2019 has been a great year for the ATC Healthcare franchise. Our industry continues to grow, which benefits our franchise partners and bodes well for our system in the future. As we look forward to 2020, lets take a look back at what 2019 has meant for ATC Healthcare.
We are thrilled to announce that ATC Healthcare has been included on Staffing Industry Analysts 2019 list of Largest Per Diem Staffing Firms in the U.S. Our travelling nurse program, ATC Travelers, helped ATC Healthcare make the list. The Largest Per Diem Staffing Firms list considers travel nurse temporary staffing firms with revenue of at least $25 million. Each of our franchise partners has not only bolstered the ATC Healthcare brand, but also helped us achieve that financial marker.
In the later months of 2019, we saw the unemployment rate of healthcare service workers continue to decline. That indicates that hospitals and other medical facilities are struggling and will continue to struggle to find and recruit the healthcare providers required to serve all of their patients. This means these facilities will rely on healthcare staffing agencies, like ATC Healthcare, to help them build their teams.
Analysts are also predicting growth into 2020 and beyond. Between now and 2023, the compound annual growth rate of the healthcare staffing industry is expected to be 9.3%. This is due to several factors, including medical staff shortages and the fact that employing a staffing agency, like ATC Healthcare, is often more cost effective than traditional, in-house recruiting and hiring processes. The growth of the healthcare staffing industry as a whole is an opportunity for ATC Healthcare and our franchise partners.
Make 2020 the Year You Join the ATC Healthcare Franchise
The recognition weve received and the growth our industry are just two reasons that ATC Healthcare is an attractive investment opportunity for 2020. Another reason is our unbeatable franchise partner support. If you want to own your own healthcare staffing agency but dont want to be bogged down by administrative tasks like IT troubleshooting, human resources management, and doing weekly payroll, then ATC Healthcare may be right for you.
ATC Healthcares back-office support means that our franchise partners can focus on overall business strategy and executive functions that facilitate growth. We make franchise ownership simple, and you can be a part of the ATC Healthcare franchise system in 2020.
2019 has been a good year for ATC Healthcare and our franchise partners. The national recognition weve received would not have been possible without the dedication of our franchise partners across the country. Weve also contributed to the continued growth of the healthcare staffing industry as a whole. As our industry continues to grow, there will be more opportunities for ATC Healthcare franchise partners to bring staffing agencies to their communities. You could become one of those franchise partners. If you are interested in franchising with ATC Healthcare in 2020, reach out for more information.