PITTSBURGH, June 18, 2015 /PRNewswire/ -- With a shared vision of reducing waste, optimizing hospital operations, and improving care delivery, GE Healthcare and TeleTracking Technologies, Inc. announce a new collaboration agreement.

The collaboration enables GE to place greater focus on its asset and workforce optimization solutions while leveraging TeleTracking's top ranked patient flow solutions and integrated operational platform. The two companies will work together to transition all interested clients currently on GE patient flow solutions to suitable TeleTracking solutions. Additionally, GE and TeleTracking will look to drive improved operational outcomes while reducing the cost burden placed on providers.

Over time, the two companies will help health systems drive further operational efficiencies through shared data and analytics. Larger data sets from multiple technology sources – including, among others, asset management, hand hygiene compliance monitoring, bed and patient tracking, and staff scheduling – will provide hospital leaders with more detailed insights to improve daily operations and patient access. The collaboration also leverages both companies' strengths in real-time location enablement.

"TeleTracking and GE Healthcare have long led the development of technologies that improve hospital operations," said TeleTracking President Michael Gallup. "This alliance supports our strong commitment to integration with all like-minded healthcare IT leaders, for the betterment of patient care."

"We look forward to advancing the shared aim of both companies to improve healthcare delivery by improving hospital operations and reducing unsustainable wasteful spending in our industry," said Joe Shrawder, CEO, GE Healthcare Global Services.

About TeleTracking

TeleTracking Technologies, Inc., the world leader in healthcare operations management, helps hospitals save lives by making their operations more efficient through automation and process redesign. Founded over two decades ago, the eight-time KLAS Patient Flow Category Leader and HFMA peer review designee provides real time tracking and monitoring of patients, staff, and assets all from a single source. TeleTracking has over 900 clients throughout the U.S., Canada and the U.K.  For more information visit www.teletracking.com and join the conversation on optimizing hospital operations by subscribing to our blog http://blog.teletracking.com/.

SOURCE TeleTracking Technologies, Inc.

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