Welcome to our dedicated page for Cross Country Healthcare news (Ticker: CCRN), a resource for investors and traders seeking the latest updates and insights on Cross Country Healthcare stock.
Cross Country Healthcare Inc (CCRN), headquartered in Boca Raton, Florida, is a national leader in providing advanced healthcare workforce solutions. With over 30 years of experience, the company is dedicated to placing highly qualified nurses, physicians, and allied health professionals. The core of Cross Country Healthcare’s business revolves around assisting clients in solving labor cost issues while maintaining high-quality outcomes.
Cross Country Healthcare operates in two primary business segments:
- Nurse and Allied Staffing: This segment generates a significant portion of the company's revenue. It offers temporary and permanent placements of travel and local nurses, allied professionals, and other outsourcing services.
- Physician Staffing: This segment provides licensed practitioners across various specialties, including certified registered nurse anesthetists (CRNAs), nurse practitioners (NPs), and physician assistants (PAs) on temporary assignments.
The company’s services extend to both clinical and non-clinical settings, including acute care hospitals, physician practice groups, nursing facilities, public and charter schools, rehabilitation and sports medicine clinics, government facilities, and home care. Through a network of more than 70 branch office locations and national staffing teams, Cross Country Healthcare supports over 6,500 active contracts.
Recent achievements include strategic partnerships and expansions that enhance their service capabilities. Their consultative services and total talent management solutions are designed to meet the evolving needs of healthcare customers, ensuring efficient and effective workforce management.
Financially, Cross Country Healthcare earns the majority of its revenue from operations within the United States. The company’s robust financial condition and strategic growth initiatives position it as a key player in the healthcare staffing industry.
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.
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