Ing to the report, the intravenous (IV) hydration therapy market was valued at $2.3 billion in 2023, and is estimated to reach $4.9 billion by 2033, growing at a CAGR of 7.8% from 2024 to 2033.
Hot Take: With profit margins ranging from 50% to 80%, offering IV hydration services can be a highly profitable venture if done right.
A Good Faith Examination is a medical evaluation conducted by a physician, or in some cases, another suitable medical professional (nurse practitioner or physician assistant) before a patient undergoes a medical procedure at a medspa.
While it seems counterintuitive to hydrate before a therapy whose entire purpose is to provide you with hydration and nutrients, it's actually very important to drink plenty of water before your first IV injection. When your body is dehydrated your veins contract making it more difficult to receive intravenous therapy.
To become a certified IV therapist, research state requirements, complete an approved training program, pass a skills checkoff exam, and obtain your certificate. Maintain certification through continuing education, with costs typically ranging from $175 to $416 depending on the program.
Depending on your setup, profit margins can range from 50% to 80% ing to industry experts. A mobile IV therapy business, offering 2-3 client sessions per day, can generate around $175,000 annually, with a profit margin of approximately 35%.
Good Faith Exams help medical spas comply with Florida state law. Licensed healthcare professionals conduct these evaluations to adhere to state medical practices. This compliance ensures that all treatments are legally and ethically administered, maintaining high standards of patient care and safety.
A good faith exam in Florida is essential for ensuring patient safety and compliance with state laws. These exams are critical in medical spas to assess and tailor treatments for each individual.
It is mandated by the Medical Board of California that before any treatment is administered, a Good Faith Exam must be conducted. Our Good Faith Exam services ensure that every step meets Medical Board requirements, providing a secure and reliable start to your care.