CompHealth
Staffing company that places doctors on temporary contracts at US hospitals and clinics.
On the record
Checkpoint: Aya Healthcare's next move to push its Locum's Nest platform into the US physician locums market
The call
CompHealth leads physician locum staffing on relationships and credentialing depth, while Aya Healthcare builds a rival platform and AI tools chip at the edges of the wider staffing market.
CompHealth finds temporary doctors for US hospitals when they need extra staff. It is hard to replace because hospitals trust it after 40+ years, it handles complicated paperwork and licenses, and laws make it risky for competitors to cut corners. The big question is whether its owners will sell the company in the next few years, which could change everything about how it runs.
Why
01
AI pressure: AI-native platform staffing models (broader temp-staffing sector). Platform-matching tools are grabbing share in general temp staffing but still can't clear physician licensing, credentialing, and liability checks. Could AI do the core job? Unlikely.
02
Bigger players: Aya Healthcare. Aya, the largest US healthcare staffer, bought Locum's Nest in June 2025 and now runs its own locum tenens platform in this market. Could a giant copy it? Probably.
03
What protects it. Decades of hospital relationships, Joint Commission certification, and embedded credentialing systems like Modio OneView that are slow to replace.
What would change this call
Aya Healthcare launches or announces a US locum tenens platform product. Would show Aya converting its scale into direct competition for CompHealth's core segment.
Leonard Green and Ares sell, recap, or IPO CHG Healthcare within the next 1-2 years. Would show PE owners exiting after a 13+ year hold, reshaping CompHealth's ownership.
A well-funded AI-native locum staffing platform reports material physician-placement volume. Would show the regulatory moat eroding faster than expected.
Leonard Green and Ares sell, recap, or IPO CHG Healthcare within the next 1-2 years. Would show PE owners exiting after a 13+ year hold, reshaping CompHealth's ownership.
A well-funded AI-native locum staffing platform reports material physician-placement volume. Would show the regulatory moat eroding faster than expected.
Key numbers
- CHG Healthcare revenue about $2.8B
- CHG holds 6.5% of US healthcare staffing market
- Aya Healthcare revenue $6.9B, 16.1% share
Named risks
- Recurring wage and hour litigation, following 2023 and 2024 overtime settlements.
- PE ownership past typical hold period since October 2012, creating exit or sale uncertainty.
- AI-native platform staffing models eroding sourcing and matching layers of the business.
- Aya Healthcare's Locum's Nest acquisition signaling expansion ambitions into locum tenens.
- Sector-wide staffing normalization post-pandemic, as shown by RNnetwork brand wind-down.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Aya Healthcare | gaining on | Acquired UK locum platform Locum's Nest June 2025; $6.9B revenue vs CHG's $2.8B in 2024 |
| Jackson Healthcare | contesting | Close #3 rival with $2.5B 2024 revenue vs CHG's $2.8B, per SIA July 2025 |
| AI-native platform staffing models | gaining on | Platform revenue share rose from ~9% to over 20% of US temp-staffing revenue 2020 to 2023 |
| AMN Healthcare | contesting | Public-market competitor across travel nursing and locums, ~$1.28B market cap as of July 2026 |
Questions people ask
- Is CompHealth profitable in 2026?
- CompHealth's parent CHG Healthcare is privately held and reported an estimated $2.8B in 2024 healthcare staffing revenue with 6.5% US market share, ranking it the #1 locum tenens staffing firm per Staffing Industry Analysts, July 2025. Exact profit figures are not disclosed since CHG has been PE-owned since 2012.
- Could AI replace CompHealth's staffing business?
- AI is automating sourcing, matching, and credentialing paperwork across staffing, with platform-based models rising from about 9% to over 20% of US temp-staffing revenue between 2020 and 2023 per SIA (February 2025). But placing licensed physicians into liability-bearing roles still needs human credentialing, backed by CompHealth's March 2026 Joint Commission HCSS certification.
- Who owns CompHealth?
- CompHealth is a staffing brand of CHG Healthcare Services, privately owned by Leonard Green & Partners and Ares Management since they acquired the company in October 2012. No IPO or new funding round has been publicly reported since that buyout, as of July 2026.
- Who is CompHealth's biggest competitor?
- Aya Healthcare is the largest overall US healthcare staffing firm, with $6.9B in 2024 revenue and 16.1% market share versus CHG's $2.8B and 6.5%, per SIA (July 2025). Aya acquired UK locum platform Locum's Nest in June 2025 but has not yet taken visible share in CompHealth's core US physician locum tenens business.
- Is CompHealth growing or shrinking?
- CHG Healthcare's overall staffing revenue reached about $2.8 billion in 2024, per SIA (July 2025), keeping CompHealth as the #1 US locum tenens brand, even as CHG discontinued its separate RNnetwork travel-nursing brand with support ending March 2025.
- Will CompHealth's private equity owners sell the company?
- Leonard Green & Partners and Ares Management have held CHG Healthcare since October 2012, over 13 years, well beyond the typical 5 to 7 year private equity holding period. No sale, recapitalization, or IPO has been announced as of July 2026, but the overhang persists.
Timeline
- 2026-06-23Healthcare Brew reports CHG staffed ~14,600 providers in 2024 and has 4,000+ employees
- 2026-03-25CompHealth advanced-practice, therapy, and lab staffing division earns Joint Commission HCSS Certification
- 2026-03-10Ema Prince appointed president of CompHealth's permanent-placement division
- 2026-02-17CompHealth wins 2026 ClearlyRated Best of Staffing Talent Award, second consecutive year
- 2025-07-22SIA ranks CHG #1 in US locum tenens, #2 overall, at $2.8B 2024 revenue
- 2025-06Aya Healthcare acquires UK locum staffing platform Locum's Nest
- 2025-03CHG winds down RNnetwork travel-nursing brand, support through March 2025
- 2024-11-22CHG settles overtime wage lawsuit
- 2024-08Leslie Snavely becomes CEO of CHG Healthcare, succeeding Scott Beck
- 2012-10Leonard Green & Partners and Ares Management acquire CHG Healthcare
Revision history
24 July 2026
First assessed. Hard to displace. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- Aya, CHG and Jackson top largest US healthcare staffing firms list (2025-07-22)
- CHG Healthcare CEO talks combatting burnout and workforce shortages (2026-06-23)
- Healthcare Staffing Solutions
- CHG Healthcare Services (2026-06-14)
- CHG Healthcare appoints president at CompHealth division (2026-03-10)
- CHG Healthcare Investor Profile (2026-03-25)
- CompHealth wins 2026 Best of Staffing Talent Award (2026-02-17)
- CHG Healthcare Company Growth, Stability & Outlook 2026 (2026-04-03)
- CHG Healthcare Services Number of Employees 2026 (2026-06-29)
- The AI-driven revolution in healthcare staffing recruitment (2025-02-12)
- CHG Medical Workers Reach $3.7 Million Deal in Overtime Lawsuit (2023-03-20)
- CHG Healthcare Settles Suit Over Years of Missed Overtime Wages (2024-11-22)