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HOSPITAL STAFFING SERVICES REPORTS FIRST QUARTER RESULTS

 FORT LAUDERDALE, Fla., April 15 /PRNewswire/ -- Hospital Staffing Services, Inc. (NYSE: HSS) today announced its results for the first quarter ended Feb. 28, 1993.
 Revenue during the first quarter ended Feb. 28, 1993 was $25,971,090, compared to $30,440,523 during first quarter ended Feb. 29, 1992. Net income during the first quarter of fiscal 1993 totaled $120,667, or $.02 per share, compared to net income of $917,860, or $.15 per share, during the same period in fiscal 1992.
 Ronald A. Cass, chairman of Hospital Staffing Services, noted that, as expected, the decrease in revenue during the recently ended first quarter reflects the downsizing of the company's South Florida Medicare operations which began in December 1992. Cass also noted that profitability was affected by increased workers compensation, unemployment and major medical costs, and continuing legal expenses above the amount of normal recurring costs. These additional legal expenses relate to efforts to vacate an arbitration award, and for activities pertaining to the federal investigation of Medicare practices by healthcare providers in South Florida. Profitability was also affected by additional administrative costs necessary to support the company's entrance into the home healthcare management services marketplace.
 Hospital Staffing Services is a leading professional home health care services and recruitment organization. The company specializes in the provision of nursing services to patients at home and in health care institutions through a national network of home health care offices, and in the placement of medical personnel, on a temporary and interim basis, in hospitals and other health care facilities located throughout the United States, the United Kingdom and the Virgin Islands.
 HOSPITAL STAFFING SERVICES, INC.
 For the Three Months Ended
 Feb. 28, 1993 Feb. 29, 1992
 REVENUE $25,971,090 $30,440,523
 INCOME BEFORE TAXES $ 180,667 $ 1,502,102
 PROVISION FOR INCOME TAXES 60,000 584,242
 NET INCOME $ 120,667 $ 917,860
 EARNINGS PER SHARE $ .02 $ .15
 WEIGHTED AVERAGE NUMBER
 OF SHARES OUTSTANDING 5,787,030 5,958,830
 -0- 4/15/93
 /CONTACT: Mary Fanizzi of Hospital Staffing Services, 305-771-0500; or Barry A. Rothman of Greenstone Roberts Public Relations, 305-975-3500, for Hospital Staffing Services/
 (HSS)


CO: Hospital Staffing Services, Inc. ST: Florida IN: HEA SU: ERN

JB-AW -- FL014 -- 6453 04/15/93 16:40 EDT
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Date:Apr 15, 1993
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