If you plan to invest into healthcare industry, which itself has long term growth potential, we recommend you to make a research on nurses and medical professionals staffing sector, which is relatively new and growing segment within Healthcare industry. In this small publication we would like to give you some highlights on medical staffing investment opportunities:
- Workforce outsourcing & contracting. Nowadays businesses have to concentrate on their main product lines, and by doing so they have to outsource everything else to contractors. In healthcare outsourcing from one hand and placement and staffing from another are very important. Hospitals, and especially smaller healthcare organizations can not afford diversified staff of medical professionals, they would rather use it on as-needed basis, without indefinite commitment.
- Flexible working hours. To healthcare professionals: doctors and nurses, medical staffing organizations offer flexibility opportunities – work as many hours per week as needed, take short term or mid-term contracts, decide on taking beneficial contract nationwide. These flexible options are important for working woman, especially in the maternity period.
- Staffing challenge for small healthcare organization. There are many small, private companies that are addressing the rapidly expanding needs of the healthcare industry. Unfortunately, due to their relatively small capitalization, they are unable to maximize their potential, obtain outside capital or expand. By consolidating well-run small private companies into a larger public entity, Healthcare staffing agencies intend to facilitate access to capital, the acquisition of technology, providing greater diversity of client services and expanded distribution that, in turn, drive internal growth.
- Sunbelt States. These states have growing population in the retirement age. You should expect growing need in the nursing, elder population care and living assistance services, which gives additional workload to medical staffing organizations.
- Information technology challenge. Healthcare placement organizations have to provide excellent timelog entry system to their health professionals, supported by immediate paycheck issuing capabilities. When making your investment research, you should analyze the investment into placement company ERP.
