The company expanded its healthcare technology footprint with new hospital deployments, industry recognition, and RTLS integrations.

Vizzia Technologies, a software and managed service provider of real-time location systems (RTLS) for healthcare organizations, announced it achieved record growth in 2024, driven by the acquisition of HID Corporation, hospital real-time location systems (RTLS) go-lives, and industry recognitions. 

Vizzia acquired HID Corporation, a Gartner 2024 Magic Quadrant leader for indoor location services, which the market is forecasted to reach $55 billion by 2030, last summer, enhancing its healthcare RTLS offerings with advanced asset management, environmental monitoring, and patient workflow solutions.

“I am tremendously proud of our team and their dedication in supporting our premiere healthcare customers to streamline workflows and increase patient safety,” says Andrew L. Halasz, founder and CEO of Vizzia Technologies, in a release. “Together with HID, we will continue to provide innovative solutions in collaboration with clinicians and technologists, as Vizzia celebrates its 20th anniversary in 2025.”

Headquartered in Austin, Texas, HID Corporation has over 4,500 employees worldwide.

Other highlights of 2024 include:

  • Hospital Go-Lives: Vizzia’s innovative solutions were deployed at various health systems. A $2 billion pediatric hospital integrated Vizzia’s advanced asset management service. A health system serving more than 5 million patients annually utilized Vizzia’s automated hand hygiene monitoring technology.
  • Industry Recognition: The Healthcare Technology Report named CEO Andrew L. Halasz a Top 50 CEO, CFO Sheila L. Bailey a Top 50 women leader, and Vizzia a Top 25 company. Inc. 5000 recognized Vizzia as one the fastest-growing private companies in America (for the fifth time), due to the company’s triple-digit revenue growth.
  • RTLS Integrations: New Vizzia InVIEW platform APIs are designed to streamline workflows and enhance safety. Key integrations include Epic EHR (automating patient information), Microsoft Entra ID (secured applications access), Get Well 360 (increased patient satisfaction), Nuvolo CMMS (enterprise workflows), and Lynx Systems (enhanced staff safety).
  • Thought Leadership: Appointed health informatics leader Petrena U. Saunders to the company’s board of advisors. Published academic research in collaboration with Georgia State University’s Lewis College of Nursing and Health, addressing the estimated $14 billion per year in lost clinical staff productivity.

Summary:

Vizzia Technologies reported record growth in 2024, driven by its acquisition by HID Corporation, the expansion of its real-time location system (RTLS) solutions in hospitals, and industry recognition. The acquisition strengthened Vizzia’s healthcare RTLS offerings, enhancing asset management, environmental monitoring, and patient workflow capabilities. The company also saw multiple hospital go-lives, including deployments at a $2 billion pediatric hospital and a major health system. Additionally, Vizzia was recognized for its leadership and innovation, with its CEO and CFO receiving industry accolades, and the company making the Inc. 5000 list of fastest-growing private companies.

Key Takeaways:

  • HID Acquisition Expands RTLS Offerings: Vizzia’s acquisition by HID Corporation bolstered its RTLS capabilities, particularly in asset tracking and patient workflow solutions.
  • Hospital Deployments Drive Growth: The company saw increased adoption of its RTLS technology, with notable implementations at a pediatric hospital and a large health system.
  • Industry Recognition and Innovation: Vizzia’s leadership team received industry honors, and the company continued to develop new RTLS integrations and research collaborations.

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