Industry Overview:
Franchise North America offers medical franchises in all regions of the United States. Franchise North America only offers those franchises for sale that meet our high internal standards of excellence, integrity, and quality.
As the senior population continues to grow, families are less equipped to care for them: families are smaller and more geographically dispersed. In addition, women who traditional assume the role of caregiver are challenged with balancing work, family and caregiving duties. In addition, today's aging baby boomers want to remain at home rather than in an assisted living facility.
Medical businesses typically provide a number of different income streams: companion care, personal care, minor medical services, staffing services, case management, and others.
Facts about Medical franchises:
- Over 54 million American families are faced with the challenge of providing care for family member
- 68% of adult children do not live in the same geographic area as their aging parents
- The fastest growing segment is the 85+ age group which will double within the next 15 years
- Those over the age of 85 consume the greatest amount of healthcare; 95% prefer to stay at home
- 75% of assisted living residents could be living at home with a little help
- Recovering and convalescing patients are another area of opportunity since most are discharged from the hospital before they are self-sufficient
- 44% of hospital patients are discharged needed help that cannot be provided solely by friends or family
Lifestyle Considerations
- Owners should have some previous marketing and/or employee management experience
- Owner should have a passion for helping improve people's lives
- Very flexible starting with a home office and expanding to an outside office as the operation grows
- Owners should be expected to play a variety of roles and delegate many responsibilities
- Work days and hours will reflect those of the services you provide