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Float Leads in Connecting Nurses with High-Quality Gig Work Opportunities, Updates AI-powered Platform
Friday, March 28, 2025
The company enhances gig work for nurses while providing quality care to chronic illness patients and reducing operational costs for pharmacies
SAN FRANCISCO, March 25, 2025 /PRNewswire-PRWeb/ -- Float, the marketplace moving all the care that doesn't need a hospital to the home, today announces significant business and product momentum with updates to its AI-powered platform, including its nurse mobile app and specialty pharmacy portal. Float's platform leverages AI to unlock stronger joint outcomes between chronic illness patients, nurses, and pharmacies -- matching chronic illness patients with experienced local nurses in minutes, consolidating structured and unstructured patient data for nurses and pharmacies to access easily, and auto-scheduling critical patient visits. With AI, Float also provides pharmacies with performance metrics to optimize their operations and automates document creation, including patient charts and prescriptions that require doctor sign-off.
Float's Product Updates
-- Nurse mobile app: New features allow nurses to receive and accept home
infusion offers, review clinical details for patients, manage their
schedules, see upcoming payments, and engage with Float's Learning
Management Software (LMS) for upskilling opportunities. Float regularly
collects nurse feedback to inform interface updates, boosting overall
satisfaction and retention.
-- Specialty pharmacy portal: New features allow pharmacies to secure
nurses for patient home visits within minutes. Pharmacy teams can also
use the portal to view patient visit schedules, monitor treatment
progression, and supply medication accordingly. By centralizing all
relevant information in one place, Float eliminates the administrative
burden of outdated practices like lengthy email chains and chart
bounceback.
-- Sponsorship of Waypoints: Dan Pupius, CTO at Float, created an
open-source career development framework that encourages engineers to
place the real-world impact of their code at the forefront of their
work--a key ingredient missing from most healthcare technologies.
Float's team of engineers is using Waypoints to guide platform
developments as the company continues using technology to improve
healthcare at every touchpoint.
Rapid Momentum
This progress compounds key milestones in 2024, including a $10M Series A funding round and expanded operations in California, Arizona, and Texas, as Float continues to connect nurses with home infusion jobs, provide quality care to chronic illness patients, and reduce operational costs for pharmacies:
-- 45,000+ home visits completed: Float completes over 3,000 home visits
per month -- a testament to the value it provides to nurses, patients,
prescribers, pharmacies, payers, and hospitals. The company is targeting
8,000 home visits per month by Q1 2026.
-- A new industry standard for nurse retention: Float has reached a 68%
12-month nurse retention rate, 50% higher than the industry average of
18%. While other gig work platforms for nurses in the facility setting
jeopardize quality of care and leave nurses unprepared to enter an
unfamiliar hospital, Float's marketplace model for specialty pharma
offers competitive pay and more customizable schedules. As a result,
Float's highly qualified nurses continue to increase their activity on
its platform over time.
-- 100+ partnerships with specialty pharmacies: Float's customers include
some of the biggest names in specialty medicine, such as Optum, CVS,
Option Care, Alliance RX (Walgreens), Kroger, Kabafusion, Soleo Health,
NuFactor, Care Fusion, CA Specialty Pharmacy, and more. The company just
inked its 100th partnership with Advanced Infusion Care, with plans to
partner with 20 new specialty pharmacies in Q2 2025.
-- Geographic expansion: In Q2 2025, Float will expand its operations to
serve the state of Florida, where a shortage of approximately 60,000
nurses is projected by 2035, underscoring the need for its platform.
"From the chronic illness patient who can't risk being in a hospital full of sick people to access quality care, to the nurse seeking a viable path forward in their careers without sacrificing work-life balance, to the specialty pharmacy looking to offload nurse management and reduce operational costs, Float's recent momentum underscores our commitment to improving healthcare for all through better healthcare technology," said Ryan Johnson, co-founder and CEO at Float. "Quality patient care and nurse well-being will continue to serve as our North Star as we advance our AI-powered platform to shape the future of home infusion care and gig work for nurses while providing pharmacies with a tangible way to retain patients and boost revenue."
How Float Works
Float's specialty pharmacy partners send home infusion patient referrals to Float for nursing services and Float connects their patients with highly qualified nurses, ensuring each patient can receive the treatment they need to stay healthy in the comfort of their homes. Float makes routine medicine 12x cheaper than it would be in a hospital and ensures patients adhere to their treatments, which decreases the likelihood that they will be admitted for other symptoms of their disease.
In the next few years, Float will expand its services to 25 states to provide more than 80% of people with chronic conditions with access to quality at-home care. To learn more about Float or request a demo, visit https://floathealth.com/.
About Float
Float is the marketplace moving all the care that doesn't need a hospital to the home. The company provides a myriad of services from scheduling, to vetting, to ensuring timely charting and invoicing for insurance that enables specialty treatment for patients easily at their home. Founded in 2021 by former ER nurse Ryan Johnson, Float has built a network of thousands of highly skilled nurses across California and Arizona to deliver high-quality care to patients suffering from chronic illness. Its customers include some of the largest names in specialty medicine including Optum, CVS, Option Care, Alliance RX (Walgreens), Kroger, Kabafusion, Soleo Health, NuFactor, Care Fusion, and CA Specialty Pharmacy, and more. For more information please visit floathealth.com.
MEDIA CONTACT:
Tess Pawlisch
608-333-9788
tess@needlepr.com
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SOURCE Float
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