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Sun's healthcare staffing revenue falls 20%

March 04, 2010

Sun Healthcare Group Inc. (NASD: SUNH) reported fourth-quarter revenue in its medical staffing services segment fell 19.4% to $23.6 million from fourth-quarter 2008 revenue of $29.2 million. Staffing revenue fell 1.3% sequentially from the third quarter.

Full-year 2009 staffing services revenue fell 14.8% to $102.6 million.

Irvine CA-based Sun operates a variety of healthcare businesses in addition to staffing. Sun posted total fourth-quarter revenue of $474.1 million and total 2009 revenue of $1.88 billion.