Business
Cross Country Education Announces Acquisition of Selected
New Platform Provides General and Special Education Staffing Support as a Part of Cross Country Healthcare’s Digital Transformation BOCA RATON,
About this update from Cross Country Healthcare, Inc.
[{"type":"text","content":"\nNew Platform Provides General and Special Education Staffing Support as a Part of Cross Country Healthcare’s Digital Transformation\n\n BOCA RATON, Fla.--(BUSINESS WIRE)--\nCross Country Education, a division of Cross Country Healthcare, Inc., (NASDAQ: CCRN), has acquired substantially all the assets of Selected, a cloud-based matching and hiring talent platform that pairs educators with schools based on mutually shared preferences to ensure a tailored and long-term fit.\n\n“Cross Country is investing in new ways for organizations to nurture and create talent pools to ensure a balanced talent equilibrium across the healthcare and education industries,” said Kevin C. Clark, co-founder, and chief executive officer of Cross Country Healthcare. “This latest acquisition, a SaaS subscription-based offering, expands our tech-based capabilities and advances our digital transformation strategy in the education space.”\n\nThe acquisition of Selected builds on Cross Country Education’s educator-led, student-driven, and solutions-oriented offerings to the communities that it serves, while supporting Cross Country Healthcare’s ongoing digital transformation efforts which leverage the latest-generation of tech-enabled and data-driven strategies to support the organization’s solution-oriented offerings and the communities it serves.\n\n“Schools need a sustainable pipeline of diverse and qualified educators to help resolve staffing strains and shortages,” said Waine Tam, chief executive officer of Selected, “we are excited to join Cross Country Education and the Cross Country family, particularly during such a critical time for education.”\n\nNationwide, these shortages have been made far worse due to the ongoing COVID-19 pandemic. According to a 2021 EdWeek Research Center survey, 40 percent of district leaders and principals said that their current staff shortages are considered “severe” or “very severe.” Further, 77 percent of respondents said that they struggled to hire enough substitute teachers and 55 percent said that they struggled to fill paraprofessionals and instructional aide positions.\n\nSelected’s innovative candidate matching platform, integrated into Cross Country Education’s support and delivery model will help to ensure a seamless hiring method for educators and other teaching staff in local markets through automated target...