Silicon Slopes-based Nursa, a groundbreaking healthcare platform with a mission to place a nurse at the bedside of every patient in need, has announced a significant milestone in its journey towards addressing the critical nursing shortage in the United States: an impressive $80 million Series B funding round led by Drive Capital (with participation from existing partners Pelion and Kickstart) and the completion of its executive leadership team to further tackle the healthcare industry’s escalating financial and nursing deficits.
Said Curtis Anderson, Nursa's founder and CEO, “Providers have operated on thin margins for years. We all know the definition of insanity is doing the same thing over and over and expecting different results. We cannot operate business as usual. The staffing shortage is bigger than nurses, agencies, and systems. As the need for care continues to grow across the country, we need a diversity of experts in tech, experience, nursing, administration, and healthcare legislation to solve this problem.”
The American Hospital Association has declared the hospital workforce shortage a "national emergency," predicting that the overall shortage of nurses will reach a staggering 1.1 million by year's end. This issue extends beyond operational and quality care concerns; it's a massive financial burden as well. A mere 1% decrease in nurse turnover can save an average hospital $262,300 annually. However, with federal incentives waning, addressing nurse staffing shortages without incurring additional financial losses has become nearly insurmountable.
Nursa is addressing this crisis head-on by expanding its leadership team with Amanda Duke as Chief Revenue Officer, Melissa Matross as Chief Product Officer, and Brad Taylor as Chief Technology Officer, all bringing a wealth of experience to diversify the platform's expertise. With the goal of mitigating the nursing shortage, Nursa has introduced a platform that connects hospitals, post-acute and long-term care facilities, and other community organizations with qualified nurses for each individual shift.
Said Molly Bonakdarpour, general partner of Drive Capital, "Staffing firms – even ones with technology – are severely limited in their ability to find specialized nurses with experience and credentials to fit their patient needs. Typically, these groups are limited to their existing networks, require contracts, and can’t staff for true per diem, increasing unnecessary costs for providers.
Founded in 2019, Nursa has rapidly grown to nearly 300 team members in its Salt Lake City headquarters and remote positions. The platform operates locally but has a national reach, collaborating with any organization in need of nursing staff to ensure the best possible patient care. Nursa's innovative platform enables facilities to swiftly and efficiently fill shifts with qualified nurses from their community, eliminating the need for bulk shifts and restrictive networks. To date, Nursa has secured more than $100 million in funding and has gained the trust of over 1,300 facilities and 95,000 nurse users.
