Details

Achieving Hard-Dollar Cost Savings through Location-Enabled Asset Management Processes

Webinar Date: ON DEMAND
Webinar Length: 60 min.

Webinar Overview:
Effectively and efficiently managing the use of medical equipment in a hospital can be challenging. However, with the real-time information provided by today’s RTLS technologies, combined with improved processes that leverage this real-time information, hospitals can achieve and maintain efficient equipment management results. Benefits include substantial and recurring hard-dollar cost savings, increased “value added” time for hospital staff (thus increasing time at the patient’s bedside), and increased staff satisfaction. This session will explore how deployment of RTLS technologies and improved asset management processes can result in hard-dollar cost savings through reduced rentals and procurement.

Webinar Objectives:
1. Describe the impact of real-time locating technology on effective asset management
2. Discuss specific processes to reduce rental costs and procurement expenses
3. Share best practices for maintaining optimal equipment inventories

Speaker: Marcus Ruark , M.S. in Engineering Management, Stanford University
Director of Business Development, Intelligent InSites

About the Speaker:
Marcus Ruark is a seasoned technology executive with a deep understanding of healthcare operations and business processes. He has helped many healthcare providers develop real-time location and process automation strategies to improve key operational processes. Ruark earned a Bachelor of Science degree in Electrical Engineering and a Master of Science degree in Engineering Management, both from Stanford University.

Webinar Description:
Managing the use of medical equipment in a hospital can be challenging, yet applying proper asset management processes with real-time information allows hospitals to achieve and maintain efficient equipment management results. This session will explore how automating asset management through the use of the RTLS technology can provide a strong and measureable ROI in two primary areas:

• Reduction in Rentals – by implementing a few key location-enabled rental management processes, rental expenses for specialty beds, wound vacs, CPMs, infusion pumps, and other equipment can be dramatically reduced; and

• Reduction in Equipment Purchases – by understanding actual utilization rates of equipment and by improving equipment workflows with real-time information, optimal equipment inventory levels can be achieved and maintained, reducing equipment-related costs such as procurement expenses, replacement expenses, equipment repairs, and ongoing preventative maintenance expenses.

In addition to the hard-dollar cost savings, significant productivity enhancements are gained by allowing care givers, biomedical engineers, transporters, and other staff the ability to instantly locate and view the status of any monitored piece of equipment via a browser on any computer or any handheld device, such as PDA, iPhone, or iPad.

Session participants will leave the session supplied with a wide-range of ideas on how hospitals can drive efficiency in asset management through location-enabled processes, resulting in verifiable hard-dollar cost savings.

Register today, so you don’t miss your chance to learn how to achieve hard-dollar savings!

System Requirements:
Windows 7, Vista, XP or 2003 Server or Mac OS X 10.5 or newer
Windows Media 9 or higher is required to view the recording