Nomad Health Secures $22 Million in Funding and Appoints Justin Lambert as CEO to Transform Healthcare Staffing
June 20, 2024, 3:44 am
Location: United States, New York
Employees: 501-1000
Founded date: 2015
Total raised: $240M
Nomad Health, a pioneering healthcare staffing platform based in New York City, has made waves in the industry by raising an impressive $22 million in funding. This significant investment was led by HealthQuest Capital, with participation from prominent investors such as Adams Street, Icon Ventures, Polaris Partners, .406 Ventures, and RRE Ventures. In addition to this financial milestone, Nomad Health has announced the appointment of Justin Lambert as its new Chief Executive Officer (CEO), signaling a new chapter in the company's growth and innovation.
The healthcare landscape is facing a critical shortage of nurses, with projections from the National Center for Health Workforce Analysis (NCHWA) indicating a shortfall of nearly 338,000 registered nurses (RNs) and over 99,070 licensed practical nurses (LPNs) nationwide. Nomad Health has emerged as a solution to this staffing crisis, offering an online marketplace that connects clinicians and healthcare facilities in need of freelance workers. By leveraging technology and a commitment to transparency and efficiency, Nomad is revolutionizing the way healthcare professionals find job opportunities and healthcare facilities fill critical roles.
Justin Lambert, who previously served as the company's President and Chief Operating Officer (COO), will now lead Nomad Health as CEO. With a deep understanding of the company's operations, marketing strategies, and client services, Lambert is well-positioned to drive Nomad's continued success and growth. Justine Lelchuk, a seasoned executive with experience at Deloitte Consulting, has been appointed as the new COO, bringing a wealth of expertise to the leadership team.
Nomad Health's platform allows clinicians to customize their job preferences, including location, salary, and hours, while healthcare facilities can post job listings with specific requirements. Through a sophisticated matching algorithm, Nomad connects the right professionals with the right opportunities, streamlining the recruitment process and ensuring a seamless experience for both parties. The platform also facilitates electronic contracting, time management, and payments, simplifying the administrative aspects of healthcare staffing.
While Nomad Health shares similarities with traditional job recruiting sites like LinkedIn or Monster, its focus on the unique challenges of the healthcare industry sets it apart. For instance, Nomad helps clinicians navigate the complex landscape of state licensing requirements, expediting the hiring process and ensuring compliance with regulations. Initially catering to travel nurses, Nomad has expanded its services to include a wide range of allied health professionals, enabling thousands of healthcare facilities across all 50 states to connect with over 300,000 clinicians.
With the infusion of $22 million in funding, Nomad Health is poised to expand its product portfolio and meet the growing demand for its innovative staffing technology. The company's commitment to setting new standards for service, transparency, and experience in healthcare staffing has earned it a reputation as a leader in the industry. As Nomad continues to pioneer advancements in healthcare workforce management, Justin Lambert's leadership will guide the company towards new frontiers of success and impact.
In conclusion, Nomad Health's recent funding round and CEO appointment mark a significant milestone in the company's journey to transform healthcare staffing. With a focus on innovation, efficiency, and excellence, Nomad is reshaping the way clinicians and healthcare facilities connect, ensuring that patients receive the care they need. As the company looks towards the future, its dedication to driving positive change in the healthcare industry remains unwavering.
The healthcare landscape is facing a critical shortage of nurses, with projections from the National Center for Health Workforce Analysis (NCHWA) indicating a shortfall of nearly 338,000 registered nurses (RNs) and over 99,070 licensed practical nurses (LPNs) nationwide. Nomad Health has emerged as a solution to this staffing crisis, offering an online marketplace that connects clinicians and healthcare facilities in need of freelance workers. By leveraging technology and a commitment to transparency and efficiency, Nomad is revolutionizing the way healthcare professionals find job opportunities and healthcare facilities fill critical roles.
Justin Lambert, who previously served as the company's President and Chief Operating Officer (COO), will now lead Nomad Health as CEO. With a deep understanding of the company's operations, marketing strategies, and client services, Lambert is well-positioned to drive Nomad's continued success and growth. Justine Lelchuk, a seasoned executive with experience at Deloitte Consulting, has been appointed as the new COO, bringing a wealth of expertise to the leadership team.
Nomad Health's platform allows clinicians to customize their job preferences, including location, salary, and hours, while healthcare facilities can post job listings with specific requirements. Through a sophisticated matching algorithm, Nomad connects the right professionals with the right opportunities, streamlining the recruitment process and ensuring a seamless experience for both parties. The platform also facilitates electronic contracting, time management, and payments, simplifying the administrative aspects of healthcare staffing.
While Nomad Health shares similarities with traditional job recruiting sites like LinkedIn or Monster, its focus on the unique challenges of the healthcare industry sets it apart. For instance, Nomad helps clinicians navigate the complex landscape of state licensing requirements, expediting the hiring process and ensuring compliance with regulations. Initially catering to travel nurses, Nomad has expanded its services to include a wide range of allied health professionals, enabling thousands of healthcare facilities across all 50 states to connect with over 300,000 clinicians.
With the infusion of $22 million in funding, Nomad Health is poised to expand its product portfolio and meet the growing demand for its innovative staffing technology. The company's commitment to setting new standards for service, transparency, and experience in healthcare staffing has earned it a reputation as a leader in the industry. As Nomad continues to pioneer advancements in healthcare workforce management, Justin Lambert's leadership will guide the company towards new frontiers of success and impact.
In conclusion, Nomad Health's recent funding round and CEO appointment mark a significant milestone in the company's journey to transform healthcare staffing. With a focus on innovation, efficiency, and excellence, Nomad is reshaping the way clinicians and healthcare facilities connect, ensuring that patients receive the care they need. As the company looks towards the future, its dedication to driving positive change in the healthcare industry remains unwavering.