Cross Country Healthcare

Cross Country Healthcare, headquartered in Boca Raton, Florida, is a national leader in providing leading-edge healthcare workforce solutions. Our solutions are geared towards assisting our clients to solve labor cost issues while maintaining high quality outcomes. With more than 30 years of experience, we are dedicated to placing highly qualified nurses and physicians as well as allied health, advanced practice, and case management professionals. We also provide both retained and contingent placement services for physicians, as well as retained search services for healthcare executives. We have more than 6,500 active contracts with a broad range of clients in both clinical and nonclinical settings, including acute care hospitals, physician practice groups, nursing facilities, both public schools and charter schools, rehabilitation and sports medicine clinics, government facilities, and homecare. Through our national staffing teams and network of more than 70 branch office locations, we are able to place clinicians for travel and per diem assignments, local short-term contracts and permanent positions. We are a market leader in providing flexible workforce management solutions, including managed services programs (MSP), electronic medical record (EMR) transition staffing, recruitment process outsourcing, predictive analytics, education healthcare staffing solutions, internal resource pool consulting and development, and other consultative services.
Type
Public
HQ
Boca Raton, US
Size (employees)
1,737 (est)+10%
Cross Country Healthcare is headquartered in Boca Raton, US

Cross Country Healthcare Office Locations

Cross Country Healthcare has an office in Boca Raton
Boca Raton, US (HQ)
6551 Park Of Commerce Blvd

Cross Country Healthcare Data and Metrics

Cross Country Healthcare Financial Metrics

Cross Country Healthcare's revenue was reported to be $833.5 m in FY, 2016 which is a 9% increase from the previous period.
USD

Revenue (FY, 2016)

833.5 m

Revenue growth (FY, 2015 - FY, 2016), %

9%

Net income (FY, 2016)

8.7 m

EBIT (FY, 2016)

6.2 m

Market capitalization (20-Jul-2017)

452.1 m

Closing share price (20-Jul-2017)

12.5

Cash (31-Dec-2016)

20.6 m

EV

433.8 m
Cross Country Healthcare's current market capitalization is $452.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

438.3 m617.8 m767.4 m833.5 m

Revenue growth, %

41%24%9%

General and administrative expense

106.1 m141 m161.3 m179.8 m

Operating expense total

446.3 m628.3 m746.9 m827.4 m

EBIT

(8 m)(10.5 m)20.6 m6.2 m

EBIT margin, %

(2%)(2%)3%1%

Interest expense

849.1 k4.2 m6.8 m6.1 m

Pre tax profit

(10 m)(31.3 m)4.2 m4.5 m

Income tax expense

44.2 m216 k(794 k)(4.2 m)

Net Income

(52 m)(31.5 m)5 m8.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

8.1 m5 m2.5 m20.6 m

Current Assets

83.9 m131.2 m158.7 m205.6 m

PP&E

12.1 m

Goodwill

77.3 m90.6 m95.1 m79.6 m

Total Assets

248.2 m325.1 m366.1 m388.4 m

Accounts Payable

10.3 m27.3 m41.1 m58.8 m

Total Debt

8.6 m2.3 m

Current Liabilities

44.9 m67 m86 m97.1 m

Total Liabilities

236.6 m

Additional Paid-in Capital

246.3 m247.5 m254.1 m256.6 m

Retained Earnings

(84.7 m)(116.5 m)(112.1 m)(104.1 m)

Total Equity

160.7 m130.3 m141.3 m151.8 m

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.5 x2.5 x2.6 x2.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(52 m)(31.5 m)5 m8.7 m

Depreciation and Amortization

6.2 m7.4 m8.1 m9.2 m

Accounts Receivable

2 m(16 m)(29 m)(30.8 m)

Accounts Payable

(319.9 k)5.7 m11.2 m20.4 m

Cash From Operating Activities

8.7 m(4.1 m)18.2 m30.1 m

Purchases of PP&E

(1.8 m)(4.6 m)(2.4 m)(6.5 m)

Cash From Investing Activities

15.2 m(45.5 m)(24.1 m)(9.8 m)

Cash From Financing Activities

(26.1 m)46.5 m3.4 m(2.2 m)

Interest Paid

622 k2.5 m5.1 m3.9 m

Income Taxes Paid

1.2 m1.4 m1 m1.8 m
USDY, 2016

EV/EBIT

70.1 x

EV/CFO

14.4 x

Revenue/Employee

525.9 k

Financial Leverage

2.6 x

Cross Country Healthcare Market Value History

Cross Country Healthcare Online and Social Media Presence

Cross Country Healthcare Company Life and Culture

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