Brian Gormley of The Wall Street Journal discusses the appeal of IntelyCare in the midst of our Series A fundraising announcement.
Technology will be central to overcoming a national shortage of nursing professionals, according to IntelyCare, the developer of an app for health workers.
Investors have committed $10.8 million in new funding to Quincy, Mass.-based IntelyCare, whose app matches nurses with open shifts at health-care providers.
The Bureau of Labor Statistics has projected employment of registered nurses to grow much faster in coming years than the average for all occupations, citing factors such as the aging population, financial pressure on hospitals to discharge patients to outpatient care, and a need to replace retiring nurses.
IntelyCare uses an app to connect health-care providers and nurses. Through its algorithms it can predict for clients when they will need to increase nursing staff to meet demand, co-founder and Chief Executive David Coppins said.
To read the full article, visit www.wsj.com.