Doximity acquires locum tenens staffing firm Curative

Longtime healthcare staffing executive Jeff Bowling has taken on the CEO role at Curative, the new brand name for locum tenens staffing firm THMED. The Dallas-based firm announced the appointment of Bowling and the name change today — along with its acquisition by Doximity, an online network of medical doctors and other healthcare professionals.

Doximity’s platform enables physicians to collaborate with other physicians, see career opportunities and get the latest medical news.

“Most staffing firms have a database; we have access to a living, breathing network of physicians,” Bowling said in a statement. “I’m here because this is different; 100% unique in staffing.”

Curative notes that 70% of all doctors and 45% of all nurse practitioners and physicians are part of Doximity’s network.

Bowling was founder and formerly CEO of The Delta Cos., which ranks as the 10th-largest locum tenens staffing firm in the US. His growth of the company was among the staffing management stories featured in the book Breaking Through: Leadership Disciplines from Top Performing Staffing Firms by Barry Asin and Mike Cleland.

The firm Bowling is joining, Curative, was owned by Waveland NCP Texas Ventures, a partnership between New Capital Partners and Waveland Ventures. However, under the deal announced today, Waveland as well as John Martin, a founding investor in THMED, will continue to have an equity stake in Curative.

Under its former brand, Curative ranked on last year’s SIA list of largest locum tenens firms based on 2018 revenue.

THMED’s division names — Medestar, Fidelis, THMED Executive Search and CF Staff Solutions — are changing to the Curative brand.

Martin, who also served as CEO of Medestar, and Arthur Cooper, who was CEO of Fidelis, will remain with the company. Martin will lead the locum tenens business and Cooper will lead the permanent placement business.

The acquiring firm, Doximity, is based in San Francisco and was founded in 2011. It was created by the founders of Epocrates, a medical reference app, and Rock Health, a fund that supports entrepreneurs working in healthcare and technology.

Terms of the transaction were not announced.

“The combination of Doximity and Curative brings together tech and team in a new way that will deliver talent to our healthcare clients quickly and at scale,” said Doximity CEO and co-founder Jeff Tangney.

Doximity is owned by Tangney, Nate Gross MD and Shari Buck.