Cornerstone OnDemand partners with Integrated HR Solutions to provide a best practice people management solution for the healthcare industry
Santa Monica, CA – July 31, 2007 – Cornerstone OnDemand, Inc., the only proven provider of integrated, on-demand talent management solutions and services, today announced the launch of Cornerstone for Healthcare™, a specialized people management solution designed to address healthcare provider challenges including greater economic pressures, stringent industry regulations and a nationwide shortage of qualified professionals. Cornerstone has partnered with Integrated HR Solutions (IHRS), the leading provider of healthcare competency management solutions, to offer one solution that integrates all people management functionality, on one platform, from one technology provider. Cornerstone and IHRS recently developed an informative white paper entitled Creating “Ready” Strategies for Healthcare People Management.
With Cornerstone for Healthcare™, organizations can manage their staffing, training and performance operations with healthcare-specific functionality. They can also utilize content – from competency-based job descriptions to pre-integrated training and continuing education content – all in a single, secure location. Cornerstone for Healthcare™ also helps organizations to align employee performance and goals and meet and maintain The Joint Commission standards for Human Resources Management in addition to other regulatory reporting.
“Healthcare is experiencing explosive growth, resulting in a shortage of qualified practitioners, rising acquisition costs, retention issues, and the need to develop managers and leaders,” remarked Lisa Goodman, President and COO, IHRS. “In addition, there are ongoing challenges of continual staff development to keep pace with medical advances and compliance with regulatory requirements and industry standards. It’s time for a technology solution designed exclusively for healthcare to meet these many workforce challenges. Cornerstone for Healthcare™ is an easy-to-use, affordable solution that is custom tailored for healthcare’s unique people management needs.”
"Cornerstone recognizes the distinct challenges of the fast-growing healthcare sector," said Adam Miller, president and CEO, Cornerstone OnDemand, Inc. “Cornerstone for Healthcare™ combines Cornerstone’s robust people management solution with Integrated HR Solutions’ content and vast healthcare experience to help healthcare organizations do what they do best: deliver quality patient care.”
In conjunction with the launch of Cornerstone for Healthcare™, Cornerstone and Integrated HR Solutions have also developed a complimentary white paper to help healthcare professionals think strategically about their employee development needs and identify smart courses of action. This white paper on the subject of people management for healthcare outlines the significant challenges facing the healthcare industry including unpredictable regulatory processes, severe labor shortages, continued reliance on outmoded paper-based processes and lack of technology solutions to address these issues. The paper offers insight into these challenges and suggests new ways for the healthcare industry to meet compliance requirements while developing more effective people management strategies.
To receive a free copy of this white paper, please visit http://www.cornerstoneondemand.com/landing/healthcare-lsPress-inHealthcare.ashx.
About Integrated HR Solutions
Integrated HR Solutions (IHRS) specializes in development of job/competency data and competency management solutions, designed by Healthcare professionals exclusively for Healthcare. Leading Healthcare systems across the U.S. employing over 300,000 healthcare professionals have chosen IHRS to help them manage job descriptions and maintain industry standard competencies to support hiring and staffing, training and development, performance feedback and evaluation, and compensation processes. For more information, please visit www.integratedhrs.com.
About Cornerstone OnDemand, Inc.
Cornerstone OnDemand helps organizations to empower their people and optimize workforce productivity by offering a comprehensive suite of talent management solutions for learning, performance, compensation, succession and compliance management, as well as robust reporting and analytics. Cornerstone also provides over 30,000 pre-integrated training titles. The Company’s multi-tenant, multi-user software as a service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, flexibility, reliability and a lower total cost of ownership. Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate. Marquee organizations such as Smith Barney, Pitney Bowes, Mt. Sinai, Honda, DIRECTV, Barnes & Noble, and Aon count on Cornerstone to help them achieve organizational excellence and competitive advantage.
For more information, please visit www.cornerstoneondemand.com.
Cornerstone OnDemand, Inc.