Michael G. Zamagias is the majority owner, and Chairman of the Board, for Pittsburgh-based TeleTracking Technologies, Inc. TeleTracking is the world-leading producer of automated patient flow solutions and services helping to relieve hospital overcrowding and improve throughput. TeleTracking’s revenues have grown at an average rate of 26% since 2003, and TeleTracking has grown to over 225 employees throughout the United States, Canada and the United Kingdom. The privately-held, Pittsburgh-based firm has over 1,750 patient flow solutions installed and working in more than 800 of the best-known hospitals and health systems in the United States, Canada and the United Kingdom.
TeleTracking’s suite of solutions address virtually every point along the patient flow continuum, creating an enterprise-wide platform, or “operational backbone,” called Real-Time Capacity Management.™ This platform automates a hospital’s or health system’s functional operations and powers live information to the entire enterprise via easy-to-read, graphics-rich “digital dashboards” that provide executives, managers and placement specialists with a live “motion picture” of patient, staff and asset location, bed capacity and critical workflow data.
The company, the KLAS category leader, has grown by over 500 percent in the past decade and holds an 80 percent share of the penetrated capacity management market, including most of the nation’s top hospitals, as recognized by U.S. News and World Report, Thomson-Reuters and Becker’s It has enjoyed a 95 percent or better client retention rate since its founding.