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Medical Connections, Inc. (MCTH.OB) Signs Agreement to Acquire Healthcare Staffing Company

Source: http://Blog.QualityStocks.net/?p=14551
Posted on Thursday, February 26th, 2009 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

Medical Connections Holdings, Inc., a rapidly growing healthcare staffing company specializing in allied health, nurse and physician staffing and recruiting services, has signed a Letter of Intent to acquire Oklahoma On-Call, Inc. The Locum Tenens company provides temporary coverage and permanent placement for physicians, physician assistants, and nurse practitioners throughout Oklahoma and the Midwest.

Medical Connections’ President, Anthony Nicolosi, stated, “We are excited to announce our first acquisition for 2009. The Locum Tenens business is one of the fastest growing segments of the healthcare staffing industry. The Midwest region offers us an excellent strategic opportunity to expand our presence in an area of the country that can provide stable growth and a valuable work force. The addition of the physicians’ temporary coverage business combined with additional permanent placement capabilities are an excellent fit for Medical Connections Holdings, Inc.”

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