Healthcare staffing platform SnapNurse reported today that it reached more than $350 million in revenue in the first quarter and is on track for revenue of more than $1.5 billion by year-end. The company, which received a $15 million investment from Pivotal Group in November, noted revenue was through organic growth.
SnapNurse said more than 150,000 medical professionals are registered on its platform and it deployed more than 10,000 medical professionals in 2020.
In addition, it said the number of internal employees rose to 200 in past 12 months from 20.
“SnapNurse disrupted healthcare staffing by creating a self-service model to accelerate the placement of healthcare providers,” COO Jeff Richards said. “It’s not a matter of insufficient supply. We have an abundance of qualified healthcare professionals, but the challenge has been connecting these individuals who are ready, able and willing to go to the facilities that need them –– and to do it in an efficient way.”
The company said it places medical staff in 24 to 48 hours rather than the standard 11 to 14 days.
SnapNurse, which is based in Atlanta, began in 2017.
It said plans now are to continue expansion into retail pharmacy, enterprise and healthcare “deserts” — areas that are 60 minutes away from acute care hospitals.