How to Charge for Nurse Consultant Services?
- 1). Evaluate the rates for other nurse consultants in your area. Find out other nurses' rates by contacting professional nursing organizations, hospitals, clinics and law firms that employ nurse consultants.
- 2). Consider your level of education. You will be able to charge higher fees if you have a master's degree or additional credentials in business, law or medical administration.
- 3). Base your charges on your level of expertise. Consider how many times you have worked as a nurse consultant, prepared reports as an independent contractor or served as an expert witness.
- 4). Vary your rates based on the complexity of the work you are performing. You may wish to charge a higher rate for highly technical projects or ones that require extensive outside research.
- 5). Determine whether you want to charge an hourly rate or flat fee. Some nurse consultants give their clients both options, offering flat-fee services for long-term projects and hourly rates for tasks such as court appearances, research and open-ended document reviews.
- 6). Include your out-of-pocket expenses. Lists all of your expenses related to consulting, such as costs for photocopying, mileage to meet with clients, long-distance telephone calls, and notary public fees.
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