« Is Credit Repair A Scam ? | Main | Guidelines For Buying Things After Bankruptcy Proceedings »
Investing In Medical Staffing Industry - Notes, Faq And Reviews
By admin | February 7, 2008
Investing is risky activity by its nature, plus add to the consideration the fact that US economy, as we write these lines in September 2007 maybe already in crisis or will face economic issues in 2008. When you think about investing into stocks, you probably want to be reassured that your decision is economically feasible and you will outperform the market. Well, medicine & healthcare is the industry where economical cycles have minimal if any effect – people have to go to their doctor or physician and get prescription drugs when required. Still, we believe that investing in Medicine and Healthcare is less risky than investment into Dow Jones or High Tech shares. When market slows down, the real cycle-independent stocks will play as expected and should outperform. Let’s concentrate on predictions:
1. Nurses shortage. Remember year 2001 when in California hospitals were desperate to get new nurses to be hired or close short term nursing contracts to be signed by nursing professionals. Similar trend should be probably attributable to all Sun Belt states: Texas, Alabama, Florida, Georgia, Louisiana, and others. If you think that nurses could be imported from India, Philippines, Mexico, then please think about US immigration policy and its restrictions – looks like we are resembling European countries who never really welcomed new immigrants
2. Medical Placement Criteria. Let’s abstract ourselves from investing and think about Healthcare Staffing corporation efficiency. It may sounds as a paradox, however the most important is not to get new customers, read hospitals, nursing homes, etc, but rather attract more certified nurses, doctors, and other healthcare professionals. This is why we are thinking that the challenge is at the US medical colleges and universities side – we are not really ready to accept all qualified nursing applicants and lead them to Medical certification and college degree. If colleges are out of space, we will have to relay on foreign nurses, but current administration immigration policies and working visas issuing mechanisms are leaving the place for substantial improvement
3. Placement system. As staffing and recruiting is the service, it should be very efficient and automated. Taking the assumption that the most important is to attract more nurses and medical professionals to register as the applicants: web based registration system is required. Placement system should be efficiently integrated with ERP system: applicants should be visible in ERP payroll module for quick and preferably “on demand” paycheck issuing. It is recommended to review proposed medical staffing company nurse registration and billing system and probably even get nurses opinion on how do they like this company in comparison to others.
Andrew Karasev is an independent technical writer for AudioStocks. Crdentia Corp. (CRDT.OB) http://www.crdentia.com 800.803.1777, is one of the nation’s leading providers of healthcare staffing services. Crdentia seeks to capitalize on an opportunity that currently exists in the healthcare industry by targeting the critical Nursing, Physician and Allied Health shortage issue. Crdentia has locations in the following states: Alabama: Birmingham, Arizona: Phoenix and Tucson, North Carolina: Charlotte, Texas: Dallas, Houston, San Antonio, Odessa, Lubbock, Temple, Austin. Author opinion is personal and may not coincide with the company official policy, author agrees with free press rules and article free republishing rights.
Related Posts
- Online Bill Pay
- Trade Stocks - Tips To Trade
- Medical Loans To Overcome Lack Of Proper Insurance Coverage
- Making Money With Stock Investing - The Strategy
- High Paid Surveys
Topics: Finance |