Cross Country Healthcare, Inc. (OQ:CCRN)

Sector:  Industrials Industry:  Employment Services
 
See Regulatory Filings on SEC
Company Contact
Address: 6551 Park of Commerce Blvd.
BOCA RATON FL 33487
Tel: 1-561-2378310
Website: https://www.crosscountry.com
IR: See website
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Key People
John A. Martins
President, Chief Executive Officer, Director
William J. Burns
Chief Financial Officer, Executive Vice President
Marc Krug
Group President - Delivery
Karen Mote
President - Cross Country Locums
Colin P. Mcdonald
Chief Human Resource Officer
Susan E. Ball
Executive Vice President, Chief Administrative Officer, General Counsel, Secretary
James V. Redd
Senior Vice President, Chief Accounting Officer
Phillip Noe
Chief Information Officer
Cynthia A. Grieco
Vice President, Corporate Treasurer
Business Overview
Cross Country Healthcare, Inc. is a technology-enabled workforce solution and advisory company. It operates through two segments: Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and allied professionals, and healthcare leaders within nursing, allied, physician, and human resources; vendor neutral programs and managed service programs (MSP); education healthcare services; in-home care services; and outsourcing services. The Physician Staffing segment provides physicians in many specialties, as well as certified registered nurse anesthetists, nurse practitioners, and physician assistants as independent contractors on temporary assignments throughout the United States at various healthcare facilities, such as acute and non-acute care facilities, government facilities and managed care organizations.
Financial Overview
For the fiscal year ended 31 December 2023, Cross Country Healthcare, Inc. revenues decreased 28% to $2.02B. Net income decreased 61% to $72.6M. Revenues reflect Nurse and allied staffing segment decrease of 32% to $1.84B. Net income also reflects Nurse and allied staffing segment income decrease of 45% to $196.8M, Unallocated Corporate Overhead segment loss increase of 7% to $93.9M.
Employees: 10,831 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $589.76M as of Dec 31, 2023
Annual revenue (TTM): $2,020M as of Dec 31, 2023
EBITDA (TTM): $135.52M as of Dec 31, 2023
Net annual income (TTM): $72.63M as of Dec 31, 2023
Free cash flow (TTM): $234.52M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 34,677,359 as of Mar 18, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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