Healthcare Innovation December 5, 2024
The acquisition comes after a rough two years for Florida-based Cross Country
The leaders of San Diego-based staffing and software firm Aya Healthcare Inc. have agreed to pay $615 million in cash for publicly traded Cross Country Healthcare Inc. The deal, which needs the approval of Cross Country investors, is expected to close by the middle of next year.
The proposed acquisition will let Aya expand its services into non-clinical settings such as schools and homes while growing its network in travel nursing, allied health and interim leadership work, among other things. Cross Country will retain its brand under Aya and John Martins, its president and CEO, will stay on “to ensure a seamless transition.”
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