| News < July 23, 2002 |
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Sensitron introduces - Health Resource Management - Enterprise Software Platform
July 23, 2002 -- Sensitron, Inc., a Silicon Valley software technology company introduces HRM (Health Resource Management) an enterprise software platform for the health industry. Just as CRM, a technology utilized by most corporate sectors worldwide and currently a $20 billion industry, created new tools to manage customer relationships, HRM, pioneered and introduced by Sensitron, is creating a category of medical information technology systems that automates data capture and bridges information and knowledge for those who need to know. Sensitron provides an HRM System that lays down a structure for integration of work flow, patient data, and systems interfaces to deliver accessible, timely, decision support knowledge.
Rajiv Jaluria, President & CEO of Sensitron, who co-founded the company with Dr. Ashok Kapoor comments, "We need to address the crisis in worldwide healthcare delivery. Costs are spiraling out of control coupled with nursing shortages, medical breakthroughs that only the wealthy can afford, and mountains of paperwork that lead to errors, worker frustration, and delayed reimbursement." Research indicates healthcare CEO's are looking for affordable IT systems that can improve efficiency in resource management, reduce paperwork and medical errors, generate billing efficiencies, and improve quality of care. "Our mission is to improve the quality of care by presenting knowledge-based, patient-specific information to key medical personnel in real time enabling them to make collaborative decisions on the spot."
US healthcare spending has gone from $988.5 billion in 1995 to $1.4 trillion in 2000 and is expected to reach $2.1 trillion by 2007. In 1999 the US national expenditure for hospitals was $423 billion and continues to increase. Solutions such as HRM will be implemented by healthcare organizations to balance the need to deliver quality care and meet patient demands with the need to manage expenses. The cost-effective careTrends™ HRM System from Sensitron delivers automated presentation of prioritized, current and historical multiple vital signs data so nurses and other care givers can intervene more quickly and save precious minutes with a better overall plan of action.
Sensitron took the opportunity of introducing HRM to the industry at the IIR Telecoms and Technology European Congress held in Geneva on 18th June, 2002 in a Case Study presented by Rajiv Jaluria.
About Sensitron: Sensitron, Inc. is a Delaware company headquartered in Silicon Valley. The careTrends™ HRM System from Sensitron connects patients to healthcare professional in a profoundly meaningful way. The four key components are: secure, private, reliable, and rapid wireless data transmission; a knowledge-based engine that analyzes data real-time for presentation of multi-parameter, actionable information; data storage that is secure and at the same time accessible to interface with associated information bases; and wireless, patient-centric data capture and presentation (via PDA) of vital signs and other related information. The benefits are time savings and improved quality of care with a significant ROI. The technology underlying the careTrends™ HRM System includes: SPP (Sensitron Personalization Protocol) that provides secure, highly reliable data transmission; Sensitron knowledge-based engine for simultaneous, multi-variant vital signs analysis; the latest in low cost, low power Bluetooth wireless communication; and cost-effective, easy-to-use, battery operated FDA cleared medical instruments.
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