ShiftMed, a Virginia-based company with a cloud-based platform for healthcare workforce management and on-demand staffing, has raised $200M in a funding round led by Panoramic Ventures.
ShiftMed aims to leverage technology to fight the nursing shortage in the U.S. healthcare system.
- The Bureau of Labor predicts that there will be 203,200 openings for Registered Nurses (RNs) each year from now until 2031, indicating an alarming shortage.
- ShiftMed
touts itself as a “flexible solution for staffing shortage” with its
nursing jobs app that connects local nurses with per diem shifts or
permanent positions at nearby short-staffed facilities.
- According to its website, ShiftMed boasts a fast-growing network of more than 350,000 credentialed nurses throughout the U.S.
- The
company says its platform contains tools and resources to optimize
healthcare staffing efforts, with 24/7 access to a portal to post shifts
via desktop or mobile device, 24/7 assistance through ShiftMed’s
Customer Support Center, email alerts, predictive analytics, and data to
compare rates.
- ShiftMed plans to use its fresh funds to expand its presence to more U.S. states.