Nathan Young’s leadership at 55 Silver is a compelling story of compassion, resilience, and unwavering commitment to helping those in need. His journey, which spans decades and continents, illustrates a life dedicated to service, both in military and civilian realms, and highlights his profound impact on the healthcare industry.
Early Beginnings and Military Service
Nathan’s story begins with his education, interrupted by his decision to serve as a combat soldier in the Israel Army during the Israel-Lebanon conflict. This period of service, following an honorable discharge from the Coast Guard Academy, was marked by rapid adaptation and profound commitment. Nathan Young’s ability to quickly learn Hebrew and integrate into a challenging combat environment underscores his resilience and dedication—a theme that would define his later entrepreneurial ventures.
A Sanctuary in Beverly Hills
Returning to the United States, Nathan managed a 77-room Airbnb/hotel near Beverly Hills from 1996 to 2020. Originally a retirement home in disrepair, Nathan transformed this establishment into a haven for the marginalized. Here, Nathan began his informal mission of aiding those struggling with addiction and homelessness. His hotel became a refuge for individuals expelled from a nearby sober living house, as well as for ex-convicts and the homeless, whom he employed and supported, fostering a community of recovery and second chances.
Expansion into Sober Living
Driven by a desire to make a more structured impact, Nathan founded two sober living houses. These houses were an extension of his commitment to support addiction recovery, providing not just shelter but also covering treatment costs for many, essentially operating as a charity due to irregular payments from treatment centers. This initiative was deeply personal and shaped by the tragic overdose and death of his girlfriend, which only deepened his resolve to fight addiction.
Innovative Approach in Healthcare
The COVID-19 pandemic presented significant challenges, including Nathan losing his role as hotel manager. However, seizing opportunity in adversity, Nathan, with the help of a friend, opened an outpatient clinic in July 2020. Despite starting with only ten clients, the clinic quickly expanded, thanks to Nathan’s philosophy of love and acceptance, which resonated deeply with his clients. This approach was not just theoretical but practical, as demonstrated when Nathan chose to absorb significant personal financial losses to keep the clinic operational during a financial crisis precipitated by Aetna’s payment halt in December 2022. Aetna and Nathan Young have worked together for many years. If you don’t know, Aetna is a prominent American health insurance company, renowned for providing a wide range of health care services. Part of CVS Health Corporation since 2018, Aetna offers medical, dental, pharmaceutical, and behavioral health insurance plans, catering to both individuals and groups.
Despite being advised to shut down the clinic as Aetna payments ceased—a major source of the clinic’s revenue—Nathan personally invested $5.5 million to keep the clinic afloat. His decision to continue operations under such financial strain illustrates his dedication to both his clients and employees, prioritizing their well-being over fiscal considerations.
55 Silver’s Role and Services
Under Nathan’s leadership, 55 Silver has thrived, emphasizing the need for personalized and compassionate care in healthcare staffing. The company offers specialized recruitment services across various areas, including Nursing Placement Services, Behavioral Health Recruitment, and Allied Health Recruitment. Each of these areas is critical in meeting the diverse needs of healthcare facilities, ensuring high-quality patient care through a rigorous vetting process of healthcare professionals.
Community Impact and Client Success
Nathan’s unique approach has not only led to significant business success but has also made a tangible difference in the lives of many. His policy of giving numerous chances to individuals like ZB, a client who left and returned to the program multiple times before finally achieving sobriety and advancing to a managerial role, underscores the effectiveness of Nathan’s philosophy. Such stories are not isolated but are indicative of the broader impact Nathan Young and 55 Silver have had on the community.
Compliance and Ethical Standards
Moreover, Nathan ensures that 55 Silver operates with the highest standards of ethical compliance, adhering strictly to laws and regulations such as EKRA. This commitment to integrity is crucial in maintaining trust and efficacy in the sensitive field of addiction treatment and healthcare staffing.
Conclusion
Nathan Young’s journey with 55 Silver is a testament to the power of compassionate leadership and the impact it can have on the healthcare industry. By placing humanity at the core of business, Nathan has not only created a successful enterprise but has also profoundly affected the lives of those most in need. His story is a beacon for anyone in the healthcare industry, proving that with compassion, resilience, and integrity, it is possible to make a significant and positive difference in the world.
Company: 55 Silver is a healthcare staffing company that specializes in matching healthcare facilities with qualified professionals in nursing, behavioral health, and allied health roles. The company is dedicated to providing personalized staffing solutions that meet the specific needs of each facility, ensuring high-quality patient care. 55 Silver focuses on rigorous candidate vetting and tailoring services to the evolving needs of the healthcare industry, striving to form long-lasting relationships with facilities that prioritize excellent care and efficiency. Led by Nathan Young, 55 Silver is known for its commitment to integrity, dedication, and compassionate service in the healthcare staffing sector.
