PAR Excellence Systems, a provider of supply chain and cost management solutions for the healthcare sector, has announced its merger with TrackCore, Inc., a specialist in automated tissue and implant tracking software. This strategic combination follows PAR’s recent acquisition of NotiSphere and advances its goal of enhancing patient safety, regulatory compliance, and operational efficiency. TrackCore supports more than 1,300 healthcare facilities, including the Department of Veterans Affairs and the Defense Health Agency, by offering solutions that automate the tracking of surgical implants and biological tissues. The merger will help healthcare organizations streamline regulatory compliance, reduce costs, and minimize waste while improving clinical workflows.
By integrating TrackCore’s cloud-based software and RFID capabilities with PAR’s inventory management technology, the combined company will offer an end-to-end platform for managing consumables and high-value surgical implants. This unified system will help hospitals eliminate fragmented inventory solutions and achieve cost savings while ensuring compliance with FDA and Joint Commission standards. Scott MacGregor, CEO of TrackCore, stated, “By joining forces with PAR, we can expand our impact and provide an unmatched end-to-end solution that enhances clinical and operational outcomes.” The merger positions the combined organization to deliver comprehensive solutions that improve inventory visibility, optimize workflows, and enhance both clinical and financial outcomes for healthcare providers.
