ShiftMed

ShiftMed is a mobile workforce management marketplace that connects healthcare facilities with credentialed nurses and aides seeking flexible employment opportunities. Launched in 2016, the company leverages technology to address staffing shortages in the healthcare industry. Its platform provides a regulatory-compliant W-2 solution, allowing healthcare providers to access a local pool of clinicians, including part-time nurses, to meet their staffing needs.

ShiftMed's mobile app enables healthcare professionals to browse and claim open shifts at various facilities, such as hospitals, skilled nursing facilities, and home healthcare providers. Nurses and aides can create customized schedules, choosing when, where, and how often they work, with the option to work as little as eight hours or up to 40 hours per week. The app streamlines the application process, allowing users to upload required documents and complete onboarding directly within the platform.

One of ShiftMed's key offerings is its Guaranteed Shifts feature, which ensures healthcare professionals are paid for the entire shift if the facility cancels. The company also provides a Next Day Pay service, enabling workers to receive up to 75% of their pre-tax earnings within 24 hours after completing a shift.

ShiftMed aims to reduce healthcare providers' reliance on expensive travel nursing agencies, offering cost savings of 30% to 40% compared to traditional staffing alternatives. As of February 2023, the company reported a substantial 8x revenue growth over the previous two years, serving 1,500 enterprise partners across 110 markets in the US. Its platform had over 350,000 credentialed nurses and aides, with the app downloaded by over 100,000 users.