Cross Country Healthcare, Inc. (CCRN) Bundle
Understanding the Mission Statement, Vision, and Core Values of Cross Country Healthcare, Inc. (CCRN) is defintely crucial right now, especially as the company navigates a volatile market where Q3 2025 revenue fell to $250.1 million and resulted in a $4.8 million net loss. When a healthcare staffing giant faces a 21% year-over-year revenue decline, do their core values-like being Accountable and Driven-provide the foundation to stabilize operations and successfully execute the pending merger with Aya Healthcare? You need to know if their stated commitment to 'clinical excellence and exceptional patient care' is truly guiding the strategic shifts that will define their future profitability. Let's look at the principles that are supposed to drive a business with a Trailing Twelve Month revenue of $1.19 Billion USD.
Cross Country Healthcare, Inc. (CCRN) Overview
Cross Country Healthcare, Inc. is a market-leading, tech-enabled workforce solutions platform that helps healthcare organizations solve complex labor-related challenges across the United States. You're looking for a clear picture of their standing, and the reality is they're a critical player in a normalizing market, with a TTM revenue (ending June 30, 2025) of approximately $1.19 Billion USD.
Founded in 1986 and headquartered in Boca Raton, Florida, Cross Country Healthcare has nearly four decades of experience providing comprehensive staffing and workforce solutions. They specialize in a full suite of services, from traditional staffing to sophisticated total talent management solutions (TTM). This includes travel nurse and allied health staffing, physician staffing (locum tenens), and Managed Service Programs (MSPs), which essentially outsource a hospital's entire temporary staffing process to them. It's a complex business, but the core service is simple: getting the right clinician to the right place at the right time. To understand the full scope of their operations, you can read more here: Cross Country Healthcare, Inc. (CCRN): History, Ownership, Mission, How It Works & Makes Money.
Their mission is focused on connecting people and jobs through intuitive technologies and innovative solutions, always ensuring clinical excellence and exceptional patient care comes first. This commitment is backed by core values like being Connected, Accountable, and Driven. They're not just filling shifts; they're trying to optimize the entire healthcare labor ecosystem.
Latest Financial Performance and Segment Trends (Q3 2025)
The latest financial report, for the third quarter of 2025 (Q3 2025), reflects the ongoing market normalization in healthcare staffing post-pandemic, but also highlights key areas of growth. Cross Country Healthcare reported quarterly revenue of $250.1 million on November 12, 2025. This marks a 21% decrease year-over-year, which is a trend across the industry as crisis-level staffing rates cool down.
Still, you need to look past the top-line number to see where the business is actually growing. The Nurse and Allied Staffing segment, their primary revenue driver, brought in $202 million in Q3 2025, but was down 24% year-over-year. Physician Staffing revenue was also down, decreasing 4% to $48.1 million. The good news is their focus on alternative care settings is paying off. The Homecare Staffing segment, for example, saw a strong 29% revenue increase over the prior year, showing a clear opportunity in non-hospital settings.
Here's the quick math on the quarter: the company reported a net loss of $4.8 million, which translates to a diluted EPS of $(0.15). Adjusted EBITDA for the quarter was $6.5 million. What this estimate hides is a very strong balance sheet: as of September 30, 2025, Cross Country Healthcare held $99.1 million in cash and cash equivalents with defintely no debt outstanding. That's a rock-solid foundation for navigating a volatile market.
A Leader in Healthcare Workforce Solutions
Despite the recent revenue contraction due to market forces, Cross Country Healthcare remains one of the leading providers of healthcare staffing and workforce solutions in the US. They are a market-leading, tech-enabled platform, not just a traditional staffing agency. They leverage proprietary technology to manage large-scale Managed Service Programs, securing over $400 million in contract value across MSP clients in Q3 2025 alone.
Their vision is to be the leading Talent Management Solutions provider, delivering end-to-end connectivity and best-in-class experiences for both healthcare professionals and organizations. This focus on innovation and scale is what keeps them competitive. Their strategic position is so valuable that they are currently in the process of a merger with Aya Healthcare, a transaction expected to close by December 3, 2025, which will transform the company into a private entity and consolidate a significant portion of the industry. This move underscores their importance and value in the sector.
They are a critical link in the healthcare supply chain, solving the most pressing labor challenges. To understand the full depth of their success and how they maintain their market position through strategic acquisitions and technology investments, you need to dig deeper.
Cross Country Healthcare, Inc. (CCRN) Mission Statement
You're looking for the bedrock of Cross Country Healthcare, Inc.'s strategy, and that starts with the Mission Statement. A mission isn't just a feel-good phrase; it's the operational filter for every major capital allocation and staffing decision, especially in a volatile market where Q3 2025 consolidated revenue was $250.1 million, a 21% year-over-year decline that reflects broader industry normalization.
The company's mission is clear and action-oriented: Exploring Cross Country Healthcare, Inc. (CCRN) Investor Profile: Who's Buying and Why?. The official statement is: 'Connecting people and jobs through intuitive technologies and innovative solutions, we enable healthcare practitioners and organizations to achieve their goals, always ensuring clinical excellence and exceptional patient care comes first.' This statement guides their long-term goal of being the leading Talent Management Solutions provider, a vision they support with a healthy balance sheet that, as of September 30, 2025, shows $99.1 million in cash and no debt.
Pillar 1: Total Talent Management and End-to-End Connectivity
The first core component of the mission focuses on being a comprehensive partner, not just a temp agency. This is what we call Total Talent Management (TTM)-a holistic approach to workforce strategy that covers temporary, permanent, and managed services programs (MSPs). The goal is to deliver an end-to-end experience for both the healthcare professional and the client organization.
This commitment translates directly into major contract wins. For instance, Cross Country Healthcare successfully won, expanded, and renewed more than $400 million in contract value throughout 2025, with the bulk of that coming from MSP clients. That's a massive vote of confidence from hospital systems in their ability to manage complex staffing needs. The strategic focus here is on retention and pipeline strength, which remains steady even as the core travel nurse and allied staffing market continues to normalize.
- Win large, multi-year MSP contracts.
- Maintain steady client retention rates.
Pillar 2: Intuitive Technologies and Innovative Solutions
The second pillar mandates the use of 'intuitive technologies and innovative solutions' to connect people and jobs. This isn't just about building a better app; it's about driving operational efficiency and improving the candidate experience, which, honestly, is the new battleground for talent acquisition. The company is actively leveraging its proprietary technology platforms to deliver value.
We see the financial impact of this innovation in their cost structure. In the second quarter of 2025, the company reported a 5% sequential decline in Selling, General, and Administrative (SG&A) expenses. This efficiency was fueled by further leverage of their low-cost center of excellence in India, showing that their investment in digital capabilities and strategic cost control is yielding real results. Here's the quick math: lower SG&A, even amid revenue headwinds, helps stabilize the bottom line, which is crucial when you're navigating a net loss of $4.8 million for the quarter.
Pillar 3: Clinical Excellence and Exceptional Patient Care
The final, and arguably most critical, component of the mission is the unwavering commitment to 'clinical excellence and exceptional patient care.' For a staffing firm, quality is measured by the caliber of the professionals placed and the outcomes they help achieve. You defintely can't compromise on that in healthcare.
The company's performance in its Homecare Staffing segment serves as a concrete example of this commitment in a highly patient-centric environment. In Q3 2025, Homecare Staffing revenue grew more than 29% year-over-year. This strong growth in a high-touch service area suggests that the quality of their placed professionals is driving demand and client satisfaction. Furthermore, while the average number of field contract personnel (FTE) in Nurse and Allied Staffing dropped to 6,371 in Q3 2025, the focus remains on ensuring that the staff placed are highly skilled and qualified, which is the true measure of their commitment to clinical quality.
Cross Country Healthcare, Inc. (CCRN) Vision Statement
You're looking for the true north of Cross Country Healthcare, Inc. (CCRN) to gauge its strategic trajectory, and honestly, the vision is a solid map for their business model. Their stated goal is simple but ambitious: To be the leading provider of innovative healthcare workforce solutions, recognized for excellence in service, quality of professionals, and commitment to improving patient care. This isn't just corporate-speak; it directly maps to how they navigate the volatile healthcare staffing market.
The company's mission-to provide total talent management solutions that meet the needs of healthcare organizations-is the action plan behind that vision. This focus is critical, especially given the current environment where the company is navigating a challenging period, reporting a net loss of $4.8 million in the third quarter of 2025, even with TTM revenue (trailing twelve months) still standing at a substantial $1.19 Billion USD as of November 2025.
Market Leadership and Innovation in Workforce Solutions
The first part of the vision, 'leading provider of innovative healthcare workforce solutions,' is where the rubber meets the road. Being a leader means capturing market share, and Cross Country Healthcare does this by offering a comprehensive suite of services, not just temporary staffing. They are a talent management solutions provider, which includes Managed Services Programs (MSPs) and vendor-neutral programs, essentially becoming the outsourced HR department for large healthcare systems. Innovation here means leveraging proprietary technology platforms to connect people and jobs, which is a key differentiator in a high-volume, low-margin business.
The strategic move toward a pending merger with Aya Healthcare also signals a strong push to solidify this market leadership, transforming the company into a private entity and potentially streamlining operations to counter the 21% year-over-year revenue decline seen in Q3 2025. The Nurse and Allied Staffing segment is the engine, accounting for approximately 81% of total revenue in Q3 2025. You can learn more about how this model evolved at Cross Country Healthcare, Inc. (CCRN): History, Ownership, Mission, How It Works & Makes Money.
Service Excellence and Quality of Professionals
Being 'recognized for excellence in service' and the 'quality of professionals' speaks directly to risk mitigation. In healthcare, a bad hire isn't just a cost; it's a patient safety issue. Cross Country Healthcare's ability to deliver on its mission-connecting healthcare professionals with rewarding career opportunities-is what ensures a high-quality roster. They must maintain rigorous vetting and credentialing, which is a non-negotiable operational cost. The consolidated revenue for the first six months of 2025 was $567.5 million, but the gross profit margin was only 20.2%, a slight dip from the prior year. This shows the pressure on pricing and the need for service efficiency to protect margins while maintaining quality. You can't skimp on quality in this business.
Commitment to Improving Patient Care
The final pillar, 'commitment to improving patient care,' is the ultimate purpose and the ethical foundation of the business. Everything Cross Country Healthcare does-from filling critical staffing gaps to providing cost-effective solutions-is supposed to funnel into this outcome. For instance, the Homecare Staffing segment is a bright spot, reporting a 29% revenue increase over the previous year, which directly supports the growing need for care outside of traditional hospital settings. This growth area is a clear opportunity to link their business success with tangible improvements in patient access and convenience. The focus is on clinical excellence first, which is the only way to earn client trust long-term.
The Core Values Guiding Performance
While a specific, public list can be elusive, the company's actions and public statements consistently emphasize three core areas that function as their operating values: integrity, collaboration, and innovation. These aren't just feel-good words; they are defintely a risk management framework.
- Integrity: Crucial for compliance in a highly regulated industry.
- Collaboration: Essential for the total talent management model to work seamlessly with hospital HR.
- Innovation: Necessary to drive efficiency and counter the industry's volume declines.
This focus is what allows them to maintain a healthy balance sheet, boasting approximately $99 million in cash and no debt, which is a significant advantage as they navigate the current market headwinds and the pending acquisition. The core values are the guardrails for a business in transition.
Cross Country Healthcare, Inc. (CCRN) Core Values
You're looking past the Q3 2025 revenue of $250.1 million and the reported net loss of $4.8 million, which is smart. The near-term staffing market is normalizing, but a company's long-term value, especially in healthcare, is anchored in its core values. These values-how Cross Country Healthcare operates every day-show you the real risk and opportunity in their business model, not just the quarter-to-quarter volatility. The company's vision is clear: to be the leading talent management solutions provider, always ensuring clinical excellence and exceptional patient care comes first.
Cross Country Healthcare uses a set of core values, or cultural pillars, that guide their strategy. These aren't just posters on a wall; they are the framework for their investments and operational decisions. We can map their recent financial and strategic moves directly back to these principles, giving you a clear view of where capital is actually being deployed. If you want a deeper dive into the market dynamics driving these numbers, you should read Exploring Cross Country Healthcare, Inc. (CCRN) Investor Profile: Who's Buying and Why?
We Are Accountable
Accountability in a staffing business means financial transparency and ethical conduct, especially when you are managing critical human capital. It's about owning the results, good or bad. For Cross Country Healthcare, this value is the bedrock of client and candidate trust, which is defintely the most valuable asset in a service-based industry.
The company demonstrates this commitment through its rigorous Code of Conduct and Business Ethics Policy, ensuring all personnel observe the highest standards of ethical conduct and full disclosure. On the financial side, their balance sheet shows a commitment to fiscal discipline; as of Q3 2025, the company maintained a healthy position with approximately $99 million in cash and cash equivalents and, crucially, no outstanding debt. This strong liquidity is a direct result of being accountable with capital, allowing them to weather market shifts without undue leverage risk.
We Are Compassionate
In healthcare, compassion isn't soft; it's a strategic necessity that drives retention and quality of care. This value focuses on the well-being of their internal employees and the healthcare professionals they place, recognizing that burnout is a systemic risk to the entire industry. They know a well-supported nurse provides better patient care.
Cross Country Healthcare has been recognized for its workplace culture, having been certified as a Most Loved Workplace® for 2024. This recognition is based on employee feedback across key areas like respect and alignment of values. Furthermore, the company invests in understanding and addressing the core issues facing their workforce through the annual 'Vital Signs of Nursing' survey, which is conducted with Florida Atlantic University's Christine E. Lynn College of Nursing. This initiative provides data-driven insights into nurse satisfaction and mental health, directly informing their employee support programs.
We Are Driven
Being driven means relentlessly pursuing better outcomes and operational efficiency, even when the market is contracting. This value translates directly into their focus on technology and strategic growth segments. They don't just fill a job; they look for a better way to fill it.
The company's investment in tech-enabled solutions is a prime example of this drive. The new CrossCountry.com platform, for instance, is designed to modernize the staffing process, offering enhanced candidate sourcing and real-time job matching. This focus on digital transformation is critical for maintaining market leadership. The financial impact is clear in their high-growth segments: the Homecare Staffing segment, a key diversification strategy, reported a 29% year-over-year revenue increase in Q3 2025, significantly outpacing the overall market trend.
We Are Entrepreneurial
An entrepreneurial spirit is what allows a mature company to pivot and innovate. It's about taking calculated risks to solve client problems in new ways. For Cross Country Healthcare, this means constantly expanding their suite of total talent management solutions (T-TMS) beyond just temporary staffing.
This value is demonstrated by their consistent push into Managed Services Programs (MSPs) and Recruitment Process Outsourcing (RPO), which provide sticky, high-value advisory services to healthcare systems. Despite a challenging environment that led to a consensus FY2025 EPS estimate of just $0.08 per share, the company is still focused on expanding its service offerings and leveraging its proprietary technology platforms to deliver quality and value to clients. This forward-looking strategy, which includes a focus on Diversity, Equality, and Inclusion (DEI) as a core component of their Corporate Social Responsibility (CSR) program, is an entrepreneurial move to build a more resilient, future-proof talent pipeline.
- Invest in new technology platforms.
- Diversify revenue streams like Homecare.
- Focus on long-term client partnerships.

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