On March 2, Job.com, the data-driven, AI-powered recruitment platform, announced the acquisition of QCI Healthcare, a Grand Rapids, Michigan-based staffing agency. This marks the fourth successful staffing agency acquisition by Job.com, which is strategically continuing to build its position leading the digital transformation of the industry. The transaction closed on December 23. Terms of the multi-million-dollar acquisition were not disclosed.
QCI Healthcare is a Grands Rapids, Michigan-based recruitment company that provides health professionals to facilities in need of supplemental staffing on a per diem basis, or for contracts ranging anywhere from 8-26 weeks. It also provides private duty home care.
Job.com’s solutions are growing and evolving rapidly to serve multiple segments of the market and will come to represent the place where individual jobseekers manage their career path and employers find their next hire. Built on the blockchain and powered by smart contracts, Job.com is disrupting a 20-year-old industry by slashing costs for employers and rewarding candidates who get hired.
Acquisition remains a core component of Job.com’s growth strategy. Job.com is seeking to acquire additional small to midsize staffing firms and has further acquisitions scheduled for this quarter. It plans to acquire at least eight staffing firms in North America in a variety of sectors in 2022.
At a time when the healthcare labor market is facing unprecedented shortages across a range of specialties and services, Investors are looking for new ways to fill the gaps. And with the Omicron variant still spreading, healthcare systems are constrained and the need for quality healthcare providers has never been more dire. Healthcare staffing agencies seem to be the miracle solution investors are turning to.
In 2020, at the start of the COVID-19 pandemic, the global market for healthcare staffing was estimated at $33.8 billion. This figure is projected to reach a revised size of $47.8 billion by 2021, growing at a CAR of 6% over the analysis period, according to data from Global Industry Analysts, Inc.
