| Hospitals and healthcare are definitely on the reliable | | | | immigration offset (or even new young immigrants |
| growth pace. Current industry trend is really reverse to | | | | inflow reversed the aging process) was not as active |
| what you would expect, being new to this sector - this | | | | as in United States. Senior population requires more |
| is shortage of nurses and medical professionals, | | | | medicine attention and potentially will increase the |
| meaning that it is rather challenge to find certified | | | | workload for healthcare staffing organizations, who |
| applicants, and not really to get new contracts from | | | | supply hospitals, nursing homes and retirement |
| healthcare organizations. This trends requires the | | | | communities with nurses and medical doctors. |
| investors to look at healthcare staffing agency from | | | | 3. Baby Boomers "contribution". It is believed to be a |
| the perspective of its popularity among nurses | | | | factor and it should begin its population aging |
| community - getting nurses opinions on which | | | | contribution, in the sense that baby boomers will |
| company is "better" - in the senses of being more | | | | approach retirement age in five-ten years from now. |
| friendly, offering better conditions, including faster | | | | Maybe it is over estimated, however as new |
| paychecks issuance. As medical staffing companies | | | | population is growing due to current high rate of |
| actually sells services in the form of recruiting fees, | | | | immigration into US. |
| plus W2 services to their medical temps - you should | | | | 4. Healthcare placement competition is rising. Still, we |
| feel the nature of the risks and the opportunities: they | | | | see large number of privately owned recruiting firms, |
| are at the management experience, passion and | | | | who are strong on the local and sub-regional markets, |
| competence side, not in real material assets, such as | | | | so the best way to grow is merges and acquisitions, it |
| plants, production tools or even buildings. Let's try to | | | | is not a good time for new operations launching in the |
| see the pro and contra arguments: | | | | regions. Obviously it is too optimistic to predict that all |
| 1. Economy Cycles: Booms and Recessions - | | | | of these healthcare staffing firms will be absorbed by |
| healthcare is always in demand, so it should be | | | | public healthcare placement providers, however the |
| considered stable and not really exposed to economy | | | | trends are out there. |
| cycling. This statement might be considered as a trend, | | | | 5. Sun belt states syndrome. Retiring population has a |
| however some companies will suffer from bad | | | | trend to sell their mortgage paid single family houses in |
| economy, but in our opinion mostly due to the | | | | New England, New York, Illinois, California and other |
| recession "atmosphere". | | | | mid-west or northern states and move down to |
| 2. US population "aging" - this is similar to what was | | | | Florida, Texas, Georgia, Arizona, and others sun belts |
| long times seen in Europe and Japan, where | | | | states, where they surge new medical nurse inflow. |