Are you passionate about healthcare and want to help connect talented medical professionals with facilities needing staffing solutions? Starting a healthcare staffing agency may be the perfect business venture for you. Healthcare staffing agencies provide a vital service to healthcare facilities by connecting them with qualified medical professionals, such as nurses, physicians, and therapists.Whether you’re an experienced healthcare professional or a business entrepreneur looking to enter the industry, this blog will provide valuable insights and guidance to help you start to launch your own healthcare staffing agency.

Staffing Agency

1. Market Research

  • Research areas of opportunity and need in your field.

2. Determine Start-Up Costs and Business Type

  • Start-up costs can vary depending on the state where you reside, the size of your agency, and how much you want to outsource. Expenses to remember are rent, telephone bills, worker’s compensation insurance, website development, advertising, wages, etc.
  • Creating a business entity can help shield you from personal liability and costs. The type of entity you choose can change as your business grows.

3. Ensure Legal Compliance

  • Compliance is the practice of protecting your patients and your license.
  • The Five Key Elements of Business Compliance include new hire documents & processes, policies and procedures, training documentation, contracts, and website disclosures.
    Are you looking to learn more? Reach out to our office so that we can help get your practice in compliance.
  • Be aware of licensing requirements, taxes, and employment law implications, such as distinguishing between independent contractors and employees. Many states also require licenses for staffing firms to place healthcare professionals.
  • The American Staffing Association provides a Code of Ethics and Good Practices for guidance (ASA Code of Ethics & Good Practices).

4. Choose a Business Name

  • Make sure your business name is not trademarked or in use by someone else. Then, register the business name and domain name.

5. Get Insured

  • Common examples are a business owner policy, commercial general liability insurance, employment practices liability insurance, and worker’s compensation insurance. Not all insurance policies will apply to your agency.

6. Get Software to Manage your Business and Employees

  • There are several free software options available or programs with monthly payment plans.

7. Open a Business Bank Account

  • Separate your personal and business assets.

8. Create a Website

  • Your website should be easy to navigate with buttons and functions that always work.
  • Provide essential information about you, your practice, and your services.
  • Use sites like FIVERR and Upwork to find an affordable website developer, or check out our website developer.

9. Network

  • Build relationships with both possible clients and employees.

10. Hire Employees

  • Pick employees that align with you and your business goals.
  • Have an onboarding process, an employee handbook, and requisite contracts.

11. Analyze Cash Flow and Protections

  • Determine income and expenses. How much does it cost to operate on a day-to-day basis?