Do you want to know the average revenue of medical transport companies? If YES, here is an analysis of how much non emergency medical transport companies make.
Before we delve into the monthly earnings of non – emergency medical transportation companies, it is important that we first have a quick look at happenings in the Non – emergency Medical transportation industry.
Non – Emergency Medical Transportation Industry Overview
The Non – Emergency Medical Transportation industry is indeed a very large industry and pretty much thriving in all parts of the world especially in developed countries such as United States of America, Canada, United Kingdom, Germany, France, Australia and Italy et al.
Envision Health care is one of the leading players in the industry. Statistics has it that in the united states of America alone, there are about 16,928 licensed and registered non – emergency medical transportation providers responsible for employing about 200,048 employees and the industry rakes in about $15bn annually with an annual growth rate projected at 1.1 percent.
There is a huge market for this type of service simply because there are loads of sick people out there who cannot transport themselves to hospitals hence the need for private ambulance services. So if you are looking towards starting a business in the healthcare sector, then one of your options is to start a non – emergency medical transportation business.
Sources of Income for Non – Emergency Medical Transportation Company
Non – emergency medical transportation companies earn money by offering the following services;
- Provide non – emergency surface ambulance
- Provide nursing aide services
- Provide consultancy and advisory services as it relates to your core services
Average Monthly and Annual Earnings of Non – Emergency Medical Transportation Companies
In the United States of America, the average income for non-emergency medical transport company varies from one region to another. Studies shows that non – medical transport companies earn less in Hawaii with an average monthly earnings of $2,500 and annual earnings of $30,000 and monthly income of $4,166. 67 and annually income of $50,000 in California for the West region.
In the Northeast, the non – emergency medical transportation industry earns an average monthly income of $3,333 and annual income of $40,000 in Maine and an average monthly income of $4666.67 and an average annual income of $56,000 in New York, respectively.
So also, non-emergency medical transport companies in Louisiana make an average income of $3,333 and an annual income of $40,000. While in Washington DC, non – emergency medical transportation companies make an average monthly income of $4,583.33 and an average annual income of $55,000 which obviously is the lowest and highest earnings in the South region.
Lastly, in the Midwest region specifically in Illinois, non – emergency medical transportation companies rake in a monthly income of $4,250 and an average annual earning of $51,000 which is the highest earning for the region. While in Nebraska and South Dakota, the average monthly earning is $2,833.33 with an annual earning of $34,000, which not only the lowest earnings by non – emergency medical transportation companies in the region but also throughout the United States of America.
It is important to state that the above stated earnings for non-emergency medical transport companies in such region is not cast in stone. As a matter of fact, a non – emergency medical transport companies can earn as much as they can if they have adequate staff and facility, if they have the right business network and have the capacity to work hard and smart. Usually, non – emergency medical transportation companies earn more due to the longer spend in the industry.
Interestingly, if you choose to start your non – emergency medical transportation company in New York, California or Washington, D.C., you stand the chance of earning more than your competitors who are outside these states. This is so because living expenses are higher in these states and districts.