Health Advocates Network acquires Medical Temps Inc.
Health Advocates Network acquires Medical Temps Inc.
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Health Advocates Network, a healthcare staffing provider, acquired Medical Temps, a Louisiana-based healthcare staffing firm. This is Health Advocates Network’s third acquisition in the fourth quarter.
MTI provides predominantly local staffing from per diem to block contracts, according to Health Advocates Network. Medical Temps, or MTI, places registered nurses and licensed practical nurses to acute care facilities, long-term care operations and correctional locations.
The business will continue to operate as a separate unit under the Medical Temps brand.
“For a quarter of a century, MTI has provided quality professionals to healthcare and correctional facilities in my local markets,” Sarah Calhoun Allbritton, MTI founder and CEO, said in a press release. “The combination of Health Advocates’ experienced management team and deeper resources will allow for expanded career opportunities for both the Medical Temps Inc. field and internal staff as well as geographic expansion into Texas and Arkansas.”
Calhoun Allbritton will remain with the firm during a transition period. Other members of MTI’s internal staff will continue with the combined company.
“Sarah and her team are long-time participants in our industry with an excellent reputation,” Kevin Little, CEO of Health Advocates Network, said in a press release.
MTI was one of the first staffing firms in Louisiana to receive The Joint Commission certification in 2005, Little added.
Eddie Albert, director of M&A, Health Advocates Network, said he has known MTI for the past 15 years and Health Advocates Network was ready to step in when MTI went on the market.
“Sarah knows the two prior healthcare staffing firms that my partner Kevin Little and I founded (Medical Staffing Network and Accountable Healthcare Staffing), so we had credibility early on,” Albert said in a note to SIA. “It was important to Sarah that her legacy would go forth in experienced hands.”
Terms of the transaction were not announced.
Health Advocates Network remains active in M&A. Its two other acquisitions this quarter were DiagnosTemps and WorkSquare.
“Our acquisition pipeline remains robust, and we look forward to closing additional acquisitions in the near future,” Albert said in a press release.