New Alliance Combines Ankota's Innovative Technology with CareCentric's Pioneering Solutions for Home Health, Home Medical Equipment, Hospice and Private Duty Services
BALTIMORE and ATLANTA, Dec. 6, 2010 /PRNewswire/ -- Ankota, a Healthcare Delivery Management (HDM) business with a patient-centric, performance-focused approach to managing the delivery of care, and CareCentric, a healthcare solutions company that has offered industry-leading software and services to post-acute care providers for more than 40 years, announced a strategic alliance today to provide home health provider organizations with greater efficiencies resulting in immediate cost savings and increased productivity.
Under the terms of the agreement, CareCentric will sell and support the combined solution with its Caretinuum™ software product. Ankota's technology for managing the delivery of care will be integrated with CareCentric's capabilities for managing the business side of care. Specifically, Ankota will provide optimization of staff schedules and travel plans, provide mobile work management capabilities to home medical equipment (HME) delivery workers and bring voice response telephony capabilities for nurses, paraprofessional home health aides and delivery staff. When joined with CareCentric's patient billing, medical equipment inventory and point-of-care nursing documentation, the combined solution sets a new standard for managing healthcare delivery models and positions both companies for accelerated growth. Customers will benefit immediately through substantial reductions in operating costs and increases in capacity to provide care for homebound patients.
"This strategic alliance brings together CareCentric's decades of market-leading healthcare solutions in key market segments with Ankota's cutting-edge innovation and technology to provide a new level of efficiency and coordination of post-acute care services," said Ankota CEO and Founder Will Hicklen. "Customers who take advantage of our combined product will dramatically increase productivity right away while continuing to fine-tune their coordination, distribution and mobile delivery models."
Ankota and CareCentric now offer the HME market a powerful, integrated tool to reduce expenses and increase productivity. Use of the HME optimization software can result in 25 to 35 percent fewer miles driven, increased delivery capacity of 10 to 20 percent and a savings of $800 to $1200 per vehicle per month. Key product features include optimized scheduling and route planning, real time delivery reporting and GPS tracking, configurable care plans and an easy-to-use Internet interface. The Caretinuum software tool is scalable, modular, integrated and patient-centric, and it is backed by consulting, education and training, management and technology support services.
"CareCentric and Ankota have a shared desire to deliver high-quality solutions on a single platform," said Darrell Young, President and CEO of CareCentric. "Both companies are focused on improving the quality and efficiency of home healthcare to help drive success for our customers, so naturally we are excited about the impact this partnership will have for our customers and the industry."
About Ankota
Ankota, Inc. is the pioneering company in the field of Healthcare Delivery Management (HDM) focused on improving the quality and efficiency of home health care. Ankota's HDM technology organizes healthcare into a "delivery model" to better plan, coordinate and deliver care in the home, with immediate cost savings and productivity improvements for providers. Ankota's customers include companies involved in providing home health services and private duty care, delivery of home medical equipment and supplies, and infusion and respiratory therapy. Founded in 2008, Ankota, Inc. is based in Baltimore, Maryland with offices in Washington, D.C., Philadelphia, New York, Boston, and Chicago. For more information, please visit http://www.ankota.com.
About CareCentric
CareCentric is a healthcare solutions company that has offered industry-leading software and services to post-acute care providers for over 40 years. The state-of-the-art business solutions we offer are designed to facilitate operational, financial and benchmarking aspects of the healthcare industry, from patient assessments and referrals to reimbursement and compliance. These solutions help reduce your operating costs, improve patient outcomes and enhance workflow. Learn more at http://www.carecentric.com.
SOURCE Ankota