After growing more than three times its pre-pandemic size, the healthcare staffing sector experienced a decline in market size for the first time since 2010, contracting by 22% in 2023, driven by a 36% drop in the travel nurse segment and a 25% decrease in the per diem segment as volumes trended downwards and pay rates continued to push down. There are, however, tailwinds for the travel nurse segment, such as the continued nursing shortage estimated at more than 190,000 per year, according to the US Bureau of Labor Statistics, as well as the substantial regional variations in registered nurse supply and demand. The per diem segment contracted by 25% in 2023 and SIA estimates further contraction in 2024.
Read the full article: What Lies Ahead for the US Healthcare Staffing Industry? //
Source: https://www.staffingindustry.com/editorial/healthcare-staffing-report/september-12-2024/what-lies-ahead-for-the-us-healthcare-staffing-industry-