CenTrak

CenTrak Named Global Healthcare RTLS Company of the Year

CenTrak was named the 2024 Global Healthcare RTLS Company of the Year by Frost & Sullivan for its visionary innovation, customer impact, and commitment to enhancing safety, patient experience, and operational efficiency in healthcare through scalable, cost-effective real-time location solutions developed with expert industry insights and expanding international presence.

CenTrak has been named the 2024 Company of the Year in the global healthcare real-time location systems (RTLS) industry by Frost & Sullivan. This recognition follows a rigorous analytical and interview process evaluating visionary innovation, performance, and customer impact. It is the third major award for CenTrak this year, following wins as IoT Breakthrough’s IoT Health & Wellness Company of the Year and a Best IoT Healthcare Security Solution recognition from MedTech Breakthrough Awards.

Andrew Robinson, CEO of CenTrak, stated that the honor reflects the company's commitment to creating a safe, efficient, and compassionate healthcare experience. The team focuses on addressing the challenges faced by global healthcare facilities, aiming to enhance safety, improve patient experiences, and automate non-clinical tasks to support healthcare professionals and reduce burnout.

Frost & Sullivan’s selection process does not accept nominations or submissions. The evaluation includes customer impact (price/performance value, purchase experience, ownership experience, customer service experience, and brand equity) and visionary innovation and performance (addressing unmet needs, visionary scenarios, implementation, leadership, and financial performance).

Key findings from Frost & Sullivan include:

  • CenTrak recruits experts with real-world experience, such as clinical consultants, operational experts, epidemiologists, physician assistants, nurses, and professionals with extensive hospital experience. This approach ensures best practices across the healthcare value chain and integrates comprehensive industry insights into their solutions.
  • CenTrak's focus on innovation supports healthcare professionals and integrates technology to develop the modern connected hospital. Their solutions are scalable, versatile, and cost-effective, elevating staff safety and optimizing patient care. The company is expanding internationally, including in Australia, Europe, and the Middle East.

Bhaskar Vittal, research manager at Frost & Sullivan, noted that CenTrak offers both premium and economical RTLS solutions, providing clinical-grade precision as well as zonal-level and hybrid options. This flexibility delivers exceptional value to healthcare facilities by enhancing efficiency and reducing operational expenses.

Recent releases from CenTrak include BLE Multi-Mode technology and the cloud-based ConnectRT software platform, demonstrating the company's commitment to ongoing RTLS innovation in healthcare.

About CenTrak

CenTrak provides healthcare leaders with actionable data to increase productivity, reduce operating costs, and transform patient care through market-leading locating and sensing IoT solutions. Founded in 2007, CenTrak is trusted by more than 2,000 healthcare organizations worldwide.