FOR IMMEDIATE RELEASE API HEALTHCARE ANNOUNCES STRONG GROWTH IN 2011 Healthcare market demonstrating strong demand for clinically enabled workforce management solutions
HARTFORD, Wis. - January 17, 2012 - API Healthcare, the leading healthcare-focused workforce management technology provider, today announced it has posted strong 2011 year-end results by recently signing contracts with dozens of health systems seeking to optimize their workforce. As hospitals strive to elevate both quality of care and labor performance, more are relying on innovative workforce technology from API Healthcare to help achieve those goals.
"As hospitals seek to tap into the full potential of their workforce, the technology needs to evolve to meet those needs," said J.P. Fingado, president and chief executive officer, API Healthcare. "Workforce management is no longer as simple as streamlining time cards or automating staff scheduling. Now it's about optimizing the entire workforce to meet patient care needs in the most cost-effective way possible. That's the vision we're delivering for our clients." Fingado continued, "over the last two years, we've made significant investments in our innovative, integrated solutions, and that is a key driver of our growth. We just completed the best quarter in the history of the company, and 2011 significantly exceeded 2010's results. Even more exciting, more than half of our 2011 fourth quarter business came from brand new clients."
Some of the health systems taking a proactive approach to workforce management with API Healthcare include: Excela Health Georgia Health Sciences University Gila Regional Medical Center Hannibal Regional Healthcare System HealthSouth Corporation North Memorial Health Care Oregon State Hospital Parkview Medical Center Reid Hospital & Health Care Services Sarasota Memorial Health Care System Terrebonne General Medical Center Wilson Medical Center
"Our vision is to integrate our staffing and time and attendance solutions so we can use the integrated data to make better workforce management decisions," said Derek Carissimi, vice president human resources, Georgia Health Sciences University. "We want to improve productivity and reduce labor costs while maintaining staff satisfaction and a high level of patient care. We're looking forward to working with API Healthcare to achieve those goals."
"Our vendor selection team included representatives from throughout the organization, and we've chosen to continue our partnership with API Healthcare by moving to their web-based solutions," said Nelson J. Lane, CPA, FHFMA, controller, Sarasota Memorial Health Care System. "After a careful review of options from other vendors, we feel confident that API Healthcare is in the best position to provide the workforce management tools that will help our organization make the most of our valuable labor resources."
About API Healthcare API Healthcare (www.apihealthcare.com ) is the largest healthcare-specific vendor of workforce management solutions to the healthcare industry. The company's staffing and scheduling, patient classification, human resources, recruiting, payroll, time and attendance, business analytics, and staffing agency solutions are used by more than 1,000 hospitals and staffing agencies. Founded in 1982, API Healthcare has been rated by KLAS in the Top 20 Best in KLAS Awards Report (www.KLASresearch.com) as the top time and attendance provider system for the last ten years (2002-2011). More information can be found at www.apihealthcare.com.
### For more information: Samantha Ehley API Healthcare 262.670.2714 Samantha.ehley@apihealthcare.com
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