Recent Developments
In May 2016, HealthcareSource announced the acquisition of Lean Human Capital, bringing the combined company to more than 3,000 clients, including 50% of all U.S. hospitals.
Overview
Ownership: Francisco Partners
Employees: 235
Functional Market: Human Capital Management,
Key Verticals: Healthcare,
HealthcareSource Key Enterprise & Cloud Applications
The HealthcareSource Quality Talent SuiteSM includes the following:• HealthcareSource Position Manager® - Applicant tracking and onboarding • HealthcareSource Staff AssessmentSM - AHA-endorsed behavioral assessments and structured interview guides • HealthcareSource Leadership AssessmentSM - AHA-endorsed behavioral leadership assessments and developments plans • HealthcareSource Reference AssessmentSM - Automated reference checking with behavioral science• HealthcareSource Performance Manager® - Online employee appraisals, goals, skills, succession planning, and performance reporting • HealthcareSource Pay DataSM - Compensation market data analysis• HealthcareSource Survey ManagementSM Online library of compensation surveys• HealthcareSource CompensationSM - Merit and bonus cycle management• HealthcareSource NetLearning® - Learning management system • HealthcareSource NetCompetency® - Online competency management solution • HealthcareSource eLearning LibrarySM - 5,500 clinical continuing education compliance, and skills development modules• HealthcareSource Recruitment OptimizationSM – recruitment education, advisory services, and business intelligence.
SCORES Analysis
HealthcareSource Strengths
HealthcareSource specializes in talent management solutions for the U.S. healthcare industry. The HealthcareSource Quality Talent SuiteSM helps healthcare organizations build a Patient-Centered WorkforceTM 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.
In February 2015, HealthcareSource announced the availability of HealthcareSource Pay Data and Survey Managementa compensation market data solution that automates the process of gathering, matching, and analyzing the compensation market data that influences salary adjustment decisions.
In May 2016, HealthcareSource acquired Lean Human Capital, a provider of healthcare talent management process improvement, education, and business intelligence. The combination of Lean Human Capital and HealthcareSource brings an unprecedented level of automation, experience, analytics, benchmarks, and best practices together into one shared solution, which will provide unique insights and value to clients and the market overall.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
HealthcareSource Revenues, $M:
| Type/Year | 2011 | 2012 | 2013 | 2014 | 2015 | YoY Growth, % |
|---|---|---|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
HealthcareSource Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
2015 Enterprise Applications Revenues By Functional Markets, $M:
2015 Enterprise Applications Revenues By Verticals, $M:
HealthcareSource Revenues By Region, $M
| Region | % of Total Revenues | 2015 Total Revenues, $M | 2015 Enterprise Applications Revenues, $M | 2015 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
HealthcareSource 2015 Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
HealthcareSource Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
HealthcareSource Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
HealthcareSource Risks
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- Ability to handle internal and external risk and challenges
HealthcareSource Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
HealthcareSource Cloud Infrastructure Insights
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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