Nurse Staffing Attrition Thoughts?

by a searcher from Harvard University - Harvard Business School

2 years ago

Hi all, 

Have a nurse staffing business under LOI and in DD. 

They have W2 nurses that that staff out to hospitals and long term care facilities. 

Company has been growing every year but did some analysis and found that they have 50% nurse attrition every year and over the past 5 years, less than 5% come back per year. Still working thru the drivers of that but curious to hear if anyone has any experience in this space and can lend any thoughts on if this is typical for the space or if its a huge red flag.

Thanks!

1 like
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7 comments

searcher from Linfield College

If anyone has spent some time in the Nurse Staffing space, would be great to connect. Doing in depth work on the industry.

1 year ago | like reply | 0 likes

professional from University of Southern California - Marshall School of Business

More essential than ever: Interview employees before buying a business. And so is doing it the right ways at the right times. Watch my webinar recording: https://youtu.be/fOvfLJoW8Qk. You get a list of 20 questions. You'll hear how business buyers are blindsided by the seller's employees. And how to avoid it. Perspective: The pandemic is accelerating the decisions of employees and employers. Increasing dissatisfaction and changing expectations is something searchers need to delve deeply into before buying companies. Get this wrong, or too late, and you could (and probably will) regret your M&A transaction. We can Zoom if you want to talk about it.

1 year ago | like reply | 0 likes

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