What You Should Know:
– Cognosos, a provider of real-time location services (RTLS) for healthcare, has acquired Cox Prosight, an award-winning RTLS platform specifically designed for hospitals.
– This strategic acquisition combines Cognosos’ AI-powered location technology with Cox Prosight’s robust platform, creating a cutting-edge solution to address the operational challenges faced by hospitals today.
Addressing Critical Needs for Hospitals
This acquisition comes at a crucial time for the healthcare industry, as hospitals grapple with increasing pressure to improve operational efficiency, address labor shortages, and enhance the patient experience. By joining forces, Cognosos and Cox Prosight are well-positioned to provide hospitals with the tools they need to optimize workflows, improve patient flow, and enhance overall performance.
AI-Powered RTLS
Cognosos’ LocationAI® technology revolutionized the RTLS market by offering room-level accuracy without the need for extensive in-room equipment. This AI-driven approach allows hospitals to track assets and people seamlessly across their entire campus, both indoors and outdoors.
Cox Prosight brings a modern and extensible platform known for its strong analytics and reporting capabilities. The company has a proven track record of delivering solutions that meet the complex demands of healthcare environments.
The combined solution from Cognosos and Cox Prosight offers several key benefits for hospitals:
- Enhanced Accuracy and Efficiency: AI-powered location tracking and advanced analytics enable more precise and efficient management of assets and workflows.
- Improved Patient Flow: Real-time location data helps optimize patient flow, reducing wait times and improving the overall patient experience.
- Increased Staff Productivity: Streamlined workflows and automated tasks free up staff time, allowing them to focus on patient care.
- Enhanced Safety: Real-time location data can be used to improve safety measures, such as locating critical equipment quickly during emergencies.
- Cost-Effectiveness: The cloud-based platform offers a cost-effective solution for hospitals of all sizes.
“Today is a significant milestone in Cognosos’ journey,” said Braxton Jarratt, CEO of Cognosos. “Over the last several years, both companies have made massive, complementary investments to provide critical visibility, efficiency and safety to healthcare workers and patients. The integration of these two like-minded technology platforms reinforces our commitment to equipping hospitals with the tools they need to fulfill their mission to provide outstanding care to patients.”
