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	Source Atlantic launches Hourglass

News

Source Atlantic launches Hourglass, the first web-based capital management platform

Rockland, MA., February 26, 2002

Source Atlantic, a leading provider of technology and partnership services for the Healthcare industry, announced today the release of their new Web-based capital management platform, Hourglass. Hourglass is a series of modules designed for hospitals and IDNs to assist in managing capital budgeting and forecasting, equipment planning, aggregation, procurement, and asset management. Each module is designed as either a stand alone application or seamlessly integrates into a complete capital management platform.

With Hourglass, hospitals can aggregate their project capital needs with their year to year requirements to standardize and optimize the capital budget process.

“Hourglass is the culmination of 25 years of product development and capital planning and procurement experience,” said William McGowen, CEO at Source Atlantic. “For years we have saved clients thousands of hours and millions of dollars and now offer this technology directly to Planners, Architects, Hospitals and IDNs”.

About Source Atlantic

Source Atlantic combines high technology and partnership services to be the leader in capital planning, procurement, and logistics for the healthcare industry. With the introduction of Hourglass, Source Atlantic offers a window into the entire capital lifecycle.

For information on Source Atlantic’s Hourglass Platform or Partnership Services, visit them at www.sourceatlantic.com or contact Steve Sperrazza at (781) 871.8500.