Care Thread Partners With Yankee Alliance to Provide Secure Messaging Solution

Access to Care Thread's Proven Technology Will Help Hospital Care Teams Across the U.S. Securely Enhance Collaboration

PROVIDENCE, RI--(Marketwire - Dec 10, 2012) - Care Thread, a provider of secure mobile messaging and team-based collaboration solutions, announced today its partnership with Yankee Alliance, a group purchasing organization (GPO). This partnership will allow over 96 acute care hospitals and more than 12,800 member sites in the Yankee Alliance network to maximize communications and productivity across care teams by leveraging the Care Thread platform.

Founded by a management team with extensive healthcare and IT experience, Care Thread delivers a HIPAA-compliant mobile messaging solution that enables hospitals to support real-time mobile communications while avoiding the security risks of provider texting and the potential for breach. Care Thread maps each patient's hospital provider care team and utilizes a suite of tools, including hand-off summaries and task lists, that are shared amongst team members to foster better care coordination. These tools help promote improved teamwork, care coordination and patient safety while reducing time to discharge. In establishing the partnership with Yankee Alliance, Care Thread can now offer its technology to a wide array of healthcare organizations across the country that the GPO counts among its member pool.

"The partnership with Care Thread will enable Yankee Alliance member organizations to have access to groundbreaking technology," said Craig Shoukimas, Director of Contracting for Yankee Alliance. "Care Thread's technology is an asset we feel our members can use to their advantage and directly affect the quality of care a patient receives."

Care Thread shares in the Yankee Alliance mission to reduce supply and operating expenses through aggregation of data, purchasing, ideas and knowledge and to excel in strategic innovations that continually assist members in reducing their costs while recognizing their individual needs. Similarly, Care Thread exists to deliver a HIPAA-compliant mobile messaging solution that allows users to reap the productivity and financial benefits of Bring Your Own Device (BYOD) programs, further improving operating efficiencies, increasing provider productivity and satisfaction, and raising the overall quality of patient care.

"We are pleased to have formed this strategic relationship with Yankee Alliance, and look forward to delivering a solution to its members that enhances the collaboration and security of care team communications," said Scott Guelich, MD, co-founder and CEO of Care Thread. "Our team is excited to engage with Yankee Alliance members to help them identify new ways to leverage mobile devices to the benefit of their patients while maintaining full compliance with HIPAA and HITECH guidelines."

About Care Thread
Care Thread provides secure mobile messaging and team-based collaboration solutions that empower hospital providers to maximize communications and productivity across care teams. Founded by a management team with extensive healthcare and IT experience, Care Thread exists to deliver a HIPAA-compliant mobile messaging solution that provides every member of the care team with real-time information detailing a patient's status and treatment. Care Thread's suite of collaboration tools foster best practices through hand-off summaries for care transitions and task lists that can be shared with a patient's care team, and help promote improved teamwork, care coordination and patient safety while reducing time to discharge. For more information, visit http://www.carethread.com or follow Care Thread on Twitter: https://twitter.com/carethread.

About Yankee Alliance
Yankee Alliance, a member of Premier Inc., is a group purchasing organization founded in 1984 on a belief in collaboration. That working together can achieve more than working alone. Their mission is twofold: to work with members to reduce supply and operating expenses through aggregation of data, purchasing, ideas and knowledge and to excel in strategic innovations that continually assist members in reducing their cost while recognizing their individual needs. In 2012, Yankee Alliance remains true to the foundational belief in collaboration and has grown to over 12,800 members in all class of trades across all 50 states. Yankee Alliance has been recognized by Modern Healthcare as one of the Best Places to Work in Healthcare in 2010 and 2011. For more information, visit www.yankeealliance.com.

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