If you want to break into the healthcare industry, now is the ideal time. The U.S. has recently witnessed an intense demand for healthcare services for various reasons: the aging population is the largest generation in history. Higher quality general healthcare and rising life expectancy will likely boost spending and healthcare industry growth in the coming years. And the need to provide high-quality, personalized care has never been more significant in the healthcare industry. As the current generation begins to retire, they will also need care and treatment for chronic health conditions, age-related ailments, and senior living injuries.
You see it everywhere: home health care is on the rise. Urgent Care Centers are popping up everywhere. And as Americans age and also continue to live more active lifestyles, medical treatments, like physical therapy, are proving to be a significant cost-saving measure for surgery.
If you're considering starting a healthcare business or a franchise opportunity in the healthcare space, now is the time to examine which franchise model is right for you. Here are five concepts quickly emerging as industry leaders in healthcare franchises.
Home Instead Senior Care provides home care services for the elderly and is the largest senior care franchise in the world. The company originates from Omaha, Nebraska, with over 1200 franchises, and is the leading provider of in-home care services for aging adults worldwide. Home Care offers companion and personal care services and gives its caregivers training in managing chronic conditions as well as providing hospice care. Their proprietary CARE program gives caregivers specialized training in memory care issues. Its mission is to enhance the lives of aging adults and their families. As 10,000 people turn 80 every day, the opportunity to own your own home care business could be a good choice for basic care for those with specialized needs.
FYZICAL is headquartered in Sarasota, Florida, and is the fastest-growing physical therapy franchise in the country. With over 550 locations nationwide, FYZICAL was named the #1 Physical Therapy Franchise by Entrepreneur Magazine and recently won the Franchise Times Zor Award as Top Brand to Buy. Additionally, Franchise Business Review named FYZICAL as Most Profitable Franchises in 2021. FYZICAL is the world's largest physical therapy company and provides traditional PT services, including injury and surgery rehabilitation as well as specialty services like pelvic health, audiology, and more.
The aging population, the growing number of sports injuries, along with the rising prevalence of chronic pain put physical therapy front and center in terms of patient demand. Physical therapy also offers patients a way of preventing injuries, pain, and future surgeries by strengthening the body, improving mobility, and identifying potential problem areas before they become major issues. FYZICAL's proprietary Balance and Vestibular Program has tremendous economic advantages and industry-leading fall prevention therapies, as well as sports rehabilitation, fitness programs, and individualized wellness programs.
FYZICAL offers Single, Multi, and Master opportunities for physical therapists and entrepreneurs, Mini Master opportunities, and FYZICAL's unique Partnership Opportunities give physical therapists a pathway to clinic ownership. FYZICAL's unparalleled support team dominates the marketplace in terms of depth, experience, and knowledge of the physical therapy industry.
The first American Family Care franchise (AFC) was opened in 1982 by D. Bruce Irwin, M.D., as a response to the inefficient, impersonal hospital emergency room patient experience. American Family Care is a network of family care and urgent care clinics that provide an alternative, non-emergency room option for urgent care to the lengthy and frustrating trips to the ER. All AFC centers provide access to primary care, urgent care, minor emergency treatment, and occupational medicine, and our community outreach efforts have helped us treat countless patients in our clinics across the U.S. With over 300+ primary and urgent care locations nationwide, investing in an AFC clinic could be a great way to break into the Urgent Care Industry.
The Joint Chiropractic was formed to help give patients holistic relief from chronic back and neck pain. With over 800 locations nationwide, The Joint Chiropractic offers a gym-like membership model to help people find relief from pain, doing away with insurance and appointments. Monthly memberships begin at $69 for adults and $39 for youths. The Joint Chiropractic offers a simple layout, with doctors performing one service: spinal alignments. Although not for every injury, it corrects minor and moderate conditions. The Joint Chiropractic offers walk-in, low-cost adjustments to reduce pain and discomfort.
BrightStar Care is a home health franchise that provides both medical and non-medical assistance for families and individuals in need. Founded in 2002, BrightStar Care has over 360 locations, and services include adult care, elder care, childcare, and medical staffing services for individuals, families, and healthcare facilities. BrightStar offers multi-week training programs for new owners and boot camp training for designated roles, as well as ongoing support from their field operations team.
People Also Ask:
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See Why Fyzical is a Top Low-Cost Franchise
FYZICAL Resources For You:
The Investment Opportunity Guide
Funding Your Physical Therapy Practice
The Physical Therapy Industry Report