PENNSAUKEN, N.J., June 26, 2015 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (Nasdaq:RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced engineering, information technology and specialty health care services, today announced that its Specialty Health Care Division has been awarded a new contract by the Chicago Board of Education to improve the quality of nursing across Chicago Public Schools (CPS) and increase nurse support. CPS serves 396,000 students in 664 schools. It is the nation’s third-largest school district.
Under a four-year, $30 million contract, RCM will manage hiring, staffing and training of nurses for CPS as its exclusive vendor for nursing services. CPS has the option to renew the contract for an additional two years after the initial term.
“RCM will partner with the Chicago Public Schools and the outstanding nurses who are CPS staff employees to provide additional highly qualified school nurses,” said Andrew Hay, Director of School Nursing Operations for RCM Health Care Services.
RCM Health Care Services was selected from a pool of 11 applicants after an extremely competitive RFP process based upon its ability to address three key issues: efficient scheduling of nurses, professional development opportunities, and staffing vacancies. RCM will use its best practices gained from their other school nursing contracts to offer CPS a more cost-effective and demand-driven model for hiring nurses. With schools experiencing nursing shortages, RCM will also work with CPS to recruit highly qualified nurses so the district can hire more permanent school nurses.
Marc Chafetz, Vice President of RCM’s Specialty Health Care Division, said, “With additional school nurses available to supplement the CPS School Health Staff, CPS can help ensure that Chicago students who need a nurse get the care they deserve. RCM’s commitment to service and excellence will be underscored by efforts to make sure parents and students know about the health services that are available to them through community outreach, education and communication.”
RCM has demonstrated extensive experience providing nursing services to students with special needs, and believes that there is a link between quality nursing services and academic achievement. For more than 25 years, RCM has specialized in school services, and works with school districts in Hawaii, New York City and Philadelphia and other municipalities across the United States. By working with school staff and families, RCM has consistently delivered positive student outcomes through individualized nursing care.
RCM will provide approximately 170 nurses to CPS. RCM’s nurses will supplement the over 200 nurses currently employed by the district.
Michael Saks, Senior Vice President of RCM, said, “By having RCM manage the credentialing and professional development for both CPS and RCM nurses, we can ensure that the care provided meets the highest standards and that caregivers are up to date on required credentials and training. CPS’ highly trained nurses will be able to focus on providing care to the children of the Chicago Public Schools rather than on clerical responsibilities. RCM looks forward to working closely with nurses at CPS to gain suggestions for training programs and insight on clinical professional development areas that would be beneficial to the nurses and students.”
About RCM Health Care Services
RCM Health Care Services, a division of RCM Technologies, established in 1975 is a leading health care staffing company in the USA. RCM provides exceptional health care personnel to hundreds of facilities across the country. RCM has provided competent, high-quality healthcare that is a priority for the demanding daily operations of our school districts for nearly three decades. RCM is a leading provider of nursing services to school districts and currently provides care to over 1,000 children in 35 school districts across the nation, including four of the top ten largest school districts in the country. For more information, visit www.rcmhealthcare.com.
The Statements contained in this release that are not purely historical are forward-looking statements within the Private Securities Litigation Reform Act of 1995 and are subject to various risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These statements often include words such as “may,” “will,” “expect,” “anticipate,” “continue,” “estimate,” “project,” “intend,” “believe,” “plan,” “seek,” “could,” “can,” “should” or similar expressions. In addition, statements that are not historical should also be considered forward-looking statements. These statements are based on assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in these circumstances. Forward-looking statements include, but are not limited to, those relating to demand for the Company’s services, expectations regarding our future revenues and other financial results, our pipeline and potential project wins and our expectations for growth in our business. Such statements are based on current expectations that involve a number of known and unknown risks, uncertainties and other factors, which may cause actual events to be materially different from those expressed or implied by such forward-looking statements. Risk, uncertainties and other factors may emerge from time to time that could cause the Company’s actual results to differ from those indicated by the forward-looking statements. Investors are directed to consider such risks, uncertainties and other factors described in documents filed by the Company with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company assumes no obligation (and expressly disclaims any such obligation) to update any forward-looking statements contained in this release as a result of new information or future events or developments, except as may be required by law.
RCM Technologies, Inc.
2500 McClellan Avenue
Pennsauken, NJ 08109
Tel: 856.356.4500
Fax: 856.356.4600
info@rcmt.com
www.rcmt.com
Corporate Contacts:
Rocco Campanelli
President & CEO
Kevin D. Miller
Chief Financial Officer