Cross Country Healthcare, Inc. (CCRN)

Over the past six months, Cross Country Healthcare's stock was significantly impacted by the announcement of a proposed merger with Aya Healthcare, Inc., which initially caused the share price to spike, but later declined due to regulatory scrutiny from the FTC. The merger is expected to close in the fourth quarter of 2025. The stock has seen a decrease of 6.27% over the last six months, and a 3.77% fall over the last month as of October 2025. The company's second-quarter 2025 financial results reported an EPS of $-0.01 against an estimated $0.07, and revenue of $274 million compared to an estimated $294 million, missing analyst expectations. The company's stock price as of October 23, 2025, was $12.79.

The healthcare staffing industry, in which Cross Country Healthcare operates, experiences seasonal fluctuations in demand due to changes in patient care needs, healthcare policies, and seasonal ailments. There is typically an increased demand for healthcare professionals during flu season, and contract staffing is used to manage these seasonal demand spikes.

Cross Country Healthcare, Inc. specializes in talent management services for healthcare clients across the United States, operating in the healthcare sector, specifically the personnel services industry. Its core business is divided into Nurse and Allied Staffing, and Physician Staffing. The Nurse and Allied Staffing segment provides traditional staffing, recruiting, and total talent solutions, encompassing temporary and permanent placement of travel and local nurses, allied professionals, and healthcare leaders, as well as vendor-neutral and managed services programs (MSPs). The Physician Staffing segment focuses on providing physicians across various specialties, certified registered nurse anesthetists (CRNAs), nurse practitioners (NPs), and physician assistants (PAs) as independent contractors for temporary assignments. Cross Country Healthcare also offers managed services programs (MSPs), vendor management systems (VMS), recruitment process outsourcing (RPO), project management, executive and contingent search, and other consultative services. The company serves a diverse client base, including public and private acute and non-acute care hospitals, government facilities, and various other healthcare providers.

Cross Country Healthcare, Inc. operates across all 50 U.S. states and historically had a presence in the European market.

Cross Country Healthcare maintains a generally positive brand reputation, evidenced by client testimonials and industry recognition, including being a multi-year "Best of Staffing®" award winner. The company's marketing team was named the No. 1 Marketing Team in the Nation by the 2025 OnCon Icon Awards, and the CEO, John A. Martins, was recognized among Newsweek's Most Loved Workplace Leaders in September 2024. Additionally, Colin McDonald, Chief Human Resource Officer, was honored on SIA's 2024 DE&I Influencer List in May 2024.

Cross Country Healthcare, Inc. has a mixed ownership structure, with approximately 96.03% of the stock held by institutional investors and 4.90% held by insiders. Major institutional owners include BlackRock, Inc., Magnetar Financial LLC, and Vanguard Group Inc, among others. Individual owners include company insiders such as William J. Burns and Susan E. Ball.