ShiftMed is a workforce management platform that connects healthcare organizations with local, credentialed W-2 nurses, enabling direct hiring from a no-contract float pool without conversion fees. This technology reduces reliance on costly travel contracts, allowing organizations to save up to $300 per shift while improving patient care quality.
Funding
$47M 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 organizations often rely on expensive travel nurse contracts to fill staffing gaps, leading to high labor costs and inconsistent patient care. Traditional staffing models lack the flexibility to quickly adapt to fluctuating patient volumes and unexpected staff shortages.
Solution
ShiftMed offers a workforce management platform that directly connects healthcare facilities with local, credentialed W-2 nurses, enabling them to build a flexible, no-contract float pool. By eliminating conversion fees and reducing reliance on travel contracts, ShiftMed helps organizations save on labor costs while maintaining quality of care. The platform allows healthcare providers to create their own branded workforce solution, providing control over staffing strategies and reducing dependence on external agencies.
Target Audience
The primary target audience includes hospitals, skilled nursing facilities, surgery centers, assisted living facilities, and home care providers seeking to reduce labor costs and improve staffing flexibility.
Features
- Direct access to a network of local, credentialed W-2 nurses
- No-contract float pool eliminates conversion fees
- Workforce management technology reduces reliance on travel nurse contracts
- Customizable platform allows healthcare organizations to build their own branded workforce solution
- Cost savings of up to $300 per shift compared to traditional staffing models