If you have the right skill set, right credentials and education, you may already have what it takes to make really good side income from the growing market for minor illness telemedicine.
Telemedicine has been around for a while especially in many specialty areas like neurology and radiology, but this market is starting to grow with more and more early adopters in the minor illness market.
What Types Of Patients Are Using This Service
People who have not been able to get in to see their primary care physician for things like allergies, upper respiratory symptoms, fever, sore throat, urinary tract infections or other common illnesses have started to look for other additional sources of remedy or consultation through places like urgent care centers, stand alone emergency rooms, or other types of walk-in clinics.
Minor illness telemedicine is a growing phenomenon where people can have a video consultation for certain types of illness without having to leave their home, or disrupt their daily lives by waiting in lines at a walk-in type clinic.
Granted this opportunity is only for people with already established credentials and licensing to perform this type of care, but if you are one of these providers then this can be a good side opportunity to make extra money during your downtime if you wish.
What Is MeMD?
MeMD is a minor illness telemedicine company that brings together patients and medical providers for this purpose. If you're a patient, then you sign up for the service, provide the required information, go through a short screening process to ensure that your chief complaint is one which can be addressed using the service. You are then connected shortly with a medical provider which can be a nurse practitioner, a physician assistant, or a physician who will then assess your situation, symptoms, and plan a treatment approach all through their telemedicine interface.
MeMD is able to partner with individual providers, hospitals, urgent care clinics, primary care physicians, and certain specialists to provide this type of care and consultation. Patients are able to receive appropriate prescriptions when necessary for treatment of their conditions which are sent directly to the patient's pharmacy of choice.
Why Should Medical Providers Consider Joining The Service?
For individual medical providers, a telemedicine consultation is scheduled to last 10 to 15 minutes and you set your own hours of availability. This can be conducted from your home, your business, or anywhere you have Internet access including from your smart phone. Their interface complies with required medical privacy laws with encryption and HIPPA compliance.
The big draw to a platform like this is the ability to work from home or a place of your choosing and selecting your own schedule. All providers are required to be board certified and credentialed within the state where you are seeing patients.
The cost of the service for patients is $49 per encounter or visit which is often less than the cost of a person's insurance co-pay. It is usually much lower than the cost of a visit to an urgent care center not to mention the cost for an emergency room visit.
Medical providers earn $25 per visit and can usually see three or four patients an hour which is not a bad rate for treating minor medical conditions. If you were able to do this full-time at 40 hours a week, that would equate with an annual salary of over $200,000 a year.
If you have the right skill set, credentials and licensing, then this niche extra income opportunity is definitely worth a look. Minor illness telemedicine is definitely a growing field and becoming more and more accepted. Insurance companies are already getting into this program as well because it has shown to be a cost-effective means for providing medical care for people with certain minor illnesses.