SOURCE: IntelliDOT Corporation

July 11, 2007 09:00 ET

IntelliDOT™ Corporation Secures Agreement With MedAssets Supply Chain Systems for Handheld Bedside Scanning Technology

SAN DIEGO, CA--(Marketwire - July 11, 2007) - IntelliDOT™ Corporation, an innovator in patient safety and workflow management solutions for healthcare, today announced that the company has signed a multi-year agreement with MedAssets Supply Chain Systems. Under terms of the agreement, IntelliDOT will provide optimized pricing for its handheld bar code patient safety technology, the CAREt™ System, to MedAssets Supply Chain Systems' customers nationwide.

The CAREt System is the first nurse-centered workflow manager to connect caregivers with the information systems they need at the point of care. Built on a design that complements the way nurses work, the CAREt System provides a straightforward user interface that supports a comprehensive approach to patient safety and documentation at bedside, in a variety of healthcare settings.

"We are pleased to welcome IntelliDOT Corporation to MedAssets Supply Chain Systems as a supplier partner," said David Lash, Pharm. D., MedAssets Supply Chain Systems' Vice President of Pharmacy Distribution and Managed Care. "By offering the CAREt System at preferential pricing, we give our customers a proven technology from an industry leader, rated by KLAS, to help improve patient safety, support staff workflow efficiency, and improve the hospital's bottom line."

"We are eager to support MedAssets' mission to promote quality health care delivery and help providers better manage expenses," said George Morgan, Vice President of National Accounts for IntelliDOT Corporation. "The user-friendly CAREt System improves overall patient safety and quality of care by protecting caregivers while improving bottom-line financial results for hospitals. By installing this system, MedAssets' customers can move another step closer to eliminating medication errors in their hospitals while vastly improving clinical information flow."

The integrated platform of solutions provided by IntelliDOT provides cost effective bedside patient safety and documentation for hospitals looking for a customized design for caregivers at the bedside. By simply scanning a patient wristband, the CAREt Handheld guides the nurse through all required clinical tasks and related documentation that have accumulated for a patient. Information is clear, organized and delivered right into the caregiver's hand, in plain English, right when it's needed.

About MedAssets

MedAssets partners with healthcare providers to improve operating margins and cash flow while supporting quality of care goals. MedAssets implements integrated solutions to address the greatest opportunities for financial and process improvement and drives performance in revenue cycle, supply chain and clinical service line management. MedAssets is a business partner to more than 2,400 hospitals and 30,000 non-acute care healthcare providers. For more information, visit www.medassets.com.

About IntelliDOT™ Corporation

IntelliDOT is an information management company utilizing a common wireless platform to complete medication administration, specimen collection, and other tasks at bedside. The CAREt System is the first custom designed handheld workflow manager connecting caregivers with the information systems they need at the point-of-care. Designed to complement the way caregivers work, the CAREt System is simple to use and provides clinicians with a single wireless tool to manage information transfers across an organization. The integrated hardware and software solution provided by IntelliDOT results in a cost-effective "smart hardware" system for hospitals looking for a customized design for mobile caregivers.

Except for the historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, risks and uncertainties associated with market acceptance of the CAREt System, whether the company will be successful in raising additional funds, the risk that sales of the CAREt System will not increase to target levels, and the effectiveness and marketability of healthcare information technologies, as well as other risks.

Contact Information

  • COMPANY CONTACT:
    David D. Swenson
    Chief Operating Officer
    IntelliDOT Corporation
    858-746-3136
    Email Contact