HealthcareSource Continues Growth With Move of Corporate Headquarters to Woburn, Massachusetts

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HealthcareSource®, the leading provider of talent management solutions for the healthcare industry, today announced that it has completed its move to TradeCenter 128, the year-old facility on Route 128/95 in Woburn, Massachusetts.

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It is a leader in its industry and a fantastic addition to our facility. We hope that our building provides the right environment, space, and amenities to help HealthcareSource continue its phenomenal growth.

HealthcareSource®, the leading provider of talent management solutions for the healthcare industry, today announced that it has completed its move to Woburn, Massachusetts. Previously based in Winchester, Massachusetts, the Company’s corporate headquarters are now located at the new landmark TradeCenter 128 complex on Route 128/95.

To accommodate its growth, as demonstrated by its revenue increasing more than 40 percent from the first half of 2008 to the same period in 2009, HealthcareSource relocated to a new 10,000-square foot space in Woburn. With its headquarters in an ideal location near major highways and public transportation, the Company is well-situated to attract and retain a talented workforce and expand its number of healthcare performance management and healthcare recruiting customers. Currently, HealthcareSource expects to hire nine additional people in 2009, bringing its total number of employees to 77 by the end of this year. The Company also lists a customer base of more than 1,000 hospitals in 49 states.

“With a world-class building located in the heart of Massachusetts technology and innovation, we are well-positioned to continue our substantial growth,” said Peter Segall, CEO of HealthcareSource. “Our move to Woburn marks a significant milestone for HealthcareSource and helps us provide our current and future employees with top-notch amenities to maintain and improve job satisfaction. In addition, the facility will help foster team collaboration and employee engagement, which are key aspects in our product development cycle and continuing to meet the needs of our customers.”

Leased and managed by Cummings Properties, TradeCenter 128’s (http://www.tradecenter128.com) amenities include restaurants, banking, a health club, day spa, and children's daycare. In addition, the building was LEED (Leadership in Energy and Environmental Design) Gold pre-certified by the United States Green Building Council.

"We’re pleased to welcome HealthcareSource to TradeCenter 128,” said Dennis Clarke, president and CEO of Cummings Properties. “It is a leader in its industry and a fantastic addition to our facility. We hope that our building provides the right environment, space, and amenities to help HealthcareSource continue its phenomenal growth.”

About HealthcareSource
With more than 1,000 hospital customers, 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 performance management, onboarding, applicant tracking, 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 http://www.healthcaresource.com or call (800) 869-5200.

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

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Michael DiPietro
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