Amn Healthcare Stock Price, News & Analysis

AMN Healthcare Services, Inc. (NYSE: AMN) is a healthcare workforce company that provides healthcare workforce solutions and staffing services in the United States. According to the company, it focuses on total talent solutions for healthcare, bringing together people, processes and technology to support better care and address workforce challenges for hospitals and health systems.

The company’s talent offerings include management, staffing, recruitment, language services, technology, predictive and market analytics, and related services that help clients build and manage all or parts of their healthcare workforce needs. AMN Healthcare reports that its solutions are used by thousands of healthcare systems nationwide and that it connects a large network of healthcare professionals with client organizations.

Business Segments and Services

AMN Healthcare reports three primary reportable segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.

• Nurse and Allied Solutions includes travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, and allied staffing, including revenue cycle solutions. A majority of the company’s revenue is generated from this segment.
• Physician and Leadership Solutions covers services such as locum tenens staffing, interim leadership, and physician and leadership search activities through its Physician Solutions division and related businesses.
• Technology and Workforce Solutions encompasses workforce-related technology and services, such as workforce planning, analytics, AI-enabled tools, language services and vendor management systems. AMN has also highlighted its WorkWise platform, which focuses on workforce advisory, planning, analytics and AI capabilities.

Through these segments, AMN Healthcare positions itself as a partner to healthcare organizations that are seeking to manage staffing demand, fill clinical roles, and use technology and analytics to improve workforce planning.

Healthcare Workforce Focus

In company communications, AMN Healthcare describes itself as a leader and innovator in total talent solutions for healthcare. It emphasizes a partnership approach with healthcare clients to address workforce complexity and to support clinical outcomes and access to care. The company notes that its healthcare professionals have provided services to millions of patients across thousands of healthcare systems, including a high proportion of top healthcare systems nationwide.

AMN Healthcare highlights that healthcare organizations increasingly look for integrated workforce management, including planning, staffing, scheduling, talent acquisition and deployment. The company indicates that its offerings are intended to support these needs through both staffing services and technology-enabled workforce tools.

Technology, Analytics and AI

AMN Healthcare states that it provides a suite of workforce technologies, including tools for planning, analytics and AI. The company has referenced its WorkWise technology platform, which focuses on workforce advisory, planning and analytics solutions. AMN has also discussed investments in AI and technology-enabled services and has indicated that it seeks to make its services more tech-enabled and integrated.

The company previously owned the Smart Square scheduling software, a cloud-based SaaS workforce management solution with AI-driven scheduling capabilities such as predictive analytics, real-time staffing adjustments, open-shift management and nurse competency integration. AMN sold Smart Square to symplr and entered into a commercial partnership designed to connect its workforce planning, analytics and AI capabilities with external scheduling and operational tools.

Capital Structure and Financing

AMN Healthcare is incorporated in Delaware and its common stock is listed on the New York Stock Exchange under the symbol “AMN.” The company has used senior notes and a revolving credit facility as part of its financing structure. In an 8-K filing, AMN Healthcare, Inc., a wholly owned subsidiary, completed an issuance of senior notes due 2031, which are senior unsecured obligations guaranteed by the parent company and certain subsidiaries. The company also entered into an amendment to its secured revolving credit facility to extend its maturity, adjust its size and revise leverage-related terms.

Through press releases and SEC filings, AMN Healthcare has described the use of proceeds from its senior notes offering and borrowings under its revolving facility to redeem earlier senior notes and to pay related fees and expenses. These activities are part of the company’s efforts to manage its debt profile and financial flexibility.

Operating Performance and Segments in Practice

In its periodic earnings releases, AMN Healthcare reports consolidated revenue and segment-level performance. The company breaks out revenue and margins for its Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions segments, and discusses trends such as changes in travel nurse staffing revenue, allied staffing revenue, locum tenens revenue, interim leadership revenue, language services revenue and vendor management systems revenue.

AMN Healthcare also reports adjusted EBITDA, adjusted EBITDA margin, adjusted net income and adjusted diluted EPS as non-GAAP measures, explaining that these metrics are used by management for decision-making, resource allocation and incentive compensation objectives. The company provides reconciliations of these non-GAAP measures to GAAP results in its earnings materials.

Strategic Partnerships and Workforce Platforms

AMN Healthcare has highlighted strategic partnerships as part of its approach to workforce technology. The sale of Smart Square to symplr was accompanied by a commercial partnership intended to integrate AMN’s workforce advisory, planning and analytics solutions with symplr’s workforce software. The company states that this arrangement is intended to support workforce optimization, scheduling, timekeeping and administrative processes for hospitals and health systems.

AMN Healthcare’s communications emphasize that healthcare organizations are facing workforce complexity and that integrated planning, analytics, AI and technology partnerships are important to address staffing and operational needs.

Regulatory Disclosures and Governance

AMN Healthcare files reports with the U.S. Securities and Exchange Commission, including Forms 8-K that describe material events. Recent filings have covered topics such as financial results, senior notes offerings, amendments to the company’s credit agreement, and amendments and restatements of its by-laws. The company’s board of directors has adopted amended and restated by-laws to align with developments in Delaware law, revise procedural mechanics for stockholder meetings and nominations, and clarify certain governance procedures.

Through its SEC filings, AMN Healthcare provides information on its financial condition, capital structure, governance updates and other significant corporate events. Investors can review these filings to understand the company’s regulatory history and corporate actions.

Position in the Healthcare Workforce Market

In its public statements, AMN Healthcare describes itself as the leader and innovator in total talent solutions for healthcare, and as a preferred workforce partner for many healthcare systems. The company notes that independent rankings have indicated that it is holding market share in a competitive market, and it highlights the scale of its network of healthcare professionals and client systems.

According to AMN Healthcare, its combination of staffing services, workforce technologies, analytics and AI-enabled tools is intended to help healthcare organizations manage demand for nurses, allied health professionals, physicians, healthcare leaders and other clinicians, while addressing workforce planning and operational needs.

Frequently Asked Questions

The following FAQs summarize key aspects of AMN Healthcare Services based on available information.