Core Insights - Allied health professionals, including radiology technologists and therapists, can generate significant revenue for healthcare facilities, with cath lab technologists leading at over $2.8 million annually [1][2] - The report highlights the importance of allied healthcare professionals as revenue-generating assets rather than just costs, emphasizing their role in supporting physicians and overall healthcare revenue [2][3] Revenue Generation by Allied Health Professionals - Cath lab technologists generate an average of more than $2.8 million in net annual revenue, equating to approximately $237,375 monthly and $54,778 weekly after staffing costs [1] - Vascular sonographers follow with average net revenues of $1,371,750 per year, while nuclear medicine technologists and radiation therapists generate $1,275,090 and $1,000,275 respectively [2] - General radiology technologists generate average annual net revenues of $626,825 [2] Indirect Revenue Contributions - Allied radiology professionals also contribute to indirect revenue, as their work enables radiologists to bill over $2 million annually for interpreting diagnostic images [3] - The report indicates that the indirect revenue generated by physical therapists, occupational therapists, and speech language pathologists is challenging to quantify but is significant, particularly in relation to surgeries requiring post-operative therapy [4] Data Source and Methodology - The report is based on a national database of annual billing generated by various allied healthcare professionals, accounting for the costs of staffing them on a contingent basis [5]

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:AMN Healthcare Services, Inc. (AMN) is a healthcare workforce solutions provider. The Zacks Consensus Estimate for its current year earnings has been revised 16.4% downward over the last 60 days.ArcBest Corporation (ARCB) is an integrated logistics company. The Zacks Consensus Estimate for its current year earnings has been revised 16.2% downward over the last 60 days.Arrow Electronics, Inc. (ARW) is an enterprise computing solutions ...

Core Insights - ShiftWise Flex has launched Market Insights, a live market intelligence report integrated into its vendor management system for healthcare organizations [1][3] - Market Insights provides daily updates on bill rate pricing, market datasets, and configurable market comparisons to help healthcare organizations optimize workforce management strategies and costs [3] Features of Market Insights - Offers side-by-side analyses between client and market data tailored to specific user needs [3] - Provides data segmentation by skillset and geography for granular information [3] - Enables comparison of historical data with current trends to understand pricing and demand fluctuations [3] - Includes bookmark and subscription features for saving insights and setting up automated updates [3] - Allows exportable data tables for further analysis or integration into other systems [3] Strategic Importance - Market Insights is positioned as a significant milestone in empowering healthcare organizations with real-time reporting and market intelligence [3] - The tool enhances financial visibility by providing automated bill rate pricing for recently booked and current open positions [3] - It leverages extensive datasets across all 50 U.S. states and DC, covering 839 metro areas and an average of 70 unique healthcare facilities per state [3]

DALLAS, May 29, 2024 (GLOBE NEWSWIRE) -- ShiftWise Flex, a next-gen vendor neutral vendor management system (VMS) that serves as a comprehensive workforce management platform for healthcare organizations, announces the launch of Market Insights, a live market intelligence report integrated into the platform. Market Insights offers live snapshots of bill rate pricing, market datasets, configurable market comparisons and more. Delivering daily updates, this feature equips healthcare organizations with up-to-d ...

Editor's note: Seeking Alpha is proud to welcome Beau Marshall as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Tippapatt At its current valuation in the $50-$60 range, I believe AMN Healthcare Services (NYSE:AMN), a nationwide temporary healthcare staffing company, could be a buy for a long-term investor. The company is ...

AMN Healthcare Services, Inc. (AMN) is well-poised for growth in the coming quarters, courtesy of its broad array of services. The optimism led by a solid first-quarter 2024 performance and its healthcare Managed Services Program (MSP) are expected to contribute further. However, changing marketplace conditions and stiff competition are major downsides.Over the past year, this Zacks Rank #3 (Hold) stock has lost 37.3% against the 5.1% rise of the industry and the S&P 500’s 27.7% growth.The renowned player i ...

AMN Healthcare Services, Inc. (AMN) delivered adjusted earnings per share (EPS) of 97 cents in the first quarter of 2024, which declined 61% year over year. However, the figure surpassed the Zacks Consensus Estimate by 4.3%.GAAP EPS for the quarter was 45 cents, reflecting a 77.7% plunge from the year-ago figure.Revenues in DetailAMN Healthcare registered revenues of $820.9 million in the first quarter, down 27.1% year over year. However, the figure surpassed the Zacks Consensus Estimate by 0.7%.Segment Det ...

AMN Healthcare Services, Inc. (NYSE:AMN) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Randle Reece – Senior Director-Investor Relations Cary Grace – President and Chief Executive Officer Jeff Knudson – Chief Financial Officer Conference Call Participants Kevin Fischbeck – Bank of America Trevor Romeo – William Blair A.J. Rice – UBS Brian Tanquilut – Jefferies Jeff Silber – BMO Capital Markets Tobey Sommer – Truist Securities Constantine Davides – Citizens JMP Bill Sutherland ...

For the quarter ended March 2024, AMN Healthcare Services (AMN) reported revenue of $820.88 million, down 27.1% over the same period last year. EPS came in at $0.97, compared to $2.49 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $814.96 million, representing a surprise of +0.73%. The company delivered an EPS surprise of +4.30%, with the consensus EPS estimate being $0.93.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Core Insights - AMN Healthcare Services reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, but down from $2.49 per share a year ago, indicating a significant year-over-year decline [1] - The company achieved revenues of $820.88 million for the quarter, surpassing the Zacks Consensus Estimate by 0.73%, but down from $1.13 billion in the same quarter last year [1] - AMN Healthcare has consistently surpassed consensus EPS and revenue estimates over the last four quarters [1] Earnings Performance - The earnings surprise for the recent quarter was 4.30%, and the company also delivered a surprise of 4.76% in the previous quarter [1] - The current consensus EPS estimate for the upcoming quarter is $0.90, with expected revenues of $777.49 million, while the estimate for the current fiscal year is $3.86 on $3.16 billion in revenues [4] Stock Performance and Outlook - AMN Healthcare shares have declined approximately 19.5% since the beginning of the year, contrasting with the S&P 500's gain of 8.8% [2] - The estimate revisions trend for AMN Healthcare is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [4] Industry Context - The Medical Services industry, to which AMN Healthcare belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a relatively strong position within the sector [5] - Another company in the Medical sector, Cue Health Inc., is expected to report a quarterly loss of $0.40 per share, reflecting a year-over-year change of +16.7%, with revenues anticipated to be $10.16 million, down 59% from the previous year [5][6]