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Team Health Q3 net revenue rises 26%

November 4, 2015

Team Health Holdings Inc. (NYSE: TMH), a clinical outsourcing provider in healthcare, reported third-quarter net revenue rose 26.2% to $899.2 million. Team Health operates healthcare staffing firm D&Y among its other business operations.

“Third quarter consolidated revenue growth was driven by positive...


US adds 182,000 jobs in October, ADP reports

November 4, 2015

US private sector employment rose by 182,000 jobs in October from September, according to the ADP national employment report produced by Automatic Data Processing Inc. (NASD: ADP) in collaboration with Moody’s Analytics. October’s jobs gain is a decrease from September’s 190,000 additions — a...


Health Carousel acquires Ohio-based healthcare staffing firm

November 4, 2015

Healthcare staffing provider Health Carousel acquired Dayton, Ohio-based Next Medical Staffing.

The transaction closed Nov. 1. Terms were not disclosed but the transaction was majority cash at close plus an earn-out based on future company performance.

Next’s team will maintain its Dayton office and...


SterlingBackcheck acquires EmployeeScreenIQ

November 4, 2015

SterlingBackcheck, a background screening company, acquired Cleveland, Ohio-based EmployeeScreenIQ, a provider of employment background checks and substance abuse screening services.

Terms of the transaction were not disclosed.

The company now operates as EmployeeScreenIQ, a SterlingBackcheck Company.

SterlingBackcheck...


US nonmanufacturing index rises in October

November 4, 2015

Economic activity in the US nonmanufacturing sector increased in October and at a faster pace than September. The Institute for Supply Management’s nonmanufacturing composite index rose to a reading of 59.1 from September’s reading of 56.9.

A reading above 50 indicates expansion in the sector.

The...


MedAsset’s VMS to get new owner

November 3, 2015

MedAssets Inc.’s (NASD: MDAS) vendor management system for healthcare staffing buyers, which operates under the name MedAssets Workforce Solutions, may soon have a new owner as part of a deal by private equity firm Pamplona Capital Management to acquire MedAssets.

Plans announced Monday call for Pamplona...


TEKsystems survey: IT hiring plans on rise for full-time employees

November 3, 2015

IT leaders’ plans for hiring full-time employees are on the rise, according to TEKsystems’ quarterly “reality check” survey released today. However, expectations for hiring temporary employees reflect more volatility; coming out of a summertime lull, contingent hiring expectations are now back...


Pulse tracks September deceleration in temp staffing revenue

November 3, 2015

US temporary staffing revenue rose a median 10% year over year in September among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The 10% growth in September is a slight deceleration from the 11% growth rate reported in August.

“The high point of this month’s report...


Film takes look at staffing industry, death of temp worker

November 3, 2015

A film, “A Day’s Work,” takes a look at the staffing industry — including the death of a temporary worker in 2012 during his first day on the job — and is now being screened at various US locations. The film came out earlier this year; its website lists eight showings with the next scheduled...


TriNet Q3 revenue up 20%

November 3, 2015

TriNet Group Inc. (NYSE: TNET), the fourth-largest US professional employer organization, reported third-quarter total revenue rose 20.2% year over year.

Net income at the PEO also rose to $3.1 million from $725,000 in the year-ago quarter.

(US$ thousands) Q3 2015 Q3 2014 % growth
Professional...