September 22, 2014 2:49 PM ET

Healthcare Equipment and Supplies

Company Overview of CenTrak, Inc.

Company Overview

CenTrak, Inc. provides tracking infrastructure for healthcare facilities in the United States, Canada, Europe, and India. It offers CenTrak platform, a real time location system that combines Gen2IR and active RFID technologies to deliver certainty-based or error-free data for asset tracking and management, hand washing and hand hygiene compliance monitoring, nurse call integration, high acuity (OR/ED) workflow, patient and staff locating, and temperature monitoring. The company was founded in 2003 and is based in Newtown, Pennsylvania with additional locations in Newtown, Pennsylvania; Menlo Park, California; Seoul, Korea; Fo Tan, Hong Kong; and Chennai, India. CenTrak, Inc. operates as a s...

5 Caufield Place

Suite 102

Newtown, PA 18940

United States

Founded in 2003

Phone:

215-860-2928

Fax:

215-359-0659

Key Executives for CenTrak, Inc.

Co-Founder
Co-Founder and Chief Technology Officer
Age: 71
Co-Founder and Vice President of Engineering
Co-Founder and Chief Financial Officer
Senior Vice President of Sales & Business Development
Compensation as of Fiscal Year 2014.

CenTrak, Inc. Key Developments

CenTrak Launches Affordable Single-Use Patient Tag with Clinical-Grade Locating Capabilities

CenTrak announced the availability of the scalable single-use patient tag. The development of this technology was driven by demand from leading hospitals and solution providers who are determined to improve the efficiency and safety of patient care. The ultra-thin, low-cost, and waterproof device leverages the same core Clinical-Grade RTLS technology that is already deployed in over 450 healthcare facilities. CenTrak customers, including the US Department of Veterans Affairs' 152 medical centers and 1,400 clinics, can now experience all of the benefits of patient tracking - including improved capacity management, workflow automation, increased ED throughput, and enhanced patient safety and security - via the cost-effective solution. Utilization of CenTrak's single-use patient tag, which can be discarded or recycled, eliminates concerns associated with the cost of tag loss and complexities of tag reuse. The device enables the first scalable patient tracking solution that can be affordably implemented enterprise-wide, even across large, complex acute care organizations.

VIZZIA Technologies Deploys Centrak's Clinical-Grade Real-Time Location System(TM) (RTLS) to Transform the Patient Experience at Florida Cancer Specialists

VIZZIA Technologies announced that its clinical workflow optimization solution was recently installed at Florida Cancer Specialists & Research Institute's (FCS) Tampa Cancer Center location. The newly constructed 35,990 square foot flagship facility offers a 'one-stop' approach to patient care that includes medical oncology, advanced radiation oncology technology and radiological services for identifying and diagnosing tumors. The VIZZIA solution, which leverages CenTrak's Clinical-Grade RTLS(TM), is designed to transform the outpatient experience and help in optimizing patient flow processes. Shortening patient wait times, ensuring patient safety and satisfaction, as well as increasing the cancer center's patient treatment capacity are among the benefits of the new solution. VIZZIA integrated its web-based information portal with the CenTrak Clinical-Grade Locating(TM) infrastructure. Their VIZZION Suite(TM) software automatically updates the location of patients and staff from CenTrak's RTLS and incorporates important workflow rules and alerts to ensure that patients move through the treatment process as efficiently as possible. The Clinical-Grade RTLS platform uses battery-operated Gen2IR(TM) and Virtual Wall(TM) devices to deliver unmatched room-, bed-, and bay-level accuracy. The advanced technology delivers rapid location update speeds and offers small, full featured tags with extremely long battery life.

CenTrak, Inc. Announces Relocation of its Corporate Headquarters in Newtown, Pennsylvania; HP Enterprise Services Selects CenTrak as Exclusive RTLS Provider for $543 Million Contract

CenTrak, Inc. announced the relocation of its corporate headquarters in Newtown, Pennsylvania to support continuing company growth. The local move will allow CenTrak to expand customer support, research and development, and client services, as well as add implementation teams. These enhancements will enable CenTrak to keep up with demand for its battery-operated asset management, patient tracking, staff locating, workflow, and compliance monitoring solutions. The new office more than doubles the footprint of CenTrak's current facilities and also provides space for its anticipated continued growth. The new headquarters for CenTrak is located at 125 Pheasant Run, Newtown, PA 18940. The company was chosen as the exclusive RTLS provider to HP Enterprise Services for their $543 million contract with the Department of Veterans Affairs. The VA's standardization on CenTrak's Clinical-Grade Locating(TM) infrastructure in all of its 152 medical centers is expected to further accelerate industry adoption.

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