Welcome to our dedicated page for Amn Healthcare news (Ticker: AMN), a resource for investors and traders seeking the latest updates and insights on Amn Healthcare stock.
AMN Healthcare Services reports developments in healthcare workforce solutions and staffing services for healthcare organizations across the United States. Recurring updates cover quarterly results, earnings calls, revenue trends, gross margin, cash flow, debt, and outlook commentary across Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.
Company news also tracks travel nurse staffing, labor disruption staffing, allied staffing, international nurse placement, search, managed service provider activity, language services, workforce technology, and market demand from healthcare systems. AMN's common stock trades on the New York Stock Exchange under the symbol AMN.
AMN Healthcare has donated $1.1 million to various charities in 2021, acknowledging healthcare professionals who worked 1,000 hours or more during the first half of the year amidst the COVID-19 pandemic. Each professional received a $1,000 bonus, with an additional $1,000 donated to a charity of their choice. Beneficiaries included the American Cancer Society and the Alzheimer’s Association. AMN Healthcare's initiative emphasizes the company's commitment to philanthropy and support for healthcare workers and their communities.
AMN Healthcare Services reported Q3 2021 revenue of $878 million, representing a 59% increase year-over-year. The company achieved GAAP EPS of $1.54 and adjusted EPS of $1.73, both significantly higher than the previous year's figures. Net income surged 184% to $74 million, driven by strong demand amid severe healthcare labor shortages. AMN anticipates Q4 revenue to rise 80% year-over-year, with improvements across all business segments fueled by investments in staff and technology.
AMN Healthcare (NYSE:AMN) appoints Jeffrey R. Knudson as Chief Financial Officer, effective November 2, 2021. Knudson, previously at At Home Group, Inc., has extensive experience in healthcare finance, having held senior roles at CVS Health and L Brands. CEO Susan Salka expressed confidence that Knudson's expertise will enhance AMN's growth and financial goals during a critical evolution phase. The company continues to be a leader in talent solutions within the healthcare sector.
AMN Healthcare Services, Inc. (NYSE: AMN) will host a conference call on November 4, 2021, at 5:00 p.m. ET to discuss its third quarter financial results and fourth quarter outlook. The earnings news release is expected to be issued after the market closes at approximately 4:15 p.m. ET on the same day. Interested parties can access the live webcast on AMN's website or join via telephone. A replay will be available post-call until November 18, 2021.
AMN Healthcare's Kerry Sirkka has been recognized as the 2021 Volunteer of the Year by the American Staffing Association (ASA) for her outstanding contributions. With nearly two decades at AMN, Sirkka serves as Senior VP and GM of Local and International Solutions. The award highlights her efforts within the ASA, where she chairs the Women in Leadership Council. AMN Healthcare leads in total talent solutions for healthcare, optimizing workforce efficiency and improving patient outcomes through innovative recruitment strategies.
The United States Court of Appeals for the Ninth Circuit has ruled in favor of AMN Healthcare (NYSE: AMN) in its ongoing legal battle against Aya Healthcare, affirming that Aya failed to establish any anticompetitive behavior under federal antitrust laws. This ruling follows a similar decision made in June by a U.S. District judge, validating AMN's provision that prohibits contractors from soliciting its employees as a reasonable legal restraint. AMN expresses confidence in its business practices and commitment to healthcare delivery during challenging times.
The 2021 Review of Physician and Advanced Practitioner Recruiting Incentives by Merritt Hawkins reveals a shift in healthcare recruitment trends, with nurse practitioners (NPs) now the most sought-after providers, surpassing physicians for the first time in 27 years. The report notes a 25% decline in overall physician search engagements due to COVID-19, while NP searches increased, reflecting strong demand. Average starting salaries for NPs rose to $140,000, a 12% increase. As the population ages, the demand for specialist physicians is projected to rise, contributing to a potential shortage.
AMN Healthcare Services, Inc. reported strong second quarter 2021 results with revenue of $857.4 million, up 41% year-over-year, and net income of $66.8 million, a 199% increase compared to Q2 2020. The company's adjusted diluted EPS reached $1.64, a 98% increase from last year. Operating cash flow grew by 64% to $211 million. For Q3 2021, AMN projects revenue of $770 - $790 million, indicating a 40-43% year-over-year increase. The company maintains a healthy leverage ratio of 1.7 to 1.
AMN Healthcare Services, Inc. (NYSE: AMN) has scheduled a conference call for August 5, 2021, at 5:00 p.m. ET to discuss its Q2 2021 financial results and outlook for Q3 2021. The earnings release will be available after market close at approximately 4:15 p.m. ET on the same day. A live webcast of the call will be accessible via AMN's website, with a telephonic replay available until August 19, 2021. AMN Healthcare specializes in comprehensive talent solutions for healthcare organizations, providing a network of healthcare professionals to improve efficiency and patient outcomes.
AMN Healthcare will sponsor a float in a New York City ticker-tape parade on July 7, honoring COVID-19 essential workers. The parade, starting in lower Manhattan, aims to celebrate various worker categories, including healthcare professionals and first responders. AMN Healthcare played a significant role during the pandemic by providing over 2,000 temporary healthcare professionals to New York City. The float theme, "Salute to the Reinforcements," will pay tribute to those who served during the crisis.