FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * HENSEL EMIL   2. Issuer Name and Ticker or Trading Symbol CROSS COUNTRY HEALTHCARE INC [CCRN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 2538 NW 64TH BLVD 3. Date of Earliest Transaction (Month/Day/Year) 12/27/2006 (Street) BOCA RATON, FL 33496 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 12/27/2006   M(1)   19,522 A $ 7.75 20,455 (4) D   Common Stock 12/27/2006   M(1)   15,105 A $ 11.62 20,455 (4) D   Common Stock 12/27/2006   S(1)   34,627 D $ 22.21 (2) 20,455 (4) D   Common Stock 12/28/2006   M   11,500 A $ 7.75 20,455 (4) D   Common Stock 12/28/2006   G(3)   2,700 D $ 0 82,227 (4) I By wife Common Stock 12/28/2006   G(3)   900 A $ 0 13,592 (4) I By daughter

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 7.75

12/27/2006

M(1)

19,522

(5)

12/16/2009

Common Stock

19,522

$ 0

16,874 (6) (7)

D

Employee Stock Option (Right to Buy)

$ 11.62

12/27/2006

M(1)

15,105

(5)

12/16/2009

Common Stock

15,105

$ 0

123,052 (7)

D

Employee Stock Option (Right to Buy)

$ 7.75

12/28/2006

M

11,500

(5)

12/16/2009

Common Stock

11,500

$ 0

16,874 (6) (7)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HENSEL EMIL 2538 NW 64TH BLVD BOCA RATON, FL 33496	X		Chief Financial Officer

Signatures

/s/ Emil Hensel		12/29/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The stock sales reported in this Form 4 and the option exercises indicated with footnote (1) reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2006.
(2)	The sales were completed at an average price of $22.21 per share, all within a range of $21.71-$22.75.
(3)	This transaction involves Mr. Hensel's wife gifting 900 shares to Mr. and Mrs. Hensel's daughter and to each of their two sons.
(4)	Following the effect of each of the transactions reported by this Form 4, 20,455 shares are held by Mr. Hensel directly, 82,227 are held by his wife and 13,592 are held by his daughter. In addition to the shares listed in Column 5 of Table I, 13,373 are held by each of his two sons. Mr. Hensel's two sons are adults and as a result, he disclaims beneficial ownership of these shares. Mr. Hensel's daughter is a college student and does not reside in Mr. Hensel's household. Her share ownership is reported in Table I.
(5)	The options are fully vested.
(6)	Following the option exercises reported in row 1 and row 3 of Table II, Mr. Hensel has 16,874 options that expire December 16, 2009 to purchase Common Stock of the Company at an exercise price of $7.75 per share.
(7)	In addition, Mr. Hensel has 236,602 options to purchase Common Stock of the Company with different exercise prices from any of the options reported in Table II.

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