IAC Acquires NurseFly to Expand Healthcare Recruitment Platform

On August 21, 2019, VCBeat (WeChat ID: vcbeat) learned from foreign media reports that internet company IAC had acquired healthcare staffing firm NurseFly. The specific financial terms of the transaction were not disclosed.

Following this acquisition, NurseFly will join IAC’s Emerging & Other segment and further develop its healthcare industry recruitment website.

Founded in 2017 and headquartered in San Francisco, USA, NurseFly is a human resources company specializing in the healthcare industry. Its recruitment platform, Bluecrew, primarily assists healthcare professionals in finding suitable cities for employment and short-term nursing assignments. Through Bluecrew, healthcare workers can browse and compare over 30,000 healthcare-related positions across the United States, accessing detailed compensation information from various staffing agencies. By aggregating data on healthcare jobs nationwide, the platform provides highly transparent recruitment information to healthcare professionals, helping them improve their success rates in job searches.

NurseFly helps healthcare organizations across the United States make rapid and accurate hiring decisions to alleviate workforce shortages in the medical field, thereby delivering better patient care. Healthcare organizations can access high-quality professional talent through NurseFly and review detailed candidate profiles, including credentials, skills, references, and prior work experience. Additionally, organizations can instantly connect with job seekers via the platform’s social messaging features. NurseFly has increased healthcare organizations’ hiring efficiency by an average of 300% to 500%.

NurseFly is free for healthcare professionals, while partner companies must pay a subscription fee to access the platform. Within 18 months of its launch, the NurseFly platform had partnered with more than 10% of healthcare institutions across the United States and featured over 30,000 job listings.

Parth Bhakta, Founder and CEO of NurseFly, stated, “Until now, short-term nursing has been an opaque industry, where job seekers could only passively wait for opportunities. NurseFly aims to transform the way healthcare professionals interact with employers, thereby alleviating the labor shortage in the U.S. healthcare sector. Our vision is to bring greater transparency to the healthcare human resources market and ensure high-quality patient care. We are thrilled to join IAC, as this acquisition will help NurseFly enter its next phase of growth.”

Adam Roston, Chairman of NurseFly, stated, “NurseFly is transforming the recruitment process through the power of the internet, enabling more people to access job opportunities and enjoy a digitalized job-seeking experience.”

IAC, founded in 1995, is a leading global internet media company. Headquartered in New York, USA, the company maintains offices in multiple regions worldwide. IAC owns more than 150 well-known brands and products, including HomeAdvisor, Vimeo, About.com, Dictionary.com, The Daily Beast, Investopedia, and Match Group. Its websites attract users from over 190 countries, with monthly visits exceeding 2 billion.

(Compiled by Hu Yifan)