WOBURN, MA--(Marketwired - Nov 3, 2016) - HealthcareSource, the leading provider of healthcare talent management solutions today announced a partnership with GE Healthcare, a leader in workforce management technology and services. This partnership enables these two industry-leading organizations to provide a unique workforce management offering to the market. The collaboration helps health systems to better select, develop and retain a highly engaged workforce, and then deploy those resources in a way that improves clinical, financial and operational outcomes.
The combination of quality-based reimbursement models and an ever-growing talent shortage for key roles is putting enormous pressure on healthcare organizations. The Bureau of Labor Statistics estimates that by 2022 the U.S. will need 1.05 million more nurses than will be available in the workforce. In this environment, healthcare organizations need to invest heavily in core human resource and talent processes to remain competitive. GE Healthcare and HealthcareSource provide a complete portfolio of solutions focused on the worker, enabling clients to execute on long-term strategy and day-to-day tactics for achieving better workforce engagement and outcomes.
"Healthcare organizations are investing in technology to simplify recruiting and accelerate the performance improvements of their patient-centered workforce, which has a direct effect on increased reimbursement rates and improvements in quality of care," said J.P. Fingado, president and chief executive officer, HealthcareSource. "HealthcareSource and GE Healthcare are working together to give health systems a competitive edge in a dynamic marketplace through healthcare-specific talent management and workforce management software to recruit, develop and retain world-class workforces."
"We've put an emphasis on using technology to deliver better results for our staff and our patients," said Ann Autio, HRIS functional systems administrator, United Health Services, a client of both HealthcareSource and GE Healthcare. "For us it's about more than just labor costs. It's about looking at the bigger picture to understand how we can leverage recruiting, performance management and education to hire and retain highly engaged staff. We also focus on how we can better leverage the skills and talents of our caregivers to deliver high-quality patient care. Working with both GE Healthcare and HealthcareSource helps us achieve those goals."
"Research has shown that hospitals scoring high in engagement also score an average of 61 percentage points higher on the HCAHPS," said Ramiro Roman, general manager of workforce management, GE Healthcare. "GE Healthcare and HealthcareSource are focused on enabling our clients to build and retain a skilled, talented and engaged workforce that can be leveraged to meet the dynamic and complex needs of each individual patient."
This partnership brings together the expertise of two companies that collectively have helped thousands of health systems develop, manage and engage millions of healthcare workers. Together, GE Healthcare and HealthcareSource provide a comprehensive talent solution that helps healthcare providers improve patient outcomes through best-in-class, data-driven talent and human resource practices.
With more than 3,000 healthcare clients, HealthcareSource is the leading provider of talent management solutions for the healthcare industry. The HealthcareSource Quality Talent SuiteSM helps healthcare organizations build a Patient-Centered Workforce™ by selecting, aligning, continuously developing, and retaining highly-engaged people. The company's cloud-based platform of software, content, services and analytics includes applicant tracking, reference checking, behavioral and skills-based competency assessments, compensation analysis, performance and learning management, eLearning courseware, education and advisory services. A private company focused exclusively on the healthcare industry, HealthcareSource consistently earns high marks for client satisfaction and retention. HealthcareSource has been regularly ranked as a leader by KLAS Research for Talent Management, in addition to recognition in Healthcare Informatics 100, Modern Healthcare's "Healthcare's Hottest," Inc. 500|5000, Deloitte Technology Fast 500, and Becker's "150 Great Places to Work in Healthcare" list. To learn more about HealthcareSource visit: www.healthcaresource.com.
GE Healthcare provides transformational medical technologies and services to meet the demand for increased access, enhanced quality and more affordable healthcare around the world. GE (NYSE: GE) works on things that matter - great people and technologies taking on tough challenges. From medical imaging, software & IT, patient monitoring and diagnostics to drug discovery, biopharmaceutical manufacturing technologies and performance improvement solutions, GE Healthcare helps medical professionals deliver great healthcare to their patients.