Healthcare Staffing Report: March 5, 2015

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AMN revenue rises in Q4 led by nurse and allied

AMN Healthcare Services Inc. (NYSE: AHS), the largest US healthcare staffing firm, reported fourth-quarter revenue rose 12.5%. And fourth-quarter nurse and allied staffing revenue rose 16.7%.

The company in January completed its acquisition of Onward Healthcare, Locum Leaders and VMS provider Medefis from OGH LLC for a total purchase price of $82.5 million.

Quote

“The market environment accelerated mid-year as a stronger economy and millions of newly insured Americans released pent-up demand for both healthcare services and the underlying clinical labor that delivers patient care,” said President and CEO Susan Salka. “Market trends continued to strengthen as the fourth quarter progressed, resulting in better than anticipated revenue and earnings growth.”

Revenue by segment

Full-year results

Guidance

AMN forecast first-quarter revenue of $310 million to $314 million and gross margin of 30.5%. This guidance includes the expected results for Avantas for the entire quarter and the Onward Healthcare, Locum Leaders and Medefis companies from the Jan. 7 acquisition date.