Inspiration
I have several family members who work in healthcare, and have had several conversations with them about how the industry staffs clinicians, and how its often an inefficient process. This prompted me to do some googling, where I came across the statistic that over half of home health agencies have to turn down patients due to a lack of staff. I knew that there had to be a way to connect clinicians looking for a few extra shifts with agencies that desperately needed clinicians to staff shifts, and that's when the idea for StaffRx was born.
What it does
StaffRx is a mobile application that helps home health agencies find quality clinicians to staff home visit shifts. Home health is a rapidly-growing industry where agencies are having increasing difficulty finding enough qualified staff to satisfy patient demands. The StaffRx app helps agencies meet their hiring needs by allowing them to post unfilled shifts on the app, where clinicians apply to work them. This streamlines the temporary hiring process, enabling agencies to meet patient needs and increase revenue, while reducing hiring costs and administrative work.
How we built it
StaffRx is still in the concept stage, and I'm currently putting together a technical team to build the application.
Challenges we ran into & what we learned
I've definitely learned the importance of developing a business model. Early in the course I was very focused on the value proposition for both clinicians and agencies, but hadn't put a lot of thought into how StaffRx was going to capture that value. In addition, StaffRx is trying to create a two-sided marketplace, and having to field questions from Prof. Babin as well as my classmates made me realize that I hadn't developed a fully-baked strategy for how I was going to build up each side. After going back to the drawing board, I decided to start by using recruiters to fill vacant shifts at home health agencies, which would build up the demand side of the marketplace. Once I had brought on enough customers, I could then start using an application instead of recruiters to source and schedule clinicians, thus building the supply-side of the two-sided marketplace.
What's next for StaffRx
The next step for StaffRx is to conduct smoke tests with home health agencies to gauge their willingness to pay for such a product.
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