Intelligent InSites Announces Investment by HCA’s Health Insight Capital
Chuck Hall, President of Hospital Corporation of America’s National Group, Appointed to Board of Directors of Intelligent InSites
Fargo, ND – April 16, 2014 – Intelligent InSites, Inc., the leading provider of operational intelligence for healthcare, announces that Health Insight Capital, a subsidiary of Hospital Corporation of America (HCA) (NYSE: HCA), has made an equity investment in Intelligent InSites.
As part of the agreement, Chuck Hall, President of HCA’s National Group, has been appointed to the Board of Directors of Intelligent InSites. Other terms of the agreement are not being disclosed.
Intelligent InSites serves leading healthcare systems who are delivering better care and lower cost through the use of innovative technologies and continuous process improvement. Intelligent InSites’ customers include Veterans Health Administration, who is implementing the Intelligent InSites operational intelligence solution across 152 VA Medical Centers and seven Consolidated Medical Outpatient Pharmacy facilities; leading integrated delivery networks including Sanford Health and Texas Health Resources; as well as consumer-governed healthcare systems such as Group Health. Intelligent InSites is also expanding internationally, with customers such as Bumrungrad International Hospital, the first Asian hospital accredited by Joint Commission International.
“As the healthcare industry continues to evolve, hospitals and other providers increasingly are seeking advanced technology solutions, like those developed by Intelligent InSites, that capture, dashboard and analyze data to help improve clinical quality, operational performance, and the patient experience,” said Joe Sowell, HCA’s Senior Vice President, Development. “Intelligent InSites has developed promising technology that is able to take the data provided by RFID/RTLS point solutions and synthesize that data with other hospital data to provide intelligence and tools that can be used by operators to drive higher quality care at a reduced cost.”
“We are excited to have HCA become a partner and shareholder of Intelligent InSites, and we are thrilled to have Chuck Hall join our Board of Directors,” said Shane Waslaski, President and CEO of Intelligent InSites. “Our strategic partnership with HCA will enable us to accelerate and expand our work to transform healthcare operations by delivering solutions that intelligently harness the power of automatically generated, collected, and delivered data.”
Intelligent InSites remains focused on delivering solutions that provide significant, measurable, and sustainable value to healthcare providers, helping them reduce costs, increase throughput, minimize risk, and improve patient and staff satisfaction.
About Intelligent InSites, Inc.
Intelligent InSites partners with healthcare systems to improve patient experience and reduce costs with its consulting services and location-based software solutions. InSites automatically captures and visualizes patient, staff, and equipment location movements and delivers actionable insight in-the-moment to streamline patient flow and improve staff efficiency and equipment utilization. With advanced analytics and process engineering services, InSites drives healthcare operational excellence.