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February 11, 2016 1:18 PM ET

Healthcare Equipment and Supplies

Company Overview of CenTrak, Inc.

Company Overview

CenTrak, Inc. provides real time location systems to healthcare facilities in the United States, Asia, Europe, and the Middle East. It provides asset tracking and management, nurse call automation, clinical operations and workflow, patient safety, environmental and temperature monitoring, security and protection, and hand-hygiene compliance solutions. The company was founded in 2003 and is based in Newtown, Pennsylvania. It has locations in Menlo Park, California; and Duffel, Belgium. CenTrak, Inc. operates as a subsidiary of Remote Play, Inc. As of February 5, 2016, CenTrak, Inc. operates as a subsidiary of Halma plc.

125 Pheasant Run

Newtown, PA 18940

United States

Founded in 2003

Phone:

215-860-2928

Fax:

215-359-0659

Key Executives for CenTrak, Inc.

Co-Founder, Chief Executive Officer and President
Co-Founder and Chief Technology Officer
Age: 72
Co-Founder and Chief Financial Officer
Senior Vice President of Sales & Business Development
Vice President of Manufacturing
Compensation as of Fiscal Year 2015.

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.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 5, 2016
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