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Nurse Agency Economics Supply And Demand


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Executive Summary - The service I have selected is that of a nurse staffing agency. The nurse staffing market is competitive in nature ranging from small local operations to that of a national or international operation. Despite a large number of nurses, roughly 1.7 million nurses, entering the job market since 2001 there are nurse staffing issues in many facilities and an overall shortage of nurses in most states. For example if current trends continue, by the year 2020 there will be a 57% shortage of nurses in New Mexico and a 35% shortage in Colorado. One factor affecting demand is that the overall population is getting older thus increasing the demand health care services and especially those services provided by professional nurses. Still another factor is that even though the numbers of nurses increased during recent years a large number of nurses are retiring or will retire in the near future affecting the overall supply of nurses in a negative way. One other drawback......

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Approximate Word Count: 4172
Approximate Pages: 17 (260 words per double-spaced page)

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