AMN Healthcare Services, Inc. (NYSE: AHS), a healthcare solutions and staffing services company, has acquired Advanced Medical Personnel Services, Inc. for $200 million. Advanced Medical Personnel specializes in placing therapists and nurses in contract positions across multiple settings including hospitals, schools, clinics, skilled nursing facilities, and home health.
AMN purchased Advanced Medical for the company’s recently launched telehealth platform for delivery of speech therapy to children in large school districts across the country. Another telehealth company changed hands in early April, as Advantia Health, a physician medical group, acquired Pacify, a telehealth company. In January, Medici bought Chiron Health, a virtual healthcare company, for an undisclosed amount.
It’s unusual to spot it in the healthcare staffing sub-sector, but it might be foreshadowing an upcoming trend. With companies in multiple sectors looking to stake out a place in the market of telehealth, expect it become a driving force for more acquisition throughout the year.