There has been a massive increase in telehealth consults over the past five months. As we find a demand for virtual visits, RPM devices increasing by seven fold, it is imperative to know that telemedicine is now here to stay.
Already, there is huge demand for such services with forecast of a seven-fold growth with a CAGR of 38.2%. It opens up huge opportunities for vendors as well as provider to improve their cumulative wait times, intake of patients and expand bandwidth of delivering care in the best possible manner.
The researchers predict that more user friendly interfaces and diagnostic equipment that enable better patient outcomes will be the order of the day. As someone, looking to find a foot in the healthcare franchise world and looking to become your own boss, finding a company that deals with state of the art telemedicine devices can add greatly to your business growth possibilities.
Also, medical billing and consequent outsourcing opportunities will be at a surge. Finding a qualified team to handle all daily practice management chores can be a hard find for providers. Moreover, rising operational costs, not getting paid for the claims, changing regulations, complexities with reimbursements are major contributors to the expansive growth possibilities in this sector. A healthcare franchise offering scalable solutions in medical billing can also offer you great potential for earning business dividends.
Unique revenue sharing model
One of the advantages of working with a top class healthcare franchise is their ability to offer a revenue sharing model which is unique. They will be offering excellent pre-sales, marketing and training support possibly at no additional costs.
It helps their channel partners reach out to prospects and earn best possibilities of passive residual income. The best in the franchise model may offer a 20% of the top line on an ongoing basis with no overhead or recurring charges. It helps you grow, develop a strong market presence and leverage on the assistance model offered by the healthcare franchise. It makes the work of a franchisee a lot easier and helps them approach the market with confidence.