Crdentia Corp CRDT Archives

MondayDec 17, 2007 5:21 pm

Crdentia Corp. (CRDT.OB) CFO Featured in Exclusive Audiostocks Interview

Crdentia Chief Financial Officer, James J. TerBeest, discussed the Company’s financial accomplishments and his personal insight for the outlook regarding next year in an interview published by Audiostocks. In the interview the CFO overviewed Crdentia’s closing of two important acquisitions, the receipt of about $6 million in equity financing and the release of Q3 2007 revenue results that show the first organic revenue growth in five consecutive quarters. Mr. TerBeest also gave insight on how important it was having the right people in place to lead to the Company’s recent achievements. He discussed how he believes the team will continue…

MondayNov 26, 2007 5:15 pm

Crdentia Corp. (CRDT.OB) Third Quarter Results See Revenue Rise Due to Organic Growth

The healthcare staffing company saw its third quarter revenue rise to $7.3 million and a larger Margin in the third quarter up to 21.4%. This is coming after a usually weak quarter for healthcare staffing companies, which shows Crdentia’s strong pricing and cost controls within its industry. With Crdentia’s acquisition of MPHS, a leading Healthcare Staffing company in Birmingham and ATS Health services, they are fast becoming the nation’s number one Healthcare staffing company. Also by acquiring MPHS and ATS, Crdentia has spread its fixed costs over larger operations. This is leading to strong Organic growth and increasing the bottom line.…

WednesdayNov 21, 2007 10:02 am

Crdentia Corp. (CRDT.OB) Share Price Skyrockets Over 26% Wednesday Afternoon

Crdentia shares have steadily increased in price since the opening bell and are now trading at the High-Of-Day at $0.29, a 26.09% increase above yesterday’s closing price. This substantial increase comes after the stock reaffirmed its chart support and formed a double bounce pattern, which is considered a bullish move when utilizing the tool of technical analysis. Recently the company announced two changes in its leadership team by announcing the appointment of Amy Disney to the Senior Management Team and promotion of Penny Kirsch to VP of Human Resources. Both ladies have extensive background in their respective fields and are well…

TuesdayNov 20, 2007 6:42 am

Crdentia Corp. (CRDT.OB) Appoints Penny Kirsch to Vice President of Human Resources

Crdentia announced this morning that it has promoted Ms. Penny Kirsch to Vice President of Human Resources. Previously she was the Human Resources Manager and will continue to report directly to John Kaiser, the CEO of Crdentia. Her role will include the responsibility for all human resources operations for 135 internal employees and over 2,000 field staff working out of 21 office locations. John Kaiser stated, “With more than 10 years of HR experience in the healthcare staffing industry, Penny will continue to be instrumental in Crdentia's strong growth with her ability to recruit and retain high-quality employees. In addition,…

TuesdayNov 20, 2007 5:19 am

Credentia Corp. (CRDT.OB) is Well Positioned in the Healthcare Staffing Industry

Crdentia is a large national healthcare staffing company headquartered in Dallas, Texas and has 21 satellite offices in AL, AZ, FL, GA, NC and TX. Over 2,300 clients are supported by their office staff and 2,060 field staff. Certified in 2007 by The Joint Commission on Accreditation of Healthcare Organizations, Crdentia serves all segments of healthcare industry from hospital nursing, home health and travel nursing, allied health and locum tenens (physician) staffing. With an $11.4 billion healthcare staffing market, including 73% of companies with revenue under $50 million per year, Crdentia is one of the larger staffing companies. The company…

MondayNov 19, 2007 5:47 pm

Crdentia Corp. (CRDT.OB) – The Healthcare Boom

As an investor, one of the first topics one might explore about a new idea is the growth rate. This is vitally important since a company or business segment with slow or no growth prospects is often a poor choice for investment dollars. This is why the healthcare industry is so very attractive to such a wide audience of investors. The growth rates are indeed spectacular. The Baby boom generation that swept America through its greatest changes is now aging. Tens of millions of aging "boomers" are now seeking out new and innovative ways to not only live healthier, but…

MondayNov 19, 2007 8:09 am

Leading Healthcare Staffing Company Crdentia Corp (CRDT.OB) Announces Addition of Amy Disney to Upper Management

Crdentia Corp. has decided to put Amy Disney in charge of their newly acquired Birmingham, Alabama market. She comes to them from MPHS, another major healthcare staffing company that Crdentia acquired last month. With Crdentia’s intention to further solidify its hold on the Sun Belt market, this acquisition allows them to leverage its corporate infrastructure to become more profitable in ongoing operations. Disney is to report directly to Crdentia CEO John Kaiser. Beginning her career as a nurse Ms. Disney brings many years of industry specific experience to Crdetia Corp. Before joining Crdentia’s team she was the Vice President of…

ThursdayNov 15, 2007 8:17 am

Crdentia Corp. (CRDT.OB) Announces Final Closing of Equity Financing

Crdentia announced that it has completed the second and final closing of its private placement equity offering which brought the total capital raised to $6,000,000. The financing will be used as working capital and for strategic initiatives, in addition to financing the Company’s recent acquisitions of ATS Health Services and Medical People Healthcare Services, Inc. John Kaiser, CEO, stated, “I am pleased to announce the completion of this additional equity financing, which enables us to pursue our strategic growth plans of establishing Crdentia as a leading full-service supplier of healthcare staffing throughout the Sun Belt region. He concluded, “The capital raised helped…

ThursdayNov 15, 2007 6:37 am

Crdentia Corp. (CRDT.OB) Acquires a Leading Provider of Temporary Nursing and Allied Health Staff

Crdentia announced before the morning bell that it has completed the acquisition of Medical People Healthcare Services, Inc. The company is a leading provider of temporary nursing and allied health staff to nursing homes, hospitals and other healthcare amenities in the state of Alabama. Approximately 65% of Medical’s revenues come from healthcare staffing in the nursing home segment, while the remaining revenues generate from services to local hospitals and other healthcare facilities. The acquisition is anticipated to be accretive to Crdentia without delay. John Kaiser, CEO of Crdentia stated, “I am very pleased that we have completed the acquisition of…

WednesdayNov 14, 2007 4:32 pm

Crdentia Corp (CRDT.OB) – Trust A Nurse

A company in an interesting sector that could benefit from the age old theory of supply and demand is Crdentia Corporation (CRDE). "Crdentia is the latin word for trust," said CEO Jim Durham when asked about the peculiar spelling of the company's name. The demand for nurses is exponentially rising as the supply of qualified nurses dwindles everyday. There's a critical shortage of this occupation in the US and the retirement of the "baby boomers" is not helping the situation. Also hindering the supply is the fact that many schools are limited because of the number of the lack of…

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