Awarepoint Names Keith B. Pitts to Its Board of Directors
30-Year Healthcare Veteran to Help Guide Continued Growth and
Momentum of Leading Industry RTLS Provider
SAN DIEGO, CA -- (Marketwire) -- 11/13/12 -- On the heels of
reporting its record growth announcement, Awarepoint Corporation, the
largest dedicated real-time location system (RTLS) corporation in
healthcare, announced today that it named Keith B. Pitts, Vice
Chairman of Vanguard Health Systems (NYSE: VHS), to its board of
directors. In his role, Pitts will represent Heritage Group, a
Nashville, Tenn.-based private healthcare investment firm that
invested in Awarepoint in April.
"With over three decades of experience and success in healthcare,
Keith is a proven strategic and operational leader and we are honored
to have him join our board," says Jay Deady, CEO of Awarepoint. "His
deep industry expertise and outstanding strategic management skills
in influencing and growing organizations in challenging healthcare
environments will help guide Awarepoint to the next level."
Before joining Vanguard Health Systems, which operates 28 acute care
and specialty hospitals and complementary facilities and services in
metropolitan Chicago, Illinois, metropolitan Detroit, Michigan;
metropolitan Phoenix, Arizona; San Antonio, Texas; Harlingen and
Brownsville, Texas: and Worcester and metropolitan Boston,
Massachusetts, Pitts served as Chairman and CEO of Mariner Post-Acute
Network and its predecessor, Paragon Health Network, a home nursing
management company. Prior to that he was an Executive Vice President
and Chief Financial Officer of OrNda Healthcorp, a hospital operator
that Tenet Healthcare acquired in 1997 for $3.22 billion.
"As the industry's recognized healthcare RTLS leader, Awarepoint is
playing a major role in enabling hospitals and health systems to
address intense pressures to improve quality, to improve safety and
efficiency of care and to manage costs," Pitts said. "Awarepoint is
well positioned to grow rapidly, particularly as providers become
increasingly aware of RTLS's ability to solve their problems and
drive revenue. I look forward to helping Awarepoint execute its
growth strategy and further extend its market leadership."
Heritage Group operates the Heritage Healthcare Innovation Fund
(HHIF), a $167 million strategic venture fund backed by many of the
nation's top hospitals, health systems and healthcare services firms.
HHIF selected Awarepoint as its first investment in April. HHIF's
limited partners include: Amedisys, Cardinal Health, Community Health
Systems Inc., Health Care Service Corporation, Intermountain
Healthcare, Iowa Health System, LifePoint Hospitals, Memorial Hermann
Healthcare System, Trinity Health (Novi, MI) and Vanguard Health
Awarepoint delivers the healthcare industry's only
cloud-based, Real-time Location System (RTLS) on a single platform of
integrated software, technology, and managed services. By enabling
predictive workflows to better manage assets, patients, and personnel
across the enterprise, the aware360 degrees Suite allows
administrators and care providers to advance the quality, efficiency,
experience, and economics of care. Dedicated exclusively to
healthcare, Awarepoint's experience and reliable, proven solutions
power the largest healthcare RTLS deployments in the world. For more
information, visit http://www.awarepoint.com.
Amendola Communications for Awarepoint
Press spacebar to pause and continue. Press esc to stop.