AMN Healthcare Inc. (NYSE: AMN) announced that it has completed its acquisition of Stratus Video Holding Co. for $475 million, according to a filing with the US Securities and Exchange Commission. Final regulatory approvals were received last week. The acquisition had been announced Jan. 30. Straus Video, based in Clearwater, Florida, provides video-based language interpretation services for the healthcare industry. The deal included the purchase of all outstanding shares in Stratus. “Qualified healthcare interpretation, which is mandated by federal and state regulations, is a service that many healthcare organizations do not have the resources to provide for themselves,” CEO Susan Salka said in an investor conference call last week.
Read the full article: AMN Completes Acquisition of Stratus Video in Bid to Further Service Offerings //