Healthcare Staffing Provider AMN Healthcare to Acquire Stratus Video
In a move that reinforces the blend of tech and service taking place in the world of HR and talent, AMN Healthcare Services, Inc. (NYSE: AMN), a provider of healthcare […]

In a move that reinforces the blend of tech and service taking place in the world of HR and talent, AMN Healthcare Services, Inc. (NYSE: AMN), a provider of healthcare talent solutions and staffing services, today announced a definitive agreement to acquire Stratus Video for a purchase price of $475 million. The acquisition is expected to be immediately accretive to AMN’s adjusted earnings per share.Stratus Video, based in Clearwater, Florida, is the leading provider of video remote language interpretation services for the healthcare industry. The company has grown rapidly since its founding in 2012, surpassing $100 million revenue in 2019. Based on fourth quarter 2019 results, Stratus’ twelve-month annualized run rate was approximately $119 million of revenue and $34 million of adjusted EBITDA.

Source: AMN Healthcare to Acquire Stratus Video

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