WaveMark® is Awarded a Contract by Phoenix Health Care Management Services/VHA Georgia to Provide RTIM Solution for Member Hospitals to Achieve Optimized Clinical and Economic Performance

WaveMark CIMS™ is Contracted Solution for VHA Georgia’s 73 Member Hospitals

LITTLETON, Mass.--(BUSINESS WIRE)--WaveMark, Inc., a leading provider of real-time inventory management (RTIM) solutions for high value medical products, today announced its clinical inventory management solution, WaveMark CIMS, has been awarded a contract by Phoenix Health Care Management Services/VHA Georgia as a solution for its member hospitals and hospital networks to manage high value, specialty inventory to improve patient care, clinical workflow and financial outcomes.

"Strong relationships like this are integral to hospitals getting access to the best solutions to improve patient safety and financial performance. WaveMark is honored to be chosen by Phoenix Health Care Management Services/VHA Georgia and is proud that our solution meets their rigorous requirements. One of WaveMark’s founding principles is to make technology solutions accessible to all providers. A contract with Phoenix Health Care Management Services/VHA Georgia will enable its member hospitals to benefit from leading edge technology that improves patient safety, streamlines clinical workflow and maximizes cost containment,” said Patrick Littlefield, founder of WaveMark.

Already successfully deployed in hospital specialty departments across the country, WaveMark CIMS helps hospitals achieve optimized inventory levels, better management of product expirations and recalls, and improved charge capture. WaveMark CIMS uses RFID cabinets and Point of Service readers to collect information that enables real-time inventory management. The use of RFID in the process ensures accuracy and timeliness of information captured and the streamlined workflow enables clinicians to spend more time on patient care and less time manually tracking inventory and product usage.

About WaveMark

WaveMark, Inc. is a leading provider of real-time inventory management (RTIM) solutions for high value medical products. WaveMark leverages its proven expertise in Radio Frequency Identification (RFID) and network technology to help healthcare providers and medical device suppliers address key concerns in healthcare including cost containment, patient safety, and regulatory compliance. Committed to a more efficient healthcare supply chain, WaveMark’s solutions are available on a subscription basis and eliminate manual processes, reduce costs and streamline workflows for hospitals and suppliers. WaveMark’s clinical and field inventory solutions offer product-level visibility and highly effective inventory control, which support regulatory compliance and a rapid return on investment. WaveMark solutions are deployed in specialty areas such as Cardiovascular Labs, Electrophysiology Labs, Interventional Radiology Suites as well as Operating Rooms. For more information, visit www.wavemark.net.

WaveMark is a registered trademark of WaveMark, Inc. WaveMark CIMS is a trademark of WaveMark, Inc.