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AMN Healthcare Announces Fourth Quarter and Full Year 2023 Results

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Thursday, February 15, 2024

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DALLAS, Feb. 15, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced its fourth quarter and full year 2023 financial results. Financial highlights are as follows:

Key Points:

Q4 2023 financial results were consistent with our expectations, with strength in language services and our organic locum tenens business.
"Our healthcare professionals and corporate team members were resilient in 2023, working through the largest cyclical reset of staffing demand in industry history," said Cary Grace, AMN President and Chief Executive Officer.
Consolidated revenue for the quarter was $818 million, a 27% decrease over prior year and 4% lower than prior quarter.
Language services revenue was $68 million in the quarter, up 18% year over year and 3% compared with the prior quarter.

AMN Healthcare Completes Acquisition of MSDR

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Thursday, November 30, 2023

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DALLAS, Nov. 30, 2023 (GLOBE NEWSWIRE) -- AMN Healthcare (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced it has closed on the acquisition of MSDR.

Key Points:

DALLAS, Nov. 30, 2023 (GLOBE NEWSWIRE) -- AMN Healthcare (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced it has closed on the acquisition of MSDR.
MSDR consists of two healthcare staffing companies that specialize in locum tenens and advanced practices, Medical Search International and DRW Healthcare Staffing.
The Company expects the MSDR acquisition to have an immaterial contribution to AMN’s consolidated financial results for the fourth quarter of 2023.

Healthcare Staffing Market Size to Hit USD 50,112 Million by 2032| Precedence Research

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Wednesday, November 22, 2023

The aging population and improvements in medical technology have led to a demand for specialized healthcare services, leading to market growth.

Key Points:

The aging population and improvements in medical technology have led to a demand for specialized healthcare services, leading to market growth.
Healthcare Discount Plan Market : The global market size reached USD 20 billion in 2022 and is expected to hit around USD 80.56 billion by 2032, poised to grow at a CAGR of 15% during the forecast period from 2023 to 2032.
In June 2023, Jackson Healthcare acquired LRS Healthcare, a healthcare staffing firm based in Omaha, Nebraska.
In Oct 2023, AMN Healthcare Services Inc., one of the largest US healthcare staffing firms, announced the acquisition of healthcare staffing and locum tenens provider MSDR.

Healthcare Staffing Market Size to Hit USD 50,112 Million by 2032 | Precedence Research

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Wednesday, November 22, 2023

U.S. Home Healthcare Market : The market size was evaluated at USD 143.19 billion in 2022 and is projected to attain around USD 278.83 billion by 2032, growing at a CAGR of 6.89% during the forecast period from 2023 to 2032.

Key Points:

U.S. Home Healthcare Market : The market size was evaluated at USD 143.19 billion in 2022 and is projected to attain around USD 278.83 billion by 2032, growing at a CAGR of 6.89% during the forecast period from 2023 to 2032.
Healthcare Discount Plan Market : The global market size reached USD 20 billion in 2022 and is expected to hit around USD 80.56 billion by 2032, poised to grow at a CAGR of 15% during the forecast period from 2023 to 2032.
Antibody Discovery Market : The global market size was estimated at USD 6.9 billion in 2022 and is projected to hit around USD 17.02 billion by 2032, registering a CAGR of 9.5% from 2023 to 2032.
In Oct 2023, AMN Healthcare Services Inc., one of the largest US healthcare staffing firms, announced the acquisition of healthcare staffing and locum tenens provider MSDR.

AMN Healthcare Announces Third Quarter 2023 Results

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Thursday, November 2, 2023

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DALLAS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced its third quarter 2023 financial results. Financial highlights are as follows:

Key Points:

Earnings were better than expected as in-line core results were augmented by several favorable factors that we expect will not recur in the fourth quarter.
“The AMN team did an impressive job balancing business execution in the third quarter alongside our initiatives to sharpen our strategic plan and implement powerful advancements in our technology platform and processes,” said Cary Grace, President and Chief Executive Officer of AMN Healthcare.
Adjusted diluted EPS in the third quarter was $1.97 compared with $2.57 in the same quarter a year ago.
Our physician and leadership search businesses saw revenue decline by 25% year over year and 10% quarter over quarter.

AMN Healthcare to Acquire MSDR

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Monday, October 23, 2023

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DALLAS, Oct. 23, 2023 (GLOBE NEWSWIRE) -- AMN Healthcare (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced a definitive agreement to acquire MSDR for a purchase price of $300 million.

Key Points:

DALLAS, Oct. 23, 2023 (GLOBE NEWSWIRE) -- AMN Healthcare (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced a definitive agreement to acquire MSDR for a purchase price of $300 million.
MSDR consists of two healthcare staffing companies that specialize in locum tenens and advanced practices, Medical Search International (MSI) and DRW Healthcare Staffing (DRW).
MSI, founded in 2002, serves healthcare systems across the United States by placing high-quality healthcare professionals that specialize in psychiatry, anesthesia, radiology, and surgery.
“We are very excited to welcome the MSDR team into the AMN Healthcare family and expand the workforce solutions available to our clients across the country,” said AMN Healthcare President and Chief Executive Officer Cary Grace.

Alliance Memory Signs Rep Agreement With Electra Sales to Support Customers in Upstate New York

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Thursday, July 13, 2023

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Under the agreement, the company is now offering Alliance Memory’s entire lineup of SRAM, DRAM, embedded multi-media card (eMMC), and flash memory ICs to its customers throughout Upstate New York.

Key Points:

Under the agreement, the company is now offering Alliance Memory’s entire lineup of SRAM, DRAM, embedded multi-media card (eMMC), and flash memory ICs to its customers throughout Upstate New York.
Electra Sales has been providing consultative sales services for the Upstate New York market since 1972, with a territory that consists of all counties north of, and including, Orange and Putnam.
"In the dynamic and demanding marketplace of Upstate New York, Electra Sales has been a reliable source of customer-centric service for more than four decades," said Tom Gargan, director of sales for Canada, the Eastern U.S., and Brazil at Alliance Memory.
"At Electra Sales, we take pride in partnering with industry-leading manufacturers, and Alliance Memory undoubtedly fits that mold," said Mark Rogers, president and technical sales engineer at Electra Sales.

Alliance Memory Signs Rep Agreement With Eclipse Technologies to Support Customers in Wisconsin and Illinois

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Tuesday, November 15, 2022

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KIRKLAND, Wash., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Alliance Memory today announced that it has concluded an agreement with Eclipse Technologies Inc. , a Milwaukee-based manufacturers representative for electronic components.

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KIRKLAND, Wash., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Alliance Memory today announced that it has concluded an agreement with Eclipse Technologies Inc. , a Milwaukee-based manufacturers representative for electronic components.
Under the agreement, the company is now offering Alliance Memorys entire lineup of SRAM, DRAM, embedded multi-media card (eMMC), and flash memory ICs to its customers throughout Wisconsin and Illinois.
Eclipse Technologies has been providing sales and engineering services for the industrial, medical, security, military, communications, computing, and automotive markets since 2010.
We couldnt be more excited to bring these devices to Alliance Memorys expanding customer base in Wisconsin and Illinois.

Alliance Memory Signs Rep Agreement With ESI to Support Expanding Customer Base in Southeast and Central U.S.

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Thursday, January 20, 2022

DDR3, DDR2, 1T-SRAM, Partnership, Knowledge, ESI, SRAM, DDR, GLOBE, Solution, IC, SDR, MSDR, DRAM, Temperature, Micron Technology, Electronics, CMOS, Â, Industry, ICS, DDR3L, SPI, NOR, Engineering, MultiMediaCard, LPDDR2, Transport, Airline, Computer data storage, LPDDR, DDR4, LPDDR4

ESI has been providing sales and engineering services to the electronics industry since 1972.

Key Points:

ESI has been providing sales and engineering services to the electronics industry since 1972.
We couldnt be more excited to add Alliance Memorys long-term memory solutions to our line card and support the companys expanding customer base.
Alliance Memory is a worldwide provider of critical and hard-to-find memory ICs for the communications, computing, consumer electronics, medical, automotive, and industrial markets.
Privately held, Alliance Memory maintains headquarters in Kirkland, Washington, and regional offices in Europe, Asia, Canada, and South America.