Navigation Links
TeleTracking Technologies to Focus on Growth
Date:1/6/2009

Patient flow leader positioned for expanding role of patient flow automation

PITTSBURGH, Jan. 6 /PRNewswire/ -- Since 1991, TeleTracking Technologies has been helping its clients, now more than 700 hospitals, solve their patient flow and bed management challenges. The need to increase capacity and improve patient flow is now even more critical, as over half of U.S. hospitals have postponed building and expansion plans because of the current economy, according to a recent American Hospital Association survey.

TeleTracking Technologies realized over 500% growth in the past seven years, and is anticipating another period of expansion. In preparation, TeleTracking Technologies has expanded its management team and forged new strategic business development arrangements to provide cost-effective, proven automated patient flow solutions which can maximize existing capacity through more efficient bed management.

According to company President and CEO, Anthony M. Sanzo, "In 2008, two competing providers of patient flow and visibility applications divested by selling assets to multipurpose IT corporations. TeleTracking Technologies believes strongly in the need to provide hospitals with best of breed solutions to the complex problems which affect patient flow. We see this as a time to invest in the future, not divest." Sanzo today announced the appointment of Mike Nelson as Senior Vice President of Business Development, and the promotions of Don DeCorte to Senior Vice President/Chief Technology Officer and Kirk Stephen to Executive Vice President. Mr. Stephens will continue as Chief Financial Officer (CFO) and Chief Operating Officer (COO).

Mr. Nelson will assist the executive leadership team in strategic acquisition and business development initiatives to the company's portfolio into other areas along the patient flow continuum. He brings to that role a history of managing corporate growth, including broad experience in venture capital, investment banking, strategic healthcare consulting, mergers and acquisition, and management of banking operations, information technology, sales and marketing and regulatory compliance.

A former managing director/vice president of Redleaf Group, Nelson raised capital for a number of technology companies and played key roles in several joint ventures. He also founded and served as executive vice president and manager of VentureBank, the merchant banking unit of PNC Bank Corporation which targeted high technology and growth companies at all stages of development.

Since joining TeleTracking as VP of Development, Mr. DeCorte has assumed increasing levels of responsibility for the company's existing and future technology platforms, especially its newly designed TeleTracking XT product platform. His move to Senior Vice President positions the company for growth and solidifies TeleTracking's long term commitment to developing the industry's most complete, end-to-end patient flow applications for clients and prospects.

The Company's current CFO and COO, Mr. Stephen's promotion to Executive Vice President recognizes his many years of contributions to TeleTracking's previous growth. It also helps position the Company for future senior management growth as it concentrates its efforts to grow its product portfolio in other areas of patient flow automation.

About TeleTracking Technologies

TeleTracking Technologies is the world-leading provider of automated patient flow and capacity management solutions. With more than 740 hospitals using its patient flow solutions, and over 50 software engineers and related professionals in its employ, TeleTracking has committed to maintaining its lead in the automated flow technology industry which it created. The privately-held, Pittsburgh based company, ranked "Category Leader - Bed Management" by healthcare marketing firm KLAS for the last two years, is one of the fastest growing companies in the healthcare technology sector.


'/>"/>
SOURCE TeleTracking Technologies
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. KLAS Ranks TeleTracking Bed Management Suite No. 1
2. TeleTracking Again Ranked KLAS Category Leader
3. Planet Technologies Announces Agreement to Acquire Antigen Laboratories
4. Cardiovascular Technologies to be Highlighted at 5th Annual Cleveland Clinic Medical Innovation Summit, Oct. 1-3
5. VNUS Medical Technologies Announces Resignation of Chief Financial Officer and VP, Finance & Administration
6. Osteotech to Present at First Albany Capitals Regenerative Technologies Conference in New York
7. ReBuilder Medical Technologies, Inc. Reports International Sales Expansion
8. Advanced technologies aim to transform the coaching of top athletes
9. Global Med Technologies(R) Extends Its Worldwide Outreach
10. Acuo Technologies(R) Names Mike Dolan Vice President of Sales
11. ReBuilder Medical Technologies, Inc. Signs Agreement for Distribution in Maine
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2017)... , ... June 23, 2017 , ... Everybody has their ... while others prefer to read it, and some people don't like it at all. ... Here's what they found: , Erotic literature can give readers a taste of their ...
(Date:6/23/2017)... ... June 23, 2017 , ... 21 Middle East and South Asia Leaders Selected ... from government, business and civil society in 11 countries across the Middle East and ... in a transformative exchange of knowledge and ideas with the leading minds in their ...
(Date:6/23/2017)... ... 23, 2017 , ... Ulster University, Magee Campus in Northern Ireland is hosting ... pm to present to graduate students exciting new and innovative hope research based on ... by The Health Improvement Service of the Western Health & Social Care Trust (WHSCT) ...
(Date:6/23/2017)... ... June 23, 2017 , ... Moore Insurance, ... area with access to asset protection and financial planning services, is teaming up ... improving the lives of children with cancer and other chronic diseases. , The ...
(Date:6/22/2017)... ... June 22, 2017 , ... ... from the American Heart Association (AHA) to launch a Rheumatic Heart Disease Center, ... prevention and diagnosis of rheumatic heart disease (RHD) in high-risk, financially disadvantaged countries ...
Breaking Medicine News(10 mins):
(Date:6/16/2017)... , June 16, 2017  Exactly 50 years ago ... off what later became known as the San Francisco "Summer ... ) is unveiling two radical innovations in strategic market research ... This announcement marks the beginning of Northern Light,s "Summer of ... ...
(Date:6/12/2017)... , June 12, 2017 Kineta, Inc., a biotechnology ... Kineta Vice President of R&D and Head of ... Pandemic Preparedness for the Northwest and Beyond meeting ... on June 14, 2017 from 8:30-10:30 AM PDT at the ... Dr. Bedard will be joined by other ...
(Date:6/8/2017)... MAITLAND, Fla. , June 8, 2017  Less ... ransomware attack that hit more than 200,000 companies, including hospital ... is being heralded as one of the largest online ... technology in the healthcare market, it is imperative that ... can protect their data from this — and many ...
Breaking Medicine Technology: