Understanding How Large the NEMT Industry is Gives a Clue on Competition
Technological advances gave us a whole new world of opportunities. Fortunately, the medical industry applied those to its benefit, and we received a number of patients who managed to get better treatments and increased longevity. The increased number of services that the medical industry provides illuminated the gaps in the industry. Among the most pressuring ones stands NEMT. The increasing number of patients who receive follow-up services is a positive tendency, but as it turned out medical facilities have no transport capabilities to support all of them. In addition to that, the number of people who live with disabilities comprises approximately 26 % of the U.S. population. The figure that influences transportation services importance is patients with a high- level walking disability since they are not just potential customers, but the ones who require special treatment. Aging of the population is another developing phenomenon. The estimated number of people over 65 years old is supposed to double in the next couple of decades. On top of that, the surveys show that 2 out of 5 people over 65 years old suffer from some type of disability. The aging population leads to increased spending on programs for retired people. NEMT is not in priority for any governmental program. The category of population that was pretty successful in the youth is now also expecting troubles. Babyboomers influenced healthcare system capacity a lot. The studies give unsatisfying results on the quality of their life. It is estimated that among the people of age from 50 to 64, about 60 % have at least one chronic disease. With the changes in financing the healthcare system, babyboomers are likely to be confused and take care of crucial problems not in a timely manner. All these numbers lead us to understand that transportation will become one of the most painful questions for the state system and demand for the private initiative is growing.
Acquiring a transport software is an insurmountable task for most medical facilities. Unlike private businesses, hospital or clinic transportation and its management would influence the patient’s pockets and make a ride unaffordable. All these and many factors combined lead to the appearance of the whole industry for non- emergency medical transport.
Understanding the way industry operates gives one a clue on what it takes to succeed in it. The pillars that support the business are customers, fleet, staff, and transport management software. Since the demand for NEMT is still enormous the customers are not the biggest issue for business. Managing the drivers, billing, dispatching, and other tasks become a challenge, especially if the business grows at a fast pace. When it comes to competition, poor management of the resources available is what brings a business down regardless of its size.
How Does NEMT software Help Rise the Competitive Ability of the Business?
Minimizing the expenditures and looking for new solutions for business is a universal principle for any business. When it comes to transportation businesses, nemt manager software makes all the difference. Investing in business is crucial, but it is not always possible to invest as much as you want. Acquiring software to help you manage the business is an affordable option that puts the business above the competitors. Among the functions that software assists with are billing, dispatching, routing and more. ISI Technology offers a more integrated approach. It has not only dispatching options but routing, scheduling, and billing. By purchasing this software one saves time worrying about mistakes that are in human nature to devote more time to other improvements.