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Aya Healthcare expands to UK with acquisition

17 January 2024

Aya Healthcare, the largest US healthcare staffing firm, expanded into the UK with the acquisition of ID Medical. The deal closed 10 January.

Terms of the transaction were not announced.

“We are excited about ID Medical joining the Aya family of brands,” Alan Braynin, president and CEO of Aya Healthcare, said. “We believe that we will deliver enhanced value to our respective clients and clinicians through this cross-Atlantic collaboration.”

Aya Healthcare dominates the US healthcare staffing market with 2022 annual revenue of $11.2 billion and an estimated market share of 16.3%. The company has grown significantly over the past few years driven, in part, by the development of its proprietary staffing platform. While the company has been very acquisitive, this deal represents its first venture outside the US.

The deal will enable the sharing of best practices from each market, according to Aya. For example, Aya will deploy its technology and solutions in the UK with a goal of bringing greater efficiency. In turn, US operations can take best practices from ID Medical’s experience in float pools, referred to as staff banks.

ID Medical is based in Milton Keynes, UK. It provides the NHS and other healthcare organisations with MSP services, staff bank management, locum tenens, allied staffing and international recruitment. However, ID Medical also has an office in India that performs some recruiting and back-office functions.

According to SIA’s Largest Healthcare Staffing Firms in the UK report, ID Medical is the 7th largest healthcare staffing firm in the UK with 2022 annual revenue of £145.3 million and an estimated market share of 3.2%

ID Medical will continue to operate under the ID Medical brand.

“We are excited to join Aya in our shared mission to transform the healthcare industry worldwide,” Deenu Patel, CEO of ID Medical, said. “With Aya’s support, we’ll have access to additional resources, technology and expertise to enhance our services and expand our impact.”

Patel will remain with the company.