Fully Remote Medical Staffing Agency

Business Description

For sale is a 100% remote nationwide medical staffing agency based out of Sheridan, Wyoming. The company staffs per diem and travel placement of healthcare professionals throughout the country. Because of its strong pool of travel nurses, “Travelers,” and staff retention, the agency has a history of excellence and has not suffered through the COVID pandemic as other businesses did.

They had explosive revenue growth from 2020 to 2021 due to a spike in travelers as they recruited more actively. This growth has continued as they continue to attract RNs and other higher-end nursing roles. There are numerous contracts in place, and they have a trusted reputation. Each Contract for an RN ranges from $90-150 an hour on a 13-16 week contract, with an 18% margin.

They have 200 nurses working active contracts but also have a pool of up to 900 nurses on call for future agreements. Most of these nurses like moving between hospitals and as a result have very long tenures and will continue to stay with the company for years to come. Clients include hospitals, home health agencies, and longtime care centers.

The owners are ready to pursue different ventures; their staff is trained to run daily operations.

Financial Overview

Asking Price: $4,050,000

Revenue: $9,000,000 (2022)

Income: $900,000 (2022)

Multiple: 4.5x

The listing is either pending or closed so the NDA cannot be signed