CROSS COUNTRY HEALTHCARE INC

Cross Country Healthcare, Inc.

Overview

Cross Country Healthcare, Inc. is a leading provider of healthcare staffing and workforce solutions in the United States. The company specializes in connecting healthcare professionals with healthcare facilities, including hospitals, nursing homes, and outpatient facilities, to address labor shortages and improve patient care.

Business Segments

Cross Country operates through various segments, including:

1. Travel Nurse Staffing: Provides temporary staffing solutions to healthcare facilities across the country, focusing primarily on travel nurses.
2. Locum Tenens Staffing: Offers staffing for physicians and advanced practice providers on a temporary basis.
3. Per Diem Staffing: Supplies healthcare professionals for short-term shifts as needed by facilities.
4. Education Services: Offers staffing solutions for the education sector, particularly in the areas of school nursing and allied health professionals.
5. Workforce Solutions: Provides workforce management services to healthcare facilities to optimize their staffing.

Key Data

• Number of Customers: Cross Country Healthcare has a diverse customer base consisting of thousands of healthcare facilities across the U.S., catering to various segments including hospitals, nursing homes, and outpatient surgeries.
• Number of Employees: The company employs approximately 10,113 individuals, including both full-time and part-time employees across various service areas.
• Revenue: For the fiscal year ended December 31, 2024, Cross Country Healthcare reported revenues of $1.475 billion.
• Net Income: The company's net income for the fiscal year ended December 31, 2024, was reported as a net loss of $14.6 million.

Workforce and Services

Cross Country Healthcare's strength lies in its ability to provide flexible staffing solutions that adapt to the changing needs of healthcare providers. The company emphasizes quality and speed in fulfilling healthcare staffing needs, ensuring that clients receive qualified professionals in a timely manner to meet patient demands.

Conclusion

Cross Country Healthcare, Inc. plays a crucial role in the healthcare staffing market by offering a variety of services that help mitigate labor shortages in the healthcare sector. With a substantial workforce and a significant revenue stream, the company is well-positioned to continue addressing the evolving needs of healthcare facilities across the country.