AMN Healthcare Services Inc. Files 2023 Annual Report (10-K)

TL;DR

<b>AMN Healthcare Services Inc. has filed its annual 10-K report for the fiscal year ended December 31, 2023, detailing its financial performance and business operations.</b>

AI Summary

AMN HEALTHCARE SERVICES INC (AMN) filed a Annual Report (10-K) with the SEC on February 22, 2024. AMN Healthcare Services Inc. filed its 10-K report for the fiscal year ending December 31, 2023. The filing covers the period from January 1, 2023, to December 31, 2023. The company's principal executive offices are located at 2999 Olympus Boulevard, Suite 500, Dallas, TX 75019. The filing was made as of February 22, 2024. AMN Healthcare Services Inc. is incorporated in Delaware.

Why It Matters

For investors and stakeholders tracking AMN HEALTHCARE SERVICES INC, this filing contains several important signals. This 10-K filing provides a comprehensive overview of AMN Healthcare's financial health, operational performance, and strategic positioning for the fiscal year 2023, which is crucial for investors to assess the company's stability and growth prospects. The detailed financial statements and risk factors within the report offer insights into the company's ability to navigate the healthcare staffing industry's challenges and capitalize on opportunities, informing investment decisions.

Risk Assessment

Risk Level: — AMN HEALTHCARE SERVICES INC shows moderate risk based on this filing. The company operates in the healthcare staffing services industry, which is subject to regulatory changes, economic fluctuations, and competitive pressures that could impact its financial performance.

Analyst Insight

Investors should review the detailed financial statements and risk factors in the 10-K to understand AMN Healthcare's performance and outlook for the coming year.

Key Numbers

• 2023-12-31 — Fiscal Year End (CONFORMED PERIOD OF REPORT)
• 2024-02-22 — Filing Date (FILED AS OF DATE)

Key Players & Entities

• AMN HEALTHCARE SERVICES INC (company) — FILER
• 2999 OLYMPUS BOULEVARD (location) — BUSINESS ADDRESS
• DALLAS (location) — BUSINESS ADDRESS
• TX (location) — BUSINESS ADDRESS
• 75019 (location) — BUSINESS ADDRESS
• DE (location) — STATE OF INCORPORATION

FAQ

Industry Context

AMN Healthcare Services Inc. operates within the healthcare staffing and workforce solutions industry, providing services to healthcare facilities across the United States.

Regulatory Implications

The filing is a standard 10-K annual report required by the Securities and Exchange Commission (SEC) for publicly traded companies.

What Investors Should Do

1. Review the full 10-K filing for detailed financial statements and management's discussion and analysis.
2. Analyze the risk factors section to understand potential challenges and uncertainties facing AMN Healthcare.
3. Compare the 2023 financial results with previous years to identify trends and performance changes.

Key Dates

• 2023-12-31: Fiscal Year End — End of the reporting period for the 10-K.
• 2024-02-22: Filing Date — Date the 10-K report was officially filed with the SEC.

Year-Over-Year Comparison

This filing represents the annual report for the fiscal year 2023, providing updated financial and operational information compared to previous filings.

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value AMN New York Stock Exchange
• $109.12 — 26,484 based on a closing sale price of $109.12 per share. As of February 20, 2024, th
• $3.4 billion — offering. In 2023, we had approximately $3.4 billion in spend under management through our M
• $7.6 billion — discussed below), we had approximately $7.6 billion of spend under management during 2023.

Filing Documents

• amn-20231231.htm (10-K) — 1933KB
• amn-ex1040x20231231x10k.htm (EX-10.40) — 67KB
• amn-ex1041x20231231x10k.htm (EX-10.41) — 69KB
• amn-ex1042x20231231x10k.htm (EX-10.42) — 66KB
• amn-ex1043x20231231x10k.htm (EX-10.43) — 78KB
• amn-ex1044x20231231x10k.htm (EX-10.44) — 79KB
• amn-ex1045x20231231x10k.htm (EX-10.45) — 75KB
• amn-ex1046x20231231x10k.htm (EX-10.46) — 83KB
• amn-ex1047x20231231x10k.htm (EX-10.47) — 81KB
• amn-ex1048x20231231x10k.htm (EX-10.48) — 80KB
• amn-ex211x20231231x10k.htm (EX-21.1) — 17KB
• amn-ex231x20231231x10k.htm (EX-23.1) — 3KB
• amn-ex311x20231231x10k.htm (EX-31.1) — 11KB
• amn-ex312x20231231x10k.htm (EX-31.2) — 11KB
• amn-ex321x20231231x10k.htm (EX-32.1) — 6KB
• amn-ex322x20231231x10k.htm (EX-32.2) — 6KB
• amn-ex971x20231231x10k.htm (EX-97.1) — 22KB
• amn-20231231_g1.jpg (GRAPHIC) — 49KB
• amn-20231231_g2.jpg (GRAPHIC) — 188KB
• image_0.jpg (GRAPHIC) — 1KB
• image_0a.jpg (GRAPHIC) — 1KB
• image_0b.jpg (GRAPHIC) — 1KB
• 0001142750-24-000016.txt (&nbsp;) — 11599KB
• amn-20231231.xsd (EX-101.SCH) — 62KB
• amn-20231231_cal.xml (EX-101.CAL) — 124KB
• amn-20231231_def.xml (EX-101.DEF) — 286KB
• amn-20231231_lab.xml (EX-101.LAB) — 894KB
• amn-20231231_pre.xml (EX-101.PRE) — 604KB
• amn-20231231_htm.xml (XML) — 1635KB

Signatures

Signatures 77 Table of Contents References in this Annual Report on Form 10-K to "AMN Healthcare," "AMN," the "Company," "we," "us" and "our" refer to AMN Healthcare Services, Inc. and its wholly owned subsidiaries. This Annual Report contains references to our trademarks and service marks. For convenience, trademarks, service marks and trade names referred to in this Annual Report do not appear with the , TM , or SM symbols, but the lack of references is not intended to indicate that we will not assert our right to these trademarks, service marks and trade names. PART I 10-K Introduction This section provides an overview of AMN Healthcare Services, Inc. It does not contain all of the information you should consider. Please read the entire Annual Report on Form 10-K carefully before voting or making an investment decision. In Particular, Please See the Following Sections

Forward-Looking Statements Risk

Forward-Looking Statements Risk Factors Page 9 Page 9 Management's Discussion & Analysis Financial Page 24 Page 35 Index of frequently requested 10-K information Five-Year Performance Graph Page 23 Results of Operations Page 26 Liquidity and Capital Resources Page 27 Financial Statement Footnotes Page 43

Business

Item 1. Business Overview of Our Company and Business Strategy AMN Healthcare empowers the future of care through the nation's broadest network of highly-qualified healthcare professionals. As the leader and innovator in total talent solutions for the healthcare sector in the United States, we tailor our solutions to our clients' workforce challenges and goals, and provide staffing, talent optimization strategies, and technology solutions to support caregivers and patient care. We are passionate about all aspects of our mission to: Deliver the right talent and insights to help healthcare organizations optimize their workforce. Provide healthcare professionals opportunities to do their best work toward high-quality patient care. Create a values-based culture of innovation and inclusion in which our team members can achieve their goals. Our solutions enable our clients to build a sustainable workforce, increase efficiency, and elevate the patient experience. Our comprehensive suite of talent solutions provides management, staffing, recruitment, language services, technology, predictive and market analytics, and related services to build and manage all or part of our clients' healthcare workforce needs. We offer temporary and permanent career opportunities to our healthcare professionals, from nurses, doctors, and allied health professionals to healthcare leaders and executives in a variety of settings across the nation. Our strategy is designed to support growth in the number and size of customer relationships and expansion of the markets we serve as care delivery settings continue to expand. Driving increased adoption of our numerous talent solutions through cross-selling will deepen and broaden our customer relationships. We will continue to innovate, develop and invest in new, complementary service and technology solutions that optimize and manage our clients' workforce, enhance the patient experience, better engage our talent network and expand into differ

View Full Filing

View this 10-K filing on SEC EDGAR