Profile: AMN Healthcare Services Inc (AHS.N)

AHS.N on New York Stock Exchange

14.99USD
1 Aug 2013
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AMN Healthcare Services, Inc. (AMN Healthcare), incorporated on November 10, 1997, is a provider of healthcare staffing and clinical workforce management solutions, providing managed services and recruitment and placement of physicians, nurses and allied healthcare professionals. The Company’s clients include acute and sub-acute care hospitals, government facilities, community health centers and clinics, physician practice groups, retail and mail-order pharmacies and several other healthcare-related settings. It provides travel nurse, workforce managed services, allied and locum tenens recruitment services. It recruits, and places healthcare professionals on assignments of variable lengths with clients throughout the United States. It offers healthcare professionals placement opportunities and provides staffing solutions to its hospital and healthcare facility clients throughout the United States. It generates revenue in all 50 states. It provides services to sub-acute healthcare facilities, physician groups, rehabilitation centers, dialysis clinics, pharmacies and ambulatory surgery centers.

The Company’s clients include Kaiser Foundation Hospitals, New York Presbyterian Health System, Georgetown University Hospital, HCA, NYU Medical Center, Stanford Hospital and Clinics, UCLA Medical Center, The University of Chicago Hospitals and Mayo Health System. On January 30, 2012, the Company announced that it has completed the sale of its home healthcare business to BAYADA Home Health Care, Inc.

The Company uses distinct brands to market its services throughout the healthcare staffing spectrum. It markets its managed service solutions and travel nurse and allied recruitment services to hospitals and healthcare facilities generally under one brand, AMN Healthcare, as a single managed services provider with access to healthcare professionals through multiple recruitment brands. It generally markets its locum tenens and physician permanent placement services to clients as an AMN Healthcare company under brand names, including Staff Care and Merritt Hawkins. It primarily markets its employment and career opportunities to healthcare professionals under the brands, such as American Mobile Healthcare, Nursefinders, Medical Express, NurseChoice, NursesRx, Med Travelers, Club Staffing, Rx Pro Health, O’Grady Peyton International, Staff Care, Linde Healthcare, Kendall & Davis and Merritt Hawkins.

Nurse and Allied Healthcare Staffing Segment

Through its nurse and allied healthcare staffing segment, it provides hospital and other healthcare facilities with a range of clinical workforce solutions, including a comprehensive managed services workforce solution, in which it can manage nursing and allied needs for a client and a recruitment process outsourcing program, which leverages its expertise and support systems to replace or complement its client’s existing internal recruitment function for permanent staffing needs and more traditional staffing service solutions of local, short and long-term assignment lengths. It provides a range of nurse specialties and disciplines, of whom are registered nurses for temporary assignments throughout the United States.

The Company also offers a shorter-term staffing solution of four-to-eight weeks under its NurseChoice brand to address hospitals’ urgent need for registered nurses. NurseChoice is targeted to recruit and staff nurses who can begin assignments within one-to-two weeks in acute-care facilities in contrast to the three-to-five week lead time that may be required for travel nurses. The Company also offers local (per diem) staffing. Local staffing involves the placement of locally based healthcare professionals on daily shift work on an as-needed basis.

The Company provides allied health professionals under brands that include Med Travelers, Club Staffing and Rx Pro Health to acute-care hospitals and other healthcare facilities such as skilled nursing facilities, rehabilitation clinics, and retail and mail-order pharmacies. Allied health professionals include such disciplines as physical therapists, respiratory therapists, occupational therapists, medical and radiology technologists, speech pathologists, rehabilitation assistants, pharmacists and pharmacy technicians. Allied health professionals comprised approximately 17% of the total nurse and allied temporary healthcare professionals working for it during the year ended December 31, 2011. The Company provides physician permanent placement services under its Merritt Hawkins and Kendall & Davis brands to hospitals, healthcare facilities and physician practice groups throughout the United States.

Locum Tenens Staffing Segment

Under the Company’s Staff Care and Linde Healthcare brands, it places physicians of all specialties, certified registered nurse anesthetists (CRNA), nurse practitioners and dentists on a temporary basis (locum tenens) as independent contractors with all types of healthcare organizations throughout the United States, including hospitals, medical groups, occupational medical clinics, individual practitioners, networks, psychiatric facilities, government institutions, and managed care entities. These professionals are recruited nationwide and typically placed on multi-week contracts with assignment length ranging from a few days up to one year.

Physician Permanent Placement Services Segment

The Company provides physician permanent placement services under its Merritt Hawkins and Kendall & Davis brands to hospitals, healthcare facilities and physician practice groups throughout the United States. Its specialty offerings include over 70 specialist and sub-specialist opportunities such as internal medicine, family practice and surgery.

The Company competes with Cross Country Healthcare, CHG Healthcare Services, On Assignment, LocumTenens.com, Medical Staffing Network, Supplemental Health Care, Maxim Healthcare Services and Favorite Healthcare Staffing.

Company Address

AMN Healthcare Services Inc

Suite 100, 12400 High Bluff Driv
SAN DIEGO   CA   92130
P: +1866.8718519
F: +1800.2821211

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