As an industry, healthcare and social assistance has expanded at a compound annual growth rate (CAGR) of 3.6% over the past decade, in becoming a $1.5 trillion dollar industry in 2017. The industry accounts for 7.5% of US GDP.

In healthcare, there has been a shift from the traditional view of seeing IT as an expense to embracing it as a line of business. With nearly all of the nation’s hospitals having achieved meaningful use (MU) of certified Electronic Health Records (EHRs), budgets have shifted from compliance-based implementations to strategic revenue generating and cost efficiency initiatives.

We estimate healthcare represents a $2.6 billion segment for US IT temporary staffing and $300 million for US IT direct hire staffing, together accounting for a $2.9 billion market.