US healthcare staffing specialist Cross Country Healthcare has completed the previously announced sale of its education business, Cross Country Education, to PESI for an aggregate purchase price of US$8m (£5.2m), plus potential consideration of $0.5m.

According to a company statement, Cross Country Education provides in-person seminars to healthcare professionals and was “non-core to the company's business”. 

Cross Country Healthcare intends to use the net proceeds from the transaction to finance further investments for revenue growth, including future acquisitions.