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Q2-2022 Healthcare Staffing Update

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Q2-2022 Healthcare Staffing Update

In Q2 2022, the healthcare staffing sector remained strong as nurse shortages continue to be evident across different end markets. The $34.7 billion healthcare staffing market has a projected CAGR of 5.6% from 2022-2030, respectively. According to the Bureau of Labor Statistics, around 500,000 are projected to retire of the next few years, further applying pressure to backfilling a pipeline that has limited nurse professors in school and university settings. There have been notable add on acquisitions during Q2 as large staffing companies look to diversify service offerings and increase market share. Medical Solutions acquired Matchwell to enhance its staffing model with a SaaS based solution. Additionally, locums is poised to witness high growth as healthcare systems look for cost-effective ways to hire employees. Evidence of this is ARR Healthcare acquiring Enterprise Medical Recruiting.

To print and download the full Healthcare Staffing Update, please click below…

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Sources: SEC Filings; Company Press Releases, and Reports; IBISWorld; Capital IQ; PHP Estimates and Research. This document has been compiled with publicly available information. Provident Healthcare Partners, LLC makes no guarantee of its accuracy or completeness. No data or statement should be construed to be a recommendation for the purchase, sale, or retention of any security.