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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    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(f) of the Investment Company Act of 1940

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

--------------------------------------------------------------------------------
1.   Name and Address of Reporting Person*

     Hensel                         Emil
--------------------------------------------------------------------------------
     (Last)                         (First)             (Middle)

     2538 NW 64th Street
--------------------------------------------------------------------------------
                                    (Street)

     Boca Raton                     FL                   33496
--------------------------------------------------------------------------------
     (City)                         (State)              (Zip)

--------------------------------------------------------------------------------
2.   Issuer Name and Ticker or Trading Symbol

     Cross Country, Inc. (CCRN)

--------------------------------------------------------------------------------
3.   IRS Identification Number of Reporting Person, if an entity (Voluntary)

     
--------------------------------------------------------------------------------
4.   Statement for Month/Year

     August 2002
--------------------------------------------------------------------------------
5.   If Amendment, Date of Original (Month/Year)

--------------------------------------------------------------------------------
6.   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

--------------------------------------------------------------------------------
7.   Individual or Joint/Group Filing (Check Applicable Line)

     [X]  Form filed by One Reporting Person
     [ ]  Form filed by More than One Reporting Person

================================================================================

================================================================================
           TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
                             OR BENEFICIALLY OWNED
================================================================================

<TABLE>
<CAPTION>
                                                                                                   6.
                                                    4.                              5.             Owner-
                                                    Securities Acquired (A)         Amount of      ship
                                       3.           or Disposed of (D)              Securities     Form:      7.
                         2.            Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct     Nature of
                         Transaction   Code         --------------------------      Owned at End   (D) or     Indirect
1.                       Date          (Instr. 8)              (A)                  of Month       Indirect   Beneficial
Title of Security        (Month/       -----------   Amount     or     Price        (Instr. 3      (I)        Ownership
(Instr. 3)               Day/Year)     Code    V               (D)                  and 4)         (Instr.4)  (Instr. 4)
-----------------------------------------------------------------------------------------------------------------------------------
<S>                      <C>           <C>     <C>   <C>       <C>     <C>          <C>              <C>      <C>

Common Stock             8/22/02       X             7,000     A       7.75         51,059           D
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                    42,349           I        By wife
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                     7,452           I        By son (1)
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                     7,452           I        By son (1)
-----------------------------------------------------------------------------------------------------------------------------------
                                                                                     7,453           I        By daugther
-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>


Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.

*    If the Form is filed by more than one  reporting  person,  see  Instruction
     5(b)(v).

Potential persons who are to respond to the collection of information  contained
in this form are not  required to respond  unless the form  displays a currently
valid OMB control number.


                                                                      (Over)
                                                             SEC 1474 (3-99)


<PAGE>

FORM 4 (CONTINUED)

            TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
                              OR BENEFICIALLY OWNED
         (e.g., puts, calls, warrants, options, convertible securities)
================================================================================

<TABLE>
<CAPTION>
                                                                                                                    10.     
                                                                                                          9.        Owner-  
                                                                                                          Number    ship    
                                                                                                          of        Form
              2.                                                                                          Deriv-    of     
              Conver-                         5.                               7.                         ative     Deriv-   11.    
              sion                            Number of                        Title and Amount           Secur-    ative    Nature 
              or                              Derivative    6.                 of Underlying     8.       ities     Secur-   of     
              Exer-                  4.       Securities    Date               Securities        Price    Bene-     ity:     In-    
              cise          3.       Trans-   Acquired (A)  Exercisable and    (Instr. 3 and 4)  of       ficially  Direct   direct 
              Price         Trans-   action   or Disposed   Expiration Date    ----------------  Deriv-   Owned     (D) or   Bene-  
1.            of            action   Code     of(D)         (Month/Day/Year)            Amount   ative    at end    In-      ficial 
Title of      Deriv-        Date     (Instr.  (Instr. 3,    ----------------            or       Secur-   of        direct   Owner- 
Derivative    ative         (Month/  8)       4 and 5)      Date     Expira-            Number   ity      Month     (I)      ship   
Security      Secur-        Day/     ------   ------------  Exer-    tion               of       (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)    ity           Year)    Code V   (A)   (D)     cisable  Date      Title    Shares   5)       4)        4)       4)
------------------------------------------------------------------------------------------------------------------------------------
<S>           <C>           <C>      <C>  <C> <C>   <C>     <C>      <C>       <C>      <C>      <C>      <C>       <C>      <C>


Employee      Exercise      8/22/02  X              7,000   (2)      12/16/09  Common   7,000    7.75(3)  403,155   D
Stock                                                                          Stock           
Option 
(right      
to buy)     
------------------------------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>

Explanation of Responses:

(1) Mr.  Hensel's two sons are adult and as a result,  he  disclaims  beneficial
ownership of these shares.

(2) The option is subject to the vesting  schedule  set forth in the Amended and
Restated  Cross  Country,  Inc. 1999 Equity  Participation  Plan.  The option is
immediately  exercisable as to 256,347 shares. The option will be exercisable as
to 307,617  shares as of December 16, 2002,  358,885  shares as of June 16, 2003
and 410,155 shares as of December 16, 2003. After this  transaction,  the option
is  immediately  exercisable  as to  249,347  shares  and  the  option  will  be
exercisable as to 300,617  shares as of December 16, 2002,  351,885 shares as of
June 16, 2003 and 403,155 shares as of December 16, 2003.

(3)  Pursuant  to the Amended  and  Restated  Cross  Country,  Inc.  1999 Equity
Participation  Plan,  the first tranche of 73,396 shares will be  exercisable at
$7.75 per share,  the second  tranche of 138,157  shares will be  exercisable at
$11.62 per share,  the third tranche of 138,157  shares will be  exercisable  at
$15.50 per share,  the fourth  tranche of 30,222 shares will be  exercisable  at
$19.37 per share and the remaining  tranche of 30,223 shares will be exercisable
at $23.25 per share. After this transaction the first tranche will be reduced by
7,000 shares to 66,396  shares,  which shares will be  exercisable  at $7.75 per
share and the remainder of the tranches will be  exercisable  in the amounts and
at the prices described above.


Emil Hensel


/s/ Emil Hensel                                                       8/23/02
----------------------------                                          ---------
**Signature of Reporting Person                                       Date


**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.

  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.   
       If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information  contained
in this form are not  required to respond  unless the form  displays a currently
valid OMB Number.