HarryHK

HarryHK

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All Content by HarryHK

  1. independent contractor forms for nurse

    Traveler.
  2. Am I being "too picky" with recruiters/companies?

    What questions provoked this response? You may well have been asking questions with proprietary answers that no agency is comfortable answering. Questions like how many travelers do you have, what is your bill rate, how many assignments terminate, an...
  3. independent contractor forms for nurse

    What I posted was in the context of contracting to acute care hospitals. In most states, there is no regulation of such agencies or insurance requirements. Home health is outside my area of expertise, and I understand that in most states the industry...
  4. Contract tips

    1. If you are working away temporarily from your permanent home, the expenses incurred such as housing are tax deductible. Alternatively, if the agency provides either housing or a stipend in lieu of, that is a tax free benefit - no receipts required...
  5. Check these rates out!

    No matter how you slice it, agencies make a gross profit margin of between 20 to 30 percent of the bill rate after all direct nurse expenses have been paid (the definition of gross profit margin). This is AFTER paying all those additional expenses yo...
  6. Hospital cancelled my contract!?!

    Thanks, I guess. Not sure what your point was other than projecting your own animosity at innocent nurses who are in no way responsible for your budgetary problems and citing "facts" with no evidence. So if I helped you realize that, you are welcome....
  7. Hospital cancelled my contract!?!

    Gee Karen, we seem to be responding to your own animosity for nurses and lack of citations for your "facts". We've cited a reputable study as well as pointing out well known demographic factors. Until you substantiate your claims, ad hominem attacks ...
  8. Contract tips

    fizz2Nurse is completely correct in all her posts with tax rules. To add to her excellent posts about some specific statements like the ones above: Assuming the traveler is working away from a legitimate tax home and follows the rules, none of the a...
  9. Hospital cancelled my contract!?!

    It is clear that you have a narrow management perspective and to imply that you are preparing a foundation for a new generation of nursing professionals is wrong. You are actually preparing a new generation of workers to exploit. I would suggest to y...
  10. Starting a Staffing Agency

    As the general contractor, you will be required to show proof of general liability, you may in turn pass this liability down to your contractors and require that they obtain insurance contractually and show proof to you. You are not responsible for w...
  11. Starting a Staffing Agency

    My knowledge base is limited to traveling. That is something that can be done to employ one's self with practically no funds or licenses. A local staffing agency is a very different beast. Yes, you will need significant funds and/or a way to finance ...
  12. Only a person MOVING to the state. Not business travelers.
  13. Looking for advice on adding agency work to resume

    I would never put the name of an agency on your resume. They cannot provide a good reference and even have some incentive to give a bad reference. It is the hospital that is providing you with a workplace and supervision and a reference/evaluation as...
  14. Ignore the cops. If they issue a ticket, take it to the courthouse along with a copy of your contract. You should be able to get it settled without an actual court date. It is not in the best interests of the State to incur the costs of a formal cour...
  15. independent contractor forms for nurse

    Agencies do not charge 70 to 100 dollars an hour. The norm is more like 50 to 62 an hour depending on location and specialty. But why would you want to undercut your competition? Get what you are worth! I have always been the highest paid traveler at...
  16. Starting a business:funding

    I may be looking for capital myself in a few months. Your choices are pretty much as you have outlined them. -Line of credit - has to be secured with assets -SBA guaranteed - tremendously invasive and intangible assets (skills and past record) are im...
  17. Starting a Staffing Agency

    1099 employee is a common expression. Google it for thousands upon thousands of hits I used it for clarity in this conversation. I use the word contractor in all of my contracts. My contractors are required to carry their own insurance. I'm well awar...
  18. Starting a Staffing Agency

    By the way Eddy, I just realized something about every single hospital contract I've done. Not one hospital has ever used a corporate identifier on their contract. So every single hospital I've signed a contract with has also committed a "crime". I g...
  19. Starting a Staffing Agency

    We agree on many things apparently but some of what you are saying is just wrong. I'm not sure who you are giving advice to, but the post I most recently replied to wishes to start off contracting personally. Large business advice is inappropriate, p...
  20. Starting a Staffing Agency

    Are you a healthcare professional? There is no corporate shield available for professional liability. If you harm a patient, your personal assets are on the line period. Just as they are as a normal employee of a hospital (who is also incorporated). ...
  21. Starting a Staffing Agency

    Oh yes! Well under a $1,000 is all you need for insurance and possible incorporation costs (optional). Maybe some accounting software as well. And you have more than enough cushion to pay for your living expenses for a couple of months.
  22. Starting a Staffing Agency

    While I don't disagree with you about the benefits of incorporating, an large portion of small businesses do not (it is a rare one with over 50 employees though). A sole proprietorship is a "true" business entity and can get appropriate insurance. I ...
  23. Starting a Staffing Agency

    I'm going to have to disagree with both your points. There is no requirement to incorporate (and it is actually easier to staff nationwide without incorporating), and having been a staffing agency for over four years, I have never heard of a staffing...
  24. Accounts Receivable Factoring?

    The pay cycle is what you set, but 30 days is standard business. Also standard is charging 1% per month interest on unpaid balances (which is killer money if you don't depend on cash flow). Of course, someone actually has to work before you can invoi...
  25. independent contractor forms for nurse

    There are no insurance requirements by state, only by hospital. However it is pretty standard stuff: 1/1 million general insurance including fire and water; and 1/3 million professional liability.