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Industry Landscape
The healthcare staffing industry is experiencing significant growth driven by increasing demand for healthcare professionals and the ongoing digital transformation of recruitment processes. Technology plays a crucial role in streamlining operations, managing credentials, and improving candidate matching, making it a competitive and innovative market.
Total Assets Under Management (AUM)
US Staffing Industry Revenue in United States
~$197.8 billion (2023)
(1.3% CAGR)
- Healthcare staffing contributed significantly.
- IT staffing showed strong growth.
- Professional staffing remained robust.
Total Addressable Market
197.8 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Artificial Intelligence (AI) & Machine Learning (ML)
AI and ML can automate candidate matching, predict staffing needs, personalize candidate experiences, and enhance fraud detection in credentialing.
Blockchain for Credentialing
Blockchain offers a secure, immutable, and transparent way to verify and manage professional credentials, reducing fraud and streamlining verification processes.
Process Automation (RPA)
RPA can automate repetitive administrative tasks in recruitment, such as data entry, scheduling interviews, and onboarding paperwork, freeing up recruiters for strategic work.
Impactful Policy Frameworks
No Surprises Act (2022)
The No Surprises Act protects people from surprise medical bills from out-of-network providers and facilities.
This act indirectly impacts staffing by increasing scrutiny on billing practices and potentially influencing the types of roles and contract structures in healthcare facilities.
Consolidated Appropriations Act, 2021 (CAA 2021) – Transparency in Coverage Rule
This rule requires health plans and issuers to disclose pricing information, including negotiated rates for in-network providers and out-of-network allowed amounts.
Increased transparency in healthcare pricing could influence compensation structures and demand for specific healthcare professionals, impacting staffing agency negotiations.
State-specific Licensure Compacts (Ongoing)
Various states are joining licensure compacts (e.g., Nurse Licensure Compact, Physical Therapy Licensure Compact) allowing licensed professionals to practice in multiple member states with a single license.
These compacts streamline the placement of healthcare professionals across state lines, easing credentialing burdens for staffing agencies like Praos Health and expanding their reach.
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