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Starting a Business in the Medical Field

starting a business in the medical field

Starting a Business in the Medical Field

There’s much more to the medical world than the doctors and nurses who care for patients. For bright and creative entrepreneurs, there are many businesses in the medical field that can be lucrative avenues of investment.

Medical weight loss franchises such as Medi-Weightloss are rapidly rising to the top of the list of timely and promising investments. Why? There are a few reasons.

Businesses in the Medical Field Make Sound Investments

1. The Obesity Epidemic in America

One of the biggest reasons for the current rise of businesses in the medical field is the size of the American waistline. From 2000 to 2020, adult obesity in the US increased from 30.5% to 41.9%.

While this is alarming, Americans are also becoming more health conscious as a result:

  • Smokers are breaking the habit
  • People are eating their vegetables
  • Younger generations are reading nutrition labels

That last one may seem small, but the more informed consumers are about what they eat, the more likely they are to make healthier choices that impact their overall weight and wellness.

These same health conscious Americans are seeking better fitness in both the gym and with medically-supervised weight loss programs like Medi-Weightloss.

They’re through with the fads like body wraps from medical spas that purport to trim inches. They’re equally done with trendy diets and meal replacements found at, for example, juice bar franchises. Americans want to lose weight for good, and they know a trendy juice bar full of high-calorie smoothies is not a sustainable, lifelong weight loss solution.

This makes Medi-Weightloss franchises a very attractive business in the medical field for both patients and entrepreneurs alike.

2. Certifications requirements for a business in the medical field

There are many ways to invest in businesses in the medical field, and they can require differing complexities of expertise and licensing.

Some medical field business ideas, like medical transcription services, require certifications and specialized training for confidentiality compliance even though there’s no patient interaction.

Other innovative business ideas in the medical field, such as manufacturing medical equipment like stethoscopes or hospital equipment, won’t require licensing, but there will be a significant amount of investment up front for the machinery to create the medical supplies.

This is in part why many service-based businesses in the medical field are taking off at a higher rate. The required upfront capital is lower.

Additionally, finding qualified medical professionals who are invested in patient care but are tired of the red tape in the current healthcare model is becoming easier, too. Physician-supervised medical weight loss franchises in the medical field, like Medi-Weightloss, are seeing significant opportunities for physicians as well as entrepreneurs to build their futures.

Why Medi-Weightloss is a Top Business in the Medical Field for Investors

One of the biggest draws our franchise owners have to their Medi-Weightloss investment is the ability to change lives by helping people lose weight every day. They often tell our franchise development team that physician-supervised medical weight loss is one of the best business ideas in the medical field.

Many of our franchisees are physicians themselves who have been frustrated by the lack of resources the current healthcare model provides for patients seeking weight management or weight loss solutions. They’ve opened Medi-Weightloss franchises as components of their businesses in the medical field to assist their patients reach optimum health and change their lives.

Being a physician is a bonus for owning a Medi-Weightloss franchise opportunity in the medical field, but it’s not a requirement as long as each franchise location employs a qualified and licensed physician to oversee the program for patients.

The Medi-Weightloss program itself was developed by physicians, registered dieticians, and health professionals. The program is backed by clinical research and continually updated through scientific study to remain at the forefront of the obesity medicine industry. The findings of our clinical research through the PROMIS study have been published in the Journal of Public Health through Oxford University Press as of December 2019.

What a Medi-Weightloss Franchise Offers to Investors

As one of the best business in the medical field, Medi-Weightloss offers investors a potentially rewarding business with multiple revenue streams while at the same time giving franchisees the chance to help people change their lives. We do this through the following programs for patients:

  • Medi-Weightloss Program - Our foundational program
  • Medi-Weightloss DM - Focuses on diabetes management while losing weight
  • Medi-Weightloss Adolescent Program - designed for younger patients to manage weight while teaching portion control and healthy lifestyle choices early
  • Medi-Weightloss Corporate Wellness Program - Designed for busy professionals by helping employers encourage healthy lifestyles in their workers to improve overall health and reduce medical costs and sick leave absenteeism

Patients have access to our Signature Supplements & Products, which can be purchased online and include proprietary formulations that supply nutrients patients rely on to adhere to their programs and maintain their weight loss. It’s an additional source of revenue for our franchisees and supports patients beyond the length of the program to improve long-term success rates.

Medi-Weightloss franchises are turnkey opportunities that give franchisees everything they need to open and operate their weight loss clinic.

This includes web-based software systems, like EMR and prescription labeling, a Practice Management System, online ordering, training and protocol support, and full HIPAA compliance.

Franchisees also receive unmatched ongoing support from experienced operations, marketing, clinic management, and sales professionals. A corporate management team with well-rounded experience in their respective fields will provide hands-on, comprehensive training at the Tampa, Florida corporate location as well as continuing education and on-site training and compliance visits.

Franchisees also receive regional and national advertising and marketing support, such as radio and TV commercials, direct mail, newspaper ads, promotional posters, coupons, and location-specific signage.

The comprehensive level of franchisee support Medi-Weightloss provides with our award-winning teams in compliance, training, franchise development, and guidance is virtually unparalleled in the franchising industry.

All of this support is why Medi-Weightloss franchises are one of the more exciting business opportunities in the medical field.

If you’re passionate about helping people make positive changes in their lives, and a business in the medical field seems like an exciting way of accomplishing that, contact us today to learn more about becoming a Medi-Weightloss franchisee! We’re looking forward to hearing from you!

  • Franchise Registry
  • IFA
  • SBA
  • BBB
  • American Board of Obesity Medicine