Hospitals Prefer Working With Medical Staffing Agencies
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.
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.
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.
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.
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.
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.
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.
Resources: http://bolingbrookstaffingagency.com/ http://ezinearticles.com/?HospitalsPrefer-Working-With-Medical-StaffingAgencies&id=8688312
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