MSN Warns Investors
As reported by Jason Lander, the Staffing Robot, Medical Staffing Network (MSN) has warned investors that “it could file for Chapter 11 in bankruptcy court to fend off its lenders”.
MSN operates a managed service program (MSP) called One Source that acts as a gateway for staffing vendors servicing its hospital and clinic clients. With the dark cloud bankruptcy looming, the Robot suggests that staffing companies working through One Source take precautions like verifying amount due them are kept in escrow accounts.
Rebranding News
The Robot also reports on some rebranding news in the staffing and workforce management space. He reports that AMN got it right in rebranding itself AMN Healthcare while the jury is out on contingent workforce management (VMS) player Broadlane’s rebranding as Prolucent. I agree with him on Prolucent. I can’t think of that word without first stopping at truculent, postulant and corpulent. Finally, Robot reports on the misspelling gaffe of recently rebranded Concerro – what a difference an ‘r’ makes!
