Hospitals support Company’s decision to remain focused on quality patient care and controlled labor costs
HARTFORD, Wis.--(BUSINESS WIRE)-- API Healthcare, the leader in healthcare-specific workforce management technology, today announced the positive response from its clients regarding the termination of its previously announced merger agreement with Kronos, Inc. and its remaining an independent company. Many clients had expressed their concerns about their organizations’ workforce management strategy and the impact on quality patient care if API Healthcare was acquired by Kronos.
As indicated in its press release of April 29, the U.S. Department of Justice welcomed the decision to abandon the transaction. The Department of Justice had “expressed concerns that the acquisition would have reduced competition and increased prices in healthcare-specific workforce management technology.” Many API Healthcare clients indicated they shared similar concerns related to the proposed transaction.
“Our clients reached out to us with strong opinions on remaining independent,” said J.P. Fingado, president and CEO, API Healthcare. “At the heart of client concerns was a fear that a merger with Kronos would compromise service levels, product strategy and our ability to innovate. These are all things that our clients count on us to deliver.”
Following the announcement that the merger had been terminated, many clients expressed relief that the company would remain independent. The following are some of the opinions expressed by API Healthcare clients:
- David Bradshaw, CIO and Vice President of Marketing, Memorial Hermann Hospital System:
“API Healthcare is the workforce management innovation leader in the healthcare industry. Their solutions empower us to make data-driven decisions so we can optimize our staff. That allows us to manage labor costs and satisfy our employees, all while providing high quality patient care. Choosing API Healthcare as our workforce management partner was a good decision.”
- Chrissy Yamada, CPA, Senior Vice President Finance and CFO, Evergreen Hospital Medical Center:
“We chose API Healthcare because their unique approach to workforce management allows us a reliable payback on our investment. API Healthcare offers a unique approach by linking the workforce to both clinical and financial outcomes. This approach empowers our hospital to deliver quality patient care while controlling labor costs.”
- Deb Gogliettino, SVP Human Resources, Eastern Connecticut Health Network, Inc.:
“When we purchased API Healthcare’s solutions, we saw the opportunity to work with one vendor to handle all of our workforce needs, from payroll to staffing. API Healthcare has that special focus found in few vendors: a combination of innovation and service. We are pleased that we can rely on API Healthcare for our current and future workforce management needs.”
- Terry Siek, Chief Nursing Officer, Hays Medical Center:
“API Healthcare is a unique vendor who understands our needs and challenges like no one else in the industry. They continually demonstrate an ability to innovate while never losing sight of quality client service. We are pleased to see they will continue to execute on their vision to help us and other healthcare organizations deliver higher quality patient care through the deployment of an optimized workforce.”
- William Spooner, Senior Vice President and Chief Information Officer, Sharp HealthCare:
“Having interacted with many vendors in the healthcare industry, API Healthcare stands out as a great organization with a strong focus on service while delivering a high quality product. We chose API Healthcare over other vendors to support our workforce management strategy specifically because of their vision and commitment to service. I am pleased to see them going forward."
- Linda Reed, RN, MBA, Vice President/Chief Information Officer, Atlantic Health System:
“We look for vendors that provide innovative products and strong customer service. API Healthcare scores high marks in both of these areas. We’ve partnered with API Healthcare for 14 years, and we’re excited to continue that valuable relationship.”
- Dominic Nakis, Senior Vice President and CFO, Advocate Health Care:
“Because labor is our biggest operating expense, we’ve made workforce management a priority. Our partnership with API Healthcare has helped us control labor costs while maintaining a high level of patient care. We’re happy to see that API Healthcare is going to continue their vision within the healthcare industry.”
- Lori Cassidy, Assistant Vice President-Human Resources, The Medical Center of Central Georgia:
“API Healthcare offers both the solutions and the services we need to effectively manage our human resources. Working with a vendor that has healthcare expertise means we have the products we need to satisfy our employees, manage our costs and provide outstanding patient care. We plan to continue our partnership with API Healthcare moving forward.”
About API Healthcare
API Healthcare 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 nine years (2002-2010). More information can be found at www.apihealthcare.com.
Samantha Ehley, 262.670.2714
KEYWORDS: United States North America Wisconsin
INDUSTRY KEYWORDS: Technology Data Management Software Practice Management Health Hospitals Professional Services Accounting Human Resources Nursing General Health