Stocks to Watch – AMN Healthcare Services Inc. (NYSE: AHS)
AMN Healthcare Services, Inc. (AMN Healthcare) is a company that provides healthcare staffing and clinical workforce management solutions. It was established on November 10, 1997. It offers travel nurse, local (per diem) nurse, allied and locum tenens (temporary physician) staffing services. The Company is involved in the recruitment and placement of healthcare professionals on assignments of variable lengths with clients throughout the United States.
Moreover, the Company offers healthcare professionals placement opportunities through the provision of staffing solutions to its hospital and healthcare facility clients throughout the United States. Its revenue is derived from 50 states. It offers services to the following institutions:
- Healthcare facilities
- Physician groups
- Rehabilitation centers
- Dialysis clinics
- Pharmacies
- Ambulatory surgery centers
Some of its major clients are:
- Kaiser Foundation Hospitals
- Georgetown University Hospital
- HCA
- NYU Medical Center
- Stanford Hospital and Clinics
- UCLA Medical Center
- The University of Chicago Hospitals
- Mayo Health System
By the year 2010, the Company has acquired NF Investors, Inc. (NFI) which is the parent company of Medfinders. This is involved in the provision of clinical workforce managed services programs.
The Company utilizes unique brands to sell its services all throughout the healthcare staffing spectrum. The Company markets its travel nurse and allied staffing services to hospitals and healthcare facilities under one brand, AMN Healthcare, as a single staffing and clinical management services provider with access to healthcare professionals from multiple recruitment brands.
On the other hand, the locum tenens and physician permanent placement services are marketed under the brand names Staff Care and Merritt Hawkins.
Its pharmacy staffing services are marketed to customers using the name Rx Pro Health. The local staffing service is marketed under the brand name Nursefinders. The staffing of opportunities to healthcare professionals are marketed under recruitment 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.
The Company’s competitors are Cross Country Healthcare, CHG Healthcare Services, On Assignment, LocumTenens.com, Medical Staffing Network, Supplemental Health Care, Maxim Healthcare Services and Favorite Healthcare Staffing Jackson & Coker.
AMN Healthcare Services, Inc. (NYSE: AHS) 52 week: 3.60 – 9.33 Mkt cap: 250.81M Shares: 40.45M
