ShiftMed Ranked Number 164 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™
Leading workforce management platform earns spot on Deloitte Technology Fast 500 for fourth consecutive year
McLean, Va. – November 21, 2024 - ShiftMed, the leader in On Demand workforce technology, today announced it ranked number 164 on the Deloitte Technology Fast 500™, placing among the 500 fastest-growing companies in North America across the technology, media, telecommunications, life sciences, fintech, and energy tech sectors. This recognition highlights ShiftMed’s remarkable growth and dedication to improving the healthcare workforce.
ShiftMed’s technology platform connects healthcare facilities with a network of qualified professionals to quickly fill open shifts and maintain consistent staffing levels. With its innovative workforce management approach and user-friendly platform, ShiftMed has become a trusted partner for organizations of all sizes, driving workforce optimization while providing flexible opportunities for skilled healthcare professionals.
"We’re honored to be named on the 2024 Deloitte Technology Fast 500 list for the fourth consecutive year,” said Todd Walrath, CEO of ShiftMed. “This recognition reflects Shiftmed’s commitment to advancing healthcare workforce management and our dedication to expanding support for health systems nationwide. Looking forward, we’re eager to strengthen our partnerships with healthcare facilities and professionals, and to introduce new collaborations.”
“Innovation, transformation and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”
ShiftMed has focused on expanding its presence in health systems of all sizes, achieving 719% growth during this period. Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 186,373% over the three-year time frame, with an average growth rate of 2,097% and median growth rate of 458%.
About ShiftMed:
The ShiftMed Workforce Management Platform empowers healthcare facilities across all segments—from hospital systems and post-acute care centers to in-home providers—to reduce costs by optimizing shift fulfillment. By intelligently routing order flow to internal teams and on-demand float pools, ShiftMed minimizes contract labor and returns control of workforce spending to healthcare leaders. Seamlessly integrating with existing HR and scheduling systems, ShiftMed provides a comprehensive view of workforce expenses.
ShiftMed offers a suite of solutions tailored to meet specific needs. ShiftMed Flex equips internal staff with a custom-branded mobile app, enabling them to fill scheduling gaps and reduce overtime costs. ShiftMed On-Demand expands internal float teams, reducing reliance on travel and contract nurses. The ShiftMed Unlimited Network delivers unparalleled shift fulfillment through the world’s first Digital MSP, ensuring consistent, high-quality care coverage.
About the 2024 Deloitte Technology Fast 500:
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Media Contact:
Jensen Charbonneau
AM Public Relations for ShiftMed