Nomad Health, a New York-based online platform that connects travel nurses with healthcare jobs, laid off 17% of its corporate workforce as the surge in travel nurses ebbs, Forbes reported. “Nomad, like so many other companies in the world, is confronting a major shift in the post-pandemic economy, with inflation, slowing demand and the prospect of a recession,” Nomad CEO Alexi Nazem wrote in an email to employees, Forbes reported. “The healthcare staffing market is itself resetting from pandemic-fueled highs in both volume and price, and it is now decelerating at a faster rate than anticipated.”
Nomad Health had announced a $105 million funding round last June, bringing its funding to more than $200 million. SIA ranks Nomad Health as the 46th-largest travel nurse provider in the US.