Medical Clinic Companies - Employee Leasing Solutions, PEO and Worker's Compensation Insurance Coverage
PEO programs for Medical Clinic companies
Medical Clinic Employee Leasing quotes
StaffMarket has PEO and employee leasing programs available for Medical Clinic companies across the United States. Over 10,000 companies have engaged StaffMarket to provide single point access to the entire Professional Employer Organization (Peo) industry.
Like many companies, Medical Clinic business owners and managers have discovered that as their business grows, the administrative aspects require more and more time. Eventually the company needs to hire additional administrative staff or outsource those tasks to a third party. As the regulatory and legal environment for business gets more complicated many companies have hired a PEO or employee leasing company to handle those non-revenue producing activities that do not enhance the Medical Clinic company's bottom line.
What can a PEO do for your company?
Payroll Administration
While many payroll services options are available for Medical Clinic companies, a professional employer organization (PEO) will take it one step further. In addition handling all payroll calculations for wages, taxes and benefits deductions, a PEO will also directly remit amounts due to the taxing authorities (state and federal) and also provide all insurance premiums to the carrier. Your company avoids the risk of fines for late payments. A PEO will ensure that your Medical Clinic company employees get advantageous tax treatment (section 125) so that any deductions for health insurance get deducted prior to tax calculations. Learn more about PEO payroll services.
Work Comp Insurance Coverage
If your Medical Clinic company is located in any state except Texas, workers’ compensation insurance coverage is mandated by your state government. Companies operating without a policy to cover employees risk significant fines and personal liability for on the job injuries. When you hire a PEO, their work comp policy provides the coverage for your employees. A PEO will also work to establish a safety program for your Medical Clinic company and ensure that all claims are managed. Work comp insurance can be a significant for many business and PEOs can often offer a significant savings. Learn more about PEO workers' compensation insurance.
Health Insurance and Benefits
As the cost for health insurance has spiraled in the last few years, PEOs have been at the forefront of the battle to constrain costs for Medical Clinic companies and other small (and mid-sized) employers. If your company wants to offer your employees access to an array of benefits provided by the nation’s best insurance carriers, you need to investigate employee leasing with a PEO. Learn more about PEO Health Insurance and Employee Benefits.
HR Support
Using a PEO can help administrate your Medical Clinic company workforce. PEOs offer a full suite of HR related services that ensure your company is following the best practices available for your workers. The HR area can be a mine field of risks for the managers with out formal HR training or on-call expertise. Learn more about PEO HR Administration.
Medical Clinic - PEO and Employee Leasing Considerations
Hiring a Medical Clinic PEO or a company that provides Medical Clinic employee leasing services can be a smart move for your business. Let StaffMarket help your Medical Clinic company review all of the PEO alternatives available in marketplace and find the best fit for you.
To discuss the viability of a
Medical Clinic PEO or
Medical Clinic employee leasing services, contact StaffMarket for free quotes and consultation.
Note: HR Outsourcing services are available as a Professional Employer Organization (PEO)
or by providing HR administrative services as an Administrative Services Organization (ASO). Contact
StaffMarket for assistance with the
HR Outsourcing types and options available and to get
Medical Clinic Employee leasing quotes for your company.
How many PEO and Employee Leasing companies can service your Medical Clinic company?
StaffMarket’s national database of Professional Employer Organization - PEO capabilities contains information about the types of companies that can provide workers’ compensation insurance for Medical Clinic companies and associated SIC codes - Standard Industrial Classification.
StaffMarket’s counts of PEO companies covering these related business types:
| SIC Code | Industry Description | StaffMarket PEO Count |
| 7629 | Electrical Measuring Instrument Repair and Calibration, Medical Equipment Repair, Electrical | 207 solutions available ** |
| 7699 | Dental Instrument Repair, Laboratory Instrument Repair, Medical Equipment and Other Electronic and Precision Equipment Repair, Except Typewriters | 196 solutions available ** |
| 8011 | HMO Medical Centers | 203 solutions available ** |
| 8062 | General Medical and Surgical Hospitals | 204 solutions available ** |
| 8071 | Medical Laboratories | 204 solutions available ** |
| 8071 | Medical Laboratories, Except Diagnostic Imaging Centers | 204 solutions available ** |
| 8099 | Medical artists | 207 solutions available ** |
| 8099 | Medical Photography | 207 solutions available ** |
| 6324 | Hospital and Medical Service Plans | 210 solutions available ** |
| 6324 | Health and Medical Insurers, Direct | 210 solutions available ** |
| 6324 | Reinsurance Carriers, Health and Medical | 210 solutions available ** |
| 7352 | Medical Equipment Rental and Leasing | 208 solutions available ** |
| 7352 | Medical Machinery Rental and Leasing | 208 solutions available ** |
| 3829 | Medical Thermometers | 210 solutions available ** |
| 3829 | Except Medical Thermometers, Electronic Chronometers, and Motor Vehicle Gauges | 210 solutions available ** |
| 3841 | Surgical and Medical Instruments and Apparatus | 210 solutions available ** |
| 3845 | Electromedical and Electrotherapeutic Apparatus | 209 solutions available ** |
| 3845 | Other Electromedical and Electrotherapeutic Apparatus | 209 solutions available ** |
| 5047 | Medical, Dental, and Hospital Equipment and Supplies | 210 solutions available ** |
** All 50 states. The best PEO solutions will also depend on your operating state. Your StaffMarket
Request for PEO quotes will narrow this number to only solutions available in your area.
Estimated Federal Regulatory Costs per Employee:
PEOs offer some relief (in the form of assistance) from the regulatory burdens often faced by Medical Clinic companies.
According to a 2005 study provided by the Small Business Administration (See Page 13),
the regulatory burdens on small and medium sized business are:
Type of Regulation |
All Firms |
<20 Employees |
20-499 employees |
500+ employees |
| All Federal Regulations |
$5,633 |
$7,647 |
$5,411 |
$5,282 |
| Economic |
$2,567 |
$2,127 |
$2,372 |
$2,952 |
| Workplace |
$922 |
$920 |
$1,051 |
$841 |
| Environmental |
$1,249 |
$3,296 |
$1,040 |
$710 |
| Tax Compliance |
$894 |
$1,304 |
$948 |
$780 |
According to this SBA study, the regulatory costs for Workplace compliance and Tax compliance averages $2,000 per employee per year
for companies with less than 500 employees. PEO and employee leasing programs often cost less than half this amount.
PEO and employee leasing programs can help reduce federal regulatory costs to your
Medical Clinic
company or any other type of business.
In addition this table does not include any costs for State regulatory burdens (like state unemployment taxes or state imposed workers’ compensation insurance costs).
These costs are often significant amounts in addition to the amounts shown here.
Learn more about PEO and employee leasing cost savings.
Research Employee Leasing and PEO programs for other business types.
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