Monday - Friday: 9:00 AM - 10:00 PM EST Leveraging our 35 years of industry expertise and insight, CCH solves complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care. These factors include, but are not limited to, the following: the potential impacts of the COVID-19 pandemic on our business, financial condition, and results of operations, our ability to attract and retain qualified nurses, physicians and other healthcare personnel, costs and availability of short-term housing for our travel healthcare professionals, demand for the healthcare services we provide, both nationally and in the regions in which we operate, the functioning of our information systems, the effect of cyber security risks and cyber incidents on our business, the effect of existing or future government regulation and federal and state legislative and enforcement initiatives on our business, our clients ability to pay us for our services, our ability to successfully implement our acquisition and development strategies, including our ability to successfully integrate acquired businesses and realize synergies from such acquisitions, the effect of potential liabilities, losses, or other exposures in connection with the WSG acquisition, the effect of liabilities and other claims asserted against us, the effect of competition in the markets we serve, our ability to successfully defend the Company, its subsidiaries, and its officers and directors on the merits of any lawsuit or determine its potential liability, if any, and other factors set forth in Item 1A. Improved Bloomberg Gender-Equality Index (GEI) score by 10 percentage points. Data Provided by Refinitiv. 21 Sep 2012. Next Section: . Contribution income was $0.9 million, an increase compared to $0.8 million in the prior year and $0.6 million in the prior quarter. Cross Country Healthcare Announces Third Quarter 2022 Earnings Release Date and Conference Call Information. Senior Director, Corporate Communications Rebranding impairments and accelerated amortization related to finite-lived trade names in connection with the rebranding initiatives. The increase in revenue was primarily due to an increase in volume in both primary care physicians and nurse practitioners. Maintained the ISS Highest Quality Score of 1 for governance and improved ISS Quality Scores of 1 for Social matters and 2 for Environmental matters; Increased minority hires corporate-wide, including new CEO. Nurse and Allied Staffing statistical data: Average Nurse and Allied Staffing revenue per FTE per dayp. 13 min read BOCA RATON, Fla., November 02, 2022 -- ( BUSINESS WIRE )--Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) today announced financial. For the nine months ended September 30, 2020, we incurred $2.4 million in legal fees related to an ongoing legal matter outside the normal course of operations. . Cross Country Healthcare, Inc. provided earnings guidance for the fourth quarter of 2022. Collaborated with Florida Atlantic Universitys Christine E. Lynn College of Nursing to conduct a national survey about nurse satisfaction and supported nursing students with an annual $25,000 donation. Toll Free: (800) 347 - 2264. Business Hours. The Company will hold its quarterly conference call on Wednesday, November 3, 2021, at 5:00 P.M. Eastern Time to discuss its third quarter 2021 financial results. This year's Annual Meeting will be a virtual meeting via live webcast on the . CROSS COUNTRY HEALTHCARE INC Annual Report (10-K) ITEM 1. BUSINESS . Earned Energage 2021 Top Workplace Award for Diversity, Equity & Inclusion. The company . BOCA RATON, Fla. -- (BUSINESS WIRE)--Oct. 10, 2022-- Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its third quarter 2022 financial results on Wednesday, November 2, 2022 at 5:00 p.m . . Collaborated with Florida Atlantic Universitys. * Refer to accompanying tables and discussion of non-GAAP (Generally Accepted Accounting Principles) financial measures below. Our locum tenens line of business, Cross Country Locums, has been certified by the National Committee for Quality Assurance (NCQA), the leader in healthcare accreditation, since 2001. Such non-GAAP financial measures are provided as additional information and should not be considered substitutes for, or superior to, financial measures calculated in accordance with U.S. GAAP. Consolidated gross profit margin was 22.4%, down 230 basis points year-over-year and up 50 basis points sequentially. Cross Country Healthcare, Inc. (Nasdaq: CCRN) is a market-leading workforce solutions tech-enabled talent platform and staffing, recruitment, and advisory firm with 36 years of industry. Average field contract personnel on a full-time equivalent (FTE) basis were 9,003 as compared with 5,403 in the prior year and 7,578 in the prior quarter. Cross Country Healthcare, Inc., a leading provider of advisory and workforce solutions including contingent staffing, permanent placement, and other consultative services for healthcare clients,. Cross Country Healthcare is rated as the top staffing and recruiting employer for women by InHerSights. Boca Raton FL 33487. View source version on businesswire.com: https://www.businesswire.com/news/home/20211103006063/en/, Cross Country Healthcare, Inc.William J. Burns, Executive Vice President & Chief Financial Officer Cross Country Healthcare, Inc. (CCRN) latest earnings report: revenue, EPS, surprise, history, news and analysis. As a multi-year Best of Staffing award winner, we are committed to an exceptionally high level of service to our clients, our homecare, education, and clinical and non-clinical healthcare professionals. Repurchased 1 million shares of common stock for $24.3 million. Copies of this and other news releases and additional information about the Company can be obtained online at crosscountryhealthcare.com/press-room. Management presents Adjusted EBITDA because it believes that Adjusted EBITDA is a useful supplement to net income attributable to common shareholders as an indicator of operating performance. Availability under the ABL is subject to a borrowing base, which was $149.2 million as of September 30, 2021, with $126.7 million available for borrowing as of September 30, 2021. See accompanying non-GAAP financial measures and tables below. Operations We operate our travel nurse staffing business from a relatively centralized business model servicing all of the assignment needs of our field employees and client facilities through operation centers located in Boca Raton, Florida, Malden, Massachusetts, Tampa, Florida and Newtown Square, Pennsylvania. BOCA RATON, Fla.--(BUSINESS WIRE)--Jun. Boca Raton FL 33487. In addition to historical information, this press release contains statements relating to our future results (including certain projections and business trends) that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act, and are subject to the "safe harbor" created by those sections. BOCA RATON, Fla. --(BUSINESS WIRE)--Nov. 9, 2022-- Cross Country Healthcare, Inc. (the Company) (Nasdaq: CCRN) announced today that it is scheduled to participate in the 4 th Annual Truist Securities Industrials and Services Summit taking place at the JW Marriott Essex House in New York on, BOCA RATON, Fla. --(BUSINESS WIRE)--Nov. 2, 2022-- Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) today announced financial results for its third quarter ended September 30, 2022 . For the quarter, the company expects revenue of $590 million to $600 million.. | November 3, 2022 BOCA RATON, Fla. . Revenue was $18.8 million, an increase of 14% year-over-year and 20% sequentially. Cross Country Healthcare does not currently have any hardcopy reports on AnnualReports.com. Effective December 31, 2020, the sole professional staffing services agreement held by this joint venture was terminated and, as a result, the Company dissolved Cross Country Talent Acquisition Group, LLC in the third quarter of 2021. In the third quarter, average bill rates rose slightly as we continued to experience higher demand and bill rates related to both COVID-19 and non-COVID-19 assignments, with a record level of demand across a wide range of specialties. During the third quarter of 2006, we accrued a pre-tax charge of approximately $8.8 million based on our best estimate of participation in the settlement at that time. Such non-GAAP financial measures are provided for consistency and comparability to prior year results; furthermore, management believes they are useful to investors when evaluating the Company's performance as they exclude certain items that management believes are not indicative of the Company's future operating performance. 561-237-2555wburns@crosscountry.com, Cross Country Healthcare Announces Third Quarter 2021 Financial Results, https://www.businesswire.com/news/home/20211103006063/en/, Code of Conduct and Business Ethics Policy, Year-over-year and sequential increase in volume across all segments, Third quarter financial performance exceeded guidance across all areas, Adjusted EBITDA margin exceeded 8% for the second time this year, Recognized as one of the top four staffing and recruiting employers for women. is 43.3 according to the JCAHO report and is increasing at a rate more than twice that of other workforces in this country. BOCA RATON, Fla.--(BUSINESS WIRE)--Nov. 3, 2021-- Cross Country Healthcare, Inc. (the "Company") (Nasdaq: CCRN) today announced financial results for its third quarter ended September 30, 2021. Average revenue per FTE per day is calculated by dividing Nurse and Allied Staffing revenue, excluding permanent placement, per FTE by the number of days worked in the respective periods. As a multi-year Best of Staffing Award winner, CCH is committed to an exceptionally high level of service to both our clients and our healthcare professionals. Management uses Adjusted EBITDA for planning purposes and as one performance measure in its incentive programs for certain members of its management team. We solve complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care. We solve complex labor-related challenges for customers while providing high-quality outcomes and exceptional patient care. Legal settlements and fees include legal settlement charges as presented on the consolidated statements of operations as well as legal fees pertaining to non-operational legal matters outside the normal course of operations which are included in selling, general and administrative expenses.
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