Medwing is disrupting the healthcare recruitment marketplace with its innovative platform that connects healthcare workers with the best potential employers. With this new funding, Medwing will be able to further expand its reach and services, making it easier for clinicians and hospitals to find qualified personnel in a timely manner.
Medwing is a young company started in Berlin in 2017. It offers a platform that connects hospitals and clinics with nurses, elderly caregivers, pharmacists, midwives etcetera. The company claims that this innovative way of connecting healthcare professionals will enable better care for patients.
MedCredits hopes to make the healthcare industry more efficient by introducing a digital workflow that connects job seekers with medical employers. This platform is currently available in Germany and the U.K., where it claims some 5,500 registered medical employers and 500,000 healthcare professionals. With this system in place, both parties are able to access an entirely digital timeline spanning job search, contracts, signatures, and timesheets. This allows for a more streamlined process that should improve efficiency within the healthcare industry overall.
The current permanent recruiting and temporary staffing market in healthcare is broken and still very manual and analogue. Bringing this to a digital marketplace will not only save costs for the healthcare system overall but also increase the service levels for healthcare workers and hospitals.
The Medwing platform connects patients with qualified healthcare providers, so they can find the best care for their needs. Whether it’s general
Healthy sector
The race to bring the first truly livable and affordable smart health service is on – and the contenders are already raising mountains of cash.
Perhaps the most well-known player in this space is ShiftMed, which last year secured $200 million in a Series A round led by Meritech Capital Partners. Nomad Health, meanwhile, raised $105 million earlier this year; Incredible Health snagged $80 million back in 2017; and Vivian Health pulled in $60 million late last year.
Unlike the U.S., where private companies dominate the e-commerce space, in Europe there is a greater emphasis on localized marketplaces that connect small businesses with consumers. These marketplaces allow for both large and small businesses to sell their products and services online, helping to drive down prices for consumers and boosting local economies.
With an expansive temporary staffing platform, Medwing is aiming to set itself apart from other players in the market. The company works directly with major healthcare clients, such as Charité University Hospital in Berlin, and also supports traditional recruitment agencies looking to market their own temporary staff on its platform. This focus on flexibility and specialization has made Medwing a popular choice among employers, who appreciate the company’s ability to provide them with a wide variety of talent options.
Often, when one is looking for a certain document or piece of information, it can be hard to come by quickly and easily. This is especially true if the document or information is located in a far-off area of the institution. However, thanks to the new file-sharing system implemented by University Libraries, Temporary Request Service (TRS), users now have an easier time getting what they need. This system allows for faster processing of requests
Medwing is a German-based medical technology company that plans to expand into the United Kingdom and other European markets in the near future. It has raised over €43 million in funding so far and is expecting to reach profitability by the end of this year based solely on its existing presence in Germany and the U.K. The company plans to reach even greater heights by expanding into other countries within Europe as well as outside of it.
This is an interesting development, as St. John’s Medical Center looks to become the European healthcare provider of choice for talented individuals looking to work in the medical field. With so many advances being made in healthcare all over the world, it is important for companies like St. John’s to stay ahead of the curve and offer their employees a variety of options when it comes to working within the medical field. This will give them a major advantage over their competitors, who may not be able to offer such opportunities.
Many Silicon Valley banks are facing scandal after a employee leaked confidential information about the company. SVB Capital, the VC entity of SVB, was one of the contributors to Medwing’s Series C round. This raises some questions about how much risk Medwing is taking by investing in a bank that is under scrutiny from regulators.
SVB Capital is a venture capital company that has been investing in startups for over a decade. In light of the collapse of SVB Financial, their shared parent company, SVB Capital is reportedly selling off its assets and it does not appear to have an impact on their cash outlay to Medwing. They continue to invest in startups and support the growth of innovative companies globally.
