- The United States’ projected future deficit of over 1 million health care workers created a need for drastic change in how nurses are hired
- Career matchmaker reverses roles and has employers (hospitals) apply to employees (nurses), resulting in happier nurses and patients and an improved healthcare system
- Incredible Health began offering a free continuing education unit (CEU) specifically during the pandemic to help retired nurses reenter the workforce
About Incredible Health
Incredible Health is a career marketplace for permanent health care workers. Unlike traditional job boards, employers such as hospitals apply directly for potential employees like nurses. This is the first and only platform in the industry that focuses on permanent employees rather than contractors. As proof of traction, Incredible Health is already being used by over 150 major California hospitals, including Stanford Healthcare.
Healthcare workers make up the United States’ largest labor force, and unfortunately it’s the industry that’s believed to experience the most burnout. Within the next five years, the United States will face a shortage of over 1 million nurses. As a result of understaffing and nurse burnout, hospitals experience a 20% annual turnover rate. Understandably so, high stress leads to unhealthy living and unbalanced lives. Exhausted nurses increase the chances of errors with patients’ medication by 20% and patient-to-nurse ratio errors by 13%. Even worse, overworked, fatigued, and understaffed nurses are 2.5x more likely to quit, leaving patients and hospitals in a difficult position at the most inopportune times.
To make up for the lack of nurses, hospitals often expect nurses to work longer shifts, resulting in burnout symptoms such as increased stress levels, lower energy and emotional tolerance, sleep deficiency, and physical injuries. Burnout also affects patient care: When nurses are mentally and physically exhausted, medication errors skyrocket by 20%. Hospitals also see an increase in patient readmission and patient death. For every additional patient added to a burnt-out nurse’s care, the probability of patient mortality increases 7%.
However, the challenge isn’t solely burnout and short turnover rates; it’s an inefficiency in how hospitals scout talent. Incredible Health set out to solve the $1.6 trillion labor problem in healthcare, starting with 60% of the market: nurses.
By reimagining the career marketplace for permanent nurses, Incredible Health expedites the hiring process and helps hospitals hire great staff at a fraction of the cost (previous average: $20K per new hire). The ideal outcome: Maintain healthier nursing staff to help ensure higher quality patient care. Incredible Health is striving to provide better outcomes for everyone, starting with those who care for us every day—nurses.
This career matchmaker puts nurses in the driver’s seat. Once they sign up online, they can sit back and relax as hospitals apply to hire them. With Incredible Health, nurses receive an average of a 17% salary increase and a 15% commute time decrease. This is the only platform in the industry that truly cares on an individual level. They provide career and personal support via a dedicated career coach to ensure that the nurses are hired into a position that meets their, and the hospital’s, needs. These coaches are former RNs who help with every step of the process, from resume building and interview prep to salary negotiation. The company also offers free wellness events because the people who care for others need care, too.
Incredible Health’s COVID-19 Response
In March 2020, this platform launched a first-of-its-kind free offering to help nurses across the United States obtain or renew the licenses required to practice. This continuing education unit (CEU) offering was specifically launched during the pandemic to help retired nurses reenter the workforce and ease the financial burden that practicing nurses face when their licenses are close to expiring. Since the launch, tens of thousands of nurses have signed up for the course, and more than 26,000 courses have been completed.
Incredible Health also recently shared the results of a data report that provides firsthand nurse insights into the impact of coronavirus on the nursing landscape and hospitals.
Since launching the beta in 2017, Incredible Health has earned an average of 200% growth month-over-month, making it the fastest-growing hiring platform for nurses today. Other accomplishments include:
- Employers hire applicants 25x more efficiently than through traditional channels, a testament to the custom talent matching and automated screening technology
- Nurses who use Incredible Health are hired 3x faster than through traditional channels (25 vs. 90 days)
- Nurses hired through Incredible Health receive an average of 17% salary increase and a 15% reduction in commute time
- Application time is reduced by 90% from 45 to 5 minutes
- 96% of hired nurses recommend Incredible Health to friends or colleagues
- Incredible Health is used by over 150 California hospitals and is expanding nationally
Incredible Health’s goal is to help health care professionals live better lives and do their best work.
Incredible Health won the Gold Stevie for Startup of the Year - Business Services Industries and the Silver Stevie for Health care Technology Solution in The 2020 American Business Awards®.
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