Censis Technologies

Censis Technologies

Censitrac, a web-hosted and subscription.

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Censis Technologies, established in 2001 and headquartered in Franklin, Tennessee, operates as a specialized provider of surgical asset and inventory management software for the healthcare sector. The company primarily serves hospitals and ambulatory surgical centers, offering them software-as-a-service (SaaS) solutions to enhance workflow efficiency and ensure regulatory compliance within their sterile processing departments (SPDs). Revenue is generated through the distribution and implementation of its software applications.

The company was founded by Stuart McWhorter. A significant milestone in the company's history was its acquisition by Fortive Corporation, a diversified industrial technology company, in November 2019. This acquisition was intended to support Censis's continued growth and innovation in the healthcare safety and quality sector. Prior to this, in October 2018, Censis acquired Applied Logic, a surgical tracking software company, which expanded its client base to over 1,300 hospitals across North America. Randy Smith joined Censis in 2005 and was promoted to CEO in 2006, leading the company until his retirement in March 2022. Under his leadership, the company significantly grew to become a major provider of surgical asset management solutions in the United States.

Censis's flagship product is CensiTrac®, a web-based surgical instrument tracking system. This system provides detailed traceability for each surgical instrument throughout its entire lifecycle, from sterilization to the operating room and back. It utilizes technologies like barcode scanning and RFID to monitor instruments, reduce the risk of retained surgical items, and improve overall operational efficiency. The platform offers features such as seamless integration with OR schedulers, access to cleaning instructions, competency verification for technicians, and an intelligent maintenance system. More recently, the company introduced CensisAI², a platform that leverages artificial intelligence to provide predictive analytics and actionable insights for sterile processing departments. This includes modules for instrument recovery to reduce costs from lost or damaged instruments, and to improve productivity and quality control.

Keywords: surgical instrument tracking, sterile processing department, asset management software, healthcare technology, perioperative efficiency, CensiTrac, SaaS, hospital inventory management, ambulatory surgical centers, regulatory compliance, patient safety, Fortive, operating room workflow, surgical asset management, SPD software, CensisAI², medical device tracking, healthcare compliance, endoscope reprocessing, LoanerLink

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Investments by Censis Technologies

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Applied Logic
ACQUISITION by Censis Technologies Oct 2018