Starting Up an Urgent Care Center

May 21, 2015 |

cost of healthcare deliveryIt is a well-known fact that health is a booming business. What many people don’t know yet is that these days the most promising of medical business formats comes in the form of immediate care centers. These health facilities first appeared back in the 90s and were meant to cater for the specific needs of a segment: non-emergency medical attention that involved unplanned urgent care for injuries or illnesses that were not considered life-threatening.

Despite the growth of these facilities, it must be said that not everybody can open up an urgent care center. There are many aspects that should be taken into account, such as professional staff, overall management and above all, the cost of health care delivery.

What are Urgent Care Centers and why have they become so popular?

Urgent care centers allow patients to receive care for medical issues without visiting an ER, which is both expensive and time-consuming. Since its onset, these centers have been open to help keep community members healthy, by providing physical exams and regular immunization, for instance; as well as helping hospitals take off the burden of the many patients who visit emergency rooms without a real need. The main reason behind their popularity concerns the centers’ ability to provide top-class service in a fast and cost-effective way.

Why do Urgent Care Centers make a good business venture?

Since health providers will always be necessary, medical services will be on the rise. Moreover, since urgent cases will always come up, setting up an immediate care center may turn out to be a stable investment. Here are the first steps you should follow:

First Step: First is first, you should get in touch with either the local Chamber of Commerce or your state licensing agency in order to find out what types of licenses are required of an immediate care center. Since each state has its own regulations, it is imperative for investors to get this inside scope accurately. Some licenses may take a few months to get and some states have stricter regulations than others, so this information is vital before planning anything beforehand.

Second Step: If you are planning to survive on the market for a longer time, you must get in touch with most major health insurance companies in order to find out what is needed in order to become credentialed. Without this support, your business venture is not likely to make it. The more companies you sign agreements with, the more patients you will be able to take in.

Third Step: Do some research. Find out about the demographics of the area you are interested in. Bear in mind that you must have at least 40,000 people in a location to open one of these centers. You should also inquire about already existing centers and their proximity.

Fourth Step: Structure ownership and write a business plan for your center. Professional help may come in handy at this point.

Fifth Step: Register your urgent care center with your licensing agency and get any other necessary permits.

Category: Business 101, Featured, Healthcare Business

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