CenTrak is a leading provider of real-time location systems (RTLS) for the healthcare industry, specializing in tracking hospital staff, patients, and assets. The company operates in the healthcare technology market, serving over 1,700 world-class healthcare facilities globally. CenTrak's core product is its Clinical Grade Visibility technology, which offers the most accurate hospital asset tracking system available. This technology integrates seamlessly with existing and new applications such as Nurse Call, Electronic Health Records, Capacity Management, Bed Management, Asset Management, Computerized Maintenance Management, and Hand Hygiene Compliance. CenTrak's business model revolves around selling and implementing its RTLS solutions, which help healthcare facilities increase productivity, streamline workflows, enhance patient and staff satisfaction, and reduce operational costs. The company generates revenue through the sale of its technology solutions, as well as ongoing support and maintenance services. CenTrak's solutions empower patients and residents by providing a sense of control and freedom while ensuring their safety and security. Additionally, the technology aids in containing infectious outbreaks by tracking interactions between patients, clinical staff, and facility equipment. CenTrak also offers enhanced communication capabilities for staff, faster response times for patients, and robust data collection for administrative reporting and analysis.

Keywords: RTLS, healthcare technology, asset tracking, patient safety, staff efficiency, workflow optimization, infection control, data integration, operational cost reduction, patient satisfaction.