CareRev is an on-demand workforce platform that connects healthcare facilities with flexible clinical professionals through a real-time scheduling app. This technology addresses staffing shortages and burnout by enabling healthcare workers to choose shifts that fit their schedules while allowing hospitals to efficiently manage workforce demands.
Funding
$51.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Healthcare facilities face persistent staffing shortages, leading to increased burnout among existing staff and potential compromises in patient care. Traditional staffing models often struggle to adapt to fluctuating patient volumes and the need for specialized skills, resulting in inefficient labor cost management. Healthcare professionals also seek more flexible work arrangements to achieve better work-life balance and avoid burnout.
Solution
CareRev offers a technology-driven workforce marketplace that directly connects healthcare facilities with qualified clinical professionals for on-demand staffing needs. The platform enables hospitals and health systems to efficiently manage labor costs by scaling their workforce up or down based on real-time demand. Professionals gain the flexibility to choose shifts that align with their schedules and preferences, reducing burnout and promoting work-life balance. CareRev's solution provides access to a previously untapped pool of professionals seeking flexible work arrangements, helping facilities fill critical staffing gaps and maintain optimal patient care levels. The platform leverages AI-driven predictive analytics to optimize shift rates and staffing levels, reducing reliance on expensive incentives.
Target Audience
CareRev primarily serves hospitals, health systems, and other healthcare facilities seeking flexible staffing solutions, as well as registered nurses, CNAs, LPNs, and other clinical professionals looking for per-diem or flexible work opportunities.
Features
- Mobile app for healthcare professionals to view and claim available shifts at local facilities
- Real-time shift scheduling and management for healthcare facilities
- AI-driven predictive analytics for optimizing shift rates based on market demand and past performance
- Automated credential management with 24/7 access to staff credentials and expiration tracking
- Integration with existing hospital systems to streamline workflows
- Internal Resource Pool (IRP+) solution to manage and engage with internal flexible staff
- Communication tools within the app to facilitate direct interaction between facilities and professionals
- Reporting and analytics dashboards for tracking key staffing metrics and cost savings