HealthcareSource Ranked Among Fastest Growing Companies in North America on Deloitte’s 2013 Technology Fast 500™
Attributes 177 percent revenue growth to the need for talent management solutions designed for healthcare organizations
Woburn, MA – November 19, 2013 – HealthcareSource®, the leading provider of talent management solutions for the healthcare industry, today announced it ranked number 417 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. HealthcareSource grew 177 percent from 2008 to 2012.
“The entire team at HealthcareSource is proud to be named among the top 500 fastest growing companies in North America, and I congratulate every HealthcareSource employee for their contribution to this achievement,” said Peter Segall, president and CEO of HealthcareSource. “As the healthcare industry continues to evolve, healthcare organizations need to attract, hire and retain the best employees, and because we’re 100% dedicated to serving the talent management needs of healthcare organizations, the company’s performance reinforces the value our clients achieve with HealthcareSource solutions.”
Designed specifically for the healthcare industry, HealthcareSource solutions help organizations acquire, develop and retain the best workforce possible in order to reduce costs and improve patient satisfaction and safety. HealthcareSource understands the healthcare environment, including the importance of delivering quality care with a constrained budget, the need for employee engagement and development, challenges brought by The Joint Commission, the relevance of HCAHPS and other industry concerns.
Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.
About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
With more than 2,000 healthcare clients, HealthcareSource is the leading provider of talent management software for the healthcare industry. The HealthcareSource Quality Talent SuiteSM helps healthcare organizations acquire, develop and retain the best workforce possible, in order to improve the patient and resident experience. The company’s cloud-based talent management solutions include applicant tracking, behavioral assessments, reference checking, employee performance, compensation, competency and learning management and eLearning courseware. A private company 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 recognition from Modern Healthcare’s “Healthcare’s Hottest,” Inc. 500|5000, and Deloitte Technology Fast 500. To learn more about the benefits of automated talent management visit: www.healthcaresource.com.