Prophecy Healthcare Inc ® Reports 2011 Financials and Leadership Promotions

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Prophecy Healthcare Inc ®, the leading provider of pre-employment assessment and employee selection technology in the healthcare industry, today announced strong financial results for year ending 2011, as the launch and adoption of its core product, Prophecy® Assessments, is introduced into the acute care space.

Validated, On-line Pre-Employment Healthcare Screening Assessments

Ensuring a commitment to provide exceptional patient care.

We are now offering a service proven to positively affect a hospital's bottom line while increasing the level of safe, effective patient care provided. Two goals...of Prophecy's corporate mission." -Eric Gonzalez, President.

Prophecy Healthcare Inc ®, the leading provider of pre-employment assessment and employee selection technology in the healthcare industry, today announced strong financial results for year ending 2011, as the launch and adoption of its core product, Prophecy® Assessments, is introduced into the acute care space.

“2011 was a turnaround year for us. As many companies were negatively affected by the economic downturn, we took 2009 and 2010 as restructuring years, focusing on streamlining our workforce and completing the important research that drives our products. That focus paid off big in 2011 with record growth in Gross Revenue and Net Operating Income. The successful implementation of Prophecy’ system into a major hospital system in the west was a highlight of the year as it demonstrated Prophecy was created with both the small and enterprise level clients in mind.” Ronald Gonzalez, Founder and CEO of Prophecy.

With the increase in business activity, Prophecy also made some changes to leadership that will help manage growth. Eric Gonzalez, Chief Operating Officer, was named President. "Eric's insight into our business helps us create operational efficiencies that help streamline costs and capitalize on opportunity. He has a pulse on the financial infrastructure of our business that allows us to make smart decisions with our resources," Ron commented.

When asked to comment on his vision for the new role, Eric commented, "Our team's hard work is starting to be realized in many ways and I couldn't be more excited about the future for Prophecy Healthcare. We are now offering a service proven to positively affect a hospital’s bottom line while increasing the level of safe, effective patient care provided. Two goals that make up the core of Prophecy’s corporate mission."

Chris Carrington was promoted to Chief Clinical Officer. Chris brings vast management experience to this role and will be in charge of the Clinical Team's content and validation projects, as well as the Consulting and Research arm. Ron stated, “Chris' firm approach to accountability and excellence make her the right fit for her new role."

"I am thrilled to be leading such a talented group of individuals on Prophecy’s Clinical Validation Team. With a team comprised of healthcare experienced professionals, I look forward to opportunities to truly impact our clients as we enhance our consulting services to include onsite training, best practice implementation and research," said Chris.

Prophecy Healthcare continues to invest in research, content development, and sales efforts, as we strategically align with partners who's synergistic vision help product distribution.

About Prophecy Healthcare ®

Originally founded in 2004 as NurseTesting.com, Prophecy Healthcare® got its start as the first online Pre-Employment Testing Company exclusive to the Healthcare Industry. Initially focusing solely on clinical assessments measuring clinical competencies, efforts to exceed industry expectations led to isolating critical competencies missed in traditional testing initiatives, such as stress tolerance, critical thinking, and teamwork skills. The Prophecy approach offers the ability to find candidates with the clinical hard skills, personality attributes, and desired soft skills to match each organization. For more information about Prophecy, visit http://www.prophecyhealth.com or call 336.802.1070.

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Meredith Juengel
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