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New Association Brings Business Knowledge to Nurses
INA helps nurses learn the business of nursing to take advantage of independent contracting and offers other services that improve thei lives.
The organization has developed a strong line of services and products that allow a nurse to obtain all the information, licensing, insurance and education to pursue an independent role. INA is also offering to collaborate with other nursing organizations to assist them in developing a program to help their members become independent contractors.
“INA provides programs for nurses to evaluate their worth and use that knowledge to their advantage,” says Nick Strecker, executive director of INA. “Many nurses want to operate independently and our “Business of Nursing” program can provide them the resources and knowledge to do so.”
Resources that are available through the “Business of Nursing” program include development of a professional portfolio that includes licenses, background checks and insurance policies, providing assistance in marketing, contracts and finances, continuing education on how to be self-employed, and a billing operation that provides advance payment for nurses as contract shifts are worked.
“In the past, many nurses have remained out of the market or have struggled with being a full-time employee because they did not have the expertise to be an independent contractor, and some found it financially difficult because of the large fees paid to agencies,” Strecker notes. “INA has substantially reduced the cost of being an independent contractor and is making it affordable for nurses to control their career through the Business of Nursing services.”
Services that are available to INA members, as well as to other nursing organizations, include:
Professional Portfolio Management: Development of a professional portfolio needed to obtain a position in a facility. This includes licenses, background checks, insurance policies (professional liability and individual health and disability policies), workers compensation coverage, etc.
“INA makes sure when an independent nurse enters a facility, they have the required items to contract themselves to positions for which they are qualified,” Strecker says.
Marketing Management: INA assists nurses in evaluating what opportunities exist in the health care area. This includes the ability to develop a relationship between the nurse and healthcare facilities.
Financial Portfolio Management: INA bills the facility in the name of the nurse. It can then place the withholdings for self-employment tax, social security tax, personal income taxes (if desired), health insurance, self employed pension plan, etc.
Continuing Education Requirements:
INA points out that nurses working as independent contractors could see a substantial financial gain from eliminating the typical nursing agency and its fees. INA only requires a minimal fee -- 10% -- for its services, which is a substantial reduction from a nursing agency.
“In addition, as an independent contractor, a nurse would be able to deduct from taxes many expenses they cannot deduct as an employee of an agency or a healthcare facility,” Strecker says. These deductions could include travel expenses, association fees, malpractice insurance, continuing education and the INA management fee.
Strecker points out that there are many exceptional organizations representing the nations more than 3 million nurses. Many have strong career development programs for the profession, but most are aimed at full time staff nurses. INA is offering to collaborate with nursing organizations to assist them to develop a program that will enhance the services for self-employed nurses.
“We are finding significant interest in the nursing profession and we want to share our expertise with our sister organizations,”
For additional information about INA and services for independent contractors, see www.independentnurses.org or contact Nick Strecker at 913-905-9243.
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The Independent Nurses Association improves the healthcare industry and the quality of nurses' lives. INA is dedicated to assisting both LPNs and RNs in furthering their professional careers. INA asks nurses what they want and then provides it for them.