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AMN Healthcare Sells Smart Square Scheduling Technology to symplr, Creates Commercial Partnership to Deliver Comprehensive Healthcare Workforce Solutions

MWN-AI** Summary

On July 2, 2025, AMN Healthcare (NYSE: AMN), a leader in comprehensive healthcare talent solutions, announced its sale of the Smart Square® scheduling software to symplr®, a prominent player in enterprise healthcare operations software. This strategic move not only involves the acquisition of the Smart Square technology but also establishes a commercial partnership aimed at providing integrated healthcare workforce solutions.

Cary Grace, president and CEO of AMN Healthcare, emphasized the growing complexity healthcare organizations face in workforce management. The collaboration will allow AMN to focus on enhancing its WorkWise platform, which integrates workforce planning, analytics, and artificial intelligence tools. By partnering with symplr, AMN aims to streamline workforce optimization, scheduling, and administrative functions for hospitals and health systems, facilitating a comprehensive solution tailored to modern demands.

BJ Schaknowski, CEO of symplr, highlighted the importance of equipping healthcare organizations with intelligent, purpose-built software to unlock the full potential of their technological investments. The incorporation of Smart Square’s AI-driven scheduling capabilities into the symplr Operations Platform will help address the evolving needs of the healthcare workforce effectively.

The agreement was valued at $75 million, with $65 million disbursed at closing and an additional $10 million note due by the end of 2026. This partnership marks a significant step towards delivering end-to-end workforce management solutions, combining AMN's advisory and talent acquisition prowess with symplr's operational efficiencies.

Both companies are committed to strengthening healthcare delivery and outcomes, as they explore new avenues for collaboration and innovation within the healthcare sector. For more information, visit AMN Healthcare's and symplr's websites.

MWN-AI** Analysis

On July 2, 2025, AMN Healthcare (NYSE: AMN) made a strategic move by selling its Smart Square® scheduling software to symplr® for $75 million. This deal is not merely a divestiture; it signals a significant commercial partnership that marries AMN's healthcare workforce solutions with symplr's operational software capabilities.

For investors, this development presents a crucial opportunity to reassess the potential of AMN in the healthcare sector. The integration of symplr's technology with AMN's existing WorkWise platform is poised to enhance the efficiency of healthcare organizations, addressing a pressing need for seamless workforce management solutions. This aligns with industry trends advocating for technological sophistication in workforce planning and analytics, particularly in a post-pandemic landscape where staffing complexities have escalated.

The financial implications of this partnership are substantial. The immediate cash influx of $65 million bolsters AMN's liquidity position, while the deferred note of $10 million showcases a commitment to a long-term relationship with symplr. This will likely enable AMN to invest in expanding its technological offerings, further solidifying its market leadership.

Moreover, the partnership enhances AMN's value proposition by delivering an end-to-end workforce management solution that leverages AI-driven insights—critical as healthcare organizations strive for operational excellence. As institutions increasingly seek integrated solutions, AMN's collaboration with symplr could enhance client retention and attract new business.

Given these developments, investors should view AMN as a robust player in the healthcare technology space. The stock may present growth potential as AMN capitalizes on this partnership to improve operational efficiencies for healthcare clients. Analysts should closely monitor subsequent earnings reports to gauge the financial impact of this newly formed alliance.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

DALLAS, July 02, 2025 (GLOBE NEWSWIRE) -- AMN Healthcare (NYSE: AMN), the leader in total healthcare talent solutions, today announced the sale of its Smart Square® scheduling software to symplr®, a leader in enterprise healthcare operations software. In addition to the acquisition, symplr and AMN have entered into a commercial partnership that ensures customers get the best of both worlds: symplr’s excellence in operational technology and AMN’s leadership in healthcare workforce solutions.

“Healthcare organizations are navigating unprecedented workforce complexity. This deal advances our focus on the workforce planning, analytics, and AI capabilities of our WorkWise platform, while seamlessly integrating WorkWise into our clients’ scheduling and operational tools through strategic technology partnerships, like this one with symplr,” said Cary Grace, president and CEO at AMN Healthcare.

Healthcare organizations increasingly demand integrated, efficient workforce management solutions that work together effortlessly. By uniting AMN’s unmatched strategic workforce advisory, planning and analytics solutions with symplr’s workforce software, the combined capabilities will streamline workforce optimization, scheduling, timekeeping, and administrative processes for hospitals and health systems nationwide.

“A critical way for hospitals and health systems to unlock greater value from their technology is to arm them with intelligent, purpose-built software,” said BJ Schaknowski, CEO of symplr. “Bringing Smart Square’s AI-driven scheduling engine into the symplr Operations Platform helps us stay ahead of the emerging and dynamic needs of the healthcare workforce.”

This commercial partnership enhances AMN's WorkWise technology suite by intelligently connecting clients with additional digital offerings that extend workforce management systems clients already use. By aligning with best-in-class partners like symplr for enhanced functionality, AMN can deliver an end-to-end solution for planning, staffing, scheduling, talent acquisition, and workforce deployment that adapts to the evolving workforce needs of healthcare organizations.

The total purchase price was $75 million, with $65 million paid at closing and a $10 million note due at the end of 2026.

About AMN Healthcare
AMN Healthcare is the leader and innovator in total talent solutions for healthcare, bringing together the people, processes and technology to deliver better care. Through a steadfast partnership approach, we solve the most pressing workforce challenges to enable better clinical outcomes and access to care. In 2024 our healthcare professionals reached nearly 15 million patients at more than 2,100 healthcare systems, including 87 percent of the top healthcare systems nationwide. We provide a comprehensive network of quality healthcare professionals and deliver a fully integrated and customizable suite of workforce technologies. For more information, visit www.amnhealthcare.com .

About symplr
symplr is a leader in enterprise healthcare operations software and services with a first-of-its-kind operations platform. Trusted in 9 of 10 U.S. hospitals and 400+ U.S. health plans, symplr optimizes operations and maximizes care powered by our cloud-based workforce, quality, provider data management, and spend solutions. Gain efficiency, reduce complexity, and improve outcomes where it matters most. Learn how to stay ahead of change at www.symplr.com .

Media Contact
Corporate Communications
AMN Healthcare
AMN-PR@amnhealthcare.com
Investor Contact
Randle Reece
Vice President, Investor Relations
AMN Healthcare
(866) 861-3229
investorrelations@amnhealthcare.com

FAQ**

How will the sale of Smart Square® scheduling software to symplr® impact AMN Healthcare Services Inc AMN’s overall revenue and growth strategy moving forward?

The sale of Smart Square® scheduling software to symplr® is likely to enhance AMN Healthcare Services Inc's revenue and growth strategy by providing a financial boost, enabling reinvestment in core services, and strengthening its position in the healthcare technology market.

What specific synergies does AMN Healthcare Services Inc AMN anticipate from the partnership with symplr® in terms of enhancing their WorkWise platform?

AMN Healthcare Services Inc anticipates that the partnership with symplr® will enhance their WorkWise platform by integrating advanced workforce management solutions, streamlining credentialing processes, and improving overall operational efficiency in healthcare staffing.

Can you provide insights on how the $75 million acquisition will be financed and its potential effect on AMN Healthcare Services Inc AMN's financial health?

The $75 million acquisition is likely to be financed through a combination of cash reserves, debt financing, and/or equity issuance, which could initially strain AMN Healthcare's financials but may enhance growth potential and long-term value if successfully integrated.

In what ways does AMN Healthcare Services Inc AMN plan to leverage the integration with symplr® to address the complexities of the healthcare workforce?

AMN Healthcare Services Inc plans to leverage its integration with symplr® by streamlining workforce management, enhancing credentialing processes, improving data analytics for staffing needs, and providing comprehensive workforce solutions to navigate healthcare complexities.

**MWN-AI FAQ is based on asking OpenAI questions about AMN Healthcare Services Inc (NYSE: AMN).

AMN Healthcare Services Inc

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