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Merger Drives St. Elizabeth Medical Center to Expand Deployment of SuccessFactors to 6,500 Users

^{Published on 2008-12-09 08:06:40 - Market Wire}
 

SAN MATEO, Calif.--([ BUSINESS WIRE ])--SuccessFactors, Inc. (NASDAQ:SFSF), the global leader in [ on-demand performance and talent management solutions ], today announced that St. Elizabeth Medical Center has expanded its SuccessFactors implementation. The Greater Cincinnati-based healthcare system recently merged with St. Luke Hospitals, creating the opportunity to grow its deployment of SuccessFactors from 5,000 to 6,500 users. This marks an increasing trend of customers growing their use of SuccessFactors during mergers and acquisitions.

Since 1861, St. Elizabeth has been a trusted provider of high quality medical care to Northern Kentucky residents. The center recently received the highest five-star rating for quality across six categories from the healthcare ratings company, HealthGrades. St. Elizabeth has also been named as one of America's 50 Best Hospitals for the past two years, placing their outcomes among the top 1% in the nation. The healthcare system became a SuccessFactors customer in early 2007 to develop structure around its talent management initiatives, deploying a solution to manage goals, performance, succession planning and 360-degree reviews.

Tom Ottke, Director of Organization Effectiveness of the Health System said, "Mergers can often lead to confusion and uncertainty, especially for the new colleagues, but having a tool like SuccessFactors helps us drive common goals and culture. Our management team's strategic plans are updated quarterly so the ability to rapidly align corporate objectives to employee execution is a huge benefit. SuccessFactors delivers the flexibility we require to modify strategies, and more importantly, roll them out with clarity. We've enjoyed great adoption of the system across our organization, as our team fully recognizes the value that comes from corporate-wide alignment."

SuccessFactors Research [ recently conducted a study ], looking at the increased financial performance that companies can achieve in using performance and talent management software in post merger situations. Companies that leveraged SuccessFactors to manage their mergers outperformed their competition in both growth and profitability measures – impressive achievements given that most mergers fail to realize the expected financial benefits.

"SuccessFactors is thrilled to extend our relationship with St. Elizabeth Medical Center, continuing our dominance in meeting the diverse requirements of health care organizations," said Greg Nash, vice president of health care, SuccessFactors. "Our solutions are relevant for the key trends facing health care, from the impending retirement of Baby Boomers, to facilitating compliance requirements, such as JCAHO, to optimizing merger integration. SuccessFactors' web-based system is built with ease-of-use in mind, making the transition from paper-based processes painless."

The [ SuccessFactors Performance and Talent Management Suite ], which includes Performance Management, Goal Management, 360 Degree Reviews, Succession Management, Compensation Management, Learning and Development, Recruiting Management, Employee Profile, and Analytics and Reporting applications, creates a company-wide network of information related to employee performance, including skill-sets, interests, career aspirations, ability to relocate, experience, languages spoken and more. By providing deep, real-time, company-wide visibility into such critical performance data, companies are able to make better, more informed decisions about how to promote, recruit, compensate, reward and manage their entire employee base.

About St. Elizabeth Medical Center

Founded in 1861, St. Elizabeth Medical Center has locations in Covington, Edgewood, Williamstown and throughout Northern Kentucky. St. Elizabeth was the first Greater Cincinnati/Northern Kentucky hospital to achieve Magnet™ status, the internationally recognized gold standard for nursing excellence. St. Elizabeth is one of America's 50 Best Hospitals, placing it in the top 1% in the nation for quality of care in a seven year study by HealthGrades. St. Elizabeth is also ranked as a Top 100 Hospital by Thomson and among America's Best Hospitals for Respiratory Care by U.S. News & World Report. The medical center has also been nationally recognized for heart, stroke, cancer, orthopedics and neurology and won the designation as Greater Cincinnati's Best Place to Work in the large company category three years in a competition by the Cincinnati Business Courier. Sponsored by the Diocese of Covington, St. Elizabeth fulfills a healing mission, providing over $51 million in uncompensated care and benefits to the community in 2007. On October 27, St. Elizabeth merged with the St. Luke Hospitals with major locations in Florence, Fort Thomas and Falmouth, Kentucky. The new merged organization is working to bring a higher level of care to the Greater Cincinnati/Northern Kentucky area.

About SuccessFactors, Inc.

SuccessFactors is one of the fastest growing public software companies and the leading provider of on-demand employee performance and talent management solutions. The company enables organizations of every size, and across every industry and geography, to achieve high-performing workforces through goal alignment and execution, talent development and planning, and pay-for-performance initiatives. From 92 customers and approximately 282,000 end users in 2003 to more than 2,360 customers and 4 million end users today, SuccessFactors' solutions are widely deployed across 60 industries in over 185 countries in 31 languages. Founded in 2001 with offices around the world, the company employs more than 700 people, all passionately focused on revolutionizing the future of work. For more information, visit: [ http://www.successfactors.com ].