Stock markets around the world are reaching all-time highs fueled by businesses in many sectors setting sales and growth records. Many of these businesses are not dependent on economic growth for their success. Some are moving forward so quickly because of regulations, changes in consumer habits and aging populations in western countries.
One of these businesses is in healthcare services and is growing very rapidly. Travel nursing companies are not a new business, but with the current explosion of medical techniques and medicines that prolong life, but require rehabilitation and additional nursing care, Travel nursing is currently on a growth boom. Here is an overview of the travel nurse industry and why it is so successful.
Travel Nursing Companies
If it seems like anything related to healthcare is a perennial best small business opportunity. And when you consider the growing amount of seniors in every western country, you can understand why. As people age, their need for medical services grow dramatically. Given the affluence of the baby-boomer generation, this creates a wealth of opportunities for senior-oriented businesses. And healthcare is perhaps the biggest senior focused business.
There are many different types of businesses that can take advantage of this growing market, and one that has one of the largest growth potential is a travel nursing company.
What do they do?
A travel nursing company hires nurses to send to cities, states or countries, where there is a current shortage of registered nurses. This could be any country around the world and particularly western countries, where there are shortages of hundreds of thousands of these valuable professionals. Travel nursing companies arrange for nurses to travel by setting up the jobs, their pay, and their travel. The jobs are temporary and vary in length pay and description, but provide a service that fits a growing need. Nurses can choose between working in a hospital, clinic, nursing home or private home and choose part or full time.
Most companies also provide bonuses and great overtime. Setting up one of these companies requires registering with the local governments and meeting the requirements for the health industry in each company where nurses are sent. So time and capital will be needed to start one of these companies. But in the end, successful companies will generate lots of revenue and be in high demand. The perfect nurse candidates for employment by these companies will have:
- A registered Nurse (RN) degree from an accredited university. Other degrees may be accepted by some companies, but most jobs will require a RN certification.
- At least one year working as a nurse. More experience is better.
- Nurses who specialize get paid more.
- You must be able to be registered in the jurisdiction where you will be working as a nurse.
- Be prepared to travel.
- Speaking several languages is a plus.
With the shortage of quality nurses in many cities and countries around the world, the need for nurses who travel will continue to be in high demand. As a result Travel nursing companies will keep booming.