Summary: Cognosos has acquired Cox Prosight, a real-time location service (RTLS) platform designed for hospitals, to enhance its AI-native location technology. This integrated solution aims to address operational challenges in healthcare by providing room-level accuracy and robust analytics, accessible to hospitals of all sizes.

Key Takeaways:

  • The acquisition combines Cognosos’ AI-powered location technology with Cox Prosight’s analytics, creating an RTLS solution for improved operational efficiency and safety in hospitals.
  • This expanded platform will support multiple hardware providers, allowing hospitals to make data-driven decisions and improve patient care across diverse healthcare settings.

Cognosos announced the acquisition of Cox Prosight, a real-time location service (RTLS) platform purpose-built for hospitals. This strategic move will unite Cognosos’ AI-native location technology with Cox Prosight’s software platform, providing hospitals with an RTLS solution to address critical operational challenges.

“Today is a significant milestone in Cognosos’ journey,” said Braxton Jarratt, CEO of Cognosos. “Over the last several years, both companies have made massive, complementary investments to provide critical visibility, efficiency, and safety to healthcare workers and patients. The integration of these two like-minded technology platforms reinforces our commitment to equipping hospitals with the tools they need to fulfill their mission to provide outstanding care to patients.”

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Enhanced Analytics and Reporting Capabilities

Cox Prosight has developed an extensible platform that integrates with multiple hardware vendors and is noted for its analytics and reporting capabilities. The integrated solution from Cognosos and Cox Prosight will directly address the increasing challenges in the healthcare industry, according to the company. By combining both systems into an extensible cloud-based platform, RTLS will be available to hospitals of all sizes, helping administrators make data-driven decisions to address the developing needs of hospitals and amplify patient care.

AI-Driven Location Intelligence

Cognosos’ LocationAI, the AI-native location intelligence technology, offers room-level accuracy without the need for in-room infrastructure, functioning across campus environments, both indoors and outdoors. Used by hospitals across the US—as well as over half of the top automotive manufacturers in North America—Cognosos helps organizations identify operational and safety issues to save time, reduce shrinkage, and uncover bottlenecks.

“The addition of Cox Prosight expands our platform and accelerates our vision of providing healthcare systems with the tools needed to address critical operational challenges,” said Adrian Jennings, chief product officer at Cognosos. “Additionally, we’re excited about its ability to run across multiple hardware providers which instantly expands our portfolio of supported devices. With our combined resources, important new product offerings and functionality are planned for release in the coming months.”