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Start-Up Aims to Fix America's Doctor Crisis the Online Way

The company has set its ambitions on reducing the shortage of doctors and nurses at U.S. hospitals via the creation of an online-only marketplace for clinical jobs. “There is a huge shortage of doctors in the U.S., along with nurses and other health-care professionals,” says Alexi Nazem, Nomad’s CEO, who co-founded the company in 2015. The shortage, and the high cost of hospital administration, is traceable in part to an arcane health-care staffing system called locum tenens – a Latin phrase that roughly means “to hold a place.” The locums market, as it is known, is a 50-year-old industry reliant on brokers and recruiters who place doctors and nurses with hospitals in return for a finder’s fee from the hospitals.