Cross Ctry Healthcare Inc Stock Price, News & Analysis

Cross Country Healthcare (NASDAQ: CCRN) has published its 2021 Corporate Social Responsibility (CSR) report, emphasizing its commitment to governance, social equity, and environmental sustainability. Key highlights include maintaining the ISS Highest Quality Score, increasing minority hires, and improving its Bloomberg Gender-Equality Index score by 10 percentage points. The company has also earned the 2021 Top Workplace Award for Diversity, Equity & Inclusion and contributed $25,000 to support nursing students. These initiatives align with its values and aim for sustained growth while fostering community impact.

Cross Country Healthcare has launched the Cross Country Healthcare Nursing Scholarship Fund in partnership with the National Black Nurses Association. This initiative will provide two annual scholarships to eligible NBNA members pursuing a BSN or higher. The company, recognized for its commitment to diversity and health equity, aims to support underrepresented groups in healthcare education. CEO John A. Martins emphasized the company's dedication to improving healthcare access and quality for all communities.

Cross Country Healthcare, a leader in workforce solutions, has received the 2022 Top Workplaces Culture Excellence Award for Leadership and Innovation. This honor recognizes organizations that inspire employee confidence and embed innovation into their culture. The award is based on a survey conducted by Energage, which evaluated over 20 million employees across various organizations. CEO John A. Martins emphasized the company’s commitment to creating a digital-first, innovative work environment, reinforcing its status as an employer of choice.

Cross Country Healthcare (NASDAQ: CCRN) will participate in two upcoming conferences. The first is the Benchmark 2022 Healthcare House Call Virtual Conference on June 2, 2022, featuring one-on-one meetings with executives including William J. Burns and Josh Vogel. The second event is the Jefferies 2022 Healthcare Conference from June 8-10, 2022, where CEO John Martins, Burns, and Vogel will also engage in investor meetings. Cross Country Healthcare is recognized for its staffing solutions and commitment to diversity and quality in patient care.

Cross Country Healthcare (Nasdaq: CCRN) reported robust financial results for Q1 2022, achieving record revenue of $788.7 million, a remarkable 140% increase year-over-year. Adjusted EBITDA hit $97.4 million (12.3% margin), reflecting a 264% rise. Net income rose to $62.0 million, up 219% from the previous year. Despite this, diluted EPS fell to $1.63, a 20% decline from Q4 2021. The company also expanded its credit facility to $300 million, positioning itself for growth as it navigates a post-COVID market.

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.