Healthcare Staffing Report: Dec. 14, 2017

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DHI Group sells Health eCareers

DHI Group Inc. (NYSE: DHX), which operates Dice and other job boards, sold its Health eCareers business to Everyday Health Professional, a subsidiary of j2 Global, for approximately $15 million in cash.

The transaction closed Decd. 4, and DHI said it will use the proceeds to reduce the balance on its revolving credit facility and support strategic initiatives.

“This is a great fit for Health eCareers, joining one of the leading providers of digital health marketing and communications solutions targeted to healthcare professionals,” said DHI Group President and CEO Michael Durney. “While already successful, Health eCareers will no doubt thrive by being under the same roof as Everyday Health Professional.”

DHI had acquired Health eCareers in November 2013. The site focuses on healthcare jobs.

DHI Group in November reported third-quarter revenue fell 6.5%, and announced Durney plans to step down as president and CEO effective March 31, 2018.