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]
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?]
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?]