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US-Based Healthcare Staffing App Trusted Health Raised $149M: Know How to Build On-demand Nurse Staffing Platform

Quick Summary: Another day, another news of a healthcare staffing app raising funds!

This time, it is US-based Trusted Health.

As per official reports, Trusted Health revealed the closing of its successful series C funding round worth $94 million and its undisclosed series B funding round worth $55 million.

The startup – Trusted Health – offers an AI-based job matching platform, focused on nursing jobs.

Using this platform, nurses can easily find jobs as per their preferences. And it also helps healthcare entities meet staffing challenges while letting them be more focused on quality care delivery.

So, if you are planning to build a healthcare staffing app — understanding the business, technical and compliance moves of Trusted Health will surely help in your journey.

What is a healthcare staffing app and how does it work?

A healthcare staffing app connects healthcare entities (clinics, hospitals) with nurses for short-term and long-term hiring purposes.

It works in both directions – nurses can find and apply for the jobs that completely fit their preferences and healthcare entities can search for nurses they are looking for and send job requests.

Healthcare staffing app follows the on-demand model as it enables nurses to find and accept jobs on short notice. On the other hand, allows healthcare entities to hire nurses on short notice for a specific task.

If not startups, healthcare staffing agencies can use the platform to maintain their staff, assign jobs and monitor each scheduled, ongoing and delivered jobs.

The following is the most detailed explanation of how a healthcare staffing app works:

healthcare staffing app

Front #1: Nurses

  • Nurses create their accounts by adding all of their personal, educational and professional information.
  • They are now able to search all nearby nursing jobs posted by healthcare entities.
  • They can filter out searches based on hourly wage, shift timing, location etc.
  • They can also add and save their job preferences in order to receive relevant job requests from healthcare entities.
  • If a nurse finds the job she is looking for, she can easily apply for it which either gets approved or declined by the healthcare entity which has posted that job.

Front #2: Healthcare entities

  • Healthcare entities create accounts by adding business information.
  • If a hospital has a requirement for a nurse, an authorized person from that hospital can search for nurses and send job requests.
  • Here, nurses can either accept or decline job requests.
  • Hospitals can also create a new job by adding all details and waiting for a nurse to apply for it.
  • When a nurse applies for that listed job, the hospital reviews that nurse’s profile and either accepts or declines the job request.

Front #3: On-demand medical staffing platform

  • It acts as a medium between nurses and healthcare entities.
  • If working on AI, it suggests jobs to nurses based on their preference and suggests nurses to healthcare entities based on job type.
  • It enables nurses to rate & review hospitals and enables hospitals to rate & review nurses.
  • Hospitals can manage all listed jobs and hire nurses from their dashboards.

Why is there a good market opportunity for building a healthcare staffing app like Trusted Health?

Well, if there wasn’t market potential, investors would never have invested a whopping $149 million in Trusted Health!

However, the skyrocketing market isn’t the only reason.

There are 3 more reasons that indicates developing healthcare staffing app is the highly profitable idea.

Reason #1: A severe labour shortage in the healthcare industry

There had already been ever-lasting healthcare labour shortages in the USA. And the COVID-19 pandemic made it worse.

Since then, US healthcare employment has dropped by 524,000 jobs. And if we talk about the future, there will be a shortage of around 30000 nurses by 2025 in the USA.

One of the primary reasons for this massive healthcare labour shortage is burnout.

Nurses are no longer ready to work in stressful conditions which affect their mental health and put their physical health in trouble. Because they already have suffered a lot during the initial waves of the pandemic.

But technology can help nurses to find the jobs they are looking for. They can search and apply for jobs that offer them flexibility, safety and a good salary.

Many nurses prefer part-time jobs for the short term without any work commitment which they can easily search and apply for using an on-demand nurse staffing platform.

Meaning, the healthcare staffing app has the potential to help nurses in finding jobs that completely suit their work-life balance.

Reason #2: Everyone, nurses too, love choices!

In the past, nurses lacked choices when it came to their professional careers.

And the root of that problem was their incapability to compare multiple nursing jobs and select the one which offers them mental peace as well as higher wages than industry standards.

But now using a healthcare staffing portal, nurses can find all listed jobs as per their preferences and then compare all short-listed jobs to select the most suitable job for them.

Reason #3: Hospitals want to save staff expenses

To reduce overall staff expenses, hospitals no longer prefer to hire a workforce of full-time nurses.

They instead follow a hybrid model under which they fill only some percentage of open nursing positions and hire the rest of the nurses as per demand for a short time.

For instance, they temporarily fill all nursing positions during December and January when there are more chances of β€˜high-demand’ in ER visits.

And when there is low demand, they run the practice with only permanent nurses.

So, with an on-demand healthcare staffing app, we can empower hospitals and clinics to hire temporary clinical staff on short notice with ease.

Top must-have features you must add into your nursing jobs marketplace

Here, it is worth mentioning that there will be three different app modules – one for nurses, one for healthcare entities and one for admin.

App features for nurses:

  • Profile creation
  • Upload documents
  • Search for jobs
  • Apply search filters
  • Save favourite
  • Explore job suggestions
  • Set job alerts
  • Make job request
  • View job information
  • Compare 2+ jobs
  • Set preferences for jobs
  • Accept/decline job request
  • Earning report
  • Past and upcoming jobs
  • Rating & review
  • Customer support

App features for healthcare entities:

  • Profile creation
  • Post jobs
  • Search for nurses
  • Apply search filters
  • Send job requests
  • Explore nurse profiles
  • Accept/decline job requests
  • See all posted jobs
  • Promote the posted job
  • Dashboard to track each hired nurse
  • Rating & review
  • Customer support

App features for admin:

  • Users (nurses, healthcare entities) management
  • Payment & dispute management
  • Customer support team dashboard
  • Promo codes, referral codes, in-app promotion management
  • Heat map and analytics

5 Things that can help you attract a larger userbase and boost revenue

It’s not easy to survive in the highly shifting market of the healthcare industry.

You have to be unique in order to sustain the revenue and user growth of your healthcare staffing portal.

Following are the 5 ideas that can help you attract a larger user base which eventually boosts your revenue from the healthcare staffing portal.

  • Personalized job matches
  • Tools to support nurses with their physical and mental health
  • Real-time chat with experts
  • Compensation transparency
  • Timecard tracking

Explore our 17-step process of developing a healthcare on-demand staffing platform

That was the app development process. Now, let us share our project delivery approach

app development approach

We can help you like none of the IT companies can. Because we are healthcare-specific!

We’re an Ontario-based healthcare-focused IT company. Since we are healthcare-specific, we have only been working on healthcare IT projects for 8 years.

And as a result, we have gained the ultimate experience required to build healthcare apps and software.

Because, building a healthcare app requires knowledge of clinical workflows, medical billing structure, healthcare compliance laws, and most importantly interoperability standards.

With our dedicated healthcare UI/UX designers, developers, compliance specialists, QA engineers, and business analysts, we can help you build a world-class healthcare staffing platform with all advanced as well as good-to-have features.

Since we follow agile methodology, we guarantee rapid app delivery within the set timeline. As if this is not enough, we offer startup-friendly pricing as our purpose of being healthcare-specific is to help healthcare providers and patients.

So, we would like to connect with you and take your healthcare app idea to its execution phase with our 3E- expertise, experience, and experts!