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Asset Management & RTLS Asset Tracking

Asset Management & RTLS Asset Tracking

Get the most out of your hospital assets

The current state of the healthcare industry is inefficient. 140 billion dollars are lost every year in US hospitals due to inefficient management of operations1. Nurses spend up to 30% of their time by searching for assets2. An average asset in a hospital remains underutilized for more than 50% of its lifespan3. On the other hand Conventional inventory counting methods can take weeks or even months. By the time you finish counting, the inventory has already changed, and the inventory result does not reflect reality. The result is extra labor costs and wrong decisions with an inaccurate inventory list.

RFID (Radio Frequency Identification) technology enables you to complete your whole counting process within a couple of days in the most accurate and fastest way. You do not even need to enter rooms to count your inventory. During the inventory counting process, you can instantly identify misplaced and missing assets using your mobile application, reducing over-purchase and rentals. Following the implementation of RFID enabled Asset Inventory Management product in the World’s Third Largest Hospital4 with 129K assets, the counting duration was reduced from 6 weeks to 3 days with 1 staff. And asset misplacement has been reduced by 90%.

RFID (Radio Frequency Identification)  technology enables you to complete your whole counting process within a couple of days in the most accurate and fastest way. You do not even need to enter rooms to count your inventory.   During the inventory counting process, you can instantly identify misplaced and missing assets using your mobile application, reducing over-purchase and rentals. Following the implementation of RFID enabled Asset Inventory Management product in the World’s Third Largest Hospital4 with 129K assets, the counting duration was reduced from 6 weeks to 3 days with 1 staff. And asset misplacement has been reduced by 90%.

 

With Asset Inventory Management, you can now access your most recent asset inventory list, but how well are these assets being used? You may believe that the number of assets of your particular type is insufficient. However, their placement and allocation within the hospital may be incorrect. On the other hand, the number may be adequate, but it is unavailable when needed for patient care.

 

How it works

  • Battery-operated NB-IoT/LTE Cat-M based tag produced by Borda Technology is positioned on a suitable place in the quarantine location to create a geofence in which the person has to stay for 14 days.
  • Bluetooth enabled wristbands are worn by the residents.
  • Each tag is registered in the system with their ID numbers.
  • An alarm is displayed on the screen of the authors if residents attempt to leave the Geofence area.
  • The person is given an audible warning via the tag in the house.
  • Removing the wristband triggers an alarm if attempted.

June 23,2020

Ozlem Elif Colak
Marketing Manager
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