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Medical Staffing Franchise: Is It Right for You?

Medical Staffing Franchise: Is It Right for You?

What exactly does a medical staffing franchise do, and how do you find one to invest in? Learn more about the business model to see if it’s the right fit for you and your business goals.

What is a Medical Staffing Franchise?

A medical staffing franchise provides healthcare facilities with temporary and, in some cases, permanent healthcare professionals. These businesses act as the bridge between medical facilities that need staff and professionals seeking employment. They may cater to a wide range of employment positions, including nurses, physicians, therapists, medical technicians, and administrative staff. Some of the top services offered by healthcare staffing franchises include:

  • Recruitment: Finding qualified medical professionals for healthcare facilities, including hospitals, nursing homes, assisted living facilities, outpatient centers, rehabilitation centers, hospice care, urgent care centers, and physicians’ offices.
  • Screening: Ensuring that potential employees have the necessary qualifications, certifications, and background checks before helping them find employment.
  • Scheduling: Managing schedules so healthcare facilities have the staff they need when they need them.
  • Payroll and benefits: Managing compensation and benefits for the temporary staff.
  • Training and continuing education: Offering opportunities for staff to continue their professional development and learn new skills.
  • Compliance: Ensuring that all placements meet necessary regulatory and licensing requirements.

So, What’s the Appeal?

There is huge demand in the healthcare industry. According to the U.S. Bureau of Labor Statistics, healthcare jobs are expected to experience rapid growth from now until 2032 – much faster than most other industries. Each year, there will be around 1.8 million new job openings in healthcare because of employees permanently leaving the industry and growing demand due to an aging population.

The World Health Organization has stated that the population is aging at a faster pace than it has in previous years. It’s forecasted that from now until 2050, the percentage of the global population aged 60 and over will grow by almost double from 12% to nearly 22%. As the 60+ age group grows older, they’ll likely need care and assistance, whether that be at home or in a facility. The healthcare industry is already feeling the pressure to keep up with the current demand. Savvy entrepreneurs may see now as the perfect time to get in on the ground floor of a growing industry.

Healthcare staffing franchise businesses allow entrepreneurs to help their communities struggling with healthcare labor shortages. What makes the opportunity even more ideal are the projected startup costs. In fact, there are plenty of staffing businesses that can be started for around $200,000. With a healthcare staffing franchise, owners primarily need a space to conduct interviews, run background checks, ensure proper certification, and handle other administrative tasks. Unlike other healthcare franchise opportunities – such as nursing homes or assisted living facilities – a staffing franchise doesn’t require a large space to help patients and house supplies.

Always Best Care: An Alternative to a Staffing Franchise

Still unsure whether a staffing franchise is the right fit for you? There are other equally fulfilling business opportunities available within the same price range. The home healthcare franchise model is another popular option for compassionate entrepreneurs looking to improve the lives of others.

A home healthcare franchise like Always Best Care offers multiple services such as respite care, in-home care, skilled home healthcare, special care, and senior living referral. Our diverse offering, coupled with estimated startup costs between $81,025 and $145,900, allow our franchisees to capitalize on their investment through our proven business model.

We have plenty of territories available for growth nationwide with limited opportunity in only six states. Additionally, we offer our franchisees their own exclusive territory. This allows for equitable growth of our investors’ businesses and protects their marketing initiatives and referral sources.

To learn more about our franchise opportunity, request information today, and one of our representatives will contact you soon.

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