Cross Country Healthcare, Inc. (CCRN)

Over the past six months, Cross Country Healthcare's stock price has declined by 17.86%, and as of April 2, 2026, the share price was $9.18, a 36.73% decline from April 4, 2025. Recent earnings reports have shown the company missing expectations, with a reported EPS of -$0.06 and revenue of $236.76 million on March 3, 2026. In the third quarter of 2025, revenue fell 20.6% year-over-year, though homecare staffing showed growth. A pending merger with Aya Healthcare was under review by the FTC.

Cross Country Healthcare's demand is influenced by factors within the healthcare industry, including the staffing needs of healthcare facilities. The demand environment for travel and local staffing has been softening, impacting revenue, and bill rates are declining. Reduced funding for Skilled Nursing Facilities (SNFs) has also led to decreased utilization of contingent labor, and client decision-making cycles are taking longer.

Cross Country Healthcare, Inc. is a technology-enabled workforce solutions and advisory firm specializing in the healthcare sector, providing talent management services such as strategic workforce solutions, contingent staffing, and permanent placement. The company operates through two segments: Nurse and Allied Staffing, which offers staffing, recruiting, and total talent solutions, and Physician Staffing, which provides physicians and other medical professionals for temporary assignments. Cross Country Healthcare also offers executive search services and education healthcare services, leveraging an AI-powered digital platform to optimize labor ecosystems.

Cross Country Healthcare primarily generates revenue in the U.S., with long-lived assets located in the U.S. and India. The company provides staffing services across all 50 states, with a significant portion of revenue concentrated in California, New York, and Florida. It also serves healthcare facilities in the Caribbean, and its headquarters are in Boca Raton, Florida.

Cross Country Healthcare has maintained a positive brand reputation, receiving multiple Comparably Culture Awards and Best of Staffing® awards, including Diamond awards for Client satisfaction. The company has also been recognized with Energage Top Workplaces awards in the Healthcare category. In March 2026, Cross Country Healthcare released its 2026 Healthcare Workforce Outlook, highlighting its focus on AI-driven forecasting and unified labor technology.

Cross Country Healthcare has a mixed ownership structure, including institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock, ranging from approximately 43.19% to 79.56%. Major institutional owners include BlackRock, Inc., Dimensional Fund Advisors LP, and Vanguard Group Inc. Individual investors and insiders also hold shares, with Charterhouse Equity Partners III LP being a large individual shareholder and insiders holding approximately 6.77% to 23.56% of the stock.