SaaS Showplace®

Wellesley, MA - June 1, 2009 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that Concerro has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.

The BoSS Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies which are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability.

Concerro is a provider of web-based workforce management software and services which reduces labor costs, protects revenue, and improves staff and patient satisfaction in hospitals across the U.S.

Concerro clients achieve significant dollar savings as a result of using its SaaS solution to reduce the amount of monies spent on premium labor. This cost avoidance is derived from the percentage of open shifts previously filled by contract and/or agency labor, and the associated costs. For example, Health First Hospital-a leading provider of healthcare services in east central Florida, consisting of three acute-care hospitals employing more than 1,700 registered nurses- generated $1.56 million dollars in contract labor savings using Concerro's SaaS solution. Health First leveraged the Concerro's solution to,

• Establish a proactive rather than reactive approach to scheduling;
• Reduce contract labor costs by 20 percent;
• Provide flexibility during seasonal census shifts;
• Reduce the use of winter bonus and incentive shifts;
• Facilitate scheduling flexibility to give staff more choice; and
• Improve recruitment and retention.

Nine months after the Concerro program was implemented, Health First had generated a 6.76 times return on investment (ROI) through better use of their existing workforce, complete elimination of contract labor, and improved processes around per diem scheduling. The hospital also reported 100 percent elimination of contract labor, and a 24 percent decrease in internally owned staffing agency use, representing a $3.12 million reduction in outside labor costs.
 
As a result of these measurable business benefits, Concerro has been named the latest BoSS Award winner. A full description of the company's winning BoSS Award submission can be found at http://www.saas-showplace.com/awardSummary.php?key=806.

"We are pleased to be recognized by the SaaS Showplace for the measurable business benefits we are delivering to our customers," stated Graham Barnes, CEO of Concerro.