Medical Solutions has acquired OA Nurse Travel from On Assignment. Financial terms weren’t announced. OA Nurse Travel, of Cincinnati, provides traveling nurses. Omaha-based Medical Solutions is owned by Tenex Capital Management and McCarthy Capital.
Medical Solutions, a leading national healthcare staffing company headquartered in Omaha, Neb., today announced the acquisition of OA Nurse Travel from On Assignment, Inc. (NYSE:ASGN). With the finalization of this deal, the company will employ over 1,000 traveling nurses and become the third-largest travel nurse staffing company, according to Staffing Industry Analysts 2012 findings.
This acquisition will enable the company to offer significantly more assignment locations across the country for traveling nurses. Additionally, it provides a much larger base of highly skilled and qualified nurses to fill the needs of its hospital clients more quickly and efficiently. Medical Solutions will maintain its corporate headquarters in Omaha, Neb. and add offices strategically located in San Diego, Calif.; Tupelo, Miss.; and Cincinnati, Ohio.
“We are very excited about the acquisition of OA Nurse Travel. This will expand the industry-leading customer experience that Medical Solutions provides to all travelers and hospitals,” stated Scott Anderson, CEO of Medical Solutions. “The addition of OA Nurse Travel will create the third-largest travel nurse company—one that is solely focused on meeting and exceeding the needs of healthcare professionals and our partner healthcare facilities.”
“Medical Solutions will continue to offer the same level of customer support we have become known for, and will maintain one of the largest recruiter and support staffs in the industry,” said Christy Johnston, chief people officer at Medical Solutions. “The internal company cultures of both groups are very similar and focused on providing an outstanding customer experience. The acquisition provides additional opportunities to further develop the combined, dedicated staff, which has been the primary driver to Medical Solutions being one of the fastest-growing and best places to work in the industry.”
Steven Francis, co-founder and former longtime Chairman and CEO of AMN Healthcare Services, Inc. (NYSE:AHS), and current chairman of the board for Medical Solutions stated, “Medical Solutions is a premier Travel Nurse company which is solely focused on providing the highest quality nurses to its Healthcare partners. Medical Solutions has an exceptional caliber of team members, medical professionals, superior technology and a passion to serve the Travel Nurse industry.”
Mr. Francis went on to say, “The positive, team-oriented culture at Medical Solutions is one that is built on mutual trust and respect. These two elements are fueling our rapid growth as we continue to pursue companies and professionals who share our passion for excellence. In my nearly thirty years of experience in this industry, I have never witnessed such a strong culture that is dedicated to providing such a positive work environment for the corporate staff as well as serving its healthcare professionals and facilities. The two combined companies will bring unique and exciting opportunities to the Travel Nursing marketplace, and I am excited to be a part of it. We welcome OA Nurse Travel internal staff and its nurses to our growing family.”
About Medical Solutions
Medical Solutions L.L.C. was one of the first Travel Nurse and Allied Healthcare staffing companies to be certified by the Joint Commission and has been continuously certified since 2004. Its focus is on meeting the urgent and short-term staffing needs of its clients with highly skilled Allied Health professionals, Nurses and Technologists. Medical Solutions was named one of the top three staffing firms to work for in Staffing Industry Analyst’s 2012 Best Staffing Firms to Work For, and was also named to the 2012 Inc. 5000 list of fastest-growing private companies. A nationwide network of travelers allows Medical Solutions to help its client hospitals continue to provide excellent patient care amidst a Nursing and Allied Health shortage. Medical Solutions has contracts with nearly 1,200 client hospitals nationwide and is one of the fastest-growing companies in the Travel Nursing and Allied Health industry. Visit www.MedicalSolutions.com to learn more.
Medical Solution’s private equity Partners:
Tenex Capital Management – www.tenexcm.com
McCarthy Capital Fund V – www.mccarthycapital.com