NEW YORK--(BUSINESS WIRE)--Nomad Health, the first online marketplace connecting doctors with freelance clinical work, has launched its services in California and Texas today. Less than a year after completing a $4 million Series A financing, Nomad Health’s technology is now available to address severe doctor shortages coast-to-coast in the United States.
The doctor shortage has been a chronic problem for the U.S. healthcare system, and it is expected to get worse. The Association of American Medical Colleges projects that the United States will suffer a shortage of up to 104,900 doctors by 2030. These gaps can lead to delays in care for patients, or worse, prevent them from getting care at all. A key solution to this ongoing problem has been the use of temporary doctor staff, often called locum tenens. Unfortunately, the broker-driven system for finding, hiring, and mobilizing locum tenens is extremely slow and expensive, largely because it still relies on paper, phone, and fax.
In both California and Texas, the need for temporary doctors is particularly dire. Six of nine regions in California have too few primary care doctors. In Texas, 35 counties have no practicing doctors at all, and 80 more counties have 5 or fewer doctors.
Nomad Health, founded in 2015 and based in New York City, is a healthcare technology platform built to dramatically improve the efficiency of the $15 billion temporary healthcare staffing industry. Nomad Health is the first digital service to eliminate third-party recruitment brokers from the process and directly connect doctors with the medical institutions that hire them. The simple, cloud-based platform drives substantial time and cost savings for both sides of the marketplace.
Nomad Health raised funding in July 2016 from First Round Capital, RRE Ventures, and .406 Ventures and has grown to offer its services all along the East Coast. Adoption has been rapid, with over 5,000 doctors and 300 healthcare facilities already using Nomad Health.
“We built Nomad to make healthcare hiring a cinch so that doctors can spend more time at the bedside and less time trying to get in the door to see patients,” said co-founder and CEO, Dr. Alexi G. Nazem, who is a Harvard and Yale trained internal medicine doctor. “We are thrilled with the interest and enthusiasm we have seen since launching on the East Coast and are looking forward to welcoming doctors and facilities in California and Texas, both among the country’s largest and most understaffed healthcare markets.”
Now more than ever before, the U.S. healthcare system needs better tools for finding and hiring doctors. The company aims to deliver just that. Kevin Ryan, a veteran technology entrepreneur and the company’s co-founder and Chairman summed it up, saying “Nomad is the technology upgrade healthcare recruiting has been desperately waiting for.”
About Nomad Health
Nomad Health is a technology company that is simplifying the $15 billion temporary healthcare staffing industry. The company has built the first online marketplace that enables clinicians and the institutions that hire them to find each other and transact directly, without a broker. Nomad Health brings substantial cost savings, dynamic pricing, and a streamlined process to both sides of the market. Nomad is simple, modern healthcare staffing. Learn more at nomadhealth.com.
