Healthcare staffing industry is evolving to more demand for flexible staffing. Healthcare facilities operate with a base of fixed labor supplemented with a component of variable labor in order to align staffing costs with patient census variability. Mounting regulatory and economic pressures are forcing hospitals to increase the focus on cost efficiency and reduced readmissions rates.
Many companies have implemented various strategies to reform its more healthcare professional workforce to cater the market. For example, Cross Country Healthcare Inc., a leading provider of healthcare workforce solutions and staffing services across the country, announced in July 2019 that it has rebranded to better reflect the company’s best-in-class overall personnel management solutions and portfolio of innovative technology. The strategic plan comprises a new business logo and an improved website with cutting-edge features to provide an amazing, intuitive job search and application experience across the company’s family of brands, symbolizing the company’s future.
Envision Healthcare Corp. and AMN Healthcare Inc. — Notable Market Players in Healthcare Staffing Market
Leading players operating in the healthcare staffing market adopt various growth strategies, such as product launches, approvals, partnerships, and business planning. These strategies help them expand their business in the global market. Envision Healthcare Corp., AMN Healthcare Inc., Cross Country Healthcare Inc., Jackson Healthcare (LocumTenens.Com), Adecco Group, Maxim Healthcare Services Inc., Favorite Healthcare Staffing Inc., Aya Healthcare Inc., Medical Solutions LLC, and CHG Healthcare Services are among leading companies operating in the market. The companies have been implementing various strategies that have helped their growth and, in turn, brought about several breakthroughs and transitions in the industry. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the market players have also deployed several utilized inorganic strategies, including mergers & acquisitions, partnerships, and collaborations.
A few growth strategies done by the players operating in the healthcare staffing market are listed below:
Month and Year | Description |
Feb-2022 | AMN Healthcare has been honored as one of Staffing Industry Analysts’ 2022 Staffing 100, the leaders of the staffing industry by Chief Clinical Officer of AMN Healthcare. The company was honored for its leadership skills during an era of unprecedented difficulty in staffing. |
Dec-2021 | Cross Country Healthcare announced the results from a nationally represented survey of nurses and nursing students showing that the COVID-19 pandemic has introduced long-lasting negative perceptions of their future careers. The survey was conducted in partnership with Florida Atlantic University’s Christine E. Lynn College of Nursing identifies root causes of the current stressors among healthcare professionals and provides actionable areas to help improve nursing satisfaction, career outlook and mental well-being. |
Dec-2021 | Jackson Healthcare received USD 34 million from Georgia’s tab for providing staffing help to hospitals and nursing homes in the pandemic. As per the contract, company supplied healthacre staff, from doctors to nurses to respiratory therapists, to dozens of hospitals and nursing homes across Georgia over the course of the COVID-19 pandemic, through its subsidiary, HWL. |
May-2021 | Aya Healthcare announced the acquisition of temporary staffing division of the New Mexico Hospital Association’s Hospital Services Corp. by Aya Healthcare’s Qualivis subsidiary. The deal is expected to close June 1. |
Jan-2020 | Adecco Group sold its US healthcare staffing business, Soliant Health to Switzerland-based staffing firm the Zurich for USD 612 million in cash. The company further announced the sale is part of its strategy to concentrate on globally scalable brands and digital solutions. |
Jan-2018 | Envision Healthcare Corporation announced the completion of the previously announced acquisition of Envision by global investment firm KKR. As a result, of the completion of the merger, Envision has become a wholly owned subsidiary of funds affiliated with KKR, and Envision stockholders received an amount in cash equal to USD 46.00 per share of Envision common stock. |