Welcome to our dedicated page for Cross Ctry Healthcare news (Ticker: CCRN), a resource for investors and traders seeking the latest updates and insights on Cross Ctry Healthcare stock.
Cross Country Healthcare, Inc. (Nasdaq: CCRN) is a market-leading, tech-enabled workforce solutions and advisory firm focused on healthcare, homecare, and education markets. The CCRN news feed on Stock Titan aggregates company announcements, earnings releases, transaction updates, and other material developments drawn from Cross Country’s own press releases and regulatory disclosures.
Investors following CCRN news will see quarterly and annual financial results, where the company reports performance for its Nurse and Allied Staffing and Physician Staffing segments, as well as updates on Homecare Staffing and Cross Country Education. These releases often highlight trends in revenue, margins, cash flow, and balance sheet strength, along with commentary on operational efficiency initiatives and technology investments such as Intellify® and the Xperience™ app.
The news stream also covers strategic and corporate actions, including the previously announced Agreement and Plan of Merger with Aya Healthcare, subsequent stockholder approval, and the later termination of that merger agreement, as well as information about share repurchase activity and capital allocation decisions. Governance and leadership items, such as the CEO transition that brought co‑founder and Chairman Kevin C. Clark back into the President and Chief Executive Officer role, are disclosed through press releases and Forms 8‑K and are reflected in the news flow.
In addition, Cross Country Healthcare periodically publishes thought leadership and survey-based reports, such as its "Beyond the Bedside: The State of Nursing" study, which examines stress, burnout, and staffing challenges in the nursing profession. These items provide context on broader workforce issues that intersect with the company’s service offerings.
By monitoring the CCRN news page, readers can review a consolidated view of Cross Country Healthcare’s public communications, from financial performance and strategic transactions to leadership changes and industry research, all in one place.
Cross Country Education, a division of Cross Country Healthcare (NASDAQ: CCRN), has acquired the assets of Selected, a cloud-based talent platform that connects educators with schools. This acquisition enhances Cross Country's digital transformation strategy while addressing severe educator shortages exacerbated by the COVID-19 pandemic. Selected's platform will improve hiring processes for schools, providing access to over 50,000 educators. This move aims to foster a sustainable pipeline of qualified teachers, furthering Cross Country's commitment to supporting the education sector.
Cross Country Healthcare, Inc. (CCRN) will host a quarterly conference call on February 23, 2022 at 5:00 p.m. ET to discuss its fourth quarter and full year 2021 financial results. The earnings press release will be distributed after market close on the same date. Interested parties can access the live webcast on the Company’s website or by calling specified numbers, with replays available through March 9, 2022.
CCRN specializes in total talent management and has garnered numerous awards for service quality and workplace inclusion.
Cross Country Healthcare has announced a leadership transition, with John A. Martins being promoted to President and CEO effective March 31, 2022, replacing Kevin C. Clark, who will become Chairman. Martins brings nearly 20 years of healthcare leadership experience and has played a crucial role in defining the company's strategic direction. Additionally, the company raised its fourth quarter 2021 financial guidance, projecting full-year revenue of $1.67 billion, adjusted EBITDA of $161 million, and adjusted EPS of $3.03.
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Cross Country Healthcare (CCRN) has announced that two of its executives, Susan E. Ball and Pamela K. Jung, have been recognized in Staffing Industry Analysts' Global Power 150 – Women in Staffing List. This prestigious list highlights influential women in the staffing industry, with Ball serving as Executive VP and General Counsel, and Jung as President of Cross Country Workforce Solutions Group. The recognition underscores CCRN's commitment to leadership diversity and excellence in workforce solutions, positively impacting its culture and operations.
Cross Country Healthcare (Nasdaq: CCRN) will participate in the BofA Securities Virtual Home Care 2021 Conference on December 6-7, 2021. CEO Kevin C. Clark and President Pamela Jung will present a fireside chat on December 6 from 2:50 PM to 3:30 PM. Following this, Mr. Clark and William J. Burns, CFO, will engage in one-on-one investor meetings. Cross Country Healthcare specializes in total talent management and has received numerous accolades for its service quality, including being recognized among the top employers for women.
Cross Country Healthcare, a leader in workforce solutions, has established a new Clinical Quality Council aimed at enhancing healthcare standards and practices. The council, consisting of clinical leaders including Hank Drummond and Liz Cantwell, will provide insights on national standards and guide the organization in achieving clinical excellence. Its mission includes advising clients on talent retention and process effectiveness while leveraging analytics and new regulations. This initiative signals Cross Country's commitment to improving patient care and supporting healthcare facilities.
Cross Country Healthcare announced strong Q3 2021 results with revenue of $374.9 million, a 93% increase year-over-year and 13% sequential growth. Net income surged to $23.4 million, while diluted EPS rose to $0.62. Adjusted EBITDA reached $30.1 million, marking a 250% year-over-year increase. Year-to-date revenue surpassed $1 billion for the first time, reflecting robust growth across all segments. For Q4 2021, the company projects revenue between $580 million and $590 million, representing a 169% to 174% year-over-year increase.
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Cross Country Healthcare (CCRN) has announced its participation in the Credit Suisse 30th Annual Virtual Healthcare Conference scheduled for November 8-11, 2021. Key executives, including William J. Burns, Executive Vice President & CFO, and John Martins, Group President Delivery, will hold one-on-one investor meetings. No formal presentation is planned. Cross Country Healthcare is recognized for its excellence in talent management and was awarded the Best of Staffing® Award for multiple years, highlighting its commitment to high-quality service and diversity initiatives.