Cross Ctry Healthcare Inc Stock Price, News & Analysis

Cross Country Healthcare announced a new study titled "Vendor Management Systems: The Lifeline Healthcare Systems Need Now," which surveyed over 150 healthcare leaders about the usage of Vendor Management Systems (VMS) for staffing. The study reveals that while 40% currently use a VMS, 31% are unsure if they do, and 29% do not use one. Key benefits of VMS highlighted include data security (57%), improved processes (49%), and reduced time to fill positions (38%). The global Healthcare IT market is projected to reach $821.1 billion by 2026.

Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced its participation in the BofA Healthcare Conference from May 10-12, 2022, at the Encore at Wynn, Las Vegas. The President & CEO, John Martins, along with CFO William J. Burns, will engage in a fireside chat on May 10 at 5:20 p.m. Eastern Time. An audio webcast of the event will be accessible on the Company’s website in the Investor Relations section under 'Events and Presentations.' Cross Country Healthcare is recognized for its exceptional staffing solutions and has won multiple awards for service and workplace quality.

Cross Country Healthcare, Inc. (CCRN) will hold a quarterly conference call to discuss its Q1 2022 financial results on May 4, 2022, at 5:00 PM ET. The earnings press release will be available post-market on the same day. Interested parties can access the live call via the company’s website or by phone. A replay will be available from May 4 to May 18. Cross Country Healthcare provides workforce solutions and staffing in healthcare, boasting 35 years of experience and recognition for exceptional service quality.

Cross Country Healthcare, Inc. announces the appointment of Daniel J. White as its first Chief Commercial Officer. With over 25 years of experience, White has a strong background in driving growth and client engagement. He has held senior roles at AMN Healthcare and IBM, focusing on workforce management. His new role aims to enhance workforce strategies and address labor challenges in healthcare. CEO John A. Martins emphasizes White's expertise as critical for the company's evolution and market leadership.

Cross Country Healthcare announced that Kevin C. Clark, its CEO and Co-Founder, has been named to the Staffing 100 list by Staffing Industry Analysts for the third consecutive year. Under Clark's leadership since rejoining in January 2019, the company has more than doubled its revenue on an organic basis and completed two acquisitions. He will transition to Chairman of the Board, continuing to provide strategic direction. The Staffing 100 list honors individuals who significantly influence the staffing industry.

Cross Country Healthcare (Nasdaq: CCRN) reported robust fourth quarter and full-year 2021 results, with revenue reaching $640.7 million, a 197% increase from Q4 2020. For the year, total revenue was $1.68 billion, up 100%. Net income soared to $77.6 million, up from $4.6 million year-over-year. Diluted EPS was $2.07, compared to $0.13. Despite strong growth, gross profit margin declined to 23.0%. The company's outlook for Q1 2022 projects revenues between $740 million and $750 million, representing a 125%-128% year-over-year increase.

Cross Country Healthcare (NASDAQ: CCRN) has promoted Colin McDonald from Senior Vice President of Human Resources to Chief Human Resources Officer. With over 20 years of HR experience, McDonald has significantly impacted talent development and business strategy. CEO Kevin C. Clark praised McDonald's leadership in enhancing diversity, inclusion, and corporate culture. McDonald also leads the employee engagement initiative and is part of the executive team. Cross Country Healthcare specializes in workforce solutions and is recognized for its commitment to quality service and diversity initiatives.

Cross Country Healthcare, Inc. (NASDAQ: CCRN) will present at the Oppenheimer 32nd Annual Virtual Healthcare Conference on March 16, 2022, at 2:00 p.m. Eastern Time. Key executives, John Martins and William J. Burns, will represent the company. Interested parties can access the audio webcast and presentation on the company's website under the Investor Relations section. Cross Country Healthcare is renowned for its staffing solutions and commitment to exceptional patient care, having received numerous industry accolades.

Cross Country Healthcare (NASDAQ: CCRN) announced it received several 2022 Best of Staffing Awards from ClearlyRated, reflecting industry-leading service quality based on client and candidate ratings. Less than 2% of staffing agencies in the U.S. and Canada earn this distinction. The awards include the Talent Award and Client Award for various subsidiaries, demonstrating Cross Country's commitment to exceptional service during challenging times. The company aims to positively impact healthcare and education sectors through strong partnerships and high service levels.