When it’s a global pandemic and you’re facing a shortage of health care workers, who you gonna call? Travel nurses. This has been the answer for many health care providers, as travel nurses temporarily fill in gaps where there is a shortage of staff nurses. As the pandemic has changed how businesses operate, how will this impact the future for travel nurses and providers?
Why be a travel nurse? Compared to staff nurses, travel nurses receive better compensation and attractive benefits like housing and per diem. Many nurses are attracted to this lifestyle for the ability to travel and the opportunity to help pay off the cost of their nursing education. Staffing agencies, not health care facilities, employ travel nurses and place them with providers.
Supply and Demand
The market for travel nurses was hot even before the COVID-19 pandemic due to an aging US population and other public health crisis like the opioid epidemic. And now the pandemic has driven the demand for travel nurses even higher. A recent poll of hospital executives by Avant Healthcare Professionals found 90% of respondents used travel nurses in 2020, compared to less than 60% in 2019. Increasing demand has caused compensation for travel nurses to rise in tandem, with contracts for some front-line workers reaching $10,000 per week.
Travel nurses still face plenty of challenges. Throughout the pandemic, both travel nurses and staff nurses have struggled to make do with a shortage of personal protective equipment, experienced burnout, and encountered emotional trauma from treating seriously ill COVID patients. Problems have gotten so bad that many nurses are considering leaving the professional altogether. Plus, since a great deal of travel nurses are geographically separated from family and friends, they lack the emotional support networks that are more readily available to their staff nurse counterparts.
There are downsides for providers, too. Sure, travel nurses can alleviate staffing shortages at hospitals and nursing homes, but they can create headaches of their own.
- Cost. Higher compensation for travel nurses means higher labor costs for providers, which includes an extra cost of paying a commission to the staffing agency. And don’t forget, many providers have already been facing financial pressures of their own during the pandemic.
- Competition. Some nurses employed with hospitals and long-term care facilities are leaving their jobs to pursue more lucrative opportunities as travel nurses, exacerbating the industry’s workforce shortage. Staff nurses who train travel nurses new to a health care provider may also find themselves frustrated with the fact that they are making less money than their trainees, causing morale to fall and potentially providing another reason for staff nurses to seek greener pastures.
- The rural factor. Larger hospitals near metropolitan areas are better able to weather staff shortages due to their more robust financial position, which allows them to afford travel nurses. Plus, the higher staff sizes of hospitals in urban and suburban areas means they’re not as severely affected by a couple of unfilled nursing positions. However, it’s a different story for rural health care providers, where just a shortage of just a few nurses can make a big difference on providing care.Additionally, smaller rural hospitals cannot afford to pay nurses as competitive of a salary as their larger, urban counterparts, meaning they’re at greater risk of losing nurses to better-paying travel roles.
Still, travel nurses aren’t going away anytime soon. Even when the pandemic ends, an aging population will continue to drive up demand, while a growing number of nurses retiring, made worse by the public health emergency, will leave many positions unfilled. Although projections vary widely across the country, many states face a projected shortfall of thousands of nurses by 2030, impacting the amount and quality of care a provider can provide. While travel nurses may be an imperfect solution, health care providers will have no choice but to fill staffing shortages with temporary workers for the years to come.