MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

July 31, 2008 08:30 ET

MediSolution Introduces Staff Planning Module for Virtuo Human Capital Management Suite

MONTREAL, QUEBEC--(Marketwire - July 31, 2008) - MediSolution Ltd., (TSX:MSH) today announced the availability of an innovative staff planning module for its Virtuo Human Capital Management (HCM) Suite. The tool is fully compliant with the Quebec government's Gestion previsionnelle de la main-d'ouvre provincial guidelines that require healthcare centers to closely monitor staff movement through a series of staff planning key performance indicators (KPI) and reports.

Understanding staffing and retirement trends has never been more important for healthcare organizations grappling with a changing workforce. Statistics Canada has forecasted that by 2015, population aged 45 to 64 will represent 48% of the working-age population, as compared to 35% today. By 2011, the labour force (as a percentage of the total population) is expected to decline as an increasing number of baby boomers enter retirement creating shortages of skilled and experienced workers.(1)

In March 2008, the Ministere de la Sante et des Services sociaux (MSSS) introduced a new by-law requiring all Quebec based healthcare organizations to implement staff planning metrics and reports to monitor staff movement and determine future staffing requirements over a three year period to ensure adequate actions are taken to meet staffing requirements from anticipated retirements and leaves. Eliminating costly manual interventions, the staff planning solution automates the entire process by extracting key data from any payroll and HR system, importing it into the Virtuo Business Intelligence (BI) system and generating all of the MSSS's required indicators and reports. Customers can leverage the user-friendly web-based interface to monitor the KPI on a real-time basis; identifying trends and analyzing periodical variances.

Leveraging Microsoft's cost-effective BI platform, the staff planning BI solution provides healthcare organizations with the ability to manipulate data and use OLAP cubes to drill down on specific data elements to examine the underlying reasons for certain variances and other analytics highlighted by the KPI and reports.

"Healthcare organizations that have implemented manual solutions are finding it tremendously time consuming to take snapshots of their staffing organizations on an annual or quarterly basis," said Paul Lepage, CEO and President of MediSolution. "We listened to our customers and as a result we have designed an evolving automated staff planning solution that will empower our customers, help them meet and exceed the MSSS requirements and realize estimated costs savings of one full-time resource per year."

Recent customers that have placed orders and are poised to realize significant benefits and cost savings from the staff planning module include Centre Jeunesses des Laurentides, Centre de sante et de services sociaux (CSSS) du Suroit, CSSS de Sorel-Tracy and Hopital Charles-Lemoyne.

About MediSolution

MediSolution (TSX:MSH), a Brookfield Asset Management company, is a leading healthcare and public sector information technology company, providing software, solutions and services to customers across North America. More than 500 hospitals and other healthcare facilities and close to 200 public sector and related organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs, and improve the delivery of services. MediSolution has two operating segments. The Resource Management Systems segment is comprised of Financial Management software such as accounts receivable, budgeting and materials management as well as Human Capital Management tools including human resource management, staff scheduling and payroll processing. The Healthcare Information Systems segment is comprised of clinical solutions such as patient tracking, electronic patient health records, pharmacy, radiology and laboratory software for healthcare organizations.

This press release contains "forward-looking statements" regarding MediSolution's staff planning module for its Virtuo Human Capital Management (HCM) Suite. The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements because they involve known an unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include failure to secure customer interest in the staff planning module for its Virtuo Human Capital Management (HCM) Suite the cancellation of existing staff planning module contracts and the staff planning module's failure to generate anticipated business efficiencies and value for the client.

(1) Statistics Canada - Labour Force Study

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