US hospitals are feeling the pinch in a big way, and the current nursing shortage is to blame. When there's a shortage of the workers that care for the people in the beds, hospitals have to scramble to staff up so they can keep those beds occupied. It doesn't look like the travel nurse industry is weakening anytime soon. In fact, according to estimates by Strategic Industry Analysts, the travel nurse market is projected to grow to $5.1 billion in 2018, accounting for about a third of the entire temporary medical staffing market. Staffing Industry Analysts are reporting that 15,000 to 20,000 traveling nurses are used each week in U.S. hospitals.
Short On Staff: A nationwide nurse shortage is forcing US hospitals to spend billions to recruit and retain nurses rather than risk patient safety or close down departments.