Asset Manager

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Cross Country Healthcare

Cross Country Healthcare is a workforce solutions platform and advisory firm founded in 1986 in Boca Raton, Florida. It operates in the healthcare staffing...

Cross Country Healthcare

Cross Country Healthcare is a workforce solutions platform and advisory firm founded in 1986 in Boca Raton, Florida. It operates in the healthcare staffing industry, providing staffing solutions and services to healthcare facilities. The firm serves sectors including homecare, education, and clinical and non-clinical roles.

General information

Firm type

Asset Manager

Year founded

1996

Location

Region

North America

Country

United States

City

Boca Raton

Corporate office

Boca Raton, FL, United States

Principals

John A. Martins

President & CEO

Sector focus

Healthcare Services

Frequently asked questions

Who runs Cross Country Healthcare?

John A. Martins was named Chief Executive Officer in January 2023 and had served as President since 2013. He operates from the firm's headquarters in Boca Raton, Florida. The executive team reports to a board of directors typical of a Nasdaq-listed company.

What is Cross Country Healthcare's business model?

Cross Country is a healthcare staffing and workforce-solutions firm. Revenue is generated primarily from the spread between the bill rate charged to hospitals and the pay rate earned by clinicians. The firm also operates managed service programs where it administers contingent labor for large health systems.

Is Cross Country Healthcare a private equity-backed firm or publicly traded?

Cross Country Healthcare has been a publicly traded company on the Nasdaq under the ticker CCRN since 2001. It is not structured as a family office, and does not have a private equity sponsor controlling its strategy.

Which clinical specialties does Cross Country Healthcare serve?

The firm places travel nurses, per-diem nurses, allied health professionals (such as imaging and respiratory therapists), locum tenens physicians, and advanced practice providers. It also runs an education division that trains new clinicians and supports workforce development programs for healthcare clients.

Has Cross Country Healthcare made recent acquisitions?

Yes. Cross Country has a history of rolling up regional staffing agencies and has also made capability acquisitions. In 2022 it acquired the intellectual property of an education technology platform from a venture-backed startup to accelerate its clinician-pipeline strategy.

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