89 hospitals contract for Awarepoint software and technology platform in 2011 to improve patient throughput and flow, care team efficiency, and asset inventory management and availability
SAN DIEGO, Feb. 2, 2012 /PRNewswire/ -- Cementing its position as the leading provider of workflow optimization and location software for hospitals and medical office buildings, Awarepoint Corporation announced today that it signed a record 191 contracts with new and existing clients in 2011 for its aware360Suite of RTLS-enabled healthcare solutions. These new contracts cover a total of 89 facilities which have implemented Awarepoint's technology to improve clinical efficiency and quality, patient tracking, and operational and cost efficiencies. These contracts increased the number of customers to 123 healthcare systems, 186 hospital sites, and an industry-leading number of over 300,000 asset tags under management. Tags contracted are up 176% from 2010 and square foot coverage increased 55%.
Awarepoint's record-setting year and strong momentum entering 2012 were propelled partly by the firm's 2011 acquisition of Patient Care Technology Systems (PCTS) and reputation for superb service as reported in a recent KLAS report. The KLAS report indicated facilities that recently installed the Awarepoint solution reported a high level of satisfaction with Awarepoint's implementation performance, awarding the company an average score of 91 out of 100 points. Jeff Silva, director of supply chain management at Banner Health, explains his satisfaction with Awarepoint: "As part of our ongoing commitment to deliver the highest quality of care, we selected the Awarepoint solution to help manage our large inventory of mobile assets. Since installing Awarepoint, locating medical equipment has become a simple task for our clinical staff and based on the current utilization metrics captured by the system, we have significantly reduced our planned equipment purchases for 2012."
Jay Deady, president and CEO of Awarepoint, explains "We've experienced phenomenal demand in the last year for the aware360Suite as hospitals and health systems recognize the imperative need to track patients, personnel, and medical equipment in real-time. RTLS enables them to accomplish that while streamlining workflow, addressing safety and regulatory compliance issues, reducing costs, and boosting revenue," continues Deady. "The aware360Suite is proving to be an essential tool in helping providers address the ongoing demands to provide higher quality, cost-effective care, and avoid Medicare reimbursement penalties for failing to comply with federal quality measures."
The outstanding sales success and market demand for Awarepoint solutions was driven by the confidence clients have in the ability of the merged Awarepoint and PCTS entity to integrate and deliver solutions that enhance clinical, operational, and revenue performance. Jay Deady adds: "The results validate Awarepoint's strategy to acquire PCTS and we look forward to continuing to meet providers' needs by offering them the industry's only complete solution for optimizing healthcare workflow and capacity management."
Awarepoint's aware360Suite of RTLS-enabled solutions help hospital clients reduce hard operating costs, boost top-line revenues, and increase compliance management and patient satisfaction. Facilities have deployed Awarepoint's patented technology and software platform to manage and track assets, reduce equipment rental costs, monitor temperature, enhance hand hygiene compliance, and improve emergency and perioperative departmental as well as enterprise-wide workflow and throughput.
About Awarepoint Corporation
Awarepoint provides the only complete RTLS solution optimizing healthcare workflow for improving asset management and availability, optimal patient flow, and increasing care team efficiency.
The company's aware360Suite provides unmatched real-time location system (RTLS) technology, best-in-class software, and fully managed services for the healthcare enterprise. By improving asset, patient, and personnel visibility across the enterprise, the aware360Suite allows administrators and care providers to advance the Quality, Efficiency, Experience, and Economics of care. For more information, visit www.awarepoint.com/.