Q1-2023 Healthcare Staffing Update
Allied and locum tenens continue to experience strong growth while travel nurse revenue reported a significant decline this quarter, primarily resulting from decreased new orders and compressed bill rates. Excluding the start of the pandemic, per SIA, new orders are at an all time low since this metric has been tracked beginning in 2011. Despite reduced travel nurse revenue, SIA noted that staffing firms reported increased usage or implementation of an app or platform with 23% of agencies reporting a platform currently in place while 33% plan to implement an app in the near future. Reasons that groups have expressed no interest in a platform include limited capital investment and candidate interest, and the importance of communication between candidate and recruiter.
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