San Diego-based Awarepoint Corp., a dedicated real-time location system (RTLS) corporation in health care, has named Keith B. Pitts, vice chairman of Vanguard Health Systems (NYSE: VHS), to its board of directors.
In his role, Pitts will represent Heritage Group, a Nashville, Tenn.-based private health care investment firm that invested in Awarepoint in April.
Before joining Vanguard Health Systems, which operates 28 acute care and specialty hospitals and complementary facilities and services in Chicago; Detroit; Phoenix; San Antonio; Harlingen and Brownsville, Texas; and Worcester and Boston, Mass.; Pitts served as chairman and CEO of Mariner Post-Acute Network and its predecessor, Paragon Health Network, a home nursing management company. Prior to that he was an executive vice president and chief financial officer of OrNda Healthcorp, a hospital operator that Tenet Healthcare acquired in 1997 for $3.22 billion.
Heritage Group operates the Heritage Healthcare Innovation Fund (HHIF), a $167 million strategic venture fund backed by many of the nation's top hospitals, health systems and health care services firms. HHIF selected Awarepoint as its first investment in April. HHIF's limited partners include: Amedisys, Cardinal Health, Community Health Systems Inc., Health Care Service Corp., Intermountain Healthcare, Iowa Health System, LifePoint Hospitals, Memorial Hermann Healthcare System, Trinity Health (Novi, MI) and Vanguard Health Systems.