HealthcareSource Delivers Record-Breaking Financial Performance during the First Half of 2013

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Company reports record revenue growth, signs eighty new customers, and expands product penetration in existing client base.

HealthcareSource(R), the leading provider of talent management solutions for the healthcare industry, announced today that it achieved record results in the first half of 2013.

U.S. GAAP revenue grew by more than 30% in the first half of 2013 compared to the same period in 2012. Also during the first half of 2013, HealthcareSource added more than 80 new healthcare organizations to its client list and over 150 existing clients purchased additional products from the company. These results demonstrate the strength of the HealthcareSource Quality Talent Suite(TM) and reinforce the value clients are getting from the company's talent management software solutions.

"The record financial performance and client penetration that HealthcareSource achieved in the first half of 2013 proves that healthcare organizations see tremendous value in adopting solutions that improve employee recruitment, engagement and retention," said Peter Segall, president and CEO of HealthcareSource. "With the breadth and depth of our healthcare-specific talent management suite, we are able to satisfy these needs across the spectrum of talent management requirements, whether they need to improve applicant tracking, performance management, behavioral assessments, competency management or learning.

Hospitals, health systems, long term care and specialty care organizations across the United States select HealthcareSource Position Manager(R), Performance Manager(R), Staff AssessmentSM, Reference AssessmentSM and NetLearning(R) to recruit and retain quality talent.

New customers signed in the first half of 2013 include:
Avalon Health Care, Baptist Medical Center, Cascade Medical Center, Charlotte Hungerford Hospital, Christ Hospital, CHSLI - St. Joseph's Hospital, Davis Memorial Hospital, Fairview Park Hospital, Franciscan St. Francis Health, Fresno Heart & Surgical Hospital, Harrington Memorial Hospital, Harrison Medical Center, Health Partners New England, IHS-Allen Memorial Hospital, Iowa Health Home Care, IHS-Iowa Health Des Moines, IHS-Iowa Health Physicians, Infinity Homecare, IU Health Southern Indiana Physicians, Jackson Hospital & Clinic, Jackson Memorial Hospital, Lake City Medical Center, Mary Greeley Medical Center, MedHealth, MEDSTAR Health (Homecare Group & Physician Group), Meeker Memorial Hospital, Memorial Hospital Jacksonville, Mercer Health, Mount Sinai Hospital, National Church Residences, NeuroCare Home Health, NICHE- NYU College of Nursing, Northwestern Medical Center, Retirement Unlimited, Inc., Ridgeview Medical Center, Rush University Medical Center, Shriners Hospitals for Children St. Louis, Sonoma Valley Hospital, South Haven Community, Spectrum Retirement, St. Ignatius Nursing Home, St. John's Lutheran Hospital, St. Luke's, Swisher Memorial Hospital, Tallahassee Memorial HealthCare, UnityPoint Clinic, University General Hospital, University of Colorado Hospital, Valley Med Flight, Virginia Baptist Homes, Yale New Haven Health System - Cardiology Associates of New Haven and Yale New Haven Urology Practice, among others.

Additional highlights in the first six months of 2013 include:

About HealthcareSource
With more than 2,000 healthcare clients, HealthcareSource is the leading provider of talent management software for the healthcare industry. The HealthcareSource Suite helps healthcare organizations acquire, develop and retain the best workforce possible in order to reduce costs and improve patient satisfaction and safety. The company's talent management solutions include candidate sourcing, applicant tracking, reference checking, behavioral assessments, onboarding, performance management, learning management and e-Learning courseware. Focused exclusively on the healthcare industry, HealthcareSource consistently earns high marks for client satisfaction and retention. KLAS Research recently named HealthcareSource a category leader for Talent Management for the third consecutive year, in addition to being recognized in the Healthcare Informatics Top 100 and Deloitte Technology Fast 500.

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Rachel Weeks