AMN To Acquire MSDR

(RTTNews) - AMN Healthcare Services, Inc. (AMN) on Monday announced an agreement to acquire MSDR for $300 million.

This acquisition is anticipated to enhance AMN Healthcare's potential locum tenens revenue.

The company expects the deal to be modestly accretive to adjusted earnings per share in the first twelve months.

The transaction is funded through available cash and loans from the revolving credit facility, with the anticipated closing in the fourth quarter of 2023.

MSDR which serves healthcare systems across the U.S., consists of two healthcare staffing companies that specialize in locum tenens and advanced practices, Medical Search International (MSI) and DRW Healthcare Staffing (DRW).