Meet The Next Billion Dollar Start-Up That's Revolutionizing Nurse Staffing | Forbes
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- เผยแพร่เมื่อ 19 ต.ค. 2021
- By helping hundreds of hospitals like HCA Healthcare hire nurses faster and with less aggravation, Iman Abuzeid has built the rare VC-backed startup that’s already profitable. It likely won’t be long before it becomes a unicorn.
Iman Abuzeid walked into the Andreessen Horowitz annual barbecue in the summer of 2019 with two term sheets from other VC firms already in hand, but she was determined to leave with a third. The cofounder and CEO of Incredible Health was sure she wanted a16z managing partner Jeff Jordan, the former CEO of online restaurant reservation marketplace OpenTable and senior vice president at eBay, to help grow her nurse hiring startup.
What she didn’t realize is that she would not only land a key investor that night but also one of her company’s marquee customers. Amid the endless trays of hamburgers and ribs at the home of Ben and Felicia Horowitz, Abuzeid, 36, walked past Tina Knowles (Beyoncé’s mom) and CBS anchor Gayle King, and honed in on Bernard Tyson, the late CEO of Kaiser Permanente. Abuzeid says she started the conversation with Tyson the same way she does with all hospital executives she’s pitching. “We’re in a huge nursing shortage,” she tells them. “I’m guessing your units are understaffed, and they don’t have enough nurses?”
Incredible Health cofounder and chief technology officer Rome Portlock
Incredible Health cofounder and chief technology officer Rome PortlockINCREDIBLE HEALTH
Within a month of that barbecue, San Francisco-based Incredible Health, which Abuzeid cofounded with chief technology officer Rome Portlock, 41, had landed Jordan’s firm as the lead investor of its $15 million Series A round. Soon after, it also had inked a deal to work with Kaiser, which encompasses 39 hospitals and is now one of her company’s biggest customers.
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What the world needs now more than ever is entrepreneurs like this beautifully talented lady
What a beautiful and smart lady!
Girl who vanished from Australian campsite found alive in locked house close to home
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Tech+Health = billions.
You got it! Billions paid, Billions made.
Girl who vanished from Australian campsite found alive in locked house close to home
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@KittyKat well even if the video content is too related to health, think about it, any time health and tech mix, billions are made.
@KittyKat yeah you just need basic web development skills. Nothing extraordinary. She just got the idea and took action.
ELISABETH HOLMES enters the chat 😹😹😹😹😹
Man, this is incredible. For someone who works in staffing/recruiting/HR, this is awesome.
@@egm5278 same thoughts~
Very inspirational. I hope she continues to build on this much needed service and has more success along the way!
When i hear such stories i get excited and know am not far off...
The major issue I have with using algorithm via looking at individual resume is that they skip over resume because they don’t have certain key phrases/words which ultimately throws away Qualified applicants
Not convinced an algorithm will get you the “best” talent.
I think it requires nuance that an algo may miss. Maybe nursing is more black and white where algos perform better
Or one can rephrase it, "A good resume doesn't always bring the right employee that fits your company's needs". Staffing will always be a gamble.
wow amazing, I love that she is an African woman who started the next unicorn business.
Don't be racist Please
Our nurses are supposed to bathe the patients every morning and every evening to prevent the spread of diseases. They need to change bed pans and advise the doctors of ANY problem with the patients. They don't need a college degree.
@@Charlie-502 Google the definition of racism. Smh
racist
RACIST!
I am a cvicu travel nurse that has worked in 10 hospitals in 10 states in the last 3 years. This is not revolutionary. I have agencies who automate the job offerings online. I can just pick the state I want to go to and it matches me based on my experience to the hospitals who are looking to hire someone like me. Aya Healthcare, Fastaff, Maxim, Fusion, etc. All these companies have such platforms like she described. To make it truly revolutionary, if she can get every hospital in America on her platform then that will definitely be revolutionary. Because right now, certain hospitals have hard contracts with certain agencies and they only use those agencies for their staffing.
Bingo!!!
I was thinking like we already have this in Denmark and was waiting to here what was revolutionary 😊
Don’t hate the player…
Thanks for giving us insight on this topic. Much needed.
she said she has 500 so far.
Awesome! Congrats! My late beloved mother was an RN, as are many relatives. This service and technology should have been around in the 70s, 80s and 90s. The best is yet to come. Amen. Prosper!
Yes!!! HCA reached out to me-I receive this blessing!!
Wow! Incredible: The idea, the guts and the woman!
I didn’t understand any of her business but I’m happy she’s seeing success and hope she does more.💪🏿🙌🏿🔥
Staffing/employer agency for healthcare
😹😹😹😹 Me neither.
😂😂
Too sophisticated for you? lol
@@hha8171 😂🤣😂yes it was, I did watch the video twice but I still didn’t understand though I did hear about the health part but I’m happy for her.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless
I invested and lost my money. maybe i didn't have a goal. Though, I was advise to get the services of a broker. i never listened.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well
what i think you need is a Financial Adviser, who can help you get in and out of any stock you buy at any time and you'd sure be in Profit
who would you recommend?
The difference between a regular recruitment agency that has human recruiters on the phones reaching out to clients vs her firm is similar to the difference between a librarian and Google. Massive advantages of scalability when you use algorithms and software instead of humans. A human recruiter can only interview 10-20 candidates per day, but an algorithm can match an unlimited number of candidates everyday.
As a candidate I will rather deal with a human being
Girl who vanished from Australian campsite found alive in locked house close to home
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>difference between a librarian and Google
LOL This just shows that you don't know what Google or Librarians are. The hospitals are understaffed because they are ran as businesses. Workers getting overworked is done on purpose. Also, 10- 20 candidates? Those must be some real short interviews.
> an algorithm can match an unlimited number of candidates everyday.
Ah yes. Because algorithms can't be wrong. lol The problem IS the algorithm. Just look at the major issue we have now, where algorithms kick out many good candidates because they can't into nuance.
I think it should be a combination of algorithm and humans.
1.Um Google and Librarians have different functions.
2.Algorthtmns follow patterns i.e. they can be gamed.
She's goals 💖
She understands the assignment
The problem is the staffs pay. Forget the rest. It won’t matter until you pay them substantially more .
Absolutely spot on
Nurses are making 6 figures nowadays what are you on about
The market always corrects itself. If they could command more they would be paid more. How replaceable is a nurse vs a surgeon ? The market isn’t concerned with emotional views on wages
@@sqwale7 lol if you think we need surgeons more than nurses or allied health I know you’ve never worked in a hospital. They’re not run by physicians.
@@Bobbyfuckingaxelrod I take it you didn't understand my comments. It's not a matter of who we need it's a matter of who is easier to replace. Your salary is completely dependent on that. Well one could argue that a clean hospital is extremely important and we absolutely need cleaners for that to be true but that doesn't then mean cleaners get paid more coz they are easier to replace.
Lebron gets paid more than Dwight because he is harder to replace.
"Over work and under appreciated" Please stop saying that. It's over worked and under payed. We don't want your appreciation. We want compensation.
Well done young lady! Keep it up and kudos for making a big splash in the market.
Great job sister, proud of you being a 🇸🇩
This is a publicity stunt. Our nurses are supposed to bathe the patients twice a day, change the sheets, change bed pans to prevent the spread of diseases.
They need to observe the patients and notify the doctors of any problems with the patient's recovery.
They don't need college degrees.
Great to See it. Hope she goes far!
Beauty and brains!!...
Extremely rare
This is so me!!! FORBES!!! What a start!!!
Impressive indeed!
Kudos to her .
I saw this video and the first thing I thought was, I wonder what their hiring process is like and the career page. No clue how it even popped up but good kuddos because I would take a bite after seeing this.
This is really a sponsored story...
AMAZING! Reminds me of Janice Bryant Howroyd!
This is really a great woman!
What a boss! I want my daughters to have this work ethic and change the world for the people. #girlsrule
What an inspiration!
Pre screening technology is nothing new that's Applicant Tracking System or ATS in short; I hate it.
I didn't study biology to then have to do Resume Optimisation (basically computer technology) only to pass around the ATS software for that specific job posting.
Using computers to do a pre-screening only means you hire the people who are best at writing keywords in their documents not necessarily the best person for the job, especially not if the job isn't even remotely related to writing skills.
This is just basic software engineering technology. Nothing new here.
It would be best if the technology is able to identify talent through maybe applicant videos rather than a resume, videos wud demonstrate skill better than a resume.... I'm just saying, I cud be wrong
Unless this algorithm sifts through terabytes of someone's metadata online to build a profile on them:
1.That is if they have an extensive online presence.
2. Their online presence is not manufactured (that is my real face and name btw)
@@agentsmidt3209 I am old enough to have watched the matrix. I totally believe you.
But unless we are actually plugged in; making our 'online' presence the only presence then any such profile being made would be highly inaccurate.
For example; if you believe my fb pics I am an alcoholist; in reality I drink alcohol less than 7 days a year.
Most of us have very divergent online profiles from real life behavior.
@@dodopson3211 All kidding aside...what worries me is IOT, Metaverse, NSA's "By-standers", A.I manipulated/created videos, and the US legal system. The latter's jurisdiction seems to have no bounds on this planet. The government that literally cook up phony reasons to get a judge to sign off on a wiretap, and or assassination because "national security"; no proof without "reasonable doubt" needed. We have made the legal system to be end-all as if it was ordained by some higher being and it is run by saints. We need to ask ourselves who creates these laws, who are our "peers", who determines whose fit to represent as our "peers", redefine treason, redefine journalism, rights of whistleblowers etc...
Now even if a person is not "plugged in", unless they were born in a hermit's enclave in some deep dark woods in some uncharted territory...chances are their info has been recorded one way or the other by some degree of separation. I will commit a sin here and offer some anecdotal evidence...I am not on social media, but a few months ago a coworker to a picture of me (unbeknownst to me) and posted it on their Instagram profile. The picture got a lot of reactions and whatnot and another coworker came by my work area and showed me the picture, that, btw, was forwarded and shared with/by others...I have no idea were that picture landed and I have no control nor ownership of it. There is no reduction law, nor algorithm in this world that can erase that picture in its entirety. NSA's by-standers SOP can figure out were I am even if I do not have any IOT device with me nor "online presence". The newer generation are notorious for recording EVERYTHING in their daily lives, no matter how trite and "inconsequential" it may seem to us technophobes. If you live in this society, your DNA, walking gait, writing style, buying patterns etc... have all been documented.
This is an amazing concept!!!
Well said
Proud of her
Thank you
Wait...how old is she. She looks 20s but her experience says 40s 🤔
She definitely doesn't look like she is in her 20's. Who are you fooling?
@@mirabella2154 She could easily pass for 27/28. Don’t be a hater Mira.
@@h.o.y.o Bullshit.
She looks 31 minimum. Amazing skin minimal creases around her eyes, and nasolabial folds. Her face is less full than someone in their 20s. But it's her makeup colour pallette choice, jewellery and shirt that gives away her age more it's quite 90s. But that's not what's important here.
Her article on Forbes says she's 36
Awesome interview! 🙏🏽👍🏽💃🏽
Thanks 😊
Now that's a company i'd love to work with
This women is so impressive 👏
Proud of you as a Sudanese
Great job. Go girl😊
Amazing, love it ♥️🙏🏻
Yes!
Like her mindset. She thinks like me. Tech is Growing. Its all about taking risks❤️
I've seen these ads for incredible health.... Hmm interesting to know more about the company
rooting for her!!!
This sistah is killing it
Awesome 👏
Bravo 👏 👏
Excellent idea ..I work in healthcare and we’re always short. When I go to Walmart after work, I still have to work since they are short too. 😂
👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿well done sister
Wow!
Jump into the lion's den. Health care placement companies are a dime a dozen.
Finally a sister from Sudan very proud of you ❤️👍
Employers apply to the applicants? Woah.
Then want to pay them peanuts
Yes!!!👏🏿👏🏿👏🏿👏🏿
Love.
Brown skinned woman + Billionaire headline = instant view from me! 🤍
Go Wharton alumni!
HCA doesn't pay their employees well or treat them great so I would really be skeptical about this.
Any links?
I know that there are still lots of things to be improved in the health cere with the aid of technology
BIG BOSS!!!
So what’s the stock calledv
Smart!!
Soooo when’s the IPO?
Ha! Over worked and under appreciated is an understatement !!
Elisabeth Holmes like wait a minute 🤣🤣🤣🤣🤣
This only works for nurses who are looking for jobs in the specialty they are already in. For those nurses who are looking to change specialty this system may become a road block….
Software will change/update with new features as market demands pile up
Big up!
Let's do it my African sister!
We must take risks, go for it.
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
you are definitely right , waiting on the government is a big waste
Investments are the stepping Stones to success especially if you been guided by a professional
Investing is good but investing in the right thing is the actual key to success . who is your pro ?
That was exactly what I did, I trade with a professional stock expert "Tamara Diane Hagan " who i met in one of the seminars..
There are so many investment out there but if profits must be considered then not all investments are good to go into.
is there anything like this in Australia?
Can't understand how her business runs. Can anyone simplify it? Much appreciated.
This topic is very interesting.
The problem lies within the truth of how people are paid and working conditions. Neither are at a standard worth celebrating. Exploitation.
And she's helping keep down that pay and working.
@@MrDdub619 Disgusting, considering that you want to hire the best. One thing that is common, staffing agencies tend to only employ the lower skilled people who cannot find a full-time hospital role.
@@BowWowVideo That's not necessarily true. Many nurses choose staffing agencies because they don't want the full-time hospital role because it freaking sucks. Instead, the agency pays more hourly and provides flexibility. They get to make their own schedule and not work full time anymore.
@@kkb2844 The key word is "not necessarily" that you point out. Since I think and express myself in absolutes, not necessarily supports my view. Something is or isn't and this is exploitation.
@UCZrNefX7wPlusHAy2rVCn7Q That would be to Covid burnout and the same issue will apply. Agencies will take whatever they can get and 1 year is not the rule or standard. You don't have to work in healthcare, but I own a clinic and this should not make a difference.
oh yea she's gonna go far
Wow ..
A medical doctor
An Entrepreneur
Uff 🔥🔥🔥🔥🔥👍👍👍
she’s a smart and good looking woman
This is what a kandaka is. Strong, smart and beautiful.
This is what we call beauty with brain
Great for her, medical providers and companys. Bad for medical professionals.
People are not having a hard time finding jobs in the medical field, it's the pay. Organizations are not paying.
This system is baselining pay and eliminating pay negotiations. Medical professionals should be highly paid in the current environment. This is why more and more nurses are drifting to travel nursing roles.
It be you own....
Please don't try to embellish this idea. This is just a basic recruitment company for health workers. There are loads of them
@@ot4625 I see that you are new to startups. This is a paid advert. There are a dime and a dozen
Smart and beautiful!
Another layer of billing taken from the nurse's pay
Can u spread this to the UK?
Beauty and brains 😍
My life!!! Restoring
In no way this is revolutionary.
So LinkedIn for nurses?
Recruitment agency?
If I'm guessing right hospitals in the U.S unlikely to hold employers long-term so cost saving is needed.
Cost savings is a worldwide problem in the health sector, There are plenty of experienced nurses to fill jobs but hospitals won't hold them for long-term. Recruitment gives access to fill positions while being flexible to fulfill
other hospitals as well if needed. But like Covid has proven capacity and training can be problematic.
Many staffing software systems do this????
Yes a bunch. But this is unicorn, maybe well funded by silicon valley.
Ok Forbes, WHY, why so low audio?
Doctors will complain about staffing hospital administrators would say dang what have finally staffed unit... Just enough staff that the unit isn't actually going to burn down... I feel there are many who are fine with fires, just not growing ones
We need more vedios for you, eman please🥺
How many turtle shells does this save
Bravo . Black lady shinning . Hallelujah
She is Muslim ☪️.
So basically a nurse agency but run by doctors, who probably pocket more for themselves.
How can I replace same business model?
What's the ticker for this company, and are they public? I'm trying to invest!
Yes me too