AMN Healthcare sees MedPartners acquisition immediately accretive to EPS
AMN Healthcare announced that it has completed two acquisitions: MedPartners, a leading national mid-revenue cycle firm; and two related brands in healthcare leadership solutions, Phillips DiPisa and Leaders For Today. MedPartners generated 2017 revenue of approximately $125M with an adjusted EBITDA margin of 16%. The MedPartners acquisition is expected to be immediately accretive to AMN's earnings per share. The Phillips DiPisa and Leaders For Today transaction is structured to allow AMN to realize tax benefits having an estimated net present value of approximately $4M. The business will be included in the company's Other Workforce Solutions segment for financial reporting purposes.