HealthcareSource and Lean Human Capital Partner to Provide Healthcare Recruitment Benchmarking and Best Practices

Woburn, Mass — March 30, 2011 — HealthcareSource®, the leader in talent management software for the healthcare industry, and Lean Human Capital, a leading recruitment consulting firm, today announced they have created a partnership to help joint clients achieve a lean, just-in-time recruitment environment.

The partnership will make it easy for clients (hospitals and other healthcare facilities) to leverage their existing recruiting metrics and data and benchmark it against healthcare best practices.

HealthcareSource and Lean Human Capital also announced plans to collaborate on a number of projects to help healthcare providers have visibility into their recruiting performance against industry benchmarks, as well as services and education to help improve their performance.

HealthcareSource will provide client-specific data feeds from its Position Manager® software to Lean Human Capital at no charge to the client. This data will be used by Lean Human Capital to compare actual recruiting performance against industry benchmarks. The benchmark was the result of study done in partnership with The National Association for Health Care Recruitment (NAHCR), to identify relevant, actionable benchmark data on critical aspects of staffing performance in healthcare. Benchmark data includes key business metrics and processes that are critical to assessing performance with respect to time, cost and quality, alignment with their healthcare organization’s key business objectives. To date, the study represents data from 60 healthcare systems throughout the United States, which in aggregate employ over 450,000 full time employees and process more than 3.25 million applicants annually.

“HealthcareSource Position Manager is used at over 1,000 hospitals and processed over 11,000,000 healthcare employment applications last year. As a result, we have the largest set of data on healthcare recruiting in the industry. We want to help our clients use that data to improve,” said Michael DiPietro, Vice President of Marketing and Product Management at HealthcareSource. “It starts with looking at the data the right way, comparing against benchmarks and then tackling issues. This partnership helps us make this easier for our clients — HealthcareSource provides the data, Lean Human Capital provides the benchmarks and process improvement expertise.”

“When we conducted the first Lean Human Capital benchmark, 38% of the participating healthcare facilities used HealthcareSource Position Manager and the next nearest vendor had only 13%. So it was natural for us to partner with HealthcareSource,” said David Szary, Founder and Managing Partner of Lean Human Capital. “Position Manager clients are progressive in nature and with the richness of the data they have, most want to take that next step to excellence by understanding what the data tells them. This is where the partnership helps our mutual clients”.

“Both HealthcareSource and Lean Human Capital are respected Institutional Members of NAHCR and in the healthcare recruitment community,” said Dennis Yee, President of The National Association for Health Care Recruitment (NAHCR). “They are both NAHCR Business Partners and we are thrilled that they are working together to make the NAHCR/Lean Human Capital Healthcare Recruitment Benchmark Study even more robust and impactful for our members and the healthcare recruitment community.”

About Lean Human Capital
Lean Human Capital delivers a radical approach to Analysis, Process Optimization, and Continuous Improvement to your staffing function. By rationalizing your staffing supply chain, we help you create a proactive, efficient hiring strategy that will dramatically reduce time-to-fill and vacancy rates, improve quality and customer satisfaction, and reduce cost and waste. To achieve optimum results, our renowned Recruiter Academy Education & Development Solution provides your staff with “Best-in-Class” methodologies, tools, and techniques required to deliver a lean, just-in-time recruitment solution and create a culture passionate about continuous improvement and life-learning. For more information visit our website www.leanhumancapital.com or email: info(at)leanhumancapital.com.

About HealthcareSource

With over 1,500 healthcare facilities as clients, — HealthcareSource® is the leading provider of talent management software for the healthcare industry. Through its software-as-a-service solutions, HealthcareSource helps hospitals acquire, develop, and retain the best workforce possible in order to maximize the quality and efficiency of patient care. The company’s talent management solutions include applicant tracking, onboarding, performance management, behavioral assessments, physician recruiting, video interviewing, and a leading healthcare job board. A private corporation, HealthcareSource focuses exclusively on the healthcare industry and consistently earns high marks for client satisfaction and retention. For more information visit www.healthcaresource.com, call 800.869.5200, or email: solutions(at)healthcaresource.com.

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This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.