Frequently asked questions
A nurse staffing company/agency is a business that provides nurses and other healthcare professionals to healthcare entities who need more contract/temporary personnel, such as hospitals, long-term care facilities, and physician offices. Nurses and healthcare professionals are normally recruited by the agency to work temporary contracts at these facilities because of times when they are short-staffed, or there is a rise in census, or to cover for periods when full-time staff is on leave or vacation.
There are two important aspects in any agency that need to be performed effectively in order to succeed. First is recruiting. It is important to be able to attract suitable candidates for jobs through the use of social media, networking, effective job postings. Second is operations. Scrubportal provides you with all the tools you need for your business to operate smoothly and efficiently. We will provide you with the back office support needed (HR, Legal, Payroll, Credentialing, AR, Software, Client Base) so that you can focus predominantly on recruiting.
Due to the shortage of healthcare professionals across the U.S, the need for nurses and nurse staffing agencies is continuing to grow. According to the American Nurses Association (ANA), in the current year of 2020 there exists a shortage of at least 1 million nurses in the healthcare industry. And the demand for nurses will continue to significantly grow in healthcare settings, like acute care, home health, long-term care, life sciences, and medical device.
Earnings are unlimited and are based on the number of employees actively on payroll working on contract for you. On average by the end of its second year of business, a traditional nurse agency can have up to 50 healthcare professionals actively on contract before the end of their second year of business and reach annual profits of $250k to $500k.
The traditional nursing agency startup costs are a minimum of approximately $25,000 to $100,000. The majority of costs will be attributed to taking care of payroll for a few months before your accounts receivable invoices are caught up by your healthcare clients. Paying your healthcare professionals is immediate, but it can take up to 3 to 4 months before you’re invoices are paid by your healthcare clients. By partnering with Scrubportal, we will absorb all your payroll costs for a minimal management fee.
A healthcare temporary staffing service traditional needs to be certified by the Joint Commission before most healthcare facilities will offer you business. By partnering with Scrubportal, we will be able to market for your candidates as a Joint Commission Certified Agency so that you do not need to go through that burden, time, and expense.
Limited liability means that its owners, also called members, are usually not personally responsible for the LLC’s debts and lawsuits. If an LLC files for bankruptcy, the members do not have to use personal money to pay the company’s debts. If the LLC faces a lawsuit, the members do not risk losing their home to cover a settlement.
In the eyes of the IRS, however, LLC taxes usually resemble a sole proprietorship or partnership. The LLC does not pay income taxes itself; instead, the owners list business profits and losses on their personal tax returns. The LLC can choose to tax itself as a corporation. To do so, it must follow corporation tax law and filing requirements.
Applying for an LLC takes only about 30 minutes if you complete the following online.
- Choose a business name.
- Check the availability of your business name.
- Register a DBA name (optional).
- File your LLC's articles of organization.
- Designate a registered agent.
- Draft an operating agreement.
- Publication Requirement.
- Obtain business permits and licenses.
The industry average for a agency to have a submitted candidate accepted for a position is between 15-20%. Because of the high number of job openings and national reach, Scrubportal has a success rate of placing its candidates at nearly 65%.
Scrubportal understands that not everyone has the assets to be able to handle their own payroll. With new agencies, there can be a first time 90 day billing cycle before you receive any revenue from the service provider yet your employees need to be paid for their hours worked. There are also different laws and regulations to understand for each state your employees are working in. Scrubportal will provide you with a complete back office staff to handle all of you payroll needs. Once you are comfortable enough to be able to handle your own payroll, Scrubportal can release that responsibility to you in result for additional compensation to you for each nurse you have actively working.
Scrubportal is able to provide you with a back office staff that has over 150 years of combined industry knowledge and expertise in the healthcare staffing sector. We also provide you with a state-of-the-art online portal that will gives you all the tools needed to effectively screen, recruit, credential, and place every candidate you engage with.
Scrubportal ensures that your nurses are proprietary to you, meaning that no other Scrubportal recruiters will have access or visibility to your pipeline. In addition, new leads can be provided to you according to your specific region or specialty request.
Scrubportal has representatives to assist you 24/7 regardless of what question or issue you may have. There are account coordinators to help provide details on job openings, recruiting specialists who can help you onboard or negotiate with someone you are recruiting, credentialing specialists who can assist your nurse with their healthcare requirements, and HR/Payroll representatives who can help with any onboarding or issues the employee may have throughout their assignment.
Each nurse that you send to Scrubportal will be placed and working underneath the Scrubportal umbrella. We are fully insured and are capable of offering your candidates full array of medical benefits from day one.
Scrubportal is looking for individuals who have some experience with recruitment/staffing and are passionate about being entrepreneurial and starting their own business. Scrubportal has a proven onboarding program to help business owner achieve their business goals. It will take hard work by the business owner, but Scrubportal is there to give you the highest chance of success.
- Joint Commission Certification (needed by most client facilities)
- Knowledge of different state rules and regulations as it relates to healthcare recruitment and staffing.
- A well-developed client base with a job board that lists over 750 open assignments
- Access to the most comprehensive recruitment applicant tracking and placement software in the industry.
You will be provided with all the tools you need in order to negotiate rates with your candidates for each opening we have. Your revenue is based on the gross margin from the rate provide by the facility and the rate agreed upon with your nurse, the higher the gross margin the higher your pay. After one year, a typical staffing firm will average close to 50 nurses working for the duration of the year. You will have the capability to make up to $3,000 per nurse per year.
Each time a candidate is accepted into a role, they will need to go through an extensive credentialing process that consists of healthcare documentation and testing that any healthcare professional must go through before they begin work. The credentials can vary from job to job as well as from facility to facility. Some of the most common credentials include but are not limited to: Physical, TB Screen, Drug Screen, Flu Vaccine, MMR Titers, Titers Varicella, TDAP, Fit Test, Background Check, and various other authorization forms and pre-employment packets.