Mr. Peter Brereton reports

PRISMA HEALTH EXTENDS TECSYS PARTNERSHIP FROM DISTRIBUTION CENTER TO BEDSIDE

TECSYS Inc. is deploying its hospital point of use (POU) technology across its hospitals to improve visibility into product use at the point of care.

The rollout of POU extends a TECSYS supply chain technology stack at Prisma Health that already includes warehouse management system (WMS) and pharmacy inventory management system (PIMS), which is going live later this year. Prisma Health supports 1.6 million patients every year across its 19 acute care and specialty hospitals. TECSYS solutions will also support Prisma Health's new 112-bed behavioural health hospital under construction near Easley, S.C., schedulled to open in 2027.

Delivering care at that scale depends on knowing exactly what is on hand, where it is and when it needs to be replaced, across all care settings. Prisma Health first went live on the TECSYS platform in August, 2020, with WMS in its distribution centre, a foundation the health system is now building upon as PIMS and POU rollout.

TECSYS's POU captures product consumption at the bedside and in procedural areas, in real time, supporting more accurate charge capture, faster recall response, less waste and more accurate replenishment demand, all without adding a single step for the people delivering care and ensuring confidence in every case.

"Health systems need to know more than what they purchased and when. They need to know what is available, where it is and whether it will be there when care teams need it," said Peter Brereton, chief executive officer of TECSYS. "A missing medication or supply shouldn't be the reason care is delayed. Prisma Health is extending that visibility from the distribution centre to the point of care, helping its teams identify and address supply issues before they can affect the patient."

Together, TECSYS's WMS, PIMS and POU solutions give Prisma Health a connected view of inventory from the receiving dock to the bedside, delivering enterprise-wide visibility and control for managing medical supplies and medications across a growing health system.

About Prisma Health

Recognized as one of "America's most innovative companies" by Fortune, Prisma Health is a private non-profit health company with over 32,000 team members, 19 acute and specialty hospitals, 3,131 licensed beds, 320 practice sites, and more than 5,900 employed and independent clinicians across its clinically integrated inVio Health Network. Each year, Prisma Health serves more than 1.6 million patients in South Carolina and Tennessee.

About TECSYS Inc.

TECSYS is trusted by mission-critical organizations in health care and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, artificial-intelligence-driven software with deep domain expertise, TECSYS delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. TECSYS is publicly traded on the Toronto Stock Exchange (TSX: TCS).