This article is written in FAQ manner for quick and convenient reading and we recommend it to private as well as professional investors for industry and its top performers evaluation
- Economy Cycles Immune. Healthcare in general and medical placement typically do not follow economy booming and recessing. So, you can consider it as investment diversification instrument when economy is booming as well as selling off high risk high tech stocks and adding more healthcare shares when economy is in the slow down and recession.
- Double digit growth. Medical placement industry itself was and is showing strong growth in late 1990th as well as in 2000th. There are obvious reasons for the growth: shortage of nurses in sunbelt states and high medical professional certification standards; contractual nature of nurses engagements to name a few.
- Mergers & Acquisitions. In Medical placement this is natural way of growth. There are small privately held healthcare staffing companies in the regions and in such situation to start from scratch is not feasible.
- Cross-Selling marketing strategies. Nationwide medical placement companies often have specializing offices in the regions – pharmacists placement office in Michigan, for example. In this case it is possible to include Michigan location in offering other services to healthcare organizations in mid-west: per diem, allied nurses, medical professionals placement, etc. This strategy gives nation-wide placement company advantage over small regional firm and it is one of the reasons of industry consolidation.