Innovative Sourcing and Applicant Tracking Capabilities Included in New
Application
NASHVILLE, Tenn.--(BUSINESS WIRE)--
HealthStream (NASDAQ: HSTM), a leading provider of workforce development
and research/patient experience solutions for the healthcare industry,
announced today the launch of the HealthStream Recruiting Center™ for
healthcare organizations. The HealthStream Recruiting Center is a
SaaS-based application that helps healthcare HR professionals drive
their talent strategy through intelligent recruiting life-cycle
management. The HealthStream Recruiting Center includes career sites,
applicant tracking, candidate and recruiter workflow, and reporting &
analytics. The new application enables employers to recruit and hire
talent with the right job and culture fit, thereby optimizing healthcare
workforce effectiveness.
"Patients' experiences and the quality of healthcare they receive are
inherently dependent upon those who deliver care—and, therefore,
surrounding the patient with the most competent workforce possible is
enormously important," said Robert A. Frist, Jr., chief executive
officer, HealthStream. "With that in mind, our new HealthStream
Recruiting Center is designed to help healthcare organizations find and
hire the best job candidates, faster."
The HealthStream Recruiting Center helps organizations drive their
talent strategy through essential recruiting activities, including:
Sourcing
Customized career sites help organizations express
their unique brand and culture. Social recruiting capabilities help
employers connect virtually through various outlets, such as Facebook
and other social platforms. These capabilities enhance brand perception
and elevate candidate experience and engagement.
Applicant Tracking
Hiring managers can quickly create
requisitions using a job description library and consult with recruiters
to ensure consistency with organization guidelines. Recruiters quickly
and easily receive, process, and track online applications in one place.
Applications are quickly prioritized by custom pre-screening and ranking
capabilities, allowing recruiters to focus on the most qualified
candidates for improved speed-to-hire. Integrated communication tools
allow recruiters to maintain a positive candidate experience. Real-time
dashboards allow for a comprehensive view of every candidate's status,
while recruiting metrics and analytics help track EEOC and OFCCP
compliance and ensure recruiter accountability.
Assessment & Verification
Through HealthStream's own
capabilities and complementary partner network, skills assessments,
self-evaluations, behavioral assessments, employment verification,
credentialing and license verification, and sanction screening are all
available to help provide a full view of each job candidate while
reducing risks. These tools help to take the guesswork out of hiring for
healthcare organizations for more intelligent candidate selection. The
launch of the HealthStream Recruiting Center deepens our overall
recruiting strategy with these partners, while setting a foundation for
new partners to join our network, further building a comprehensive
solution for sourcing, recruiting, and applicant tracking for healthcare
organizations that is unmatched in the industry.
The challenges for healthcare organizations, in particular, to maintain
their workforce are numerous. The American College of Healthcare
Executives' annual survey of hospital CEO's published earlier this
month, the issue of "personnel shortages" was ranked in their top 10
most important issues for the third consecutive year. Compounding the
problem of personnel shortages is the high turnover rate of the
healthcare workforce, which is 16.5 percent compared to 3.4 percent for
U.S. companies overall. Therefore, having a fully staffed workforce in
hospitals is essential. Moreover, to optimize the patient experience and
provide the best possible care, it is necessary to hire qualified
employees that are strongly aligned with the organizational mission,
vision, and values and who embrace its culture. HealthStream's new
Recruiting Center application for sourcing, recruiting, and tracking
applicants provides the capabilities and tools to enact this more
efficacious approach.
The launch of the HealthStream Recruiting Center adds to HealthStream's
expansive talent management suite of solutions for healthcare
organizations, which include solutions for learning & professional
development, competency management, performance appraisals, succession
planning, goals management, workforce analytics, and employee
communities. Over 4.1 million healthcare professionals currently use at
least one of HealthStream's talent management solutions, making
HealthStream the most widely adopted talent management platform in the
healthcare industry. The Company's exclusive focus on meeting the unique
needs of the healthcare workforce drives our product development and is,
in turn, helping organizations improve the quality of care delivered to
patients.
About HealthStream
HealthStream (NASDAQ: HSTM) is dedicated to improving patient outcomes
through the development of healthcare organizations' greatest asset:
their people. Our unified suite of software-as-a-service (SaaS)
solutions is contracted by, collectively, over 4.1 million healthcare
employees in the U.S. for workforce development, training & learning
management, talent management, performance assessment, and managing
simulation-based education programs. Our research solutions provide
valuable insight to healthcare providers to meet HCAHPS requirements,
improve the patient experience, engage their workforce, and enhance
physician alignment. Based in Nashville, Tennessee, HealthStream has
additional offices in Laurel, Maryland, Brentwood, Tennessee, Pensacola,
Florida, and Jericho, New York. For more information, visit http://www.healthstream.com
or call 800-933-9293.
This press release contains forward-looking statements that involve
risks and uncertainties regarding HealthStream. Investors are
cautioned that such results or events predicted in these statements may
differ materially from actual future events or results. This information
has been, or in the future may be, included in reliance on the "safe
harbor" provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such results or events predicted in
these statements may differ materially from actual future events or
results. The Company's preliminary financial results, while
presented with numerical specificity, are forward-looking statements
which are based on a variety of assumptions regarding the Company's
operating performance that may not be realized, and which are subject to
significant uncertainties and potential contingencies associated with
the Company's financial and accounting procedures and other matters
referenced from time to time in the Company's filings with the
Securities and Exchange Commission. Consequently, such forward-looking
information should not be regarded as a representation or warranty by
the Company that such projections will be realized.
HealthStream
Mollie Condra, Ph.D., 615-301-3237
mollie.condra@healthstream.com
Source: HealthStream
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