Nurse Entrepreneur runs PRN Funding article series: How nurse staffing agencies can get paid quicker

President of PRN Funding, Phil Cohen has a three-part series: How Nurse Staffing Agencies Can get Paid Quicker that was published on the Nurse Entrepreneur Web site.  In the articles, Cohen discusses techniques for temporary medical staffing companies to use in order to get hospitals, nursing home and other healthcare facilities to pay them faster.

Watch the video for Part One of How Nurse Staffing Agencies Can Get Paid Quicker video here:

Or click here to read part one of the series, which goes into detail about the steps a nurse staffing business owner should take before accepting a new client.

Watch the video for Part Two of How Nurse Staffing Agencies Can Get Paid Quicker video here:

Or click here to read part two of the series, which speaks to health care staffing business owners about the importance of sending out invoices on time with the correct information on them.

Watch the video for Part Three of How Nurse Staffing Agencies Can Get Paid Quicker video here:

Or click to read part three of the series, which tells how medical staffing business owners need to handle their collections in order to get paid faster.

Free Online Business Courses from BusinessWeek

Time is extremely important to any business owner.  This statement is especially true for nurse staffing business owners, medical transcription service owners (MTSOs), medical coding entrepreneurs and medical supply company owners.

Luckily, BusinessWeek has designed a multitude of free online courses for fellow business people to learn about the latest trends in networking, motivating, selling, etc.  If you’re a BusinessWeek subscriber, we highly recommend taking advantage of what this powerhouse has to offer its members.

Click here to see a full list of BusinessWeek’s Free Online Courses.

New Trends in Outsourcing

Temporary nurse staffing, medical transcription, medical coding, even locum tenens–All of these kinds of companies come to mind when you think of outsourcing in the medical world. But what if I told you there was a new form of outsourcing that involves direct patient care?

According to a post in the Advance Perspective blog, Offshore Outsourcing: Is Your Critical Care Next?, there are already three Swedish Medical Center hospitals located in Seattle using this “telemedicine” to monitor patients in ICU.

The blog goes on to explain this eICU in more detail:

“According to the company, an eICU center is staffed with an intensivist-led care team that can monitor and care for hundreds of patients at the same time. Likened to an air traffic controller, the monitoring physicians use software alerts to track patient vital trends and intervene earlier-before complications occur. The care team has audio, visual and data connections to the patients and their rooms. If they see a problem developing, they can speak directly with the patient’s hands-on caregiver.”

Q: Do you think this is the next big thing in outsourcing?

Wilson Cole Shares The Secret to Successful Collections

In the world of medical vendors who service hospitals and nursing homes, collecting on invoices can sometimes be a bothersome task.  Some business owners will tell you that having a client who routinely pays within 30 days is actually a good thing when you consider the fact that it’s normal for some healthcare facilities to stretch out their payables to net-60 or net-90.  (Click here if you would like to read why hospitals and nursing homes have a hard time paying their vendors.)


Wilson Cole, founder of Adams, Evans & Ross (AER) collections agency, wrote an article in Recruiting & Staffing Solutions Magazine (RSSM) which discusses the warning signs oft a company who is about to close its doors.


Click here to read Cole’s article: The Secret to Successful Collection and learn about the four stages a company typically goes through before it closes its doors for good.

You are not on the preferred vendor list: 5 ways to earn their business anyway

Scott Wintrip, Founder and President of StaffingU, contributed an article to the July 31 issue of Net-Temps InFocus Recruiter News Newsletter giving advice on how nurse staffing firms can respond to the inevitable phrase, “You’re not on our list” when calling on new prospects.  Excerpts of the article, “You’re not on the list! Five strategies to earn their business anyway” are written below:

How many times have you heard, “We can’t use your services because you’re not on our preferred vendor list?” Whether you are a small independent firm or part of a larger organization, it is inevitable that you will not be on someone’s list at some time.


The growth of our industry and the resulting number of account managers and recruiters calling on prospects is one reason for the growing popularity of the preferred vendor list. In polling companies that use staffing services, most indicate that it is not unusual to receive ten or more calls a day from different firms. Frank, a hiring manager in Jacksonville, Florida, counted 54 sales calls from staffing companies on a particularly busy day last year.


It is still possible to do business with a company even when you are not a preferred vendor. During my tenure selling staffing and recruiting services, I lost track of how many times I was told we were not on the list. The good news is, I did business each year with at least a dozen or more of these same prospects using the strategies outlined in this article.

In addition to using these ideas to earn their business, you may just find that you like not being on the list. Carla, a staffing professional from Tennessee, found this to be true. “Being on a preferred vendor list comes with a price. Typically you have to lower your price to be on the list. Yet, most often you have to work harder to meet the expectations of these clients to maintain your spot. By not being on the list, I can be there when the others can’t get it done. I get to charge full margin and deal with fewer hassles!”


Used individually or in combination, here are five ideas that may just earn you a company’s business even when you’re not on the list:


1. Spot buys and purchase orders

If ABC company needs a certain type of paper, and their preferred office supply vendors do not have it, do they go without? Of course not. They find another provider who can fill that need.


Carla indicates that this is her number one technique. “I simply ask them a question like, ‘What if we handled this as a one-time spot buy or use a purchase order?’ You’d be amazed at how many hiring managers have been struggling to get something filled and did not think of that one.”


2. Have exactly who they need

A little research goes a long way. On a number of occasions, I kept tabs on how long it was taking the “preferred vendors” to fill positions at a company. How? Both newspaper ads and Internet job postings gave me the insights I needed as to how those vendors were performing.


After a week or two of a position going unfilled, I simply had to pick up the phone and skill-market a candidate who fit the bill. Did it always work? No. However, it was not unusual to get a return call within an hour from the hiring manger who needed that position filled yesterday.


3. Find who’s feeling the most pain

All too often it’s human resources, vendor relations, or a similar department shutting the “you’re not on the list” door. Finding and going right to the manager that needs that person and needs them now can be the key that unlocks the door. If a spot buy or one-time purchase order is going to happen, then it’s typically the person feeling the most pain that will pave the way.

4. Keep showing up
One of the best success stories about lists is Greg. Greg was Mr. Persistence on the sales team I managed. When Greg decided that he was going to break into an account, there was no getting in his way.


At least a few times a month, he would come into my office and say something like, “XYZ Company, 17.” He’d then smile, turn around, and walk back out. What this meant was that after his 17th call to XYZ Company, he landed his first deal, even though we weren’t on their list.


What was Greg’s secret? He knew that if he showed up enough times, chances were the company would have a need that they were struggling to fill.


5. Let it go

My favorite definition is of the word insanity: Doing something over and over again and expecting different results. If you’ve called on a company dozens of times and gotten nowhere, it’s probably time to do something different. Letting go is one option.


Letting go is not a permanent condition. By doing so, you are simply acknowledging that the timing is not quite right for doing business with a company, for now. Your job is to keep tabs on them through networking and research for any changes in your favor. These include a new hiring manager joining the company, a large project being implemented, or any other factors that could produce a strong need for your services.


An additional benefit of letting go is what you gain. Since there are only two types of companies, clients and candidate sources, you’ve now gained a great place to network for quality talent.


So next time you hear those magic words, “You’re not on the list,” remember your options. You can take those words at face value or decide that you will earn their business and do so in a way that works well for you!


-Scott Wintrip



Scott Wintrip, PCC (scottw@StaffingU.net) is Founder and President of StaffingU, the leader in providing relationship-building techniques guaranteed to grow your business. For information on StaffingU’s programs and services, including TeleClasses (live telephone-based classes), Virtual StaffingU (web-based courses), individual and group coaching, on-site training and speaking, and consulting visit www.StaffingU.net or call 866-SU-WORKS (789-6757).

Net-Temps: Three Questions for Every New Client

This brief article was featured in the August 7 Net-Temps: Infocus Recruiter News. We thought the Three Questions for Every New Client would be interesting to our readers:


The client called me and said he wanted me to fill a position in his firm. “Hey, cool,” I thought to myself. “This business really works.” I tried not to sound like a babbling idiot and attempted to shield my excitement so I came across like these types of calls happen to me all the time. When you do get this type of call, it’s important to quickly and smoothly bring that call to the next step: taking the search assignment and confirming the fee.


But before you can make that transition, you need to keep your composure. How do you respond when you get this sort of call, or when a client you are talking with about other candidates tells you, “We’re not looking for someone like that, but we are looking for a . . .” When the client tells you that, yes, they have a search, and yes, they want to give it to you, make these three questions your ‘automatic response’ so that you keep your cool and keep that warm relationship moving forward.


This is how you respond. “Bob, that’s great. I’m glad you would think of me to tell me about the search. Let me ask you three questions. . .”


What steps have you taken to fill the position?
This question determines whether or not you are wasting your time or investing it wisely. Did they give the search to fifteen other firms and post it on Monster? Or did it just come open yesterday? I remember spending three weeks recruiting on a search and wondering why the client never returned my phone calls when I had candidates to present. I finally figured out that he had given the search to about seven other firms. Each call I made to candidates for the position was almost a total waste of my time. Once you spend your time in an area that fails to yield fruit, you will never get it back. It is gone forever. Think strategically when you spend your time and you will increase the likelihood of getting a return. This one little question can save you three or four weeks of agony and bitterness.

What are the events that led up to the position being open?
Have they cycled through four managers this year in that position? If so, there could be a leadership issue up the food chain that you don’t want to have result in a problem search for you. I’ll never forget a search I took for the worst company in the world, one with rumored ties to the Russian mafia. Every candidate I spoke with about the job responded with a mix between a chuckle and a groan when I told them who it was. It was no wonder that the three people I placed there lasted no more than a year. If I had asked this question and probed a little further, I would have avoided the misery of having this client’s bad management problems become my frustration.


What is the criteria of a search firm that you would want to partner with?
The first time I ever heard this question was at a Gene Rice and Jeff Cohen seminar. It was probably the turning point for me on my desk when I learned to find out why the client would buy, and sell to that. This is like getting the answers to the test. You are finding out from your prospective client what is important to them in choosing a search firm, and you just sort of go down the list when you tell them about yourself.


This business is tough enough. Don’t risk those precious few search leads by not preparing to sound like a professional. To help you integrate these questions into your desk, practice using a role play with your peers in your office at your next meeting. Just like in sports, you always perform the way you practice. If you follow these three questions when dealing with new clients, you’ll always sound like a professional and always get the business.

-Scott Love


Copyright © 2007 Scott T. Love

Scott Love improves the performance of recruiters and the margins of search firms. His recruiter training site, www.recruitingmastery.com, has become one of the internet’s largest free training resources for the search and staffing industry.