E19: Secrets to Managing Taxes and Credentialing for 1099 CRNAs with Andi Stamper

Andi Stamper

Today, we have an incredibly inspiring guest, Andi Stamper, joining us. Andi is a Certified Registered Nurse Anesthetist with an impressive journey that started as a licensed practical nurse and culminated in earning a Doctor of Nursing Practice from Duke University. Her story is indeed a testament to dedication, perseverance, and the continuous pursuit of excellence in the field of healthcare.

In this episode, Andi takes us on a journey through her dynamic career progression, candidly sharing the setbacks and triumphs she encountered along the way. Specifically, we explore her pivotal decision to become a 1099 contractor, delving into the myriad challenges and exciting opportunities that self-employment introduced. Andi also sheds light on her strategic choice to structure her practice as an LLC designated as an S corporation, a savvy move she made early in her career with the invaluable guidance of a trusted mentor.

Later in our conversation, Andi introduces us to her innovative side business, HealthShield Credentialing, a digital wallet for credentialing documents that she co-founded with Kiki Mattress (and if you haven’t already, be sure to check out episode 13 to hear Kiki’s story). Additionally, Andi reveals the inspiration behind HealthShield, detailing its tiered subscription model and their ambitious plans for expansion, including the development of an app and the potential pursuit of investment opportunities.

Practical Advice for 1099 CRNAs from Andi Stamper

Finally, throughout our discussion, Andi offers practical advice on financial management for 1099 contractors, including handling tax implications and balancing expenses. She also highlights the critical support CRNAs need due to the high-stress nature of their jobs, emphasizing the power of networking and maintaining multiple credentials to ensure a steady flow of work. 

From working in various healthcare settings to making the bold move to become a 1099 contractor, Andi’s experiences offer invaluable insights for anyone considering a similar path. With that, I hope you enjoy this episode of the MoneyRx for CRNAs Podcast with special guest Andi Stamper.

Episode Highlights

[04:17] Andi Stamper’s career path and achievements.

[07:34] The challenges and rewards of 1099 contracting as a CRNA.

[20:20] HealthShield Credentialing: Andi’s vision and future plans.

[28:59] Key financial planning insights and advice for 1099 CRNAs.

Links Relevant to this Episode

HealthShield Credentialing: Main Website

Looking for more financial planning tips and resources for CRNAs? Check out the MoneyRx for CRNAs Podcast home page for additional podcast episodes.

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