TRACPATCH HEALTH AWARDED AN INNOVATIVE TECHNOLOGY CONTRACT FROM VIZIENT FOR ITS TRACPATCH KNEE DIGITAL HEALTH SOLUTION

February 1, 2021 – Sacramento, CA: TracPatch Health, a leader in wearable data monitoring for musculoskeletal health, announced its TracPatch Knee remote patient monitoring solution has received an Innovative Technology contract in the category of Wearables from Vizient, Inc., the nation’s largest member-driven health care performance improvement company. The contract was awarded based on recommendations by hospital experts and signifies to Vizient members unique qualities that potentially bring improvement to the patient and provider in the orthopedic industry.

Innovative Technology contracts are recommended after review and interaction with products submitted through Vizient’s Innovative Technology Program. Vizient member-led councils identify technologies that have the potential to enhance clinical care, patient safety, health care worker safety or improve business operations of health care organizations.

TracPatch Knee is a digital health solution designed to make recovering at home easily accessible, connected, and more predictable. TracPatch Knee is a 24/7 passive, continuous and platform-agnostic remote monitoring system that includes 2 non-invasive, surface sensors that synchronize with the patient and healthcare provider mobile apps and a healthcare provider web portal.

This fully integrated technology is supported by the TracPatch Success team, allowing providers to customize their workflow to be as involved with the implementation of TracPatch as needed. The TracPatch Success Team assists in onboarding and educating the provider’s team and patients, reviewing patient trends to ensure compliance and monitoring adverse events throughout the episode of care.

“We are looking forward to working with Vizient and their member organizations to improve patient satisfaction and surgical outcomes through the use of the TracPatch Knee products,” shares Colleen Gray, CEO of TracPatch Health.

Vizient represents a diverse membership base that includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks, and non-acute health care providers and represents more than $110 billion in annual purchasing volume. Through its Innovative Technology Program, Vizient works with member-led councils and task forces to evaluate products for their potential to bring real innovation to health care.

TracPatch Health helps to maximize the probability of a successful episode of care by focusing on key metrics for patient compliance and providing early detection for intervention of adverse events, such as arthrofibrosis and infection. This results in reduced readmissions, cost containment, and better patient satisfaction with optimal clinical outcomes.

About TracPatch® Health, Inc.

TracPatch Knee was developed and incubated within Consensus Orthopedics, Inc. and has since

grown to be TracPatch Health, Inc., an independent company committed to innovative healthcare technology that reduces healthcare providers’ costs, while improving patient outcomes. TracPatch Health launched its first beta program in 2019, while TracPatch Knee was released commercially in 2020. Alongside the introduction and adoption of TracPatch Knee, TracPatch ACL, Core & Hip, and Spine are all scheduled to release in 2022. After completing the sale of the Consensus implant assets and recapitalization in the second quarter of 2021, Tracpatch Health is positioned to be the leader in remote patient monitoring data for musculoskeletal health.