HealthcareSource Reports Record Third Quarter

WOBURN, Mass. — October 14, 2010 — HealthcareSource®, the leading provider of talent management software solutions for the healthcare industry, today announced record third quarter results and building adoption for HealthcareSource’s established Position Manager® and Performance Manager® and new Physician Recruitment ManagerSM and Interview ManagerSM solutions.

“Each quarter we continue to deliver solid revenue and growth results,” said Peter Segall, CEO of HealthcareSource. “Our third quarter was no exception as strong market demand for our Position Manager and Performance Manager solutions persisted with the increasing focus healthcare organizations have on talent acquisition and retention. We are also seeing strong interest in our new Physician Recruitment Manager product — a new addition to our portfolio during the quarter through our acquisition of Medearc — as hospitals’ talent acquisition needs extend beyond healthcare staff to the physicians and specialists in such high demand today. We also had a number of sales for Interview Manager, a video interviewing solution we introduced earlier this year.”

HealthcareSource has added a number of new hospital clients, including regional health centers and large enterprise health delivery systems. Clients who purchased Position Manager, Performance Manager, Interview Manager or Physician Recruitment Manager during the third quarter include: Albemarle Hospital, Asante Health System, Ashland Community Hospital, Baptist St. Anthony’s Health System, Bon Secours Health System, Butler Memorial Hospital, Children’s Health System, Eisenhower Medical Center, Gila River Health Care, Glens Falls Hospital, Hannibal Regional Medical Center, Holzer Medical Center, Home Health Visiting Nurses (Maine Health), Methodist Health System, Palmetto Health, Sarah Bush Lincoln Health Center, Southern Ohio Medical Center, St. Francis Medical Center, Swedish American Health System, Trinity Mother Francis , UMass Memorial Health Care, University of Kansas Hospital, Vanguard Health Management, William Backus Hospital, and Yale-New Haven Hospital.

What HealthcareSource Clients are Saying

Baptist St. Anthony’s (BSA) Health System is a comprehensive healthcare system located in Amarillo, Texas and serving the Texas Panhandle and surrounding areas. BSA employs more than 2,700 people and has a medical staff of more than 450 physicians. Nationally acclaimed for its excellent quality, outstanding customer service and advanced technology, BSA has received many prestigious awards, including a patient safety award from HealthGrades, which named BSA one of the nation’s top performing hospitals for patient safety for the 4th year in a row. As a leading regional employer of choice, BSA fields between 800 and 1,000 employment applications a month.

“As the area’s fourth largest employer, we receive a high volume of employment applications every month,” said Cheryl Jones, human resources, BSA. “Before HealthcareSource Position Manager, we devoted most of one full time employee to inputting each application by hand and to manually tracking each application’s status. Now we can eliminate this tedious manual process and give our human resources staff more meaningful work while getting qualified applicants to the hiring managers more quickly. We anticipate that this will improve both our hiring and retention rates and enable us to continue our tradition of outstanding customer service.”

Sarah Bush Lincoln Health Center is a 128-bed, not-for-profit, regional hospital centrally located in East Central Illinois’ Coles County. It is accredited by The Joint Commission and provides a full range of acute care services to residents of Coles County and the surrounding six counties. Home health services extend to the surroundings 19 counties in East Central and Southern Illinois. Active and consulting medical staffs include approximately 145 providers representing 28 specialties. The facility employs about 1,600 area residents and promotes a culture of excellence through continuing personal and professional growth.

“HealthcareSource Performance Manager enables us to have a systematic method of ensuring that our employees understand and meet their performance appraisal goals, maintain their competencies, and engage in learning opportunities,” said Deborah Williams, human resources director, Sarah Bush Lincoln Health Center. “This assures that we are in compliance with The Joint Commission while maintaining excellent patient care and safety through an automated process that our entire organization can easily use.”

About HealthcareSource
With more than 1,000 hospital clients, HealthcareSource is the leader in talent management 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, 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. To learn more, please visit www.healthcaresource.com or call (800) 869-5200.

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