AMN Healthcare Completes the Acquisition of MillicanSolutions
Enhances Physician and Healthcare Executive Search Services
SAN DIEGO, Oct. 6, 2015 /PRNewswire/ -- AMN Healthcare Services, Inc. (NYSE: AHS), the nation's leader and innovator in healthcare workforce solutions and staffing services, today announced the completion of its acquisition of MillicanSolutions, a well-respected physician and executive leadership search firm focused on serving academic medical centers and children's hospitals nationwide.
"As health systems accelerate their transformation into clinically integrated networks with changing care delivery models, the role of the physician leader is becoming even more critical for success," said Susan Salka, President and Chief Executive Officer of AMN Healthcare. "The addition of MillicanSolutions to the AMN family further demonstrates our commitment to providing a full suite of value-added total talent management solutions to our healthcare clients."
"In addition to complementing our industry leading Merritt Hawkins physician and healthcare executive retained search brand, MillicanSolutions brings further expertise and experience that will enable our clients to attract the executives and physician leaders needed as part of healthcare's evolving trends. We are very excited to have founder, Wesley Millican, and the entire MillicanSolutions team joining the AMN family," added Salka.
Wesley Millican, Founder of MillicanSolutions, added, "We share a significant common passion with AMN Healthcare for leaving a legacy of dramatic improvement in the lives of patients and children through the effective recruitment and retention support of world-class physician and C-Suite leaders. As a combined company, we can better respond to our healthcare clients' specialized leadership needs, and attract even more physician and executive leadership talent from among the top national and international candidate pools."
The acquisition includes cash payments totaling $4.0 million.
About AMN Healthcare
AMN Healthcare is the leader and innovator in healthcare workforce solutions and staffing services to healthcare facilities across the nation. AMN Healthcare's workforce solutions -- including managed services programs, vendor management systems, recruitment process outsourcing and consulting services -- enable providers to successfully reduce complexity, increase efficiency and improve patient outcomes within the rapidly evolving healthcare environment. The Company provides unparalleled access to the most comprehensive network of quality healthcare professionals through its innovative recruitment strategies and breadth of career opportunities. Clients include acute-care hospitals, community health centers and clinics, physician practice groups, retail and urgent care centers, home health facilities, pharmacies and many other healthcare settings. AMN Healthcare disseminates news and information about the Company through its website, which can be found at www.amnhealthcare.com.
MillicanSolutions is a well-respected physician and executive leadership search firm serving academic medical centers and children's hospitals nationwide. In addition to its proven executive search expertise, MillicanSolutions provides its clients with a unique platform of physician leadership development and retention resources enabling the achievement of talent acquisition success in the face of substantial national shortages. Based in Southlake, Texas, MillicanSolutions was founded in 2001 and is led today by Wesley D. Millican, MBA.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company based these forward-looking statements on its current expectations, estimates and projections about future events and the industry in which it operates using information currently available to it. Factors that could cause actual results to differ from those implied by the forward-looking statements contained in this press release are set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2014 and its other periodic reports as well as the Company's current and other reports filed from time to time with the Securities and Exchange Commission. Be advised that developments subsequent to this press release are likely to cause these statements to become outdated with the passage of time.
Vice President, Investor Relations
SOURCE AMN Healthcare Services, Inc.