Company Quick10K Filing
Cross Country Healthcare
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 36 $310
10-K 2020-03-05 Annual: 2019-12-31
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 2020-03-04 Earnings, Regulation FD, Exhibits
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
8-K 2018-08-01 Earnings, Regulation FD, Exhibits
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) 667,843 17% 11.8 3% 750,244 381,840 381,867 65,942 21,542 57,067 670,927
Hackett Group (HCKT) 553,377 34% 17.7 11% 193,933 55,186 213,366 72,987 20,856 30,483 539,454
Cross Country Healthcare (CCRN) 381,604 6% -15.2 -19% 393,991 230,344 808,035 50,559 -74,686 -29,140 442,702
Startek (SRT) 249,755 17% 19.6 -3% 659,714 384,936 638,564 106,024 -19,036 18,524 363,010
BG Staffing (BGSF) 188,141 27% 8.2 14% 105,993 38,407 293,998 80,198 15,358 23,084 188,141
Avalon Globocare (AVCO) 162,150 -3% -12.6 -124% 10,669 4,922 1,067 -31 -13,278 -12,811 161,050
Information Services Group (III) 124,398 42% 15.4 1% 220,727 136,261 200,262 83,626 1,247 13,404 206,505
Volt Information Sciences (VISI) 73,066 15% 3.8 3% 240,515 186,536 1,062,848 157,337 8,282 24,379 92,076
DLH Holdings (DLHC) 85,419 16% 10.8 4% 129,258 83,687 160,391 25,783 5,323 12,961 139,629
Ashford (AINC) 61,733 0% 2.2 -0% 421,837 148,779 234,651 0 -1,776 19,513 42,277
ARC Document Solutions (ARC) 59,653 33% 4.2 1% 364,179 214,834 290,099 94,925 2,191 35,559 150,263
Mastech Digital (MHH) 66,670 24% 7.1 10% 93,079 49,263 187,860 45,883 9,745 12,952 91,829
RCM Technologies (RCMT) 37,754 25% 7.8 3% 91,740 60,689 142,550 35,935 3,049 4,783 37,361
Hudson Global (HSON) 36,855 47% -4.5 -5% 47,149 13,191 68,363 32,451 -2,438 -1,773 7,974
Wilhelmina (WHLM) 29,785 28% 20.6 0% 43,501 17,389 57,245 16,079 176 1,284 26,449
Command Center (CCNI) 28,059 25% 41.6 -1% 22,728 4,846 97,470 24,335 -197 523 21,756
Lightbridge (LTBR) 2,405 2.1 -38% 23,038 1,687 0 0 -8,859 -8,859 -18,177
China Internet Nationwide Financial Services (CIFS) 18,355 0% 66,845 1,964 0 0 0 0 16,776
Staffing 360 Solutions (STAF) 9,792 17% 116.2 -2% 97,440 91,974 214,644 36,695 -2,350 408 47,404
HireQuest (HQI) 40% 0.6 -13% 58,543 29,481 24,838 9,930 -7,365 -2,439 -1,528

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