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Medical Staffing Network Announces Sale of HomeCare Division to Epic Health Services

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BOCA RATON, Fla.--(BUSINESS WIRE)--

Medical Staffing Network Healthcare, LLC (MSN), one of the nation's largest healthcare workforce solutions companies, today announced it has completed the sale of its MSN HomeCare division to Epic Health Services of Dallas, Texas. This sale is part of the company's strategic plan to focus on its core competencies that include services to acute and non-acute healthcare organizations.

“The sale of MSN HomeCare enables our company to make further investments in the innovative workforce management solutions that MSN has become known for,” said Medical Staffing Network Chairman and CEO Bob Bunker. “Our clients need a strategic partner that understands the dynamics of the workplace, has an understanding of labor management and workforce optimization, and can provide real solutions that lower costs.

“While it is hard to let go of an extremely successful division and its employees, I am confident that the choice of Epic Health Services meets our goal to find a suitable organization that holds the same core values as MSN, allowing the best opportunity for our vision to continue.”

Along with a newly formed sales team, MSN is now better positioned to leverage its entire sales and operations staff to meet the workforce management needs of its clients. This, coupled with MSN's upgraded technology, gives healthcare organizations more options than ever before to efficiently and cost effectively meet their unique needs.

John C. Garbarino, President and Chief Executive Officer of Epic stated, “We are pleased to have such a strong group of clinicians and client service staff joining the Epic team. We pride ourselves on providing the highest quality care and extraordinary service to our clients. MSN HomeCare has certainly adhered to these values and their clients will continue to receive the very best care as they become part of the Epic family.”

Nexus Health Capital served as exclusive investment banking advisor to MSN in the transaction. The sale will help to elevate Epic Health Services to the largest provider of high quality pediatric home health care in the state of Texas.

Further information about MSN Healthcare is available at www.msnhealth.com, and for more about Epic Health Services, visit www.epichealthservices.com

About MSN

Medical Staffing Network Healthcare, LLC has been at the forefront of providing premier workforce solutions for the healthcare industry. With over 80 offices nationwide, MSN is able to provide local customized and scalable workforce management services. All of MSN's solutions work to identify and implement process improvements increasing employee satisfaction and retention, while reducing labor costs. MSN is Joint Commission Certified and has been honored as one of the largest US Healthcare Staffing Firms by Staffing Industry Analysts. For more information, visit the company website at www.msnhealth.com.

About Epic Healthcare Services

Epic Health Services, Inc. is the largest provider in Texas of private duty nursing services for medically-fragile children. Epic also provides pediatric therapy services and private duty nursing services for adults faced with chronic illnesses or catastrophic injuries. The company is dedicated to improving the quality of life for medically fragile children and their families by providing the highest quality care and extraordinary client service. For more information, visit the company website at www.epichealthservices.com.

About Nexus Health Capital

Nexus Health Capital is a New York and Dallas-based investment bank specializing in financial advisory, M&A and private capital financing services to emerging growth and middle-market healthcare-focused companies.

Medical Staffing Network is a registered trademark of Medical Staffing Network Healthcare, LLC. All other trademarks are the property of their respective holders.

Medical Staffing Network Healthcare, LLC
Jackie Nelson, 630-791-2027
jackienelson@msnhealth.com

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