Dedicare is one of the leading staffing companies in the Nordic region in the field of healthcare. The company was established in 1996 and has offices in Sweden, Norway, Finland and Denmark. Dedicare staffs’ doctors, nurses, social workers, psychologists, preschool staff and Life Science personnel. The scarcity of healthcare professionals, in combination with an ageing population, drives the market for healthcare staffing. One of Dedicare’s financial targets is a profit margin of 7% over an economic cycle.
The largest share of Dedicare’s sales risk is derived from the public sector. The healthcare sector is often a prioritised political area and therefore, the business is exposed to clear political risk. The public sector procures framework agreements for healthcare staffing services, generally on a two-year basis with an option to extend the contract. If Dedicare is not selected as a supplier, the company risks not being able to deliver until next procurement.