what is roi of rtls in healthcare
TRANSCRIPT
Let’s take a brief look at some numbers
U.S. Healthcare wastes more than
U.S. Healthcare wastes more than
per year
U.S. Healthcare wastes more than
per year out of
total national health expenditure
Hospitals misplace or
lose
Hospitals misplace or
lose
of medical equipment
annually
Hospitals misplace or
lose
of medical equipment
annually
Hospitals misplace or
lose
of medical equipment
annually
of mobile assets are
stolen during their
useful life
Hospitals misplace or
lose
of medical equipment
annually
of mobile assets are
stolen during their
useful life
Medical employees spend up to
Hospitals misplace or
lose
of medical equipment
annually
of mobile assets are
stolen during their
useful life
Medical employees spend up to
of their time searching for
equipment
Only 50% - 60% of their infusion pumps were being utilized.
After implementing RTLS:
After implementing RTLS: • The hospital reduced the number of pumps purchased
from 300 to 250 which saved them $276,000 and an additional $27,000 in maintenance cost.
• In total, $303,000 by improving the visibility of infusion pumps through
The RTLS system they implemented generated nearly $1 million in savings the first year.
This included:
This included:• $250,000 on rental equipment
• $100,000 on budgeting for “shrinkage” (the common practice of intentionally purchasing more equipment than needed because of missing items)
• more than $600,000 in procurement-related expenses because of better utilization of equipment.
