VHA Selects TeleTracking's RadarFind to Help Hospitals Lower Costs, Improve Efficiency

IRVING, Texas and MORRISVILLE, N.C., Nov. 10, 2010 /PRNewswire/ -- VHA Inc., the national network, has selected RadarFind, a TeleTracking company, to provide its real-time locating distributed sensor network to VHA's 1,400 member hospitals to track equipment, patients and staff for improved operational efficiency and patient care.

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RadarFind's patented real-time location system (RTLS) will help VHA members reduce capital expenditures and staff time spent on routine processes. The system generated asset utilization reports for one North Carolina hospital that helped reduce their planned infusion pump purchase by 53 pumps. The more than $300,000 saved as a result of that decision more than recouped the system's cost  in less than one year. The hospital also reduced its average time spent searching for misplaced wheelchairs from more than 20 minutes to less than five minutes.

"As hospitals are required to do more with fewer resources, VHA is helping members meet these challenges through the use of innovative technology," said David Gillan, vice president of Purchased Services and Strategic Sourcing at VHA.  "The RadarFind system has proven to be a cost-effective technology that reinforces our mission of helping hospitals improve efficiency and performance while enabling them to focus on patient care."

"VHA and RadarFind share a common vision for developing solutions that will help hospitals implement best-in-class solutions for the very real challenges facing our nation's hospitals," said Mike Nelson, president of RadarFind. "We are confident that this relationship will drive measurable, sustainable results that will ultimately allow hospital staff to spend their time focusing on patient care."

The addition of TeleTracking's RadarFind solution builds upon a multi-year relationship between VHA and TeleTracking that began in 2008. RadarFind is a wholly-owned subsidiary of TeleTracking, the three-year KLAS Patient Flow Category Leader with more than 850 hospital customers in the United States, Canada and the United Kingdom.

About VHA -- VHA Inc., based in Irving, Texas, is a national network of not-for-profit health care organizations that work together to drive maximum savings in the supply chain arena, set new levels of clinical performance and identify and implement best practices to improve operational efficiency and clinical outcomes. In 2009, VHA delivered record savings and value of $1.47 billion to members. Formed in 1977, VHA serves more than 1,400 hospitals and more than 28,000+ non-acute care providers nationwide, coordinating delivery of its programs and services through its 16 regional offices. VHA has been listed as one of the best places to work in health care by Modern Healthcare since 2008 and one of the best places to work in IT by Computer World since 2007.

About RadarFind

RadarFind's Real Time Location System uses an innovative wireless sensor network platform for tracking medical equipment and patients that is highly accurate, yet non-disruptive to hospital operations.  RadarFind is the only real-time wireless sensor network developed by former physicians, nurses and hospital administrators specifically for the healthcare environment. RadarFind Corporation is a wholly-owned subsidiary of TeleTracking Technologies, Inc.  For more information, please visit www.teletracking.com and www.radarfind.com.

About TeleTracking

TeleTracking Technologies, Inc. is the world-leading producer of automated solutions that relieve hospital overcrowding by improving patient flow. TeleTracking currently has more than 850 clients in the U.S., UK and Canada with over 1,800 installed solutions. The Pittsburgh firm, which launched the automated patient flow industry in 1991, recently was named KLAS Patient Flow Category Leader for the third straight year.

SOURCE TeleTracking Technologies, Inc.