Daily News

View All News

Mastech closes sale of healthcare unit

August 13 2013

Mastech Holdings Inc. (NYSE MKT: MHH) closed on the sale of its healthcare staffing businesses to Accountable Healthcare Staffing Inc. Mastech will get $1.15 million for its healthcare operations, including approximately $1.0 million in cash at closing plus the assumption of certain liabilities.

“This divestiture is about ‘focus’ and not about a lack of confidence in our team of dedicated healthcare professionals,” said Mastech CEO D. Kevin Horner. “Today, we are a pure-play IT staffing company, which is where our core competencies and unique value proposition lie.”

To read Staffing Industry Analysts’ report on the sale, click here.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*