Welcome to the Non-Emergency Medical Transportation Industry, an industry that's literally growing by the day I know it because I've experienced it And now you can too
So what is Non-Emergency Medical Transportation (NEMT)?
Also known as an ambulette service, NEMT is the transportation of people in wheelchairs, stretchers or those ambulatory who need assistance.
You'll transport people to and from medical appointments, in and out of hospitals and nursing facilities, or from residences to various medical appointments. And here's the absolute best part Your two niche markets, the medical industry and the elderly population, are not just growing, they're exponentially booming The elderly population is the fastest growing niche market in the world - and it's only getting bigger By the year 2030, the US elderly population will have doubled, reaching in excess of 70 million The US health care industry is one of the world's largest and fastest growing industries By the year 2016, the growth of the US medical industry will have consumed almost 20% of our GDP Now seriously, if you have any kind of keen business sense then these two statistics, the growth rate of the elderly population and that of the medical industry, have got to excite you and gain your interest
But let's discuss in further detail just why starting a NEMT business is a great investment for ambitious, motivated entrepreneurs.
For starters, rarely do entrepreneurs think of this kind of business when looking for a business opportunity Everyone is focused on the get-rich-quick schemes and no money down pie-in-the-sky dreams of riches
Seriously, when was the last time you heard someone say "I think I'm going start a NEMT business?" The fact of the matter is you probably haven't But, you probably know someone, if not even yourself, that has started some kind of "no money down" real estate gig or some other online pie-in-the-sky dream.
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