EMR Inc.

Duluth, MN, United States
Duluth, MN, United States
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News Article | May 2, 2017
Site: www.businesswire.com

ST. LOUIS--(BUSINESS WIRE)--The board of directors of Emerson (NYSE: EMR) today declared the regular quarterly cash dividend of forty-eight cents ($0.48) per share of common stock payable June 9, 2017, to stockholders of record May 12, 2017.


Red Hat customers will now be able to deploy Amazon Web Services (AWS) tools directly from Red Hat's OpenShift Container Platform, thanks to a new partnership announced Tuesday. The AWS services can be leveraged through OpenShift in the cloud and on-premise, according to a press release announcing the integration. Also, the integration of new AWS products and services will come to Red Hat Enterprise Linux even faster as a result. "With AWS's pace of innovation continuing to accelerate, we're excited about deepening our alliance with Red Hat so that customers can enjoy AWS's unmatched functionality as quickly as it comes out, whether they're using Red Hat Enterprise Linux or Red Hat OpenShift Container Platform," AWS CEO Andy Jassey said in the release. From the Red Hat OpenShift Container Platform, users will be able to configure and deploy a host of AWS services, many of which are focused on providing database services and big data tools. Products such as Amazon Aurora, Amazon Redshift, Amazon EMR, Amazon Athena, Amazon CloudFront, Amazon Route 53, and Elastic Load Balancing will be available, among others, the release said. Red Hat and AWS have been working together since 2008 to offer Red Hat Enterprise Linux on AWS. However, the latest integration highlights the growth of container use in the enterprise. "This will enable Red Hat OpenShift Container Platform customers to be more agile as they'll be able to use the same application development platform to build on premises or in the cloud," the release said. "Red Hat and AWS will also work together to provide a single support path backed by both companies, so customers can run their applications in production with confidence." Virtualization giant VMware has also been deepening its integration with AWS, specifically around workload migration. In addition to its VMware cloud integration, AWS has a vCenter plugin that makes it easier to migrate VMware workloads to AWS. While containers and virtual machines can be used in tandem, they are primarily seen as distinct methods of handling workloads. By increasings its options for use among the virtualization crowd and container fans, AWS is hedging its bets with traditional admins and the DevOps faithful alike. The new integration is expected to be generally available sometime in the fall of 2017.


News Article | May 1, 2017
Site: www.businesswire.com

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE:CR), a diversified manufacturer of highly engineered industrial products, announced today that it has acquired Westlock Controls (“Westlock”) from Emerson Electric Co. (NYSE:EMR) for cash consideration of $40 million. Westlock is a global leader in the manufacturing and sale of switchboxes, position transmitters and other solutions for networking, monitoring and controlling process valves. With primary operations located in Saddle Brook, New Jersey, Westlock had 2016 sales of approximately $32 million. Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the hydrocarbon processing, petrochemical, chemical, power generation, unattended payment, automated merchandising, aerospace, electronics, transportation and other markets. The Company has four business segments: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics and Engineered Materials. Crane has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com. This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management’s expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements. Such factors are detailed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and subsequent reports filed with the Securities and Exchange Commission.


News Article | April 17, 2017
Site: www.prweb.com

Allegheny Health Network (AHN) and VA Pittsburgh Healthcare System (VAPHS) today announced the successful integration of their Electronic Medical Records (EMR) platforms. The two organizations can now exchange veterans’ health records securely and seamlessly for a more connected patient-provider experience. The first records were shared across the AHN and VA EMR platforms last fall, and to date more than 1,700 documents have been exchanged. “The expansion of AHN’s Care Everywhere EMR platform to the VA is a major step forward in providing more effective care for patients,” said Robert White, MD, Chief Medical Information Officer at Allegheny Health Network. “By allowing for a seamless record exchange, patients who visit providers at various facilities are more empowered the moment they walk in the door. A patient’s¬ up-to-date medical history is immediately available for review, and the need for traveling with paper records is eliminated. Patients receive more timely and effective care when their providers are equipped with all the health information they need at all times,” Dr. White said. Connecting with VA’s EMR platform, known as Virtual Lifetime Electronic Record (VLER), affords AHN providers secure electronic access to veterans’ health records stored at any of VA’s 1,233 healthcare facilities nationwide, including VAPHS. Veterans’ participation is strictly voluntary, and requires in-person authorization. Dr. White said AHN was particularly excited to establish a program to help better serve the nation’s veterans. “So many of our patients seek care from both private and VA-based providers that integrating their information is essential to providing optimal care. It’s a real privilege for us to be able to provide this improved level of care to those who have served our country,” Dr. White said. VAPHS Director Karin McGraw agrees the records integration is beneficial to veterans . “It’s absolutely essential for VA, as well, to be able to see all clinical and laboratory records so we can provide optimal care for our patients – especially now, with many veterans receiving healthcare outside the VA through the Veterans Choice Program. The records integration puts this information at our fingertips,” McGraw said. EMR integration with other government agencies is also underway at AHN. In January, AHN began sharing its records with the Social Security Administration and is averaging roughly 1,200 document exchanges a month with the agency. The Department of Defense is in the onboarding process with the network. AHN is currently implementing the Epic EMR across all of its provider sites. The system has already been launched at the network’s Allegheny General, West Penn and Forbes hospitals, as well as at its Wexford Health + Wellness Pavilion and in most of its employed physician practices. When completed, AHN will be the region’s only healthcare system, and one of the country’s largest, to be integrated by a single EMR. ###


News Article | April 26, 2017
Site: www.prweb.com

The annual Forum is the premier educational forum within the government programs landscape. Pulse8 is honored to work with the renowned team of Gorman Health Group (GHG) experts, presenters, and industry pioneers who will offer advice on key issues related to effective compliance program management, product development, network adequacy, emerging trends in technology solutions, Star Ratings, and Risk Adjustment. “Now and in the future, Medicare, Medicaid, and the Health Insurance Marketplaces are the leading sources of revenue for insurers and providers alike. Nailing a sound strategy and tactics to master these programs and the regulatory complexities they bring is where this event comes in,” said John Gorman, GHG’s Founder & Executive Chairman. Pulse8 has developed the most rigorous, scientifically tested algorithms in the risk adjustment and quality analytics space, along with the dynamic intervention planning required to ensure a coordinated approach to all gap closure efforts. Pulse8 continues to advance its solutions for risk-bearing entities by leveraging newer technologies and alternative intervention modalities. “Pulse8 applies computer-aided coding (CAC), natural language generation (NLG), and EMR integration, along with other technologies, to drive efficiencies and improve compliance in the healthcare system,” remarked Pulse8 CEO, John Criswell. “In partnership with the Gorman Health Group, we enable our clients to improve their financial profile while ensuring compliance and streamlining administrative expense.” Led by GHG’s subject matter experts and innovative leaders from health plans across the country, attendees can expect to share knowledge and best practices, network with other industry experts, and plan for future initiatives in a content-charged atmosphere. Pulse8 is the only Healthcare Analytics and Technology Company delivering complete visibility into the efficacy of your Risk Adjustment and Quality Management programs. We enable health plans and at-risk providers to achieve the greatest financial impact in the ACA Commercial, Medicare Advantage, and Medicaid markets. By combining advanced analytic methodologies with extensive health plan experience, Pulse8 has developed a suite of uniquely pragmatic solutions that are revolutionizing risk adjustment and quality. Pulse8’s flexible business intelligence tools offer real-time visibility into member and provider activities so our clients can apply the most cost-effective and appropriate interventions for closing gaps in documentation, coding, and quality. For more company information, please contact Scott Filiault at (732) 570-9095, visit us at http://www.Pulse8.com, or follow us on Twitter @Pulse8News. Gorman Health Group is the leading consulting and software solutions firm specializing in government health programs, including Medicare managed care, Medicaid, and Health Insurance Marketplace opportunities. Since 1996, our unparalleled teams of subject matter experts, former health plan executives, and seasoned healthcare regulators have been providing strategic, operational, financial, and clinical services to the industry across a full spectrum of business needs. Further, our software solutions have continued to place efficient and compliant operations within our client’s reach. Learn more at http://gormanhealthgroup.com and follow us on Twitter @gormanhealth.


News Article | April 17, 2017
Site: www.prweb.com

AGNES interactive version 6.0 delivers third-party software-based video conferencing support with Vidyo Integration, compiled patient assessment reports, universal EMR integration and enhanced system...(PRWeb April 13, 2017)Read the full story at http://www.prweb.com/releases/2017/04/prweb14241621.htm


-- The Three Rivers Manufacturers' Association (TRMA) is recognizing F.E. Moran Special Hazard Systems for the eighth consecutive year for their safety program. In 2016, the company worked at TRMA member facilities without any injuries in 2016.F.E. Moran Special Hazard Systems received a Safety Recognition Certificate from TRMA as congratulations and thank you. TRMA members collectively worked over six million hours in 2016 at TRMA facilities and recorded an OSHA incidence rating of .39. Many TRMA member companies worked without any injuries, including F.E. Moran Special Hazard Systems.In 2015, it was reported that that manufacturing companies averaged an OSHA recordable incidence rate of 3.8 and 3.7 for specialty trades. The Moran Group, the parent company of F.E. Moran Special Hazard Systems, has a .56 EMR.TRMA began their Safety Center in 1993, providing hands-on training to contractors. It is estimated that the Safety Center has reduced injury rates by 83%.F.E. Moran Special Hazard Systems has been providing top-notch fire protection solutions for power, chemical, and industrial plants since 1979. Their established safety program, led by Safety Director, Jason Galoozis, includes job hazard analysis, electrical safety, fire protection, fall protection, regular safety training, and personal protective equipment. Through Mr. Galoozis' program, field employees go through weekly safety meetings and new employee comprehensive safety training. The safety of their employees and the community they work in is of the utmost importance, and F.E. Moran Special Hazard Systems is very proud to have earned this award.  Read more here: http://www.femoranshs.com/ trma-2017-press- release/


News Article | May 1, 2017
Site: www.businesswire.com

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq:CCRN) announced today that it is scheduled to present on Wednesday, May 24, 2017, at 11:00 a.m. Eastern Time, at the UBS Global Healthcare Conference held at the Grand Hyatt New York in New York City. William J. Grubbs, President and Chief Executive Officer will be attending the conference. An audio webcast and presentation for these conferences will be available on the Company’s website at www.crosscountryhealthcare.com in the Investor Relations section under ‘Events and Presentations’. Cross Country Healthcare is a national leader in providing innovative healthcare workforce solutions and staffing services. Our solutions leverage our nearly 40 years of expertise and insight to assist clients in solving complex labor-related challenges while maintaining high quality outcomes. We are dedicated to recruiting and placing highly qualified healthcare professionals in virtually every specialty and area of expertise. With more than 8,000 active contracts, our diverse client base includes both clinical and nonclinical settings, servicing acute care hospitals, physician practice groups, outpatient and ambulatory-care centers, nursing facilities, both public schools and charter schools, rehabilitation and sports medicine clinics, government facilities, and homecare. Through our national staffing teams and network of 74 office locations, we are able to place clinicians on travel and per diem assignments, local short-term contracts and permanent positions. We are a market leader in providing flexible workforce management solutions, which include managed services programs (MSP), internal resource pool consulting and development, electronic medical record (EMR) transition staffing, recruitment process outsourcing, predictive modeling and other outsourcing and consultative services. In addition, we provide both retained and contingent placement services for healthcare executives, physicians, and other healthcare professionals. Copies of this and other news releases as well as additional information about Cross Country Healthcare can be obtained online at www.crosscountryhealthcare.com. Shareholders and prospective investors can also register to automatically receive the Company's press releases, SEC filings and other notices by e-mail.


News Article | May 2, 2017
Site: www.businesswire.com

ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced net sales in the second quarter ended March 31, 2017 were flat on both a net and underlying basis. The second quarter results reflected a continued improvement in served markets across both platforms. Within the regions, growth in the United States, Europe and Asia, particularly in China, was offset by declines in Middle/East Africa and Latin America. Five percent growth in the Commercial & Residential Solutions platform was driven by favorable HVAC, refrigeration and construction related markets. The Automation Solutions platform was down low-single digits. However, MRO activity in energy related markets continues to strengthen, particularly in North America, and power and life sciences markets remained favorable. All profitability measures increased in the second quarter. Gross profit margin of 43.6 percent improved 50 basis points versus the prior year primarily due to savings from restructuring activities in 2016. Pretax margin of 15.8 percent and EBIT margin of 17.0 percent increased 40 and 30 basis points respectively. Earnings per share from continuing operations of $0.58 increased 2 percent. Earnings per share were $0.45, down 21 percent, including a ($0.13) impact from discontinued operations related to the completed sales of the Network Power, Leroy-Somer and Control Techniques businesses. "Following our solid first quarter, the second quarter results again exceeded our expectations delivering continued profitability improvement over the prior year,” said Chairman and Chief Executive Officer David N. Farr. “During the quarter we saw improving demand across both of our platform businesses, positioning us for a stronger second half of the year. Considering our solid performance in the first half of the fiscal year and current order trends, we are raising our full year sales and EPS guidance. We now expect earnings per share from continuing operations to be $2.55 to $2.65, versus our prior guidance of $2.47 to $2.62. This EPS guidance assumes full year sales are approximately flat with underlying sales up approximately 1 percent excluding unfavorable currency translation." Automation Solutions net and underlying sales decreased 3 percent. Demand conditions continued to improve within many of our key served markets. Power and life sciences markets continued to demonstrate positive momentum during the quarter and are expected to support growth in the second half of 2017. MRO activity in energy related markets remained favorable, particularly in North America, and should hold up globally as we move further into 2017. Underlying sales in North America were down 2 percent. MRO order rates continued to strengthen driven by shale and downstream customers. Project activity in combined cycle and natural gas power facilities was favorable in the quarter. Asia was down 2 percent, with China up 10 percent reflecting broad strength within our served markets and favorable turnaround activity. In other regions, Europe was flat, Middle East/Africa was down 9 percent and Latin America was down 16 percent. Margin decreased 10 basis points to 15.5 percent, primarily due to deleverage on lower volume. Based on current and expected order trends, the business expects the second half of the fiscal year to continue to improve with underlying sales trends turning positive driven by MRO and small project activity. Commercial & Residential Solutions net and underlying sales increased 5 percent reflecting a continuation of strong demand in global HVAC and refrigeration markets and favorable conditions in construction related markets. Underlying sales in North America increased 4 percent, led by solid growth in air conditioning as well as favorable demand for tools from oil and gas customers and do-it yourself products from big box retailers. Asia increased 13 percent as broad strength in air conditioning and refrigeration markets continued across most of the region, particularly China which was up 20 percent. In other regions, Latin America was up 7 percent, Europe was up 6 percent and Middle East/Africa was down 3 percent. Margin increased 80 basis points to 23.7 percent, primarily due to leverage on higher volume and savings from restructuring actions. This platform has expanded profitability 170 basis points since the end of fiscal 2014 and with consistent global growth expected in HVAC end-markets, we are increasing strategic investments to better position the business for stronger growth through new technologies and markets. A favorable outlook for global demand within our served markets supports the expectation for mid-single digit growth in fiscal 2017. Full-year net sales are now expected to be approximately flat, with underlying sales up approximately 1 percent excluding unfavorable currency translation of approximately 1 percent. Earnings per share from continuing operations guidance is being raised to $2.55 to $2.65. Automation Solutions net sales are expected to be down 3 to 4 percent, with underlying sales down 2 to 3 percent excluding unfavorable currency translation of approximately 1 percent. Commercial & Residential Solutions net and underlying sales are expected to be up 5 to 6 percent. This outlook excludes any impact related to the acquisition of the Pentair Valves & Controls business, which was completed on April 28th. The timing of the closure has not afforded the Company sufficient time to fully incorporate the impact of this business into our guidance. On today’s conference call we will provide initial estimates of the expected impact to the remainder of the fiscal 2017. More detailed information on the Valves & Controls business and its impact to guidance will be provided in the coming months. “Thanks to the success of our multi-year restructuring actions and with the momentum established by our two platform businesses, we’re well positioned for what we expect to be a stronger second half of the year,” said Farr. “We are encouraged by improving economic conditions and positive trends in capital spending. Our current order trends support positive sales growth in the second half of fiscal 2017 and leading into fiscal 2018. As we begin the third quarter, we remain focused on improving profitability and cash flow while continuing our portfolio repositioning to expand our leadership position in key served markets as evidenced by our recent completion of the Valves & Controls acquisition from Pentair. The final control management team will now focus on an aggressive integration over the remaining five months of the fiscal year." Today at 2:00 p.m. ET, Emerson management will discuss the second quarter 2017 results during a conference call. Access to a live webcast of the discussion will be available at www.emerson.com/financial at the time of the call. A replay of the conference call will remain available for 90 days. On Wednesday, May 24, 2017, Emerson Chairman and Chief Executive Officer David Farr will present at the Electrical Products Group Conference in Longboat Key, Florida, at 10:45 a.m. ET. The presentation will be posted on Emerson's website at www.emerson.com/financial at the time of the event and remain available for approximately 90 days. Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, and competitive and technological factors, among others, as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The outlook contained herein represents the Company's expectations for its consolidated results from continuing operations, and excludes the results of discontinued operations, as well as results attributable to the recent acquisition of the Pentair Valves & Controls business.


News Article | May 3, 2017
Site: www.businesswire.com

BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) today announced financial results for the first quarter ended March 31, 2017. Amounts are in thousands, except percent and per share data. * Refer to tables and discussion of Non-GAAP financial measures below. “Revenue from new business wins is ramping slower than forecasted due to longer implementation cycles. With more than 30 new programs still scheduled for implementation, representing over $100 million of spend, we believe these opportunities will drive stronger growth as we get them up and running,” stated William J. Grubbs, Chief Executive Officer. “The pipeline for new Managed Service Programs remains strong and we expect to have another record year of new business wins.” First quarter consolidated revenue was $207.6 million, an increase of 6% year-over-year and a decrease of 7% sequentially. Consolidated gross profit margin was 25.7%, down 30 basis points year-over-year and down 20 basis points sequentially. Net loss attributable to common shareholders was $2.0 million compared to net income of $19.0 million in the prior year. The 2017 first quarter included a loss on early extinguishment of debt of $5.0 million, and both periods included gains on derivative liability of $1.6 million for the first quarter of 2017 and $16.4 million for the first quarter of 2016. Diluted EPS was a loss of $0.08 per share compared to income of $0.09 per share in the prior year. Adjusted EBITDA was $6.5 million or 3.1% of revenue, as compared with $8.5 million or 4.3% of revenue in the prior year. Adjusted EPS was $0.05 compared to $0.09 in the prior year and $0.20 in the prior quarter. Revenue from Nurse and Allied Staffing was $183.1 million, an increase of 8% year-over-year and a decrease of 6% sequentially. The year-over-year increase in segment revenue was due to growth in volume and improved pricing. Contribution income in this segment was $15.6 million, down from $16.8 million in the prior year. Average field FTEs increased to 7,204 from 6,817 in the prior year. Revenue per FTE per day was $282 compared to $272 in the prior year, reflecting higher average bill rates. Revenue from Physician Staffing decreased 12% year-over-year and 13% sequentially. The year-over-year decrease was primarily due to a decrease in volume. Contribution income was $0.8 million, down from $1.6 million in the prior year. Compared to the prior year, total days filled decreased to 15,036 from 16,842 while revenue per day filled increased to $1,592 from $1,521 due to improved pricing and mix of business. Revenue from Other Human Capital Management Services decreased 11% year-over-year and 18% sequentially. Contribution income was a loss of $0.4 million, compared to a loss of $0.1 million in the prior year. Cash flow provided by operating activities for the current quarter was $1.4 million compared to $2.6 million in the same period of the prior year. At March 31, 2017, the Company had $13.4 million in cash and cash equivalents and $38.2 million of total debt. During the quarter, the Company repaid in full its Convertible Notes by issuing 3,175,584 shares and paying $5.6 million, including $0.6 million for the contractual interest due through the optional conversion date as of June 30, 2017. There were no borrowings drawn on its $100.0 million revolving credit facility, and $22.1 million of letters of credit outstanding, leaving $77.9 million available for borrowings under the revolving credit facility. The estimates above are based on current management expectations and, as such, are forward-looking and actual results may differ materially. These ranges do not include the potential impact of any future divestitures, mergers, acquisitions or other business combinations, any impairment charges or valuation allowances, any acquisition-related measurement period adjustments, changes in debt structure, or any material legal or restructuring charges. The Company will hold its quarterly conference call on Thursday, May 4, 2017, at 9:00 A.M. Eastern Time to discuss its first quarter 2017 financial results. This call will be webcast live and can be accessed at the Company's website at www.crosscountryhealthcare.com or by dialing 800-857-6331 from anywhere in the U.S. or by dialing 517-623-4781 from non-U.S. locations - Passcode: Cross Country. A replay of the webcast will be available from May 4th through May 18th at the Company's website and a replay of the conference call will be available by telephone by calling 866-505-9259 from anywhere in the U.S. or 203-369-1883 from non-U.S. locations - Passcode: 2017. Cross Country Healthcare is a national leader in providing innovative healthcare workforce solutions and staffing services. Our solutions leverage our nearly 40 years of expertise and insight to assist clients in solving complex labor-related challenges while maintaining high quality outcomes. We are dedicated to recruiting and placing highly qualified healthcare professionals in virtually every specialty and area of expertise. With more than 8,000 active contracts, our diverse client base includes both clinical and nonclinical settings, servicing acute care hospitals, physician practice groups, outpatient and ambulatory-care centers, nursing facilities, both public schools and charter schools, rehabilitation and sports medicine clinics, government facilities, and homecare. Through our national staffing teams and network of 74 office locations, we are able to place clinicians on travel and per diem assignments, local short-term contracts and permanent positions. We are a market leader in providing flexible workforce management solutions, which include managed services programs (MSP), internal resource pool consulting and development, electronic medical record (EMR) transition staffing, recruitment process outsourcing, predictive modeling and other outsourcing and consultative services. In addition, we provide both retained and contingent placement services for healthcare executives, physicians, and other healthcare professionals. Copies of this and other news releases as well as additional information about Cross Country Healthcare can be obtained online at www.crosscountryhealthcare.com. Shareholders and prospective investors can also register to automatically receive the Company's press releases, SEC filings and other notices by e-mail. This press release and accompanying financial statement tables reference non-GAAP financial measures. Such non-GAAP financial measures are provided as additional information and should not be considered substitutes for, or superior to, financial measures calculated in accordance with U.S. GAAP. Such non-GAAP financial measures are provided for consistency and comparability to prior year results; furthermore, management believes they are useful to investors when evaluating the Company's performance as they exclude certain items that management believes are not indicative of the Company's operating performance. Pro forma measures, if applicable, are adjusted to include the results of our acquisitions, and exclude the results of divestments, as if the transactions occurred in the beginning of the periods mentioned. Such non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies. The financial statement tables that accompany this press release include a reconciliation of each non-GAAP financial measure to the most directly comparable U.S. GAAP financial measure and a more detailed discussion of each financial measure; as such, the financial statement tables should be read in conjunction with the presentation of these non-GAAP financial measures. In addition to historical information, this press release contains statements relating to our future results (including certain projections and business trends) that are “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 “Exchange Act”), and are subject to the “safe harbor” created by those sections. Forward-looking statements consist of statements that are predictive in nature, depend upon or refer to future events. Words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “suggests”, “appears”, “seeks”, “will”, and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results and performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. These factors include, but are not limited to, the following: our ability to attract and retain qualified nurses, physicians and other healthcare personnel, costs and availability of short-term housing for our travel healthcare professionals, demand for the healthcare services we provide, both nationally and in the regions in which we operate, the functioning of our information systems, the effect of cyber security risks and cyber incidents on our business, the effect of existing or future government regulation and federal and state legislative and enforcement initiatives on our business, our clients' ability to pay us for our services, our ability to successfully implement our acquisition and development strategies, including our ability to successfully integrate acquired businesses and realize synergies from such acquisitions, the effect of liabilities and other claims asserted against us, the effect of competition in the markets we serve, our ability to successfully defend the Company, its subsidiaries, and its officers and directors on the merits of any lawsuit or determine its potential liability, if any, and other factors set forth in Item 1A. “Risk Factors” in the Company's Annual Report on Form 10-K for the year ended December 31, 2016, and our other Securities and Exchange Commission filings made prior to the date hereof. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results and readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this press release. There can be no assurance that (i) we have correctly measured or identified all of the factors affecting our business or the extent of these factors' likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct or (iv) our strategy, which is based in part on this analysis, will be successful. The Company undertakes no obligation to update or revise forward-looking statements. All references to “we”, “us”, “our”, or “Cross Country” in this press release mean Cross Country Healthcare, Inc. and its subsidiaries.

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