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Industry Landscape
The healthcare staffing industry is experiencing high demand due to physician shortages, an aging population, and increased healthcare needs. The market is highly competitive, with a focus on specialized roles like physicians and advanced practice providers. Technology and personalized services are key differentiators, driving efficiency and better matching. Retention and workforce well-being are also growing concerns for healthcare systems.
Total Assets Under Management (AUM)
Number of Practicing Physicians in United States
~Approximately 1.1 million (Physicians and Osteopathic Physicians in 2021) [1]
(1.4% (Projected Annual Growth for Physician and Surgeon Employment 2022-2032) [2] CAGR)
- Growing demand for healthcare services.
- Retirements and aging workforce.
- Expansion of healthcare access.
Total Addressable Market
18.3 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Matching Algorithms
These algorithms leverage machine learning to analyze vast datasets of provider profiles and job requirements, enabling highly precise and personalized matches.
Virtual Reality (VR) for Candidate Experience
VR can offer immersive virtual tours of healthcare facilities and community environments, enhancing the candidate's understanding of potential roles and locations.
Blockchain for Credential Verification
Blockchain technology can create a secure and immutable ledger for verifying physician credentials, licenses, and employment history, streamlining the credentialing process.
Impactful Policy Frameworks
No Surprises Act (2022)
The No Surprises Act, effective January 1, 2022, protects patients from surprise medical bills for emergency services and out-of-network care, requiring providers to give good faith estimates.
This policy increases financial transparency for patients, indirectly pressuring healthcare systems to optimize staffing and cost efficiencies, which could influence recruitment strategies and demand for certain specialties.
Consolidated Appropriations Act, 2021 (Impact on GME)
The Consolidated Appropriations Act, 2021, included provisions for an additional 1,000 Medicare-funded GME residency positions over five years, with priority for states with physician shortages.
This policy directly impacts the supply of new physicians entering the workforce, potentially increasing the pool of candidates for PS&D to place in underserved areas and expanding GME support services.
Healthcare Cybersecurity Regulations (Ongoing Development)
Various government agencies (e.g., HHS, NIST) are continuously developing and enforcing regulations and guidelines for cybersecurity in healthcare to protect patient data from increasing cyber threats.
These regulations necessitate that healthcare systems prioritize robust data security, influencing their technology infrastructure and potentially their choice of recruitment partners who can ensure secure data handling during the recruitment process.
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