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02.08AMN Healthcare Service Acquires RX Pro Health and Pharmacy Choice

ASAN DIEGO – May 21, 2007 – AMN Healthcare Services, Inc. (NYSE: AHS), the nation’s largest healthcare staffing company, is pleased to announce the acquisition of Rx Pro Health, Inc. and Pharmacy Choice, Inc. (“Rx Pro Health”), leading providers of pharmacy staffing, workforce technology solutions, and on-line educational services for hospital-based and retail pharmacies and pharmaceutical companies. The total cash consideration of up to $17.3 million consists of an initial purchase payment and potential additional earn-out payments through 2009. The company expects to finance the acquisition using cash on hand.

"Rx Pro Health is an innovator and leader in the pharmacy staffing industry and its addition to the AMN organization fits perfectly into our strategy of continuing to offer the most comprehensive clinical staffing solutions to our clients," said Susan Nowakowski, President and CEO of AMN Healthcare. "The founders, Stephen Croke and Richard Barnhart, and the entire team at Rx Pro Health are very entrepreneurial and we share similar values and a passionate commitment to providing innovative staffing solutions and best-in class service to all we serve.”

"Our industry leading Web portal and job board have played a vital role in changing the way that leading pharmacy and pharmaceutical companies recruit, staff and train pharmacists, pharmacy directors, students, technicians, and other healthcare professionals," said Stephen Croke, President and co-founder of Rx Pro Health. "I'm confident that with this combination we'll have the flexibility and resources needed to continue our innovation and pursue new market opportunities for our company and pharmacist associates."

Rx Pro Health will continue to retain its distinct brand identities and Web portal presence, strengthening and complementing AMN Healthcare’s comprehensive portfolio of healthcare staffing services. Rx Pro Health will continue to be based in Denver, Colorado, and the founders and senior management team are expected to continue to lead and build the company under AMN Healthcare’s nurse and allied healthcare staffing segment. The acquisition is expected to have a neutral effect on the company’s earnings per share in 2007 and to be accretive beginning in 2008.
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