CareRev

Based in Los Angeles and Sacramento, California, CareRev operates an on-demand workforce platform that connects healthcare facilities with local clinicians for flexible per diem shifts. The marketplace serves acute care facilities across more than 32 metropolitan areas, encompassing over 70 health systems and 540 outpatient centers nationwide. Utilizing a mobile application and artificial intelligence tools like Smart Rates, the platform manages a network of over 35,000 registered nurses and allied health professionals while generating approximately $63 million in revenue. The company has raised $50 million in total funding from venture capital backers including Y Combinator, FundRx, and Industry Ventures. Operating with a corporate workforce of 250 to 300 employees, the business recently expanded its W-2 staffing capabilities to help hospitals optimize internal labor pools and reduce external agency costs. CareRev was founded in 2015.

High-Level Overview

CareRev is a technology-driven healthcare staffing platform that seamlessly connects healthcare facilities with local, flexible clinical professionals such as registered nurses, certified nursing assistants, licensed practical nurses, and technicians. It empowers healthcare professionals to take control of their careers by choosing shifts that fit their schedules, while enabling hospitals, health systems, outpatient centers, and skilled nursing facilities to efficiently fill staffing needs in real-time. This direct marketplace model eliminates intermediaries, reduces staffing costs, and addresses labor shortages by providing a scalable, on-demand workforce. CareRev currently serves over 32 major metropolitan areas across the U.S., partnering with more than 70 hospitals and health systems and over 540 outpatient and skilled nursing centers[1][2][3].

Origin Story

Founded by healthcare and technology professionals (specific founders not detailed in the search results), CareRev emerged from the need to solve persistent staffing challenges in acute care and other healthcare settings. The idea was to leverage technology to create a flexible, resilient workforce that benefits both healthcare providers and professionals. Early traction came from successfully enabling hospitals to fill last-minute shift openings and providing clinicians with greater scheduling flexibility, which helped reduce burnout and improve operational efficiency. The company has evolved to include features like the "Available Now" function, allowing hospitals to access clinicians ready to work within 24-72 hours, further enhancing responsiveness to fluctuating patient demand[3][6].

Core Differentiators

• Direct Marketplace Model: Connects healthcare facilities directly with clinical professionals, cutting out traditional staffing agencies.
• Flexibility & Control: Healthcare professionals self-schedule shifts via a mobile app, choosing when and where to work.
• Wide Clinical Coverage: Supports a broad range of clinical roles beyond nurses, including CNAs, LPNs, surgical techs, radiologic techs, and more.
• Real-Time Staffing Solutions: Features like "Available Now" enable rapid filling of last-minute shift gaps.
• Quality Assurance: Thorough vetting, onboarding, and ongoing performance feedback ensure high-quality care.
• Unified Workforce Management: Allows hospitals to manage permanent staff, internal resource pools, and external marketplace professionals as one integrated talent pool[1][3][6][7].

Role in the Broader Tech Landscape

CareRev rides the growing trend of on-demand workforce platforms and gig economy models applied to healthcare, addressing critical labor shortages and burnout in the sector. The timing is crucial as healthcare systems face increasing patient demand, cost pressures, and the need for flexible staffing solutions. By leveraging technology to streamline staffing logistics and empower clinicians with scheduling autonomy, CareRev influences the broader healthcare ecosystem by promoting workforce resilience, operational efficiency, and improved clinician well-being. Its marketplace approach exemplifies how digital platforms can transform traditional industries by enhancing transparency, speed, and user experience[1][3][6].

Quick Take & Future Outlook

Looking ahead, CareRev is poised to expand its footprint by deepening integration with health systems and enhancing platform features that improve workforce agility and satisfaction. Trends such as increasing demand for flexible work arrangements, digital transformation in healthcare operations, and acute care staffing challenges will continue to shape its trajectory. CareRev’s influence may grow as it sets new standards for how healthcare staffing is managed, potentially expanding into new clinical roles and geographies while fostering a more sustainable healthcare workforce model. This aligns with its mission to build the local, resilient, and flexible healthcare workforce of the future[3][6][1].