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The
Future of Travel Nursing
The travel nursing industry has been on
the upswing for 30 years. Through this 3-decade old history,
it's had its fair share of ups and downs when it comes to
supply and demand. Hospitals and clinics across the country
are guaranteed to experience staff shortages from time to
time. In addition, many hospitals were forced to adapt policies
where a higher nurse to patient ratio would be administered.
Along with the creation of vendor management systems, travel
nursing has been a healthy business far and wide.
Through the late 80's, the travel nursing
machine experience its peak, with close to 10,000 nurses available.
Today, there are 20,000+ registered travel nurses that form
part of a $2 billion dollar industry, with many staff agencies
both large and small - sharing in the pie. As of April 2006,
there are around 5000 openings available when a decent 2500
were available three years ago. This speaks volumes over the
potential of the healthcare travel industry in the future.
Travel nursing allows experienced and honed
nurses to practice their craft caring for patients while exploring
different parts of the country while collecting a salary up
to 20% higher than a standard nurse. As aforementioned, the
industry has had its share of ups and down. Currently, the
travel nursing industry is experiencing an up-swing, with
experts predicting a high rate of growth for nursing positions
in the next decade. According to statistics, there will be
a 29% increase in travel nurse demand by the year 2020. For
nurses doubling with physical therapy as their specialty,
the need right now exceeds the amount of qualified candidates
- which spells good news. Because of advances in technology,
retirees, incoming trainee nurses, and more - travel nursing
has become pivotal in the medical environment.
Along with improving technology comes a
need for travel nurses to become semi experts in a related
field. Today, traveling nurses are required to fit into specialized
areas like triage units and intensive car units. In addition,
those with hefty experienced with CT and MRI procedures are
in ultra-demand and get better salaries. Because of this,
nurses are required to hold more credentials than ever. These
include experience with delivering room procedures, natal
work, and more. Given the fact a traveling nurse's skill set
improves through time, specialty unit expertise is less guaranteed
in the field - making those with it exceptionally paid.
Trends point to warmer climate states receiving
the most requests for travel nursing assignments - like Florida,
Texas, Arizona, and California. Older people tend to live
more in these areas, which call the need for more travel nurses.
In addition, larger scale hospitals are always in demand for
seasoned travel nurses.
To conclude, travel nursing is set to experience
an upward trend for the next couple of years. As hospitals
and clinics become more technologically advanced and staff
shortages continue to escalate, the need for travel nurses
will hit a healthy high. For those with specialties, the good
news extends even further - speaking volumes over the power
of travel nursing as a bona fide occupation.
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