Franchise Health Care Companies: Top 10 Reasons

The following blog was originally posted at franchisinghealthcare.com. Weise Communications is proud to be a sponsor of the Franchising in Health Care Conference, July 27 & 28, in Minneapolis. For more information about the conference, or to register, click here.

According to an article originally posted in the Denver Business Journal entitled “Urgent care franchises gaining acceptance,” companies such as Maryland-based Doctors Express, have seen great growth based on a productive business model for both the franchisees and the patients. In the article Chris Prior, medical director at Doctors Express in Centennial Colorado states, “declining number of primary care physicians has made it harder for a parent to get their child in to see their family doctor when illness arises, making new urgent-care locations more accessible.”

A health care franchise has the ability to positively impact the community it serves by reducing the cost of health care expenses and improving overall community wellness. Franchising within the health arena is advantageous because it allows for increased buying power of equipment, supplies and technology solutions. For example, when a new treatment becomes available, the franchisor can a directly share information with the medical professionals (within the franchise system) to detail implementation. This buying power will also mean franchisees in a system can purchase new technology at a bulk rate – something stand-alone practitioners will not be able to do. The knowledge-share and buying power will effectively and quickly spread a high standard of treatment options across a system and throughout communities.

The following are our top 10 reasons to franchise great health care concepts:

  1. Multiple locations with cost-effective services improve/increase patient access to care.
  2. Replicating systems throughout the franchise such as advertising programs, patient acquisition plans and technology infrastructure, reduces costs.
  3. Franchisees have access to buying power for costly medical equipment and supplies.
  4. The franchise system provides more sophisticated business management and allows medical professionals to focus on practicing medicine.
  5. The ability to purchase and implementation of technology speeds up, increases and improves the business.
  6. Services can better coordinate for an individual patient.
  7. The larger system can monitor best practices, which allows for better patient outcomes and more positive customer experiences.
  8. Franchising allows for faster scalability of a great concept.
  9. A franchise system is better for raising capital when overall system improvements are needed.
  10. Effective franchising may bend the cost curve of health care within communities, thereby improving the overall health and wellness of a community.

Have an additional top reason to franchise in the health care space? Please feel free to post your ideas in the comments; we would appreciate hearing from you. Be sure to follow us online @Weise_Ideas orFacebook: Weise Communications

I would like to express great thanks to Kevin Hein for helping with this post. Kevin Hein is a partner at Faegre & Benson. He is a corporate lawyer with a special emphasis on representing companies using franchising as a method of distributing their products or services.

7 Responses to “Franchise Health Care Companies: Top 10 Reasons”

  1. April 27, 2013 at 12:02 am

    Great article! This is the type of information that should be shared
    around the internet. Disgrace on Google for no longer
    positioning this put up upper! Come on over and discuss with my web site .
    Thank you =)

  2. July 25, 2014 at 2:47 pm

    It may sound like a mission, but 20 minutes
    is not a lot if you think about it. With the growing trend of online shopping, more and more
    websites are emerging with quality hair care products for sleek
    and shiny hair. This will cause the hair to stretch and finally break.

  3. July 27, 2014 at 6:09 pm

    ‘ Propecia is meant to be used in men suffering from male pattern baldness after consulting
    a doctor. Used in determining menstrual irregularities, menopause,
    pituitary problems, suspected gonadal failure and infertility
    tests. These products work the best in younger men who have only begun to
    lose their hair, and in those whose androgenetic alopecia is still in the early stages where
    hair is thinning but continuing to grow.

  4. August 5, 2014 at 11:53 pm

    Senior citizen clients thought they had every reason to trust Mr.
    The third method that Real Estate Appraisers use is called the “Income Approach”.

    But Lee Marvin, in Serling’s episode of “Steel,” is quite another matter entirely, even by way of the most anciently impressive of standards;
    just as, to be sure, his performance, in The Dirty Dozen, was no less a masterpiece of the greatest refinement in style.

  5. September 5, 2014 at 7:46 pm

    Subscribe and enjoy reading all of my articles
    under the titles of Interior Decorating, Long Island Interior Design,
    Decorating, Arts & Exhibits, Lifestyle , as well as General Pets, Fashion Trends, and Long Island Prepper written for Examiner.
    The 13-inch fan body is one of the smallest on the market.
    When picking out the fan, you have to be quite watchful.

  6. September 12, 2014 at 7:38 am

    The questions you should ask your plastic surgeon before rhinoplasty
    should be about the safety of the procedure, its efficiency, and
    most importantly, its appropriateness for your body
    and whether it would offer results in line with your expectations.
    For example, you might be seeking rhinoplasty as way to achieve a
    functional goal. This will give an assurance that the treatment
    which has offered is effective and suitable for you.

  7. September 18, 2014 at 2:34 pm

    Women all over the country go out via the day so the norm, they will increasingly work located in what before certainly
    male dominated industries. Before you start placing orders you would want to test out the local.
    At one time western wear was a way of life; the cowboy hat, jeans, pointy boots and uniquely western shirts for
    men meant that a he earned his pay by working on a farm or ranch feeding livestock, branding cattle, mending fences, clearing brush
    and moving livestock to a greener pasture.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Share The Side Note

Facebook Twitter More...

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1,099 other followers

Weise Twitter


%d bloggers like this: