Navigation Links
TeamStaff Announces Agreement to Sell Its Travel Healthcare Subsidiary
Date:12/29/2009

SOMERSET, N.J., Dec. 29 /PRNewswire-FirstCall/ -- TeamStaff, Inc. (Nasdaq: TSTF), a leading healthcare and logistical staffing provider serving the Federal Government, today announced that it has reached a definitive agreement to sell certain assets of its travel nursing and allied healthcare subsidiary, TeamStaff Rx, Inc. to Advantage RN, LLC. TeamStaff Rx is located in Clearwater, Florida. The transaction is structured as an all cash purchase which is expected to close on or about January 4, 2010. The effective date of the transfer of employees was December 28, 2009. Other terms of the transaction were not disclosed.

TeamStaff's travel healthcare subsidy will be accounted for as discontinued operations when the company reports fourth quarter and fiscal year end results. The company plans to file an extension with the Securities and Exchange Commission for the filing of its Annual Report on Form 10-K and expects to report fourth quarter and year end results on or about January 13, 2010.

Commenting on the transaction, Rick J. Filippelli, TeamStaff's President and CEO, said, "The divestiture of TeamStaff Rx will allow the Company to focus on its core business, TeamStaff Government Solutions ('GS'), which provides human capital solutions to government agencies. TeamStaff plans to use the sales proceeds to help fund the development and expansion of GS."

Commenting on the acquisition, Mathew Price, Advantage RN's President and CEO added, "We believe our acquisition of TeamStaff Rx, which includes a strong presence in the Allied segment of Healthcare Staffing, will provide synergy with our Travel Nurse and Locum Tenens divisions to support our vision of providing our hospital clients with a complete solution to their supplemental staffing needs. Additionally, we feel that the industry knowledge, manag
'/>"/>

SOURCE TeamStaff, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. TeamStaff Awarded $3.3 Million Contract
2. TeamStaff Announces Transfer to Nasdaq Capital Market
3. TeamStaff Announces Revised Business Strategy; Chief Executive Officer to Step Down on Completion of Search For Successor
4. TeamStaff Receives Nasdaq Deficiency Notice Related to the Market Value of Its Publicly Held Shares
5. TeamStaff Reports Third Quarter Results
6. TeamStaff, Inc. To Announce Third Quarter Results
7. TeamStaff Reports Second Quarter Results
8. TeamStaff Rx Signs Staffing Agreement With One of the Nations Largest Healthcare Services Networks
9. General Services Administration Awards Information Technology Schedule Contract to TeamStaffs Government Staffing Subsidiary
10. TeamStaff Promotes Kevin Wilson to President of Government Staffing Subsidiary
11. TeamStaff, Inc. Reports Preliminary Second Quarter 2008 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/22/2014)... 22, 2014 TheHardwareCity.com now stocks MagnoGrip ... many useful features. Customers of the large online tool ... new gloves delivered to their home or workplace with ... tools that incorporate heavy duty magnets, which make work ... workers to store metal parts on the back of ...
(Date:12/22/2014)... (PRWEB) December 22, 2014 NAPW ... 2014 Professional Woman of the Year. She is recognized ... the largest, most recognized networking organization of professional women ... the National Association of Professional Women is a vibrant ... Local Chapters. , Ms. Kreider is passionate and committed ...
(Date:12/22/2014)... 22, 2014 Parker & Sons, Inc. ... in Arizona home contracting services reports a record number ... quality services in 2014. As a company that has ... 1970s, Parker and Sons is a business that is ... works side-by-side with other top quality companies in Arizona ...
(Date:12/21/2014)... 22, 2014 BellasDress.com offers a wide ... women. Today, it announces its BellasDress Christmas Sale ... its online store. , BellasDress is a famous online ... its fans through a series of promotions. The dress ... customer. , “We are proud of offering high ...
(Date:12/21/2014)... 2014 Hundreds of Byetta lawsuits ... involving a class of Type 2 diabetes drugs ... in a federal multidistrict litigation now underway in ... Liebhard LLP reports. According to an Order dated ... cut-off date of February 27, 2014 for discovery ...
Breaking Medicine News(10 mins):Health News:MagnoGrip Pro Utility Magnetic Gloves on Sale at TheHardwareCity.com 2Health News:National Association of Professional Women Announces Cheryl A. Kreider, President / CEO of Kreider Health Solutions, LLC, a 2014 Professional Woman of the Year 2Health News:Parker & Sons Reports A Record Number Of Favorable References With Regard To Its Quality Services In 2014 2Health News:Parker & Sons Reports A Record Number Of Favorable References With Regard To Its Quality Services In 2014 3Health News:BellasDress.com Announces its BellasDress Christmas Sale 2Health News:Byetta Lawsuit News: New Order Issued in Federal Incretin Mimetics Litigation, Bernstein Liebhard LLP Report 2Health News:Byetta Lawsuit News: New Order Issued in Federal Incretin Mimetics Litigation, Bernstein Liebhard LLP Report 3Health News:Byetta Lawsuit News: New Order Issued in Federal Incretin Mimetics Litigation, Bernstein Liebhard LLP Report 4
... Md., March 12 EntreMed, Inc. (Nasdaq: ... the treatment of cancer and inflammatory diseases, today reported ... December 31, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20010620/ENMDLOGO )For ... million for 2007. For the year ended December ...
... March 12 /PRNewswire-Asia/ -- WuXi PharmaTech (Cayman) Inc.,(NYSE: ... device R&D,outsourcing company with operations in China and the ... for the fourth quarter 2008,on March 26, 2009 Shanghai ... 25, 2009 New York time. , ...
... health and happiness AVON, Ohio, March 12 Nigerian-born chef ... Phiner Bistro in Avon, Ohio, is also a renowned health ... a simple philosophy: you are what you eat. As she ... are happy, they are at peace. If the world eats ...
... Pathfinder Business Strategies names the most powerful, yet underutilized tax deductions ... ... 2009 -- Aftershocks from the United States, current financial crisis will ... years to come. Among the most vulnerable who have a lot ...
... Wound-Be-Gone™ is now the only over the counter treatment for,chronic and ... speeds up the healing process and prevents scar formation. , ... ... Gone® is a novel product based on revolutionary technology in the ...
... of Jennifer Munoz as new Vice President of Marketing. ... driving and managing all aspects of the company,s marketing ... and to obtain new channels of opportunities for our ... marketing strategies to expand the company presence and visibility ...
Cached Medicine News:Health News:EntreMed Reports Fourth Quarter and Year-End 2008 Financial Results 2Health News:EntreMed Reports Fourth Quarter and Year-End 2008 Financial Results 3Health News:EntreMed Reports Fourth Quarter and Year-End 2008 Financial Results 4Health News:EntreMed Reports Fourth Quarter and Year-End 2008 Financial Results 5Health News:WuXi PharmaTech Schedules Fourth Quarter 2008 Earnings Release on Thursday, March 26, 2009 2Health News:Renowned Chef and Health and Wellness Advocate Writes Book of Recipes for Juicing Raw Fruits and Vegetables 2Health News:Top 20 Tax Tips For Doctors 2Health News:Wound Be Gone: Quickly Gaining Strong Support from Clinician Experts in the Field of Wound Healing 2Health News:Medical Disposables Promotes Jennifer Munoz as Vice President of Marketing 2Health News:Medical Disposables Promotes Jennifer Munoz as Vice President of Marketing 3
(Date:12/19/2014)... 18, 2014 Capnia, Inc. (NASDAQ: ... medical diagnostics based on its proprietary Sensalyze™ Technology ... announced financial results for the third quarter and ... "Following the completion of our initial public offering ... the recently initiated CoSense® commercial launch," said Anish ...
(Date:12/19/2014)... KANSAS CITY, Kan. , Dec. 18, 2014 ... PETX ), a biopharmaceutical company focused on ... for companion animals, today announced positive results from ... company,s innovative drug for treating pain in dogs ... demonstrated improvements in pain assessment scores that were ...
(Date:12/17/2014)... , Alemania, December 17, 2014 ... año anterior, con un alto nivel de gasto en ... año fiscal 2013/14 (finalizado el 30 de septiembre de ... ciento a 4.287 millones de euros (año anterior: 4.190 ... la moneda desfavorables. Las ganancias (EBIT) crecieron un 14 ...
Breaking Medicine Technology:Capnia Reports Third Quarter 2014 Financial Results 2Capnia Reports Third Quarter 2014 Financial Results 3Capnia Reports Third Quarter 2014 Financial Results 4Capnia Reports Third Quarter 2014 Financial Results 5Capnia Reports Third Quarter 2014 Financial Results 6Capnia Reports Third Quarter 2014 Financial Results 7Capnia Reports Third Quarter 2014 Financial Results 8Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 2Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 3Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 4Aratana Therapeutics Announces Positive Top-Line Results from AT-001 Pivotal Field Study in Client-Owned Dogs with Osteoarthritis 5ZEISS confirma su posición en un entorno difícil 2
... 2011 Endologix, Inc. (Nasdaq: ... disorders, announced today that John McDermott, President and Chief ... Annual J.P. Morgan Healthcare Conference in San Francisco, CA.Event:29th ... PTAn audio Web cast of the Company,s presentation will ...
... Calif., Jan. 4, 2011 Intarcia Therapeutics, Inc. today ... will present at the 29th Annual JP Morgan Healthcare ... 2011 at the Westin St. Francis Hotel in San ... About Intarcia Intarcia Therapeutics, ...
Cached Medicine Technology:Intarcia Therapeutics Executive Chairman Kurt Graves to Present at 29th Annual JP Morgan Healthcare Conference 2
Hubbed drains are made of translucent silicone and include a full-length X-ray opaque stripe....
Siliconized PVC drains...
Bard® Channel Drain...
Used for placement of cholangiography catheters and other instruments. Supplied sterile in peel-open packages. Intended for one-time use....
Medicine Products: