The San Francisco-based company, founded in 2017, says that it’s already used by 150 hospital clients in California, and that the new funding will enable expansion nationwide.
The company jumps into the market as nursing recruitment grows increasingly difficult, with the expectation of a nurse shortage of 1 million by 2024. Competitors include general health-care job boards such as Health eCareers, and niche sites such as Allnurses.com, Nurse.com, Nurse Recruiter and Nursing Jobs.
But Incredible Health says it can give healthcare employers by shortening nurse recruitment times to 25 days on average, three times faster than the national average.
For nurses, the company says its average placement brings, on average, a 17% better salary and a 15% reduction in commute time.
The site puts employers in the driver’s seat, allowing them to peruse pre-screened candidate profiles and headhunt proactively.
It focuses on permanent placements rather than temporary jobs, claiming that overtime and temporary contracts cost hospitals 1.5 to 2 times more than permanent workers.