually provide a life-saving service. This service can also help seniors stay in their homes rather than being forced to move to a costly nursing facility.

Start-up costs may be low

A simple medical courier service may be started with a vehicle, a driver’s license, the drive to seek out new clients, a cell phone, and commercial automobile insurance. Personal auto insurance won’t cover accidents that happen while performing a business task such as making deliveries, so commercial auto insurance is a necessity. Since medical samples could be considered priceless, you will want a policy with at least $1 million in coverage.

You will need to so some research. Depending on where you live and what you plan to transport, there may be certifications or licenses you need to take to transport various medical materials. For example, you may need infection control training and certification to transport lab specimens and organs.

As the business grows, you may need to invest in larger or more vehicles, office space, and other drivers to help fulfill delivery requests. Since these expenses can be handled once the business is succeeding, the start-up costs can remain low.

Finding employees may be easy

These days, many people are looking for the flexibility that a job like being a medical courier can provide. Since basic requirements only include a driver’s license and a clean driving record, finding reliable employees may be easier than it is for more traditional jobs.

People will jump at the opportunity to work alone much of the day. If they are reliable, you may have happy employees and happy clients. Since you can hire drivers on a contract basis, you may not even need to provide health insurance.

Demand is high

There will always be a demand for medical products to be moved from place to place. It may include taking specimens from a clinic to a lab, medical records from one location to another, or delivering prescriptions or medical devices to homebound seniors or other disabled people. Technology can’t move physical objects from location to location without human help, so there’s less risk of medical courier services losing income due to technological innovation or outsourcing.

Reliability will ensure repeat business

It’s crucial for medical products to reach their destinations quickly and safely. Since not everybody can be reliable enough to ensure consistent results, reliable medical courier services will have regular work from clients who appreciate the attention to detail. This is an industry where hard work and dedication is rewarded.

Medical couriers can be viable businesses and have staying power in a time where many professions are being replaced by robots or outsourced to other countries. Whether you’re thinking about starting a medical courier business or you’re looking to start a relationship with one, medical courier services are here to stay.

Author: Jose Perez

On the DISPATCH: Headlines  Local  Opinion

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