Staffing platform technology has achieved remarkable growth in the US nurse staffing industry1. In 2016, the market was valued at $3.5 billion and was expected to grow by 20 percent each year until 2021, when it will reach $7.7 billion. But In 2021, healthcare staffing platforms grew by 190 percent.2 What accounts for this unprecedented growth? There are a variety of reasons. Here are some of the most important ones:
1. Increased Use of Technology in Staffing Hospitals are using more technology to enhance efficiency and reduce cost. Many are turning to automated systems to coordinate nurses’ shifts and track staff availability.
2. A Surge in Utilization of Staffing Platforms Staffing platforms offer an efficient way for hospitals to connect with temporary employees when demand spikes or for regular relief. They also allow nurses to find work where they are needed most.
Nurses are turning to staffing platforms to find employment in a competitive market. Many healthcare facilities are experiencing shortages of qualified nursing staff. Using staffing platforms, nurses can find work where needed most. They can also work with a wider range of facilities, giving them greater opportunities to advance their careers. Some healthcare organizations are even using these platforms to hire the temporary nurses through the staffing platforms rather than going through a traditional staffing agency or an expensive job board that doesn’t offer screening and credentialing.
Consider these five reasons for the growth of staffing platforms:
1. Hospitals use staffing platforms to find temporary nurses, especially during busy seasons or to cover unexpected absences, illness or vacancies.
2. Nurse satisfaction is at an all-time high thanks to staffing platforms, which connect nurses with jobs at locations they want and need to work.
3. Nurse turnover is down because staffing platforms are helping to keep nurses in the places they are happiest and working the most.
4. Staffing platforms help nurses find jobs that fit their lifestyles, and also helps hospitals fill staffing gaps.
5. The nurse shortage is projected to get worse, and staffing platforms can help fill the gap by introducing nurses to the healthcare facilities that need them.
According to a Deloitte study, “New technologies have expanded access to talent by leveraging existing pools of unemployed or underemployed individuals” Nursing is one of the fields where “innovation through technology is gaining traction.” 90% of RN’s turn to staffing platforms as their primary source of RN work today.
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