Cross Country Healthcare

OverviewSuggest Edit

Cross Country Healthcare is a provider of healthcare recruiting, staffing and workforce management solutions. The Company operates in three segments: the Nurse and Allied Staffing segment provides traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing; the Physician Staffing segment provides physicians in various specialties, certified registered nurse anesthetists, nurse practitioners and physician assistants; and the Other Human Capital Management Services which is engaged in providing retained and contingent search services for physicians, healthcare executives, nurses, advanced practice and allied health professionals.

TypePublic
Founded1996
HQBoca Raton, US
Websitecrosscountryhealthcare.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2018)1,750(-2%)
Job Openings63
Revenue (FY, 2016)$833.5 M(+9%)
Share Price (Jun 2019)$7.4

Cross Country Healthcare Office Locations

Cross Country Healthcare has offices in Boca Raton, West Chester Township, Norcross and St. Louis
Boca Raton, US (HQ)
6551 Park of Commerce Blvd
Norcross, US
4775 Peachtree Industrial Blvd #300
St. Louis, US
4 Cityplace Dr #300
West Chester Township, US
9021 Meridian Way, West Chester Township
Show all (4)

Cross Country Healthcare Financials and Metrics

Cross Country Healthcare Revenue

Cross Country Healthcare's revenue was reported to be $833.54 m in FY, 2016 which is a 8.6% increase from the previous period.
USD

Net income (Q2, 2019)

(51.3m)

EBIT (Q2, 2019)

(15.1m)

Market capitalization (10-Jun-2019)

273.2m

Closing stock price (10-Jun-2019)

7.4

Cash (30-Jun-2019)

24.8m
Cross Country Healthcare's current market capitalization is $273.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

438.3m617.8m767.4m833.5m

Revenue growth, %

41%24%9%

General and administrative expense

106.1m141.0m161.3m179.8m187.4m180.2m

Operating expense total

106.1m141.0m161.3m179.8m853.3m829.4m
Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cost of goods sold

154.3m152.8m

General and administrative expense

25.5m29.5m40.9m41.2m40.9m39.2m42.9m44.7m45.9m47.2m46.6m47.3m45.6m45.3m44.1m46.0m45.9m

Operating expense total

107.1m119.6m187.2m182.2m188.3m188.8m191.4m216.5m205.7m50.0m50.1m220.1m206.0m200.2m198.1m197.9m217.9m

Depreciation and amortization

1.4m1.8m2.0m2.0m1.9m2.4m2.5m2.1m2.2m2.3m2.8m2.9m3.0m2.9m3.0m3.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

8.1m5.0m2.5m20.6m25.5m16.0m

Accounts Receivable

Inventories

Current Assets

83.9m131.2m158.7m205.6m208.9m194.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(52.0m)(31.5m)5.0m8.7m38.8m(15.7m)

Depreciation and Amortization

6.2m7.4m8.1m9.2m10.2m11.8m

Inventories

Accounts Payable

(319.9k)5.7m11.2m20.4m(9.3m)(7.1m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

615.0k(782.0k)(4.0m)(11.4m)3.1m5.7m10.9m19.2m2.1m16.4m(1.7m)3.5m10.5m1.9m3.7m3.6m(1.4m)(52.6m)

Depreciation and Amortization

4.6m1.8m3.4m5.4m960.0k3.9m5.8m2.4m4.9m7.0m2.2m4.5m7.3m2.9m5.9m8.8m3.0m6.5m

Accounts Payable

(338.0k)2.2m4.8m3.2m24.3m1.2m7.8m(6.1m)(5.0m)5.6m(16.1m)(8.4m)(5.3m)(5.8m)(4.9m)(1.7m)2.8m7.7m

Cash From Operating Activities

11.6m(9.2m)(5.5m)(3.1m)6.0m18.9m2.6m12.9m32.3m1.4m25.5m28.7m13.3m17.9m21.8m12.8m25.1m
USDY, 2019

Financial Leverage

2.4 x
Show all financial metrics

Cross Country Healthcare Online and Social Media Presence

Embed Graph

Cross Country Healthcare News and Updates

Cross Country Healthcare Registered Nurse Marks 100th Travel Assignment

BOCA RATON, Fla., May 17, 2019 /PRNewswire/ -- Cross Country Healthcare, a national leader in providing innovative healthcare workforce solutions and staffing services, today announced that it has placed one of its travel nurses on her 100th assignment with the company. Now at a hospital...

Cross Country Healthcare To Present At Jefferies 2019 Global Healthcare Conference

BOCA RATON, Fla., May 13, 2019 /PRNewswire/ -- Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced today that it is scheduled to present at the Jefferies 2019 Global Healthcare Conference on Thursday, June 6, 2019 at the Grand Hyatt, New York, New York. Kevin C. Clark, President and...

Cross Country Healthcare Names Stephen A. Saville as Executive Vice President of Operations

BOCA RATON, Fla., April 16, 2019 /PRNewswire/ -- Cross Country Healthcare, Inc., (Nasdaq:CCRN) today announced it has named Stephen A. Saville, 52, Executive Vice President of Operations. "Steve has an extensive background in the healthcare recruiting and workforce solutions staffing...

Healthcare Staffing Market 2026: Smart Technologies Are Changing Healthcare Industry with Top Leading players Envisions Healthcare Corporation, AMN Healthcare, CHG Management, Inc., Maxim Healthcare Services, Inc., Cross Country Healthcare, inVentiv Healt

Healthcare Staffing refers to a service person, company, corporation, partnership or other business, medical facility or agency or person engaged in a business providing or recommending nursing personnel to provide temporary nursing care. Posted via Industry Today. Follow us on Twitter @IndustryToda…

Cross Country Healthcare Announces Upcoming Retirement of CEO

BOCA RATON, Fla., Sept. 10, 2018 /PRNewswire/ -- Cross Country Healthcare, Inc. (the "Company" or "Cross Country") (Nasdaq: CCRN) today announced that William J. Grubbs intends to retire as President, Chief Executive Officer and a member of the Board of Directors of the Company when his...

Cross Country Healthcare To Present At Cantor Global Healthcare Conference

BOCA RATON, Fla., Sept. 6, 2018 /PRNewswire/ -- Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced today that it is scheduled to present at the Cantor Global Healthcare Conference on Tuesday, October 2, 2018 at 10:55 a.m. Eastern Time, at the InterContinental New York Barclay Hotel...
Show more

Cross Country Healthcare Frequently Asked Questions

  • When was Cross Country Healthcare founded?

    Cross Country Healthcare was founded in 1996.

  • How many employees does Cross Country Healthcare have?

    Cross Country Healthcare has 1,750 employees.

  • Who are Cross Country Healthcare competitors?

    Competitors of Cross Country Healthcare include AMN Healthcare, Encompass Health and Legend Healthcare.

  • Where is Cross Country Healthcare headquarters?

    Cross Country Healthcare headquarters is located at 6551 Park of Commerce Blvd, Boca Raton.

  • Where are Cross Country Healthcare offices?

    Cross Country Healthcare has offices in Boca Raton, West Chester Township, Norcross and St. Louis.

  • How many offices does Cross Country Healthcare have?

    Cross Country Healthcare has 4 offices.