Patient Home Monitoring Selects Apacheta’s Advanced Mobile Delivery Management Solution to Drive Operational Efficiencies
Tablet-based System Optimizes Home Medical Equipment Delivery
MEDIA, PA – May 27, 2015 – Apacheta announced today that Patient Home Monitoring, a leading provider of home medical equipment, supplies and services, has selected Apacheta’s industry-leading mobile delivery management solution. This next generation tablet-based solution will be used to optimize delivery operations of home medical equipment (HME) to patients across the United States.
“Our goal is to leverage best-in-class technology to drive down operational costs, reduce order to cash cycles, and increase our compliance with payers in a highly regulated environment,” said Jess Cuthbert, COO for Patient Home Monitoring. “By partnering with Apacheta we can streamline our operations to reach new levels of efficiency.”
Patient Home Monitoring (PHM) will roll out Apacheta’s mobile delivery management solution to gain real-time visibility of its expanding mobile workforce. This comprehensive cloud-based solution includes Apacheta’s TransportACE mobile delivery application and Transport Manager scheduling and dispatch system. The Apacheta solution is integrated with Brightree’s cloud-based business support software to eliminate paper forms and automatically trigger electronic invoicing to accelerate payments.
PHM field personnel will carry tablets running TransportACE, which provides HME-specific workflows for load management, barcode scanning, electronic forms, dynamic trip management and electronic proof-of-delivery with signature capture. Using Transport Manager, PHM dispatchers will plan, schedule, dispatch and monitor field force activity in real-time. Transport Manager will allow PHM to view truck locations and delivery status on a map and track key operational metrics such as exceptions, stops made and time spent per stop.
“Apacheta’s mobile delivery management solution will enable PHM to reduce paper, optimize productivity, track deliveries and assets, and accelerate time to revenue for medical claims, while improving patient outcomes,” stated James Wee, vice president of business development and sales for Apacheta.
About Apacheta Corporation
Apacheta Corporation provides mobile workforce management solutions that bring best-practice workflows to medical logistics, transportation, consumer packaged goods, and field service businesses. Apacheta solutions improve customer satisfaction, reduce costs, and increase revenue with next-generation mobile applications that run on Android, iOS, and Windows Mobile tablets, smartphones and rugged devices to streamline delivery, sales and service operations. Apacheta software is the foundation for mission-critical mobile applications for Dr. Pepper Snapple Group, Bimbo Bakeries USA, United Rentals and many others. For more information, visit www.apacheta.com.
PHM is an acquisition-oriented, fast-growing and profitable company servicing patients with heart disease and other chronic health conditions. PHM is focused on acquiring companies in a highly fragmented and developing market of small privately-held companies servicing chronically ill patients with multiple disease states caused mainly by age and obesity. Because of the new and highly fragmented nature of the market, PHM is actively identifying and evaluating profitable, annuity-based companies to acquire at favorable prices for their patient databases and technical expertise. PHM’s post-acquisition organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient, consolidating the patient’s services and making life easier for the patient. The expected result is growing EPS with each acquisition and growing revenue and profits from the cross selling efforts.
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Information in this news release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of the future outlook of PHM and anticipated events or results, are assumptions based on beliefs of PHM’s senior management as well as information currently available to it. While these assumptions were considered reasonable by PHM at the time of preparation, they may prove to be incorrect. Readers are cautioned that actual results are subject to a number of risks and uncertainties, including the availability of funds and resources to pursue operations, decline of reimbursement rates, dependence on few payors, possible new drug discoveries, a novel business model, dependence on key suppliers, granting of permits and licenses in a highly regulated business, competition, difficulty integrating newly acquired businesses, low profit market segments as well as general economic, market and business conditions, and could differ materially from what is currently expected. This press release refers non-GAAP and non-IFRS financial measures that do not have standardized meaning prescribed by GAAP or IFRS. PHM’s presentation of these financial measures may not be comparable to similarly titled measures used by other companies. These financial measures are intended to provide additional information to investors concerning PHM’s performance.