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PanGo Introduces PanGo Locator/Healthcare the First Wireless LAN-Based Asset Tracking and Visibility System for Hospitals.


FRAMINGHAM, Mass. -- Company also announces OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  relationships with two healthcare software leaders and marketing partnership with infrastructure provider

PanGo Networks, Inc., (www.pangonetworks.com) today announced the general availability of PanGo Locator/Healthcare(TM), a complete asset tracking and visibility system for hospitals. PanGo Locator/Healthcare is the first asset tracking product for caregivers, facilities and biomedical bi·o·med·i·cal
adj.
1. Of or relating to biomedicine.

2. Of, relating to, or involving biological, medical, and physical sciences.
 departments that provides a true end user application and yet does not require a single-use proprietary RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna.  network. Powered by the latest version of PanOS, the company's patent-protected software platform, PanGo Locator/Healthcare uses standards-based 802.11 wireless access point infrastructure as its reader network.

As part of its product launch, PanGo also announced OEM partnerships with Four Rivers Software Systems and Tele-Tracking Technologies, software and solutions companies with more than 1,400 hospital customers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and the United Kingdom. The new partners will integrate and distribute PanGo's systems into their own industry-leading offerings.

"Many care delivery organizations with a need to track the location of mobile assets have an existing 802.11 wireless infrastructure. Using a location tracking approach that leverages the existing infrastructure can lead to significant cost savings compared to installing a separate wireless location management system," said Barry Hieb, M.D., Research Director, Gartner Healthcare.

PanGo Locator/Healthcare allows hospitals to:

--Immediately locate essential equipment and other assets other assets

Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately.
 

--Improve loss prevention

--Optimize workflow by matching caregiver and patient with the most appropriate equipment

--Enhance admissions, discharge and transport, scheduling and maintenance systems with real time visibility technology

--Realize rapid ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  from existing or planned 802.11 infrastructure

--Reduce or eliminate the time to find biomedical and patient transport equipment

--Decrease annual equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
 or purchasing

"At Beth Israel Beth Israel, which means "House of Israel" in Hebrew, could refer for:
  • Beth Israel Deaconess Medical Center
  • Beth Israel Medical Center, New York City, New York
  • Temple Beth Israel
  • Congregation Beth Israel in West Hartford, Connecticut
, we've built a culture which fosters dependence on IT and we get rewarded for optimizing our workflow processes," said John Halamka, Chief Information Officer, CareGroup Health System. "We adopt cutting edge (new but proven) technologies as opposed to bleeding edge A pun on "leading edge." It implies that using the latest technology is often risky because it has not been tested with enough users and may not perform as expected. Introducing an advanced product or service is also risky because the user community may not be ready for it or really want  (high risk) technologies - especially when a patient's life is at stake. PanGo is one of few vendors that provides active RFID 'geo locationing' over existing Wi-Fi networks, allowing us to leverage our existing network infrastructure investment. Their robust, high value approach made them the obvious choice."

Tele-Tracking Technologies (www.teletracking.com), the leader in healthcare workflow Workflow in healthcare is an important term for today's physicians. The workflow describes the full process of how the office and patient work with each other. From the momement the patient calls to setup and exam, to the billers working on the claims, this is all inclusive in a  automation, and Four Rivers Software Systems (www.frsoft.com), the leader in preventative maintenance management software for hospitals, have signed OEM relationships with PanGo. Both companies are integrating Locator/Healthcare into their existing products. The value of the new integrated partner solutions is extremely compelling and will help hospitals save millions of dollars each year, while also helping them increase revenue through better capacity management.

"Almost anything of value in a hospital is either on two legs, four wheels or is otherwise portable and in constant motion," said Michael Campbell Michael Shane Campbell CNZM (born February 23, 1969) is a New Zealand golfer who is best-known for having won the 2005 US Open and the richest prize in golf, the £1,000,000 HSBC World Match Play Championship, in the same year. He is a member of the European Tour. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of PanGo Networks. "The strategic relationships with Tele-Tracking Technologies and Four Rivers Software Systems validate the impact of real time location information on critical business process and asset management systems and provide the first wave of exciting new wireless applications for hospitals."

Colubris Networks (www.colubris.com), an industry leader in the wireless infrastructure sector, is also partnering with PanGo as part of its outreach to the enterprise and healthcare markets. The two companies will work together to provide wireless solutions to customers who seek secure, reliable wireless networking See wireless network.  while also taking advantage of emerging location-aware applications.

About PanGo Networks

PanGo Networks(TM) is a recognized leader in the market for location-aware wireless systems for the enterprise market. PanGo's software solutions transform off-the-shelf 802.11 infrastructure into a platform for intelligent applications, solving real-world problems today. Through its flagship PanOS(TM) Platform and mobile applications, PanGo offers the industry's first comprehensive location-based system for real-time asset visibility and context-aware information delivery.

Specializing in a range of markets including healthcare, manufacturing, higher education, visitor attraction and government, PanGo delivers reliable and accurate information about the location of connected devices, people and assets. PanGo's location-aware systems enable optimal information management and workflow, and provide measurable and significant return on investment. For more information, visit http://www.pangonetworks.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 14, 2004
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