Company Quick10K Filing
Cross Country Healthcare
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 36 $310
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-03-02 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-03-03 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-03-11 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-03-06 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-08 Quarter: 2014-03-31
10-K 2014-03-18 Annual: 2013-12-31
10-Q 2013-11-07 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-03-18 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-03-12 Annual: 2011-12-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-05 Quarter: 2011-03-31
10-K 2011-03-11 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-05 Quarter: 2010-06-30
10-Q 2010-05-06 Quarter: 2010-03-31
10-K 2010-03-15 Annual: 2009-12-31
8-K 2020-02-14 Other Events, Exhibits
8-K 2020-02-12 Other Events, Exhibits
8-K 2019-11-05 Earnings, Regulation FD, Exhibits
8-K 2019-10-25 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2019-10-16
8-K 2019-10-11 Other Events, Exhibits
8-K 2019-09-30 Enter Agreement, Exhibits
8-K 2019-07-31 Earnings, Regulation FD, Exhibits
8-K 2019-07-11 Other Events, Exhibits
8-K 2019-05-15 Other Events
8-K 2019-05-14 Shareholder Vote
8-K 2019-05-13 Other Events, Exhibits
8-K 2019-05-01 Earnings, Regulation FD, Exhibits
8-K 2019-04-15 Officers, Other Events, Exhibits
8-K 2019-04-03 Other Events, Exhibits
8-K 2019-03-29 Enter Agreement, Other Events, Exhibits
8-K 2019-02-27 Earnings, Regulation FD, Exhibits
8-K 2019-02-15 Other Events, Exhibits
8-K 2019-02-13 Other Events, Exhibits
8-K 2019-01-31 Officers, Exhibits
8-K 2019-01-16 Officers, Other Events, Exhibits
8-K 2018-12-13 Other Events, Exhibits
8-K 2018-12-05 Other Events, Exhibits
8-K 2018-11-15 Other Events, Exhibits
8-K 2018-11-01 Earnings, Regulation FD, Exhibits
8-K 2018-10-19 Other Events, Exhibits
8-K 2018-10-16 Officers
8-K 2018-10-16 Other Events, Exhibits
8-K 2018-10-03 Other Events, Exhibits
8-K 2018-09-10 Earnings, Officers, Regulation FD, Exhibits
8-K 2018-09-06 Other Events, Exhibits
8-K 2018-08-01 Earnings, Regulation FD, Exhibits
8-K 2018-08-01 Earnings
8-K 2018-07-30 Officers, Exhibits
8-K 2018-07-03 Other Events, Exhibits
8-K 2018-05-22 Shareholder Vote
8-K 2018-05-02 Earnings, Regulation FD, Exhibits
8-K 2018-05-01 Other Events, Exhibits
8-K 2018-04-04 Other Events, Exhibits
8-K 2018-02-28 Earnings, Regulation FD, Exhibits
8-K 2018-02-20 Other Events, Exhibits
8-K 2018-01-25 Officers, Other Events, Exhibits

Cross Country Healthcare Financials

CCRN Metrics, Comps, Filings

Annual | Quarterly

Business

Cross Country Healthcare, Inc. (NASDAQ: CCRN) is a national leader in providing healthcare staffing, recruiting and value-added workforce solutions. Through a full suite of innovative workforce solutions and a national presence including 73 office locations throughout the United States (U.S.), we are able to meet the unique and dynamic needs of our clients. By utilizing our various solutions, clients are able to better plan their personnel needs, outsource recruitment processes, strategically flex their workforce, access quality healthcare personnel, and provide continuity of care for improved patient outcomes.

Our solutions are geared towards assisting our clients in maintaining high quality outcomes by addressing their healthcare workforce needs. We are increasingly being called upon by our clients to provide more creative and strategic talent sourcing strategies with respect to nurses, doctors, allied healthcare professionals, and healthcare executives, all on a temporary and permanent basis. Over the past several years, our workforce solutions have evolved into a total talent management relationship as our clients continue to focus on improving labor management to address complex financial, compliance, and other challenges in the healthcare industry. As part of this evolution of our services, we continue to consider the following: (1) solving the immediate and future needs of our customers and healthcare professionals; (2) enhancing our network of healthcare professionals and deepening our relationship with them; (3) expanding our service offerings to reduce sensitivity to economic cycles; (4) expanding our expertise with various healthcare solutions in various geographic areas of the U.S. and (5) continuing to diversify our client base to enhance our long-term business prospects. Today, our workforce solutions include:

-Managed Service Programs (MSPs). The market has continued to shift towards a centralized model for managing contingent labor for both clinical and non-clinical needs. We have been a market leader in this area since launching our first MSP in 2003, an account we continue to serve today. Over the past 15 years, we have grown our relationships and today service more than 70 clients across more than 900 facilities, with estimated spend under management of approximately $400 million annually. The benefits to our clients not only include reduced costs and increased visibility into their needs and usage, but they gain access and insight from our industry expertise on a broad range of topics. In 2017, we acquired Advantage RN, LLC (Advantage) to supplement the number of nurses we place at our MSP clients, increase our capture rate at those accounts, and reduce the number of positions we outsource to subcontractors. In addition, Advantage provides a vehicle for us to cross-sell our MSP solutions to Advantage's clients and increase our footprint in the Midwest where Advantage is located.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Apollo Medical (AMEH) 614,993 28% 5.5 8% 568,330 162,658 498,543 137,509 46,333 102,315 557,989
Hackett Group (HCKT) 543,886 35% 16.8 10% 191,369 60,168 278,181 97,674 19,104 31,577 531,704
Cross Country Healthcare (CCRN) 309,878 6% -13.2 -18% 396,968 232,280 799,552 50,559 -72,107 -26,921 355,661
Startek (SRT) 308,770 16% 47.7 -3% 680,670 400,791 533,651 82,762 -19,954 9,055 431,588
BG Staffing (BGSF) 188,401 27% 7.1 16% 104,039 37,871 291,696 79,394 16,212 26,501 188,401
Avalon Globocare (AVCO) 182,330 1% -18.8 -75% 13,633 5,091 1,180 10 -10,288 -9,535 178,929
Information Services Group (III) 121,821 42% 12.5 1% 217,385 136,325 267,985 112,290 2,667 16,608 208,322
Volt Information Sciences (VISI) 97,429 15% -12.9 -8% 222,363 186,690 1,003,487 153,612 -17,323 -8,292 107,369
DLH Holdings (DLHC) 85,654 24% 12.9 4% 135,014 91,208 138,697 33,668 5,515 11,084 143,280
Ashford (AINC) 85,151 0% 2.0 2% 418,178 142,743 219,327 0 7,767 29,047 56,938
ARC Document Solutions (ARC) 63,571 33% 3.3 1% 372,462 224,709 394,881 129,353 5,315 48,712 158,816
Mastech Digital (MHH) 52,672 24% 6.3 10% 96,374 54,645 182,609 44,264 9,416 13,026 81,744
RCM Technologies (RCMT) 41,531 25% 5.7 5% 92,099 61,550 200,130 49,340 4,776 7,074 40,663
Hudson Global (HSON) 39,832 55% -3.2 -9% 46,133 12,132 76,303 42,204 -4,292 -3,370 10,774
Wilhelmina (WHLM) 26,240 28% 11.3 1% 45,238 18,879 77,543 22,058 609 2,006 22,588
Command Center (CCNI) 26,203 26% 6.6 10% 25,045 6,544 99,760 25,894 2,603 2,919 19,188
Lightbridge (LTBR) 25,196 -0.3 -54% 23,408 469 0 0 -12,751 -12,751 4,220
China Internet Nationwide Financial Services (CIFS) 18,355 0% 66,845 1,964 0 0 0 0 16,776
Staffing 360 Solutions (STAF) 12,922 17% 13.9 -5% 98,453 92,558 292,732 49,051 -4,628 3,499 48,547
Volt Information Sciences (VOLT)

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash10,64810,4638,0554,9952,45320,63025,53716,019
Accounts Receivable71,80262,67460,750113,129146,873173,620173,603166,128
Inventory
PP&E12,0188,23550,94912,13310,47012,81814,08613,628
Assets335,910305,924248,245325,133366,097388,378467,687427,003
Accounts Payable
Long-Term Debt25,0481769370,46781,80392,055100,00078,641
Liabilities86,60996,80187,578194,801224,753236,576229,968208,805
Stockholders' Equity249,300209,123160,667129,878140,848151,243237,089217,528
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue503,986442,6353,89717,800767,421833,537865,048816,484
Cost of Revenue366,044331,050324,851460,021570,056611,802636,462
Gross Profit137,942111,585-320,954-442,221197,365221,735228,586
R&D
SG&A116,538109,417106,117141,018161,275179,820187,435180,230
Tax4,132-6,1501,1641,3741,0351,773-34,501-2,478
Net Income4,098-42,221-51,969-31,5344,9548,73138,802-15,717
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating18,29610,1468,659-4,07218,23530,14545,50820,997
Cash Investing-4,19617515,205-45,452-24,070-9,780-91,380-6,678
Cash Financing-14,236-10,583-26,06146,4593,355-2,16450,756-23,767