Here on Freelance MD we often discuss unique business opportunities for the medically inclined or interesting clinical practice models.
One of the interesting opportunities that I've come across is the possibility of opening a travel medicine clinic through a franchise model with the company Passport Health.
Headquartered in Baltimore, Maryland, Passport Health allows owners to buy into their franchise model and "own" a specific geographic region for development. They currently have over 160 locations and their website mentions opportunities for the entrepreneurially-minded:
If you are a health care professional or entrepreneur with appropriate connections, we can help you achieve your dreams. Passport Health is an excellent business opportunity for the right individual. Passport Health is a simple, low-overhead service company, which provides immunizations to those about to travel to a foreign country. Basically, we are in the immunization business; we offer on-site services such as Flu and Hepatitis clinics. However, we also specialize in safety and security travel information. We are already a household name in many areas across the country, but there are plenty of great territories remaining.
A follow-up email from the company provided more specific information about their franchise opportunity:
We generally sell large territories, including a city and the surrounding counties, with the owner expected to open multiple offices over time. Our franchise fee is $35,000.00, and it includes training (5 business days), videos, materials and the use of our exclusive software, Passageware. There is no build-out and very limited start-up expenses. Owners consist of doctors, nurses, and entrepreneurs, with one hospital (Sentara in Norfolk) and one university system (University of Rochester School of Nursing). Due to the hard work of the individual owners and our marketing team, we are constantly adding corporate accounts and our business model is ever expanding to include all areas of vaccines.
Besides being an interesting field, Travel Medicine is open to healthcare providers from a variety of backgrounds. While many Travel Medicine providers are trained in Infectious Disease, I know physicians with many different backgrounds involved in Travel Medicine.
For those interested in Travel Medicine and desiring increased training in this area, our ExpedMed courses are an excellent way to be exposed to this niche. Two Executive Board members from the International Society of Travel Medicine, Dr. Alan Magill and Dr. David Shlim, will be speaking this year at our Expedition Medicine National Conference that will be held September 16-18, 2011 at the Omni Shoreham hotel in Washington, DC. A prior post here on Freelance MD described other, multi-month programs in Tropical Medicine that are also available for those with increased desire and more time to invest.