This study looks into how the gig economy and shifting demographics are affecting the healthcare industry economically. Through the use of machine learning models, demographic analysis, and attrition trend analysis, the research sheds light on the dynamics of the healthcare workforce and its financial effects. One of the most important conclusions is that nurse attrition continues even in the face of overall workforce stability, underscoring the necessity of focused retention initiatives. The significance of customised workforce management strategies is shown by differences in attrition rates between departments and job positions.