Transactions: ShiftMed Buys CareerStaff Unlimited; Nova Leap Purchases Massachusetts Provider

ShiftMed — a staffing platform — has acquired CareerStaff Unlimited from Genesis HealthCare, a long-term care services provider. “The integration of CareerStaff with ShiftMed allows us to fulfill 100% of our clients’ On Demand needs through one workforce platform,” Todd Walrath, CEO of ShiftMed, said in a press statement. “By merging ShiftMed’s acclaimed mobile-first suite […]

Post-Acute Care Staffing Platform ShiftMed Secures $200 Million In Funding

ShiftMed – a mobile platform that acts as a conduit between health care providers and workers – announced Monday that it has raised $200 million in funding. The significant funding amount comes less than two years after it raised $45 million in 2021. “There is an ongoing demand for workforce solutions, especially in health care,” […]

Home Care Referral Service Raises Over $86M

A company led by a post-acute care veteran has raised over $86 million. Its mission is to help seniors find home care services. In an SEC filing, CareSave Technologies Inc. — led by former ShiftMed CEO Todd Walrath — has disclosed $86.6 million in capital funding, with expectations to raise significantly more. CareSave Technologies, which […]

ShiftMed Hopes Uber Health Partnership Will Help Home-Based Care Workers, Providers

ShiftMed, the post-acute care staffing company based in McLean, Virginia, has partnered with Uber’s (NYSE: UBER) health care arm. The partnership will ideally ensure that its 100,000-plus contracted workers have dependable transportation. “I think everybody’s well aware that there’s a critical shortage of nurses and nursing aides, so we really wanted to enable the nurses […]

Top Home Health Predictions for 2022

The ongoing public health emergency is sure to bring more staffing turmoil this year, along with additional regulatory and policy updates. The year ahead is also likely to bring more leadership turnover at the very top of home health organizations. Beyond the pandemic, private equity dollars will keep flowing into home-based care, leading to an […]

Providers ‘Should Be in Survival Mode’: Nearly Half of Nurses Could Leave the Field in Next 2 Years

Almost half of U.S. nurses are at least “somewhat likely” to leave their professions in the upcoming two years, according to a new report from ShiftMed. Of those workers, 38% plan to pursue non-patient facing roles in health care, while 31% plan on leaving health care altogether. “I would say this number was shocking,” Todd […]