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American Health Staffing Group acquires travel nurse staffing firm

October 20, 2017

American Health Staffing Group Inc. acquired Advance Med, a Frisco, Texas-based provider of travel nurse staffing co-founded by John Clements and Kaine Smith. Advance Med currently places more than 300 traveling healthcare professionals.

“We are excited to welcome John and Kaine to the AHSG family,” said AHSG Executive Chairman Steve Francis. “They are an exceptional entrepreneurial team that has built an impressive, high-growth travel staffing business. With Advance added to Expedient Medstaff, we have the foundation in place to build a powerhouse travel nurse business.”

Francis is also a co-founder and former CEO of AMN Healthcare Inc. (NYSE: AHS).

AHSG’s acquisition of Advance Med follows the company’s acquisition in August of Expedient Medstaff LLC, a travel nurse staffing provider based in the Detroit area, and the acquisition in May of Thaxton Barabe, a provider of interim healthcare leadership staffing based in Portland, Ore.

American Health Staffing Group is based in Edmond, Okla., and is a portfolio company of BelHealth Investment Partners LLC, a New York-based private equity firm with a focus on healthcare.