The payout — a little under USD 2m after attorney fees — will be split among several overlapping groups of nearly 1,500 healthcare interpreters who worked between 2018 and 2022.
The translation and interpreting division — formerly Stratus Video — carries the Technology and Workforce Solutions segment with USD 66m revenue, up 20% over the previous year.
Since AMN Healthcare’s acquisition of Stratus Video in February 2020, Language Services has reportedly doubled revenues; division's Q4 2022 earnings up 23% year over year.
AMN Language Services, formerly interpreting provider Stratus Video, reports solid growth in AMN Healthcare’s Q3 FY22 results.
Stratus Video parent company, AMN Healthcare, hits record highs for consolidated revenue (USD 1.55bn) and adjusted EBITDA (USD 258m); repurchases 2.3 million shares of stock.
Increased demand from new and existing clients propel remote interpreting provider Stratus Video’s “great growth” — and segment’s highest-ever quarterly revenue of USD 117m.
As AMN Healthcare celebrates 20th anniversary of its IPO, AMN Language Services (a.k.a. Stratus) contributes to record revenue for Technology & Workforce Solutions segment.
AMN Healthcare reports record revenues, including USD 41m from Stratus, now AMN Language Services. Remote interpreters may start using Synzi platform, acquired in April 2021.
Study published in peer-reviewed medical journal says Google Translate, despite achieving high accuracy in two languages, is still not ready for use in emergencies.
Why do remote interpretation volumes at Stratus Video continue to grow? AMN Healthcare answers in earnings call following Q4 and FY 2020 financial filing; hints at future M&A plans.
Ten months into the pandemic in the US, AMN describes as good value its March 2020 acquisition of video remote interpreting provider Stratus as annual EBITDA jumps to USD 39m.
Much of the industry flourished despite Covid, proving just how essential it is to commerce. Here are the most popular stories of a year that redefined life and work in the global language industry.
AMN Healthcare executives and Stratus Video COO discuss secular trends driving adoption of video remote interpreting and the rationale for AMNs’s acquisition of Stratus.
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