AMN Healthcare Services Faces Increasing Headwinds as the Labor Market Tightens
AMN Healthcare Services reported a decent third quarter, but its performance is clearly slowing. The overheated employment market seems to be catching up with the staffer as a few key metrics and revenue guidance for the fourth quarter point to some forming headwinds. The firm continues to struggle with its permanent physician staffing segment as this business reported a 9.3% decrease in revenue and a 170-basis-point compression in gross margin. Historically, higher-level and costlier staffing s...AMN Healthcare Services provides talent solutions for the healthcare sector. The company's talent solutions provides management, staffing, recruitment, technology, analytics, and related services to manage healthcare workforce needs. The company provides its healthcare personnel, from nurses, doctors, and allied health personnel to healthcare leaders and executives. The company's workforce solutions and staffing services include: travel nurse staffing; rapid response nurse staffing and labor disruption services; local, or per diem, staffing; locum tenens staffing; allied staffing; physician permanent placement services; interim leadership staffing and executive search services; and recruitment process outsourcing.
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