Nomad Health
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| Company type | Private |
|---|---|
| Industry | Healthcare, Technology, Staffing |
| Founded | 2015 |
| Founder | Alexi Nazem, MD (CEO) Kevin P. Ryan (Chairman) Zander Pease Maxwell Laurans, MD Ryan Grant, MD |
| Headquarters | , |
Area served | United States |
| Services | Hiring |
| Website | nomadhealth.com |
Nomad Health is an online marketplace that directly connects physicians, nurses, and medical facilities for healthcare jobs, without the involvement of third party employment agencies.[1][2][3] Nomad Health is based in New York City.[4][5][6]
Company history[edit]
Nomad Health was founded in 2015 by Dr. Alexi Nazem (CEO), Dr. Ryan Grant, Dr. Maxwell Laurans, Kevin P. Ryan (Chairman), and Zander Pease in New York City.[6][7][8] From its outset, Nomad Health was built to connect physicians and medical facilities directly online for clinical temporary work, also known as locum tenens.[1][9] The firm is a member of the Grand Central Tech startup accelerator program for the class of 2016 - 2017.[10][1] In July 2016, Nomad raised $4 million in Series A funding that valued it at nearly $20 million.[6][2] First Round Capital and RRE Ventures led the funding round, with participation from .406 Ventures.[1][11][5]
The healthcare technology startup was mentioned in Fortune's 2017 list of 21 companies driving the digital health revolution.[12]
In February 2018, Nomad raised $12 million in Series B funding led by Polaris Partners. Existing investors First Round Capital, RRE Ventures, and 406 Ventures also participated.[13][14] In August 2019, Nomad raised $34 million in Series C funding led by Icon Ventures.[15][self-published source?]
Service[edit]
Nomad Health operates in the temporary medical outsourcing industry, in a marketplace in which medical facilities and clinicians can find each other.[2][4] It makes money by charging commission fees to employers when people are hired as contractors, and competes with employment agency recruiters by setting its commission lower than theirs.[4][8]
In July 2017, Nomad Health expanded its platform to include nurses in addition to physicians.[16][17] Then in November 2017, Nomad Health expanded to include telemedicine.[18][19]
In February 2018, over 30,000 clinicians and 1,500 medical facilities were using Nomad Health.[13] As of August 2019, over 100,000 clinicians and over 4,000 healthcare facilities are using Nomad Health.[20][self-published source?]
References[edit]
- ^ a b c d Hartmans, Avery. "This doctor was so frustrated trying to find freelance work, he founded a company to make it easier". BusinessInsider.com. Business Insider.
- ^ a b c Mack, Heather. "Nomad Health raises $4M for platform that helps doctors, nurses find freelance clinical work". MobiHealthNews.com. MobiHealth News.
- ^ Gormley, Brian (2016-07-26). "Nomad Health Raises $4M for Online Market Connecting Doctors, Hospitals". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-05-24.
- ^ a b c Finley, Allsia. "High-Tech Help for the Freelance Physician". The Wall Street Journal. The Wall Street Journal.
- ^ a b "Healthcare staffing startup backed by Business Insider co-founder views telemedicine as next market opportunity - MedCity News". medcitynews.com. Retrieved 2017-05-24.
- ^ a b c Del Rey, Jason. "Business Insider and Gilt founder Kevin Ryan wants to fix health care next". Recode.net. Recode.
- ^ LaMantia, Jonathan. "Digital health is helping to fuel the city's economy". CrainsNewYork.com. Crain's New York.
- ^ a b "Kevin Ryan, Co-Founder of Business Insider and Gilt Groupe, Tackles Healthcare". Inc.com. 2017-07-26. Retrieved 2017-05-24.
- ^ "Nomad Health Freelance Clinicians | PYMNTS.com". www.pymnts.com. Retrieved 2017-05-24.
- ^ McAlone, Nathan. "This program gives hot startups free office space in New York City for a year — meet this year's winners". BusinessInsider.com. Business Insider.
- ^ "Nomad Health Raises $4 Million in Series A Led by First Round Capital and RRE Ventures". Yahoo Finance. Retrieved 2017-05-24.
- ^ Mukherjee, Sy. "Prepare for the Digital Health Revolution". Fortune.com. Fortune.
- ^ a b "A doctor was so frustrated trying to find freelance work that he built a startup around it — and it just raised another $12 million". Business Insider. Retrieved 2018-03-01.
- ^ "Nomad gets $12M to scale up, improve healthcare job portal". MobiHealthNews. 2018-02-26. Retrieved 2018-03-01.
- ^ "Nomad Health Raises $34 Million in Funding". www.businesswire.com. 15 August 2019. Retrieved 11 January 2021.
- ^ "A startup that's tackling a massive healthcare crisis is moving in on a $7 billion market". Business Insider. Retrieved 2017-07-11.
- ^ "Nomad Health expands online marketplace to nurses". Healthcare Dive. Retrieved 2017-07-11.
- ^ "This Startup Is Bringing the Gig Economy to Health Care With Virtual Doctor Visits". Fortune. Retrieved 2018-01-04.
- ^ "Nomad Health opens online job board to telehealth providers". MobiHealthNews. 2017-11-20. Retrieved 2018-01-04.
- ^ "Nomad Health Raises $34 Million in Funding". www.businesswire.com. 15 August 2019.
External links[edit]
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