Acacium Group, the eighth largest healthcare staffing firm in the US, has acquired Favored Healthcare Staffing. Acacium, with subsidiaries including General Medicine Group, Liquid Personnel, and the Acacium Group, provides healthcare staffing and managed services through a variety of innovative delivery models. Its mission is to help healthcare providers and employers meet the challenges of rising demand and limited workforce supply.
Acacium Group acquires Favorite Healthcare Staffing
Favorite Healthcare Staffing is a provider of staffing services to healthcare organizations. The company was founded in 1981 and currently employs over 1005 people. Its CEO is Christopher Brink. Under his leadership, the company has moved into the top ten largest healthcare staffing firms.
In addition to Favorite Healthcare Staffing, the Acacium Group has also acquired IBISWorld, Capital IQ, PHP Estimates and Research. The combined companies provide healthcare providers and employers with comprehensive services to meet their diverse needs. The Acacium Group is the largest healthcare solutions provider in Europe, and is committed to offering expert solutions and innovative delivery models to help clients meet their workforce needs. Acacium is a portfolio company of Onex Partners and TowerBrook Capital.
Favorite Healthcare Staffing is now a part of the Acacium Group, a healthcare recruitment firm headquartered in London. The acquisition will allow the company to focus on providing healthcare professionals with a variety of staffing solutions. In addition to per diem and travel staffing solutions, Favorite Healthcare Staffing will also offer permanent placement options and MSP and VMS programs.
Acacium Group’s healthcare staffing services include allied health and social care staffing. Acacium also provides a variety of other workforce management solutions to healthcare organizations. Acacium has offices throughout the US and Europe. The Acacium Group’s specialist brands offer a range of workforce, service offerings, and deep clinical expertise.
Favorite Healthcare Staffing is the eighth-largest US healthcare staffing firm
Favorite Healthcare Staffing is a national healthcare staffing company that sets the standard for quality and professionalism in the medical staffing industry. It offers preferred pricing to MedChi members and a comprehensive menu of staffing solutions and services. The company was named by Staffing Industry Analysts as one of the largest healthcare staffing companies in the US in 2019 and is Joint Commission certified.
The company had a $140 million no-bid contract with the state of Florida and had been doing business in Florida for nearly 40 years. The lawsuit alleges that Favorite did not pay its workers on time and violated federal labor laws. The lawsuit is seeking the earned straight and overtime pay that these employees are entitled to under FLSA. The Florida lawsuit was filed by eight registered nurses who signed up to work for Favorite during the pandemic in the state of Florida. Favorite had promised them 48 hours of work per week with overtime pay.
Favorite Healthcare Staffing is headquartered in Overland Park, Kansas. The firm has over thirty seven branch locations throughout the country. The company specializes in temporary and permanent placement of healthcare professionals. In addition to its permanent placement services, it offers float pool management, VMS, and MSP programs.
Pathology Group
The acquisition of Favorite Healthcare Staffing by TowerBrook brings new ownership to one of the largest providers of total workforce solutions in the healthcare industry. The company, which was acquired from TPG Growth, has a history of providing healthcare clients with quality, expert placements across a wide range of clinical and non-clinical roles. The company aims to provide its clients with expert solutions to meet the increasing demand for healthcare professionals and the constrained supply of skilled personnel.
Acacium is a leading provider of healthcare solutions across Europe, offering managed services, staffing, and innovative delivery models. Its specialist brands bring together a diverse workforce, technology, and deep clinical expertise to deliver customized and tailored solutions to the healthcare industry.
The Acacium Group is an international healthcare recruitment and staffing services company with market-leading specialist brands. Its capabilities include deep clinical expertise, managed services, and digital capabilities. The company was advised by England & Company. The acquisition of Favorite Healthcare Staffing creates a specialist healthcare staffing and workforce solutions business with a national footprint.
