MORRISVILLE — ShiftWizard, a web-based workforce scheduling solution developed by nurses, has been acquired by Nashville-based firm HealthStream for $32 million.
HealthStream said the addition of the Morrisville-based company expands its growing portfolio of solutions for nurse and staff scheduling, which began earlier this year with the acquisition of NurseGrid.
“Using ShiftWizard, healthcare organizations can make informed, data-driven staffing decisions to effortlessly maximize resources,” said Robert A. Frist, Jr., HealthStream’s CEO. “These capabilities are particularly important in the current COVID-19 environment with hospitals’ heavy patient loads—where the ability to effectively reallocate staff across the organization is critical in meeting patient-care demands.”
Launched in 2007, ShiftWizard’s software as a service (SaaS) solution includes scheduling, point of care productivity and forecasting features. ShiftWizard says it has more than 100,000 users.
“Our success in doing that is reflected in a 97 percent retention rate among our customers that includes a staff buy-in and adoption rate of over 85 percent, the highest in the industry according to KLAS,” said Christian Pardue, its co-founder and chief product officer.