HealthcareSource Continues Momentum with Record Second Quarter

Woburn, Mass — August 3, 2011 — HealthcareSource®, a leading provider of talent management software solutions for the healthcare industry, today announced record bookings for the second quarter which ended June 30, 2011 as the adoption of its suite of products, Position Manager®, Performance Manager®, TestSource®, Physician Recruitment Manager®, and Interview ManagerSM, continues to be strong.

“With our strong second quarter and start to 2011, we believe that we are in the early stages of realizing investments we have made in sales, marketing and product development. With the growing importance for the healthcare industry to acquire, retain, assess and develop quality talent, we continue to see significant growth across all of our product lines. In June, our company attained a significant milestone as we have processed over 50 million job applicants online through Position Manager, HealthcareSource’s applicant tracking product,” said Peter Segall, President and CEO of HealthcareSource.

Segall continued, “Our investments in product development resulted in a number of new product releases during the second quarter, including Position Manager version 10.6.6, Performance Manager version 3.7 and a new module for TestSource, called Screen for FitSM, which allows clients to quickly identify best qualified applicants from large applicant pools.”

During the second quarter of 2011, HealthcareSource added a number of new hospital clients, including regional health centers and large enterprise health delivery systems. New clients and clients who expanded their relationship with HealthcareSource include: Baptist Health, Behavioral Center of Michigan, Beth Abraham Family of Health Services, Calvert Memorial Hospital, Carson City Hospital, Cheshire Medical Center, Chester County Hospital, Floyd Medical Center, Madonna Rehabilitation Hospital, MedStar Health Inc., Methodist Hospital of Southern California, Methodist Medical Center of Illinois, Mid America Clinical Laboratories, MidMichigan Medical Center, Munson Healthcare, Oconee Medical Center, OSF Healthcare, Parma Community General Hospital, Poudre Valley Health System, Riverview Hospital, St. Anthony’s Medical Center, St. John Health System, St. John’s Hospital, St. Vincent’s Health System, Vanguard Health Services, VCU – Virginia Commonwealth University Health System, White Plains Hospital, and Wyoming Medical Center.

What HealthcareSource Clients Are Saying

Bon Secours Health System

Headquartered in Marriottsville, Maryland, Bon Secours Health System is a $2.9 billion not-for-profit Catholic health system with more than 21,000 employees.

“Since 2007, when we chose HealthcareSource as the solution to standardize our recruiting process enterprise wide, HealthcareSource Position Manager is now used by over 100 HR users and thousands of hiring managers across all Bon Secours facilities,” said Seth Lee, VP of Talent Acquisition, Bon Secours Health System. “Going forward, as we’ve recently begun to deploy HealthcareSource Physician Recruitment Manager, we’re focusing on a transition from reliance on retained search to a centralized `in-house’ acquisition department in order to effectively source and hire for hard-to-fill positions such as surgeons, primary care physicians and hospital executives.”

Good Shepherd Medical Center

A community hospital based in Longview, Texas, Good Shepherd Medical Center has served as the leading healthcare provider for the Northeast Texas region for more than 75 years.

“As soon as we began using TestSource from HealthcareSource, we saw improvements in our interviewing process. The system helped to quickly identify weaknesses that could be further evaluated during the interview process,” said Sandie Ferrigno, Vice President of Human Resources, Good Shepherd Medical Center.

Helping track and improve how hospitals reduce costs, improve patient satisfaction and safety

In addition to its sales momentum, HealthcareSource continued its place as a thought leader in healthcare talent management. From May 1 through June 30, 2011, HealthcareSource and the American Society for Healthcare Human Resources Administration jointly conducted the ASHHRA/HealthcareSource 2011 Healthcare Initiatives Survey, an online poll of healthcare professionals on HR initiatives for reducing costs, improving patient satisfaction and patient safety in U.S. healthcare institutions.

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 healthcare organizations source, hire, assess and develop the best workforce possible in order to reduce costs and to improve patient satisfaction and safety. 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.

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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.