Stem cell and regenerative medicine practices are gaining in popularity as the population ages. People who suffer from chronic degenerative musculoskeletal disease are looking for relief outside of standard medicine. There are a lot of patients who are sick of getting steroid injections in their knees, taking NSAIDs on a daily basis, and having surgery pushed on them by the standard medical community (remember, surgeons make money in the O.R., not in the office). This is the reason regenerative medicine and the use of stem cells are gaining in popularity across the country in every state!
Stem cells offer the possibility of healing old injuries, decreasing inflammation, building new tissue, and helping improve the quality of our patients lives. It offers tremendous benefits to the majority of people who undergo treatment, but it also offers tremendous benefits for the astute nurse practitioner entrepreneur! Opening a stem cell and regenerative medicine clinic could potentially make you a millionaire within 12-24 months. There are dozens of medical providers, including nurse practitioners, who have started a stem cell clinic and after just 12 months bring in a SIX FIGURE income on a monthly basis. This is not an exaggeration. I have started utilizing stem cells in my practice and the payoff is HUGE.
I have consulted with a few stem cell practice owners and the amount of revenue these clinics generate simply blows my mind. I know a nurse practitioner in the southeast who consistently brings in $100,000+ a month doing this. It is absolutely insane the profit potential regenerative medicine holds.
You must be thinking that this takes a lot of work to get started. Absolutely not… this nurse practitioner works 2 days a week for 4-6 hours seeing his stem cell patients. Do you know how he is able to do this? Because the injections are very expensive. You do not need to see a high number of patients to generate a very healthy profit.
Stem cell injections will typically cost the patient between $1,500 to $7,000 per injection! The mark up on these products are very high. Therefore, you only need to see just a few patients a month to make a nice side income. Remember, you don’t need to have 1000’s of patients, you only need 100 with most standard niche practices, but for a stem cell clinic? You only need 1 patient a month to pay for your expenses and make a profit. Yes… JUST ONE PATIENT. It is truly amazing.
What about expenses? They are minimal. You could do this as a house call business or out of a small office somewhere. You do not need a big expensive medical office. You do not need employees either. The only thing you need is some basic medical supplies and the stem cells themselves. Your biggest expense should be marketing. You must get patients through your door, and the only way to do this is by adequately marketing your practice.
What about the medical practice component? Is it complicated? Far from it. The only caveat is that you need to have the ability to do musculoskeletal injections, such as knee injections, trigger point injections, etc. Listen folks, this is not hard to learn. Performing a knee or shoulder injection is easier than starting an IV! That is not a joke… If you understand the basic anatomy of the joint and know the proper technique, anyone can inject a joint. There are hundreds of providers who have learned these techniques on their own (including myself). There are thousands of others who have taken a brief joint injection course and walked away confident in their ability. Outside of the injection component, the rest of the medical practice side is easier than treating stage 1 hypertension. It is simple…
Any nurse practitioner reading this right now could open a stem cell clinic for practically nothing. This is the true definition of a part-time niche CASH practice that has an extremely high profit potential. You do not need to live in an affluent area, there are people everywhere who have the income to take advantage of regenerative medicine. I am aggressively expanding my stem cell service line because I see the monetary power it holds.
If you are looking for a true niche side practice with a high financial return, seriously consider a stem cell and regenerative medicine clinic. It is a fantastic side practice.
I have been working on my stem cell course diligently over the past month. I have partnered with Oliver Brown, a nurse practitioner entrepreneur who has launched a successful and profitable stem cell practice, to help me create this course so you can learn everything needed to start a stem cell clinic. I have learned so much from partnering with Oliver that I have started implementing the advice in the course myself and it has increased my volume significantly. I am planning on releasing this course on May 26th! Stay tuned for the official announcement that has more details about the course and all the bonuses I am getting together to help you succeed and break free.