Starting a Healthcare Education Franchise
It is possible and profitable to start a scalable, quality-conscious, healthcare education franchise if one keeps 5 key points in mind.
Understand the Demand for each Course in Advance:
Often, healthcare education franchises should make an effort to understand the market demand and relevance of a course before offering it to students in a location. It will help to get student enrolments and job placements. Both extensive data and local-level market research are needed to carry out accurate job predictions.
Virohan has a demand algorithm for jobs by geography and trade.
It uses this to supplement local level insights from hospitals and labs. For instance, it identified that there was limited demand for medical imaging technicians in Delhi, which helps its health education franchise partners to avoid making the costly mistake of offering the course. This in turn helps optimize growth and rolls.
Also Read: Scope and Importance of Paramedical Courses
Providing Industry Demand Driven Training:
Today, the need of the hour is “industry demand-driven” training.
Industry demand-driven training is more targeted and focused on making a student job-ready in the shortest period of time.
Many healthcare education franchises offer outdated, “supply-driven” training. The traditional supply approach covers topics that may not necessarily be relevant for on-the-job preparedness.
Providing industry demand-driven training will enable students to get jobs faster and easier and generate positive word of mouth and referrals.
Virohan ensures that its content is industry demand-driven.
It has a panel of in-house doctors, which is well versed with the current day job needs of paramedics across hospitals and labs.
Virohan further partners with medical device manufacturers such as GE Healthcare to gain insights and understand industry requirements.
For instance, in addition to technical content, it also provides English Learning and Soft Skills content, which enables Paramedics to connect with patients and their seniors better.
Utilizing 'Smart Teaching' Methods vs Traditional Classroom
Despite the growing presence of ed-tech and gamified learning, most healthcare education franchises still use blackboards, thick books, and overly academic teachers to get through to students.
However, with dipping student attention rates, difficult to understand medical concepts, and the need for omnichannel flexibility (e-learning) due to lockdowns, the era of the traditional classroom is over.
Virohan conducts classes through its customized Blended Learning approach.
Content is in the form of 3-5 minute short interactive videos and real-time quizzes to check to understand on the spot.
There are in-class activities and energizers. There is also gamification in the form of quiz battles that one can play solo or with a friend.
This optimizes student performance and reduces drop-out rates.
The key USP of Virohan’s Blended Learning platform is that all this can be done without the need of a subject matter expert since the content is already pre-recorded and digitized.
Not all medical experts can prove to be engaging teachers, hence this was the approach to standardize and optimize the quality of education and delivery.