Before you jump into the transportation business, spend the time to create a business plan. Describing Operating-Expense Items List details about the types of services you plan to offer, such as picking up people at their homes, at assisted living facilities or at healthcare facilities. Explain how you plan to offer these services, including registering with your state and contracting with Medicaid.
Politics Image via TechCrunch. NEMT services help people get to pre-scheduled healthcare appointments, including doctor visits, rehab, clinical testing, follow-up exams, and more. The demand for safe and reliable public transportation for people with medical issues and disabilities, particularly in rural communities, continues to grow at remarkable rates.
There is a growing market opportunity in the NEMT services industry. The overall population of elderly and disabled patients is increasing. Plus, as a result of the Affordable Care Act, more preventative and follow-up treatments are covered by health insurance plans. A look at some telling statistics show a litany of challenges—along with business opportunities for solutions: Medical transportation company legal structures The legal structure of your non-emergency medical transportation business has far-reaching implications—both in respect to partnering with payment providers and resulting tax responsibilities.
If you want more help choosing a legal structure, an attorney can explain the advantages and disadvantages of each type. Your attention to detail will encourage confidence in potential investors and help to secure financing for the best start possible.
NEMT certification, licensing, and insurance requirements The non-emergency medical transportation industry is still in its comparative infancy as a formal niche—both in respect to technological innovation and federal regulation.
While there are no formal guidelines for the NEMT industry as a whole, each state has its own set of operational rules and regulations that all companies are required to follow.
As the industry develops, and the need for NEMT professionals continues to grow, certification courses will almost certainly become standard.
NEMT licensing elements Vehicle licensing is another primary element of the non-emergency medical transportation industry. Double check your requirements with your local bureau of motor vehicles, and make sure you understand any standards set for Medicaid transportation if you offer it, like: In most cases, coverage is based on a two-part formula: Private employers with 15 or more employees; businesses operating for the benefit of the public; and, all state and local government agencies.
Some ADA requirements include: Able to withstand 2, of pressure per leg Seat belt mechanism: ADA-compliant vans There are a few affordable makes and models of wheelchair accessible vans that are ADA-compliant—either right from the manufacturing line or after an accessibility conversion.
Service, staffing, payment, and marketing processes On the front end, you need to be able to meet the needs of your customers—that means providing exceptional service with flexibility and consistency. That will require smart staffing decisions, and a commitment to ongoing training, especially as the industry grows.Create a Strategic Plan Template in minutes using a step-by-step benjaminpohle.com Strategic Plan · Get Business Loans · Print % Free · Highly ProfessionalTypes: Recommendation Letter, W-9, Non-Profit Bylaws, Fax Cover Letter.
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