Becker's Healthcare December 4, 2024
The physician staffing industry is facing significant turmoil, with three major firms either shutting down or filing for bankruptcy in the past two years.
Financial challenges, shifting workforce dynamics and evolving hospital needs have contributed to the decline in these companies’ viability.
Most recently, NES Health announced plans to shutter operations following financial challenges. The firm’s recent financial difficulties have left emergency department physicians at multiple hospitals unpaid.
“As you are aware, in recent months, NES America has experienced financial difficulties,” the company said in a Nov. 22 email to physicians posted on Reddit. “NES does not have any funding or available cash. Consequently, NES will not be able to provide malpractice tail coverage…NES has made the difficult...
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