Per Diem Nurse Staffing Market - By End-use (Hospitals, Clinics, Nursing Homes) – Global Forecast, 2024 – 2032

Per Diem Nurse Staffing Market - By End-use (Hospitals, Clinics, Nursing Homes) – Global Forecast, 2024 – 2032

Per Diem Nurse Staffing Market Size

Per Diem Nurse Staffing Market size was valued at around USD 9.3 billion in 2023 and is estimated to grow at a CAGR of 5.2% over the forecast period. This robust market growth can be attributed to factors such as the shortage of skilled healthcare staff coupled with rising demand for healthcare services.

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The global shortage of nurses in various regions intensifies the demand for flexible staffing solutions. For instance, according to the American Hospital Association, in 2022, there was a shortage of 1.1 million nurses in the U.S. Per diem nurse staffing offers healthcare facilities the flexibility to address immediate staffing needs, ensuring that patient care is not compromised even during periods of acute staff shortages.
 

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Moreover, the dynamic nature of patient volumes in healthcare facilities, driven by seasonal variations, unexpected surges, or special events, creates a demand for flexible staffing solutions. Per diem nurse staffing allows healthcare providers to quickly adjust staffing levels based on patient needs, driving market growth.

Per diem nurse staffing refers to a flexible healthcare staffing model where registered nurses and other healthcare professionals are hired on a per-shift basis to meet the temporary and fluctuating staffing needs of healthcare facilities. Unlike full-time or part-time positions, per diem nurses work on an as-needed basis, allowing healthcare providers to adapt quickly to changing patient volumes, unexpected surges, or staff shortages.

Per Diem Nurse Staffing Market Trends

The increased adoption of outsourcing healthcare staff, including per diem nurses, is driven by the need for flexibility and scalability in healthcare staffing.

• The rising labor costs associated with employing healthcare professionals, including nurses, motivate healthcare facilities to explore cost-effective alternatives, for instance, according to an article published by Health Catalyst, in 2023, healthcare providers’ labor costs rose by more than 20 per cent from 2019 to 2022, and total costs increased by 17.5 per cent over that three-year period.
• Outsourcing healthcare staff, such as per diem nurses, provides cost-effective staffing solutions for healthcare revenue cycle management. By outsourcing, facilities are able to reduce overhead costs associated with full-time employment, such as benefits and training expenses. Per diem nurse staffing, in particular, allows facilities to pay for staffing only when needed, optimizing cost-efficiency and aligning labor expenses with actual demand, contributing to overall financial savings.
• Moreover, the increased adoption of outsourcing healthcare staff is driven by the need for flexibility and scalability in healthcare staffing. Outsourcing allows healthcare facilities to quickly adjust staffing levels based on fluctuating patient volumes, seasonal variations, and unforeseen surges in demand. Per diem nurse staffing, as a part of this outsourcing trend, offers the flexibility to scale up or down as needed, providing an agile solution to meet dynamic healthcare requirements.

Per Diem Nurse Staffing Market Analysis

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Based on end-use, the market is categorized into hospitals, clinics, nursing homes, and other end-users. The hospital's segment was valued at around USD 4 billion revenue in 2023.

• Hospitals, with their constant influx of patients and varying healthcare needs, lead in adopting per diem nurse staffing. The high patient turnover necessitates a flexible staffing approach, and per diem, nurses offer hospitals the ability to quickly adjust staffing requirements based on patient admissions, discharges, and fluctuations in acuity. This adaptability aligns seamlessly with the dynamic nature of hospital environments.
• Additionally, hospitals operate around the clock, requiring staffing solutions that can accommodate 24/7 operational demands. Per diem, nurse staffing provides hospitals with the flexibility to cover day, night, weekend, and holiday shifts efficiently. This ensures continuous and uninterrupted patient care, addressing the constant need for nursing staff across all hours of the day.
• Moreover, hospitals with specialized units and departments such as intensive care, surgical suites, and critical care often require nurses with specific skills. Per diem nurse staffing allows hospitals to access a diverse pool of specialized nurses, ensuring that each department can secure the expertise needed for specialized patient care, enhancing overall service quality.

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North America per diem nurse staffing market accounted for USD 4.7 billion in revenue in 2023 and is predicted to witness substantial market growth. This substantial market growth is attributed to a combination of factors that contribute to the region's robust market position.

• The North American region encompasses diverse healthcare settings, including urban hospitals, rural clinics, and specialty care centers. This diversity in healthcare settings amplifies the need for adaptable staffing solutions, making per diem nurse staffing a preferred choice to address the unique requirements of different facilities.
• Moreover, the U.S., a significant part of the North American region, is witnessing a growing demand for registered nurses.  For instance, according to Registered Nursing.org, by 2030, the number of registered nurses needed in the U.S. is estimated to increase by 28.4% from 2.8 million to 3.6 million. Per diem nurse staffing addresses this demand by offering a flexible workforce solution, enabling healthcare facilities to efficiently match the increasing need for qualified nursing professionals, creating a positive trajectory for business growth in the market.

Per Diem Nurse Staffing Market Share

The per diem nurse staffing industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of innovative services with improved efficiency and cost-effectiveness is among a key market strategy for per diem nurse staffing service providers. Some of the leading industry players including AMN Healthcare, ATC Healthcare, and Cross Country Healthcare, among others have a substantial presence in the market.

Per Diem Nurse Staffing Market Companies

Some of the eminent market participants operating in the per diem nurse staffing industry include

• Accountable Healthcare Staffing
• AMN Healthcare
• ATC Healthcare
• Cross Country Healthcare
• Dedicated Nursing Associates (DNA)
• Favorite Healthcare Staffing
• HealthTrust Workforce Solutions (HCA)
• Interim HealthCare
• Maxim Healthcare Services
• Supplemental Health Care

Per Diem Nurse staffing Industry News

• In May 2022, AMN Healthcare announced that it has acquired Connetics USA, an international nurse and allied recruitment company that specializes in nursing and allied professional direct hire recruitment and placements. This acquisition helped the company to solidify its per diem nurse staffing business.
• In March 2022, ATC Healthcare announced a new franchise location in Schaumburg, IL. This expansion strategy helped the company to enhance its business revenue and gain competitive edge over its peers.

Per diem nurse staffing market research report includes an in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD Million from 2018 to 2032 for the following segments

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Market, By End-use

• Hospitals
• Clinics
• Nursing homes
• Other end-users

The above information is provided for the following regions and countries

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East and Africa