How to Set Billing Rates for a Nursing Agency

Check out our 2-hour webinar with @thenosagrp talking all about rates if you a more in-depth explanation on how to calculate them!
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In this video, we're going to talk about how to set your billing rates in your healthcare staffing agency. As the owner of an 8 figure agency, our CEO Karl Pierre has a simple rule of thumb that he uses, which is to charge at least 1.5 times the amount you're paying your employee. In this video, we'll explain why this is the case and cover some important factors to consider when setting your billing rates.
If you're new to the healthcare staffing business or want to learn more, we offer online courses and mentoring programs that are packed full of information and 26 years of experience. We'll also provide a link below to a 2-hour webinar that covers this topic in detail.
We also recommend checking out our previous video on how to calculate your pay rates, which is an important step to ensure you can accurately calculate your billing rates. Additionally, we'll cover how frequently facilities typically pay and provide further details about our online courses and mentoring programs. Don't miss out on this valuable information - be sure to hit that subscribe button and stay up to date with the latest in the highly lucrative healthcare staffing industry.

[@passiveworkforce]

Check out our 2-hour webinar with @thenosagrp talking all about rates if you a more in-depth explanation on how to calculate them!
www.passiveworkforce.com/pw-x-nosa

[@recruitemy]

00:00:00 - Setting Billing Rates for Your Agency
00:00:43 - The Importance of Subscribing
00:01:31 - Marking Up Services for Profitability
00:02:23 - Calculating the Cost and Profit of Payroll
00:03:10 - The importance of using rule of thumb numbers
00:03:51 - The Impact of Overtime Wages on Facilities
00:04:37 - Eliminating Competition for Pay Rates
00:05:22 - Funding Payroll for New Business Owners
00:06:13 - Accessible Payroll Gap Solutions
00:06:58 - Setting Your Billing Rates Properly

[@Karl__Pierre]

Awesome explanation If I would say so myself 😂😂😂

[@veronikaoquendo4064]

I would agree 💯

[@passiveworkforce]

Lol