Thursday, June 3, 2010

MCTH could breakout of range any day !!!

MCTH has several things going on that could make them explosive this year.

1. A pending acquisition that could add millions to their revenue!

On March 12, 2010, MCTH and Trustaff Management, Inc. entered into a definitive agreement to acquire all of the issued and outstanding capital stock of Trustaff Management, Inc., an Ohio based corporation and its five wholly-owned limited liability companies.

MCTH commented on the attributes of its pending acquisition of Trustaff Management, Inc.

“The potential of combining our two operations is substantial,” said Anthony Nicolosi, President of MCTH.

"The opportunities to deliver quality healthcare staffing services to our many clients and candidates nationwide will expand. In addition, we should realize significant cost savings once the operating platforms are combined.”

MCTH President Anthony Nicolosi stated, "A significant amount of audit work has been done at Trustaff. The audit of 2008 is completed and 2009 is close to completion. As the completion of these audits is required prior to this transaction being finalized, we are very pleased to make note of the progress being made."

2. A social media campaign as well as an iPhone App!

MCTH President Anthony Nicolosi commented, "It is the new iPhone app that really excites all of us. This free app will allow iPhone users to instantly search through our national database of up to 10,000 healthcare jobs any time, anywhere. We believe we are the first healthcare staffing company to create an iPhone app, so we feel confident that this will be a valuable tool for our candidates and clients.”

3. The rising growth of Baby Boomers making the need for healthcare even more substantial!

We can't stop ourselves from aging and unfortunately as we age our health starts to diminish.

This creates a huge market for the healthcare sector as patients are their number one customer.

According to the U.S. Census Bureau, the United States population will increase 12% by 2020.

Beginning 2012, a rapid increase in the elderly population will lead to dramatic demographic changes.

This is only two years from now!

Between 2012 and 2020, the population younger than age 65 will maintain an annual growth of 9 percent, while the population age 65 and older is projected to grow by about 50 percent!

This will lead to a significant increase in the number of people in need of healthcare!

MCTH could see a great demand for their services as their business is to identify, select and place the industry’s most talented healthcare specialists, nurses, pharmacists, physicians and hospital management executives.

The medical staffing industry has seen tremendous growth!


In one year alone the staffing industry revenues totaled $94.8 billion, a growth of 16% from 2005 to 2006!

MCTH has also noted that from 1996 to 2006 the medical staffing industry saw increased revenues of 100% from $5.3 billion to $10.6 billion!

For more information on MCTH, visit their website at: http://www.mcthcorporate.com/

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