Accountable Healthcare Holdings Corp. Acquires Mastech Holdings, Inc. Healthcare Staffing Units
BOCA RATON, Fla., July 31, 2013 /PRNewswire-iReach/ -- Accountable Healthcare Staffing Inc., ("AHS") a growing national provider of quality healthcare staffing solutions, announced today that the company has acquired the healthcare staffing businesses of Mastech Holdings, Inc., a publically traded company. The acquired businesses, Mastech Healthcare and Curastat Healthcare Group ("Curastat"), are wholly owned subsidiaries of Mastech Holdings, Inc. Mastech Healthcare specializes in placing Operating Room Nurses, Surgical Technicians, Post Anesthesia Care Unit (PACU) Nurses, Sterile Processing Technicians, Physical Therapists and Occupational Therapists in the greater Chicagoland area. Curastat has operated in the greater Phoenix market for over ten years, providing local Per Diem Nursing and Travel Nurses on nationwide contracts.
"Accountable's map continues to grow. I am pleased to announce the completion of the acquisition of Mastech Healthcare and Curastat which will be effective Sunday, August, 11th. Mastech Healthcare, based in Chicago, strengthens our existing nurse per diem and contract business in that important market. Curastat, based in Phoenix, will augment our presence in the travel nurse business, as well as in the local per diem market. In addition, this acquisition will provide AHS with a surgical/specialty staffing platform to strengthen our existing Chicago business. AHS plans to replicate this specialty product line in the company's other branch locations. Both companies will be rebranded to AHS and I am happy to report that the management teams and staff of each acquired unit will be joining AHS," stated Robert Adamson, Chairman & CEO of Accountable Healthcare Staffing.
"AHS provides an ideal platform to grow both Mastech Healthcare and Curastat Healthcare Group. This transaction will provide our business lines a more complementary portfolio of services and a strong management team of healthcare staffing professionals. Our teams look forward to participating in Accountable Healthcare Staffing's phenomenal track record of growth," commented VP Mastech Healthcare, Risher Dumpit.
Kevin Horner, Mastech's Chief Executive Officer stated, "I am very pleased with the hard work and the results that the Mastech Healthcare and Curastat teams have delivered to our company over the past seven quarters. This 'new beginning' which we are announcing today is all about focus. It takes great employees and great customers from Mastech Healthcare and Curastat and pairs them with AHS, where healthcare staffing is the core business. Additionally, it enables Mastech to focus on growing its core competency – IT staffing. Having worked closely with the leadership of AHS over the past several months, I am convinced that this is a great next step for all stakeholders – customers, employees and shareholders of both organizations."
This acquisition will be the seventh transaction AHS has completed since inception as the Company gains further momentum executing its long-term business plan through a combination of organic initiatives and scale strategic acquisitions.
With over two centuries of combined experience between their Executive Management and Branch Teams, AHS is one of the fastest growing healthcare staffing companies in the U.S. With offices in Arizona, Colorado, Florida, Georgia, Illinois, Maryland, Missouri, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, Texas and Virginia, the Company's combined expertise began in the '70s when healthcare staffing was just gaining recognition and momentum. Today, AHS teams bring together market knowledge and insights that are reshaping service delivery with an emphasis on quality, integrity and clinical excellence.
To learn more about Accountable Healthcare Staffing, visit the Company's website at www.AHCStaff.com
Media Contact: Robert J. Adamson, Accountable Healthcare Staffing, Inc., (561) 235-7811, RobertAdamson@AHCStaff.com
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SOURCE Accountable Healthcare Staffing, Inc.
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