TeleTracking

TeleTracking

Healthcare technology for patient flow management

About TeleTracking

Simplify's Rating
Why TeleTracking is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Healthcare

Company Size

201-500

Company Stage

Series C

Total Funding

$2M

Headquarters

Morrisville, North Carolina

Founded

1991

Overview

TeleTracking specializes in managing patient flow and providing advanced analytics for healthcare systems. Their software solutions help optimize the movement and care of patients, ensuring timely access to medical services. By offering real-time data and insights, TeleTracking enables hospitals and care facilities to monitor patient capacity, bed availability, and other important metrics, which is especially vital during high-demand situations like the COVID-19 pandemic. Unlike many competitors, TeleTracking operates on a subscription-based model, delivering their software as a service (SaaS) over the internet. This allows healthcare providers to make quick, informed decisions that enhance patient care and operational efficiency. The company's goal is to improve healthcare delivery by minimizing patient wait times and maximizing resource utilization.

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Simplify's Take

What believers are saying

  • TeleTracking's partnership with Upstate demonstrates proven financial ROI and operational excellence.
  • The launch of Capacity IQ enhances TeleTracking's capacity management offerings.
  • TeleTracking was named 2024 Best in KLAS for Patient Flow, highlighting industry recognition.

What critics are saying

  • Increased competition from AI-driven solutions like Laudio could threaten TeleTracking's market share.
  • New leadership under Anita Dressel may disrupt existing client relationships or processes.
  • Adoption challenges for Capacity IQ may arise if providers resist transitioning from current systems.

What makes TeleTracking unique

  • TeleTracking pioneered patient flow management, a concept that was non-existent in 1991.
  • The company offers real-time data analytics for patient flow and capacity management.
  • TeleTracking's SaaS model provides scalable solutions for healthcare systems.

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Funding

Total Funding

$2M

Below

Industry Average

Funded Over

1 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$2M
TeleTracking
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Medical/dental/vision 100% paid premiums

Pet insurance

TeleWellness program

Employee assistance program

Gym discount

401(k) match requires no vesting

Identity theft protection

Flexible spending accounts

Opportunities for internal career growth

Tuition reimbursement

TeleUniversity

100% paid parental leave

Disability leave

Generous PTO + 9 paid holidays

Paid volunteer time

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

-6%

2 year growth

-6%
TeleTracking
Mar 26th, 2025
TeleTracking & Upstate: Driving Operational Excellence and Efficiency through Partnership and Innovation

Through its partnership with TeleTracking, Upstate has proven the financial return on investment (ROI) of its operations platform, helping them better serve patients while optimizing internal processes.

TeleTracking
Feb 25th, 2025
Becker's Healthcare Annual Meeting

TeleTracking Technologies, Inc. is excited to once again exhibit at at this year's Becker's Annual Conference in Chicago, IL.

Technical.ly
Nov 11th, 2024
Edtech Company Niche Continues Pattern Of Downsizing After Layoffs

Strategic decisions around location, leadership and sustainability are key drivers of business growth.In this month’s Power Moves, sustainability takes center stage — whether through downsizing office space to align with post-pandemic workforce needs or expanding facilities to meet the demand for clean-energy manufacturing.Leadership changes at nonprofit Sustainable Pittsburgh and the announcement of a new power generator manufacturing facility highlight the region’s focus on both economic growth and environmental impact.Read on for more details on these developments after the chart showing the top desired tech skills and corresponding median salaries for the month.Niche to move headquarters closer to Strip District TerminalThe edtech company Niche is set to relocate its headquarters down the street from its current location on Liberty Avenue in the Strip District to the Vision on Fifteenth, a building on Smallman Street near the Strip District Terminal. The move was described by Pat Gruden, a long-time company representative, as part of a strategic decision to downsize following the COVID-19 pandemic. The new facility is about 7,400 square feet smaller but more walkable to neighborhood amenities In March, the company quietly laid off 7% of its total staff, leaving the firm with around 300 total employees. This came after the company made headlines in recent years for large funding raises, including a $35 million Series C funding round in 2020.Sustainable Pittsburgh executive director announces departureSustainable Pittsburgh Executive Director Joylette Portlock announced she will step down from her leadership position at the nonprofit by the end of 2024. Portlock led Sustainable Pittsburgh for six years, overseeing a full organizational rebrand and the launch of a new workplace recognition program that awards designations to companies that meet sustainability criteria. Sustainable Pittsburgh Executive Director Joylette Portluck (Courtesy of Sustainable Pittsburgh) Portlock also worked to establish the Clean Energy Workforce Roundtable in 2021. The initiative gathers key stakeholders to promote equitable workforce development to meet the demand for clean energy workers. The company is responsible for additional groups that work to foster sustainable and equitable economic growth, including the CEOs for Sustainability and the Sustainability Practitioners Network. “I’ve come to understand that leadership, especially on sustainability, may best be understood as neither a sprint, nor a marathon – it’s a relay,” Portlock said in a news release

The Manila Times
Oct 24th, 2024
TeleTracking Launches Capacity IQ(R): A New Era in Capacity Management Solutions

Pittsburgh, PA, Oct. 24, 2024 (GLOBE NEWSWIRE) - TeleTracking Technologies, the pioneer in patient flow and capacity management solutions, is proud to announce the launch of Capacity IQ, the SaaS version of its industry-leading Capacity Management Suite(R).

GlobeNewswire
Oct 10th, 2024
Anita Dressel named President of TeleTracking Technologies

Pittsburgh, PA, Oct. 10, 2024 (GLOBE NEWSWIRE) - TeleTracking Technologies announces the appointment of Anita Dressel as President.

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