ImpactAlpha, November 1 — The U.S. is facing a major shortage of health care workers due to COVID-19. Four out of every five health care professionals said the shortage has had an impact on them and their place of work.
ShiftMed’s on-demand platform connects over 60,000 vetted health care professionals to more than 700 partners, including hospitals, nursing homes, home health and assisted living providers. The McLean, Virginia-based company also offers software tools for shift scheduling and getting paid.
The investment round was led by health investor Healthworx and Panoramic Ventures, a partnership between tech entrepreneur and angel investor Paul Judge and BIP Capital (for context, see “Panoramic Ventures hunts for underserved founders in overlooked markets”). Participating investors include Motley Fool Ventures, Blue Heron Capital and 3TS Capital.