Medical staffing companies poised for growth

Posted in: Grow Your Business, Working Capital, Staffing Companies
September 9, 2008
Medical staffing companies poised for growth

Now could be the perfect time for small and medium-sized medical staffing companies to grow their businesses using working capital, a report by Reuters suggests.

BMO Capital Markets analyst Jeffrey Silber told the news provider that this sector of staffing will face increased demand in the next two years.

"An aging population and advances in medical technology should drive demand," he commented. "This should bode well for healthcare staffing supplier stocks."

A shortage of physicians willing to work in rural areas and limitations on the number of hours residents can work are boosting the need for temporary doctors, while the high number of current nurses facing retirement is raising billing rates for travel nurses.

Opportunities for medical staffing firms exist across the U.S. For example, a recent report from Michigan suggested that between 3,000 and 4,000 employees will be needed to staff two new hospitals in the next two years.
Capital Solutions Apply Today, Get Cash Next Week

Risk-Free Guarantee

...thanks for coming to our rescue a few years back when things were a bit shaky. Though we always had confidence in what we were doing, our local bankers didn't. Finding Capital Solutions was a godsend for us at that time and we'll always appreciate your efforts. You are definitely the best people we have ever worked with

John Vitullo
Omega Laboratories

In our very first conversation I noticed that you not only understood our situation, but also the Oil & Gas trade. Capital Solutions has been an invaluable help... We have grown our business exponentially thanks to you. I can now probably qualify for a traditional line of credit (...but I'm not sure I want to).

Brenda and Mark Neufeld
B.N.M. Piloting Services