Starting a healthcare-related business could be the prescription to prosperity that you need. On top of potentially making a lot of money, you’ll be helping to heal people. But just what type of business should you consider? Here are some ventures to consider depending on your background, experience and qualifications.
Launch a healthcare app
There's plenty of potential for a new healthcare app. This could be a telemedicine app that connects patients virtually with doctors, a chronic disease management app for tracking and recording symptoms, or a medication tracking app for reminding patients when to take medication and in which doses. An app development company can help you see your vision through.
Set up an online pharmacy
Online pharmacies can provide greater patient discretion while delivering drugs straight to customers’ doors. They’re also cheaper to run than traditional brick-and-mortar pharmacies and you have the option to specialize in a certain type of medication. If you have experience as a pharmacist, it could be a particularly suitable venture.
Procure staff for healthcare facilities
Got experience in recruitment? Becoming a matchmaker for hospitals and clinics could be an avenue to explore. You could focus on procuring certain types of healthcare professionals such as nurses or even consider setting up a temp agency. Explore modern technologies like AI and video to stand out.
Facilitate medical tourism
Combine wanderlust and wellness by becoming a travel agent for those considering treatment abroad. In recent years, there has been a huge increase in patients seeking out surgery (particularly cosmetic surgery) in different countries to reduce costs or skip queues. By becoming a third-party facilitator you can help patients arrange flights, clinic selection and post-op care.
Become a health and wellness coach
Health and wellness coaches help empower clients to ditch unhealthy habits like smoking or poor nutrition. You can consult clients through in-person or online sessions, and potentially combine other services like personal training or therapy. You can even make money selling digital courses or by promoting affiliate products.
Develop a new drug
One of the more ambitious healthcare hustles to consider is developing a new drug. This requires first discovering a winning compound, which may require outsourcing professional help such as this BioPharmaSpec drug discovery lab. You then need to extensively test your drug - both via lab tests and clinical trials - and then make sure that it passes compliance checks. It’s a long process, but you could end up introducing a new life-saving medicine to the world.
Open a specialist clinic
Do you have what it takes to open your own clinic? A specialist clinic could allow you to focus on a specialism that you may already have experience in such as dermatology, orthopedics or ENT (ears, nose and throat). Even though it’s much easier than launching a general clinic, there will still be many costs and requirements to consider from selecting the right equipment to making sure staff are fully qualified, so bear this in mind.
