2. When you calculate the total pay associated with
having an employee in a hospital it is usually 35 to
50 percent of the worker's salary. The hidden costs
allow Hospitals to view medical staffing agencies as
a viable option.
Hospitals only pay for services rendered and they will
never experience absenteeism due to illness when
using a temp agency because the agency will
always have a ready warm body available to cover
the needed shifts.
3. Many managers prefer to use a healthcare temp
agency over trying to hire new employees. Many
healthcare agencies are moving into a total
streamline process taking over the entire operation.
Managers view this as a monetary gain especially
when hospitals are being force to run a lean
operation.
4. Hospitals view using an agency as a viable option to
hiring new employees mainly based on the cyclical
nature of the industry. Hospital census dictates
manpower in a facility and using a staffing agency
allows facilities to simply call an agency and cancel
the shift. This allows the hospital to save on
expenses for any particular day as opposed to firing
an employee because the hospital is slow.
5. Deciding On Your Service
Deciding what service to provide may be as simple as
determining what your goal is. If your goal is to
simply provide services to hospitals using your
particular skills, then finding your niche is as simple
as using your professional license.
If your goal is to start with your profession and move
into other areas, then you simply begin hiring
professionals within your scope, build a financial base
and slowly move into those other areas.
If you are a seasoned company wishing to build revenue
within the medical industry, finding a qualified
manager/business developer will be your best vehicle
to use.
6. Deciding on your niche will be affected by the local
market place. Your particular region will dictate the
supply and demand for both the client and the labor
supply. For example, if there are 5 Hospitals in your
area, but there are 25 healthcare agencies, fighting for
your particular niche, then may not be a viable vehicle
to use. You may find that further specializing may
allow you to make a nice living even with this
competition. You may offer weekend night shift
services at a higher rate guaranteeing services. This
will allow you to attract employees and beat the
competition in this area.
7. One of the companies I consulted for initially
specialized in providing only radiology
technologists in a very tight region. Eventually the
company slowly moved into Ultrasound, Nursing
and eventually Respiratory. The success came from
slowly establishing themselves within a particular
niche earning the respect of the hospitals who later
were willing to allow entry into these other niches.
8. The Key Elements
Some medical professions lend themselves for easier
entry and higher return with less capital
investment. Depending on several key elements
will determine the cost associated and earning
potential of your temp service.