Cross Ctry Healthcare Inc Stock Price, News & Analysis

Cross Country Healthcare (NASDAQ: CCRN) has released findings from a nationwide survey of HR leaders and chief nursing officers, highlighting that quality of care and patient safety are the top priorities for healthcare institutions, with 84% of leaders emphasizing this need. Other significant concerns include employee engagement (77%) and retention (73%). However, only about half of the respondents feel their organizations are effectively improving recruitment (53%) and employee engagement (51%). The survey indicates that staffing challenges, exacerbated by the COVID-19 pandemic, necessitate innovative solutions. Key investments are aimed at enhancing caregiver experience and recruitment processes. There's optimism among leaders, with 83% believing they possess the necessary skills for future success.

Cross Country Healthcare, Inc. (CCRN) announced its participation in the BofA Healthcare Conference scheduled for May 9-11, 2023 at the Encore Hotel in Las Vegas. Key executives, including John Martins, President & CEO, and Josh Vogel, VP of Investor Relations, will engage in one-on-one investor meetings on May 10 and participate in a fireside chat at 1:00 p.m. Eastern Time on the same day. An audio webcast of the event will be available on the Company's website under the Investor Relations section. Cross Country Healthcare is recognized for its commitment to providing quality healthcare staffing solutions and has won several awards for workplace diversity and inclusion.

Cross Country Healthcare, Inc. (CCRN) will hold its quarterly conference call to discuss its first quarter 2023 financial results on May 3, 2023 at 5:00 p.m. Eastern Time. The earnings press release will be distributed after market close on the same day. Investors can access the live webcast and call by dialing 888-566-1290 (U.S.) or 773-799-3776 (international), using the passcode 'Cross Country'. A replay of the call will be available until May 17, 2023. Cross Country Healthcare, a tech-enabled workforce solutions firm, has over 36 years of industry experience, providing staffing solutions while maintaining high-quality patient care. The company has received numerous awards, including being recognized for diversity and inclusion.

Cross Country Healthcare (Nasdaq: CCRN) reported its Q4 and full-year financial results for 2022. Q4 revenue was $628.2 million, declining 2% YoY, with a gross profit margin of 22.1%, down 90 bps. Net income fell 50% to $38.8 million, leading to a diluted EPS of $1.05. For the year, revenue reached $2.8 billion, up 67%, with net income at $188.5 million, translating to a diluted EPS of $5.02. The company experienced significant growth in physician staffing (up 84% YoY) but a decline in nurse and allied staffing revenue. Looking forward, Q1 2023 guidance suggests revenue of $590-$600 million, reflecting a 25%-24% decrease from Q1 2022.

Cross Country Healthcare (NASDAQ: CCRN) announced that its CEO John A. Martins has been named to the Staffing Industry Analysts' (SIA) Staffing 100 list, honoring 100 influential leaders in the staffing industry. This recognition highlights Martins' impact in driving Cross Country's digital transformation and innovative workforce solutions since he became CEO in 2022. Cross Country Healthcare is known for addressing complex labor challenges in healthcare and has a strong commitment to diversity, equity, and inclusion.

Cross Country Healthcare (Nasdaq: CCRN) announced its participation in two virtual investor conferences. The Loop Capital Markets 2023 Investor Conference is set for March 13, 2023, where CEO John Martins and CFO William J. Burns will engage in virtual one-on-one meetings. Additionally, the Oppenheimer 33rd Annual Healthcare Conference will occur from March 13-15, 2023, with meetings on March 15. Cross Country Healthcare is a leading workforce solutions firm with over 36 years of experience, recognized for high-quality service and innovative staffing solutions. The company is also noted for its commitment to diversity and inclusion.