I have been a critical care nurse for 25 years and in the past have had a travel company. You are correct In your analysis but not easy at all. Very very difficult. You forgot to mention getting paid from hospitals. many hospitals take 45 to 90days to get paid. It is very difficult to get hospital to answer you and sign off on your contract and many times has to go through legal review.
@josbar28354 ай бұрын
I was starting up my LLC based upon this Nomad Nurse video and I saw this info on the nursing site Bluepipes. It states RNs working in hospitals typically will not meet the IRS definition of an independent contractor, so we cannot exclude the travel nurse agency after all: __________________________________________________________ Do travel nurses qualify as independent contractors? According to the IRS: The general rule is that an individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done. The main focus here should be on the part of this statement that says, “payer has the right to control only the result of the work…” Note the emphasis added on “only.” Free: Universal Job Application and Credential Management for travelers. The IRS also states the following: You are not an independent contractor if you perform services that can be controlled by an employer (what will be done and how it will be done). This applies even if you are given freedom of action. What matters is that the employer has the legal right to control the details of how the services are performed. In the case of nurses and the vast majority of allied health workers much more than just the outcomes of work are controlled by the contracted facility. For example, in the case of travel nurses, the hospital will determine the hours worked as well as break times. The nurse will be using supplies and equipment belonging to the hospital. In addition, there are managers and doctors at the hospital who are supervising the nurse’s work. Moreover, nurses must seek the permission of a physician for decisions outside the nurse’s scope of practice which is a frequent occurrence. Unfortunately, these factors, taken a a whole, will disqualify someone as an independent contractor. __________________________________________________________ Let me know what your experience was. Thanks
@JohnSimons03143 жыл бұрын
I've been trying to do this but most hospitals have exclusive contracts with the MSP's and vendors and you will get road blocked when trying to do this. From what I'm gathering is that this mostly works in smaller rural hospitals that are not part of large corporate hospital systems.
@just_shaeee3 жыл бұрын
I live in the South. It’s the same with smaller hospitals and rural areas. That’s the part that isn’t being told.
@daw77732 жыл бұрын
Yes, large hospitals(+400 beds) hire agency nurses for emergent staffing shortages and they expect the agency recruit, check employment requirements(e.g. license, background check). Also, there is a "liability " issue that an agency is "qualified" to operate in the state as a registered nurse agency.
@kokidchaz47902 жыл бұрын
@@just_shaeee so there is no way, damn if we could we would all be rich lol
@joulibrown91743 жыл бұрын
A lot of nurses and CNAs are leaving hospitals n LTC over the forced vax. So, either nursing shortage will continue to get worse, healthcare facilities will have to raise the pay to super high hourly rate or more nurses will start their own business to escape the madness. Great video.
@CyberScott862 жыл бұрын
it will happen to all of these. Everything you said will happen, not one or the other.
@onwednesdayswewearpink27612 жыл бұрын
fortunately they are backing down from that nonsense
@terrigallagher59982 жыл бұрын
so thankful I found this-your experience calling the NM and interviewing, etc, was my experience as well. I have been my own best advocate, reaching out and establishing relationships that my agency/recruiter avoided. Looking forward to learning the details of taking this next step toward Independent Contracting!
@JeffFallout4 жыл бұрын
Yoooo this is crazy! I'm gonna give this a try for sure thanks for the info!
@fdrisgreat5 ай бұрын
It was a very informative video about the bill rates from a travel nurse perspective. I never thought in a million years, you could work independently as a LLC. Most travel nurse companies that I worked in the past were pretty good with the compensation packages. I talked about other travel nurses about trying to get a greater percentage getting a greater percentage of my hourly wage.
@drueberry4 жыл бұрын
Incredibly informative. Thanks Crosby! Will be watching these videos as long as you want to keep making them.
@CUPOFNURSES2 жыл бұрын
Solid video! Travel nursing was the best career decision we have one. The flexeilibty in your schedule is the #1 reason to be a travel nurse, not to mention unlimited vacation time.
@sarahchandler6953 жыл бұрын
Glad I came across this tonight after spending virtually all day with 4 different recruiters by phone and email. I've been quite disheartened after the long winded pay breakdowns and travel packages, and the worst is always saved for last: the stipend. After a while it all started sounding like a car dealership or worse.. pimping. That's how it is feeling to me. I keep turning down these assignments because one glaring aspect of it is just wrong that cancels out all the good.
@MakingMemories01153 жыл бұрын
Hey, I’m a brand new nurse and travel nursing is definitely something I’ll consider later on. Thank you for the advice and keep bringing these awesome videos. New Subscriber!
@nicholaselder1304 жыл бұрын
Just started my travel career in the ER over the last few months. Will definitely be looking into this more. Thanks for the great info! Subscribed and looking forward to more videos.
@kokidchaz47902 жыл бұрын
you getting paid more than 150k?
@Katherine_Ann2 жыл бұрын
I've been travel nursing for 5 months and I don't think I'll ever go back! Great video!
@kokidchaz47902 жыл бұрын
dont they pay alot?
@olwethuzihlwele37413 жыл бұрын
Protect this man at all cost! Showing live all the way from South Africa ❤️
@amdistant55473 жыл бұрын
This video is how I've been thinking every time I get a contract. I'm doing a nightshift while the agency people are in bed and they're parasites to my skills and mugging me legally. That said, it's not as easy as this video makes out to start a staffing company. There's a lot of massive companies that have got firm grips on a lot of facilities so it's hard to breakthrough unless you have friends who are in HR or directors of departments etc. Just my two pennies worth.
@kokidchaz47902 жыл бұрын
dont traveling nurses make like 170k overtime pay?
@amdistant55472 жыл бұрын
@@kokidchaz4790 Regular doctors pre-pandemic made that a year so no 99% of the nurses don't make that as overtime pay.
@theguy15583 жыл бұрын
Awesome video man, I'm a new grad about to get my first nursing job. Definitely keeping this in mind for the future
@whyswon2 жыл бұрын
This video is misleading. It fails to disclose that the 25%-35% agency piece of the pie is gross profit, not net profit. Out of that piece, an agency has fixed and variable costs that whittle that piece down substantially: office space, liability insurance, workman's comp, payroll taxes, labor costs, supplies, education and training, background checks and drug screens, physicals, vaccinations, etc. etc. etc. The biggest lie told, ad nauseum, about staffing and travel nurse agencies is that they don't do any work and that they make "all" they money. Nothing could be further from the truth. Also, more and more hospitals are moving to MSP's to manage their labor needs - yes, even rural ones. You will be hard pressed to find a hospital you can just walk in to and get a contract as an independent nurse contractor. Their exclusive MSP contracts prevent such a thing from happening. I'm not saying it can't be done. I'm saying it's not as easy as this video makes it sound.
@mother1373 жыл бұрын
Your right. I am so pisssed!!
@jwrn4u4 жыл бұрын
If you start your LLC in New Mexico The name of the owner of the LLC is not published so no-one need know that you are working for your own company
@jaywana13 жыл бұрын
Do you have to live there in New Mexico to start a business there
@alexrayburn38644 жыл бұрын
Love your videos man, informative and great for current nursing students like me! Keep it up :)
@MrEllinahs3 жыл бұрын
You’re a real Gem ! Thanks for all you do !
@ladyofwinterfel81434 жыл бұрын
hi i would like to learn more about how to establish an LLC.... AND what is the accountability isn't that scary??? when there is a law suit
@GinEric843 жыл бұрын
Then you definitely want to talk to a business attorney
@jnice69522 жыл бұрын
@@GinEric84 you don't want to waste your money you can start it from your state treasury website
@alyssaworklightbourn90593 жыл бұрын
How do you get short-term (13- or 26-week) apartment housing in areas where they want 6-9 month minimum leases, not to mention pay for so many down-payments for that housing and down-payments for utilities companies when moving from city to city while doing those travel nurse assignments under your own individual LLC?
@joulibrown91743 жыл бұрын
I've heard we must use our word of mouth skills. Try to find places that work with travel nurses b4, rent a room via Facebook market place, convert a van to live out of until you meet your financial goals, find a roommate etc. You just have to be creative and know it is not impossible. Good Luck :)
@alexharrison11152 жыл бұрын
Air Bnb
@steppaboss2 жыл бұрын
Its the same as renting an apartment or a room in a house No different. There are mid term 3 months rental?😉 Lots of nurses do extend to 6-9mths if they like the hospital.
@msdelicious014 жыл бұрын
Crosby!!!! Great info buddy! Im seriously lookkng into this. Please show us a walk thru of this process❤❤❤
@NursingOurTravelBug4 жыл бұрын
Enjoying our travel nurse journey. Thanks for making this.
@ryanjones-mk8rs4 жыл бұрын
I asked you a question about a month ago re. cutting out the middle man (agency) so your last 2 videos were very informative! My wife will probably still go through an agency for her first couple assignments just to get a feel for traveling, but this looks to be a viable option. 401k is easy enough to substitute with an IRA, but health insurance might be a bit headache...should be worth it though. Appreciate the info!
@TILLEYJS4 жыл бұрын
Insurance shouldn't be a headache at all. Obamacare is easy to navigate. I've used before.
@whyswon2 жыл бұрын
Just fyi: it's not as easy as this video makes it sound. Many hospitals are moving to MSP's to handle their labor needs. You will be hard pressed to find a hospital you can just walk in to as an independent nurse contractor and get an assignment.
@mirandaf16984 жыл бұрын
Is there a way to set this up so that you can negotiate your pay for a non-travel nursing position? I would ultimately like to relocate out of state, likely to a more rural area, but would be looking to spend at least a year or two in that position, so something more permanent. (Just speaking generally, no specific plans at the moment)
@swaglive48562 жыл бұрын
Thanks for the info. Actually was trying to get answers
@twill67223 жыл бұрын
This may not be entirely true.....The vendor/company payments apply if there is a managed service provider agreement (vendor).
@kiaharper71722 жыл бұрын
Ha! Lol yes I LOVE when I text a recruiter to see if there are any new contracts and they tell me to go to the website 🙃 BaeBAE! I'm not about to do your job for you.
@MsVMirka4 жыл бұрын
Why did you leave American Mobile?
@andreeahoudini59083 жыл бұрын
What if the company initially found the hospital but you make the call to the hospital to go back at a later date?
@trevamcdaniel39194 жыл бұрын
You intrigue me with your information. I will be watching more videos. Sincerely Thank you
@cmle12252 жыл бұрын
This was very helpful. Thanks so much.
@carmellascoffee42813 жыл бұрын
Thank you so much for sharing !!!!
@jinjintiger4 жыл бұрын
Very informative!
@mananajar1874 Жыл бұрын
Great video, thanks.
@adriennemuhammad28073 жыл бұрын
Interesting information! What about travel professional Live-In Cnas?
@Jules-fr5gm2 жыл бұрын
All you have to do is call the hospital, get the right connection and get access to their contracts🤦🏻♀️
@naturallyray36462 жыл бұрын
Sounds good but how much do we have to owe the IRS??
@Elitus18 ай бұрын
Hey there. this is old post. I'm actually talking to business attorneys, in the process of forming my own travel agency. I can't come up with a good neme though
@Lexiibtheone Жыл бұрын
So grateful for you
@Astronomical14 жыл бұрын
I wanna know what questions to ask the recruiter and if you can get more of the bill rate from a travel company
@CrosbyTheNomadNurse4 жыл бұрын
It may be worth trying. I’ve never had success that way.
@Astronomical14 жыл бұрын
@@CrosbyTheNomadNurse did you ever make video about interview questions to ask a travel company
@123kekerox4 жыл бұрын
Are there dialysis traveling nurses ..I really want to do traveling nursing after 2 yes but I was wondering if there is a such thing (as travel dialysis nurses)
@CrosbyTheNomadNurse4 жыл бұрын
Yes there is!
@detoxlady67774 жыл бұрын
I'm glad I found your video.
@sgmooijRN2 жыл бұрын
So how do you address the nursing manager and the HR as an independent contractor and not as an employee?
@Lmt1wp Жыл бұрын
@@kerrydavis6466 wouldn’t you actually make less if you get taxed on your pay from the entire bill rate as opposed to the tax free advantage of your LLC giving you tax free compensation for lodging and food?
@djcameron9149 Жыл бұрын
I have a question, is there any non-compete or where you can't work there for twelve months, that recruiters are put into the contract? Have you ever heard about this? Thank you for your great videos!
@Zara_Luna4 жыл бұрын
I shared your last video in my facebook group. Keep up the great work. YOU ARE AMAZING!! Thank you for sharing this information. This should be taught in nursing school. I am so glad that you are challenging us to be entrepreneurs.. I'm not a RN yet. Im a LVN. Can i email you still to be added? I really want to learn. thank you
@@CrosbyTheNomadNurse Could this also apply to nurse practitioners then?
@kokidchaz47902 жыл бұрын
so if i live in Oklahoma and go to California for traveling nurse, do they take taxes based on Oklahoma or California for my 1099?
@emeraldkimble76022 жыл бұрын
Can one private duty pay for travel duty?
@tracydeniser.n.14322 жыл бұрын
Say if you have your ein..website and inc..do I just call the places that I'm interested in with out recruiter it definitely doesn't make sense for a recruiter to be paid so much for doing ntg. Well things I can do..
@wandernurseglinton96554 жыл бұрын
Great information! I definitely want to make my own LLC. My recruiter doesn’t do anything for me. I find my own job and he just submits my profile. He’s really useless.🤦♀️
@feleciabarnes62512 жыл бұрын
Who do you contact to find out a hospital’s bill rate (I heard you say HR…is that the only source?) and does is the rate usually the same throughout roles or vary based on areas of specialty?
@alexandroservin23264 жыл бұрын
I am barely starting nursing and would would to be apart of this process!!! How do I start?
@myststyque3 жыл бұрын
New Subscriber! Thank youuuuuu for this!!!! I would definitely pay for services as a consultant for how you help us out...you should get a Patreon too...and just be able to tell the even raw details of what hospitals you been too, etc...
@kristania4113 жыл бұрын
Awesome! Just sent you an email. Looking forward to hear from you. Thank you for the info!
@makella31494 жыл бұрын
Thanks so much for this video. I am in a middle of getting a contract with a company and the whole pay rate ... I am just thinking why can I not do this myself..
@k0rpx6933 жыл бұрын
what are the cons to starting your own travel company and how does it work at tax time?
@thetruthsayer83473 жыл бұрын
The only con is that you will be doing a lot more work. You should come out on top during tax times because you are business now and will be having a lot more tax write off
@cayenneorchid4 жыл бұрын
Great advice
@declanodonoghue4684 жыл бұрын
Great video, really interesting
@shanelopez75062 жыл бұрын
How do I get an LLC?
@Rugtalk12 жыл бұрын
Do you charge a contingency fee upfront? If so what percentage?
@thisgustin4 жыл бұрын
Hey TNN or anyone, what's basically the difference between the company and vendor in terms of their job/purpose with the travel nurse?
@CrosbyTheNomadNurse4 жыл бұрын
The vendor has multiple hospitals that they are aligned with and travel nurse companies typically pay a vendor for access. Allows hospitals to use one system for billing different travel companies etc. BUT many hospitals don’t use a vendor at all
@jorgelopezmoney51394 жыл бұрын
The Nomad Nurse example the vendor for Kaiser hospitals in California is AMN ! Is that correct?
@jordankelly88114 жыл бұрын
How much does insurance take out of your gross pay? Is liability a big concern?
@CrosbyTheNomadNurse4 жыл бұрын
It’s up to you get your own health insurance. Your NSO Insurance covers your nurisng liabilitiy it’s like $30 a year
@SSChevy20044 жыл бұрын
Hey Nomad Nurse, how about us poor peeps that are just finished our BSN degree (new grad)? Is there a route to grow into this or will I have to still get a few years experience in a hospital?
@CrosbyTheNomadNurse4 жыл бұрын
You could absolutely do it.
@aaronlingenfelter85272 жыл бұрын
Is this worth it vs working for a travel company and having insurance and retirement?
@nicolenicole7844 жыл бұрын
Yes I need you to help me with this
@cinnamon32203 жыл бұрын
You rock!!
@jwrn4u4 жыл бұрын
Extremely important information for any RN to see, !!!!! please discuss the topic of workman's comp, billing the fac and facilities payment delays and uncertainty
@jwrn4u4 жыл бұрын
Also the topic of circumventing vendor management fks,
@mjay23zepeto404 жыл бұрын
When you start your own company, do you pay for flights and housing for yourself ?
@DavidPeacockRN4 жыл бұрын
Yes. Of course. There is no one else at that point getting paid for you but you.
@DavidPeacockRN4 жыл бұрын
I set it up like this in 2013
@kerrydavis6466 Жыл бұрын
this is managed into your offer to the hospital. set a base rate of what you need, and then factor in $/hr what it costs in the local community to get housing. Furnished finders only works with travel agencies to get a reduced cost so be prepared to pay much extra in order to find suitable housing in the area. some regions this may be impossible to find.
@sungreenshinebright85534 ай бұрын
Thank you
@MrYodi20074 жыл бұрын
Could you find me a Travel Inpatient Rehab job? I'm FIM certified and want to get my CRRN certification. I live in Valdosta, GA.
@sheilakegebein20703 жыл бұрын
This is great info. Just starting out traveling
@kokidchaz47902 жыл бұрын
traveling nurse is 1099 correct?
@Milla2413 жыл бұрын
Tbh travel nurse rate wayyy better compare to hospital pay. Of course many nurse are leaving the hospital
@mychannelnotyours2 жыл бұрын
Who are those middlemen?
@mychannelnotyours2 жыл бұрын
I’m a nurse but I think I’ll find out how to be a middlemen.I don’t want to be a Nurse anymore.
@Darnkeyd4 жыл бұрын
Thank you for always providing valuable content! Can any nursing professional do this? Do you have to have a graduate degree???
@CrosbyTheNomadNurse4 жыл бұрын
Any nurse LPN, RN , respiratory therapists, physical therapists, can all do it
@mike5691123 жыл бұрын
Wicked.
@mac64483 жыл бұрын
Tyyyyyyyyyyyyyyyy...oh wow...
@People_R_Foolish4 жыл бұрын
You are leaving out a lot of expenses with you own company. There is malpractice insurance, business liability insurance, health insurance, no paid time off, no sick pay, no benefits at all, as a single owner LLC, you do all the work yourself. You haves to still pay rent, food, travel. And as the nursing shortage isn't as bad as it was in the 80's and 90's, there are fewer and fewer travel jobs. Many hospitals with not use travel nurses at all. When I traveled, I was paid higher than the area market, my rent was included in my contract, I received paid vacation time, paid sick days, health insurance was included, utilities were included regarding my apartment, they paid for the rental furniture. I traveled with my dog and they paid the pet deposit as well. So there is so much you are leaving out.
@jorgelopezmoney51394 жыл бұрын
That’s why some people never become their boss scare !! Think if you do all of that with 60% of the bill rate that is what you get ! Imagine getting 90% of the bill rate malpractice insurance I very cheap !! And the benefits that you have in deduct tax with your own LLC in not brain 🧠!! Also if you want to win in life taking risk is part of the deal !!