Starting a business from the comfort of your own home has generated a big buzz in the 21st century business landscape. However, many are convinced that this is less feasible when looking into a medical-related business. Fortunately, there are a number of options for you to be able to have a medical business while still being able to work a full day in your pajamas! Take a look at ideas to help you get started on your way to business ownership.
- Medical Billing & Coding
One of the more promising facets of medical billing services is that it’s a critical component of any medical business, which in turn means that there’s a huge and growing demand. This is especially true because of elements like the switch from ICD-9 to ICD-10 code sets. The change has resulted in a significant shift in how billing and coding is performed, and medical business are increasingly turning to professionals to handle this task for them so they can decrease errors and increase efficiency.
- Medical Equipment Sales
The medical equipment industry is surging, as it rakes in millions of dollars each year in revenue. As the baby boomer generation surges to seniorhood, coupled with technology that continues to develop at lightning speed, this industry is poised to only continue growing stronger and stronger. In addition to setting up as a brick-and-mortar store, you also have a digital option that allows you to work from home to arrange shipping to customers.
- Wellness Coach
This type of business is perfect for those who have dietician, nutritionist, and/or personal training certifications. As a personal wellness coach, you can meet with clients on your own time to help them achieve all of their health goals. This business will require extensive knowledge of general diet and nutrition, coupled with knowledge of how to stay active and healthy in various ways to suit different lifestyles and preferences.
- Senior Home Care
As we mentioned earlier, we’re hitting the golden age where all the baby boomers are crossing the threshold into being seniors. As such, there’s a skyrocketing need for quality senior care. However, many seniors and their families don’t wish to be sent to a nursing home or other care facility. This mentality has created a surge in home care, in which doctors, nurses, and other trained professionals provide various levels of care to seniors in their home.
There’s a wide world of opportunity for those who want to start a home-based medical business. Just be sure you’re looking at all of your options to make sure you choose the best fit.