Special Note Regarding Forward-Looking Statements

This website 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. We based these forward-looking statements on expectations, estimates, forecasts and projections about future events and the industry in which we operate at the time the applicable statements were made. Forward-looking statements are identified by words such as “believe,” “anticipate,” “expect,” “intend,” “plan,” “will,” “should,” “would,” “project,” “may,” variations of such words and other similar expressions. In addition, statements that refer to projections of financial items; anticipated growth; future growth and revenues; future economic conditions and performance; plans, objectives and strategies for future operations; and other characterizations of future events or circumstances, are forward-looking statements. Our actual results could differ materially from those discussed in, or implied by, these forward-looking statements. Factors that could cause actual results to differ from those implied by the forward-looking statements on our website are set forth in our Annual Report on Form 10-K for the year ended December 31, 2012, our quarterly and other periodic reports, our current reports and our other filings with the Securities and Exchange Commission (all of which we encourage you to review). These factors include, but are not limited to, the following:

 

the effects of economic downturns or slow recoveries, which could result in less demand for our services;

any inability on our part to maintain our clients and secure new ones and to fill new and profitable orders and searches for our clients;

the level of consolidation and concentration of buyers of healthcare staffing services, which could affect the pricing of our services and our ability to mitigate risk;

any inability on our part to quickly respond to changing marketplace conditions, such as alternative modes of healthcare delivery, or to client needs;

the ability of our clients to retain and increase the productivity of their permanent staff, which may negative affect the demand for our services;

our ability to grow and operate our business in compliance with employment laws and other legislation, laws and regulations that may directly or indirectly affect us, such as Medicare certification and reimbursement, professional licensure, government contracting requirements, the Patient Protection and Affordable Care Act and other state or federal healthcare reform legislation;

the challenge to the classification of certain of our healthcare professionals as independent contractors;

the effect of medical malpractice, employment and wage regulation and other claims asserted against us, which could subject us to substantial liabilities;

any inability on our part to implement new operating and back office systems effectively;

the effect of technology disruptions and obsolescence, which may negatively affect our business operations;

any inability on our part to recruit and retain sufficient quality clinicians and physicians at reasonable costs;

any inability on our part to properly screen and match clinicians and physicians with suitable placements;

any inability on our part to successfully attract and retain a sufficient number of quality sales and operational personnel;

the loss of our key officers and management personnel;

any inability on our part to maintain at reasonable costs the positive brand identities we have developed and acquired;

any recognition by us of an impairment to goodwill or indefinite lived intangibles;

the effect of adverse adjustments by us to accruals for self-insured retentions and uncertain income tax liability, which could decrease our earnings or increase our losses, as the case may be, or negatively affect our cash flow; and

our level of indebtedness and any inability on our part to generate sufficient cash flow to service our debt.

Unless otherwise required by applicable law, we undertake no obligation to update the forward-looking statements contained herein.


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