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 Inc (AMN) delivers innovative workforce solutions to healthcare organizations nationwide. This news hub provides investors and industry professionals with timely updates on the company’s strategic initiatives, operational developments, and market positioning.
Key resources include: Earnings releases detailing financial performance, announcements about leadership appointments, updates on technology partnerships, and insights into service expansions. Track AMN’s progress in addressing healthcare staffing challenges through its nurse staffing solutions, physician recruitment programs, and language access innovations.
Discover how AMN’s managed services programs and predictive analytics tools create value for healthcare systems. Stay informed about regulatory developments, acquisition activity, and industry recognition impacting this essential healthcare workforce partner.
Bookmark this page for verified updates on AMN Healthcare’s efforts to optimize clinical staffing, reduce operational complexity, and improve patient care delivery across all healthcare settings.
AMN Healthcare Services, Inc. (NYSE: AMN) announced that Jeffrey Knudson will step down as Chief Financial Officer on November 8, 2024, to pursue an opportunity outside the healthcare staffing industry. The company expects to announce a new leader in an expanded Chief Financial Officer/Chief Operating Officer role before Knudson's departure.
AMN's President and CEO, Cary Grace, thanked Knudson for his leadership over the past three years. Knudson expressed confidence in the team's capabilities and the company's future positioning. AMN also reaffirmed its financial guidance for the third quarter of 2024, which was previously provided on August 8, 2024. The company will report its Q3 2024 financial results on November 7, 2024.
AMN Healthcare Services (NYSE: AMN) has announced its upcoming third quarter 2024 earnings conference call, scheduled for Thursday, November 7, 2024, at 5:00 p.m. Eastern Time. The company plans to release its earnings report after market close on the same day, at approximately 4:15 p.m. Eastern Time. Interested parties can access the live webcast through a provided link or participate via telephone by registering online. A replay of the webcast will be available on AMN Healthcare's investor relations website following the call.
AMN Healthcare is described as the leader and innovator in total talent solutions for healthcare organizations across the United States. The company offers a comprehensive network of healthcare professionals and provides various services including managed services programs, clinical and interim healthcare leaders, temporary staffing, permanent placement, and more.
AMN Healthcare Language Services (AMN LS) has launched Strategic Partnership Solutions (SPS), a groundbreaking in-house full-service language solution for health systems. SPS aims to transform language access programs by taking on operational responsibilities and providing comprehensive services including video remote interpreting, over-the-phone interpreting, in-person interpreting, and translation.
The offering addresses common healthcare challenges such as resources, high staff turnover, compliance issues, and difficulty serving English proficient populations. SPS is designed to enhance reliability, efficiency, and cost-effectiveness of language access programs while improving patient outcomes. Yuma Regional Medical Center, an SPS pilot site, has reported positive initial results, noting improved speed and quality of interpretation services.
AMN Healthcare Services, Inc. (NYSE: AMN) reported its Q2 2024 financial results with revenue of $741 million, down 25% year-over-year. GAAP EPS was $0.42, a 73% decrease, while adjusted EPS was $0.98, down 59%. The company's performance was in line with expectations, with earnings surpassing projections due to effective expense management. Notable highlights include:
- ShiftWise Flex platform rollout exceeded 50% of vendor-neutral clients' spend
- Technology and Workforce Solutions contributed 41% of operating income
- Strong cash flow from operations at $100 million
- Debt reduction of $80 million in Q2, totaling $115 million year-to-date
- Net leverage ratio at 2.6:1
For Q3 2024, AMN projects revenue between $660-$680 million, representing a 20-23% year-over-year decrease.
AMN Healthcare's 2024 Review of Physician and Advanced Practitioner Recruiting Incentives reveals significant disparities in starting salaries across medical specialties. Orthopedic surgeons top the list with an average starting salary of $686,000, while pediatricians are offered the lowest at $244,000. The report, based on 2,138 search engagements, highlights that specialists generally command higher salaries than primary care physicians.
Other key findings include:
- Gastroenterologists are offered $531,000 on average
- Family medicine physicians and general internists are offered $271,000
- Nurse Practitioners' average starting salary is $164,000, up 8% year-over-year
- The average signing bonus for physicians is $31,103
- Ob/Gyns are in high demand, with starting salaries up 22% from five years ago
The report also notes an increasing number of organizations, including retail clinics and telehealth platforms, competing for a pool of healthcare professionals.
AMN Healthcare (NYSE: AMN) has launched an Executive Advisory Board to strengthen its approach to total talent solutions in healthcare. The board will be led by Mike Butler, former President of Providence, and will consist of accomplished healthcare leaders. Their focus will be on helping healthcare organizations optimize workforce planning and management through predictive analytics and expertise.
The board aims to address challenges such as labor shortages, the need for greater visibility in a dynamic labor market, and the necessity for strong partnerships between healthcare organizations and talent solutions providers. Butler brings over two decades of strategic and operational experience, having led Providence's growth from a $2 billion to $25 billion organization.
AMN Healthcare, the leading healthcare workforce solutions company, is launching Televate™, a new teletherapy platform for K-12 students. Set to debut in the 2024-2025 school year, Televate aims to increase access to therapy services in underserved areas. The platform offers unique features designed for high-quality therapy and evaluation services, including:
- Virtual therapy rooms
- Scheduling and document management
- Individual and group sessions
- Second camera integration
- Collaborative tools like whiteboard and greenscreen
- Integrated materials and assessments from leading publishers
AMN Healthcare will provide training to school districts and clinicians, and plans to make further enhancements based on user feedback throughout the school year.
AMN Healthcare has launched the Manager Hub app, a new feature of its ShiftWise Flex™ workforce management platform. This mobile app empowers healthcare organizations with on-the-go workforce management capabilities, simplifying how they manage their staff. The app provides access to a detailed dashboard with critical insights into workforce operations, including orders, staff details, shifts, and assignments.
Key features of the Manager Hub app include the ability to handle shift management tasks, manage timecards, fill orders, create shifts, monitor assignments, and manage staff compliance. According to Krishna Charan of Everest Group, ShiftWise Flex has become a frontrunner in the healthcare VMS space, with its integration with the AMN Passport mobile app and improved reporting functionalities positioning it as a major contender in the global and North America VMS market.
AMN Healthcare Services (NYSE: AMN) announced it will hold a conference call on August 8, 2024, at 5:00 p.m. ET to discuss its Q2 2024 financial results and Q3 2024 outlook.
The company will release its earnings report after market close at approximately 4:15 p.m. ET the same day. A live webcast of the call can be accessed on AMN Healthcare’s investor relations website, and interested parties can participate via telephone by registering through a provided link.
AMN Healthcare is a leading provider of total talent solutions for healthcare organizations in the U.S., offering a comprehensive network of healthcare professionals through various recruitment and staffing services. The company aims to optimize workforce management to reduce complexity, increase efficiency, and improve patient outcomes.
For more information, visit the investor relations section of AMN Healthcare’s website.
AMN Healthcare has appointed Jim Hinton to its board of directors effective July 22, 2024. Hinton brings a wealth of experience in healthcare leadership, having served as CEO of both Baylor Scott & White Health and Presbyterian Health Services. Currently an Operating Partner at Welsh, Carson, Anderson, and Stowe, Hinton also serves on the boards of McKesson and Health Management Academy. His extensive background in governance and operational excellence is expected to bolster AMN’s strategic vision and support its mission to deliver high-quality, flexible, and cost-effective healthcare workforce solutions.
