☰
Employment agency company, Cross Country Healthcare, Inc., has recently announced that it is entering into a strategic pact to procure the assets of Mint, LP (Mint Medical Physician Staffing) and Lotus, LLC (Lotus Medical Staffing LLC combined with Lotus and Mint Sellers).
For the unversed, Mint is a locum tenens staffing agency committed to employing skilled nurses, practitioners, physicians, and physician assistants on a contractual basis. Meanwhile, Lotus is locum tenens as well as permanent placement agency dedicated to placing certified registered nurse anesthetists and anesthesiologists.
Apparently, both the sellers’ staff across the U.S.
According to sources, substantially, the firm will be acquiring all the assets and assuming certain liabilities of Lotus and Mint. The transaction is estimated to be finalized in the last quarter of 2022 and will be responsible for using the accounting acquisition approach, which is apparently not significant.
Commenting on the move, John Martins, President and Chief Executive Officer of Cross Country Healthcare, addressed this as the first acquisition undertaken by the firm in 2022, adding that it is delighted to include Mint and Lotus brands in its portfolio.
John mentioned that this would back the firm’s strategy of becoming a leader in advanced practitioner and locum tenens markets.
John further stated that scaling in this constantly growing market segment will empower the firm to strengthen its client base and add more clinicians, further enhancing the stockholder value. Moreover, Cross Country Healthcare, Inc. (CCH) is a pioneer in offering workforce solutions and advisory firms with 36 years of experience in the industry and insights.
The firm is well-recognized for solving the complex challenges related to the labor force for customers whilst offering high-quality outcomes and exceptional patient care. Additionally, it also offers exceptionally high services to its clients, homecare, education, and clinical and non-clinical healthcare professionals.
An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...
Pacific Island nations have reportedly pushed Japan to postpone the release of Fukushima nuclear power plant wastewater due to concerns that it may pollute fishing grounds. An appeal was made on Wednesday when Japan announced that treated sewage f...
Danone, the French bottled water and yogurt firm, is reportedly being sued in court by three environmental activists’ groups for failing to cut its plastic footprint significantly. According to the groups, the maker of Evian and Volvic miner...
Bosch, the German technology company, has reportedly expanded its security footprint in the ridesharing market with the launch of its latest security dashcams. At CES 2023, Las Vegas, the German tech firm unveiled a new integrated smart camera on ...
Australia's Prime Minister Anthony Albanese has reportedly denied rumors that Rio Tinto and its partners could receive a $450 million settlement for the Gladstone power station, which would bring the total compensation for the coal price limit to...
Businesses in the UK are still reportedly grappling after two years following the beginning of post-Brexit trading, as suggested by a new report. According to the British Chambers of Commerce (BCC), firms are still battling increased red tape and ...
© 2023 aeresearch.net. All Rights Reserved.