Supply chain visibility. Improving Operating Efficiency and Care through Technology

Transcription

1 Supply chain visibility Improving Operating Efficiency and Care through Technology

2 Now you can Control Costs and Improve Care at the Same Time Controlling costs while maintaining high quality patient care is an ongoing healthcare challenge. Skytron s SkyTrac is an efficient inventory management system that gives healthcare facilities complete SUPPLY CHAIN VISIBILITY to create and maintain an effective cost-quality balance. Supply chain visibility, coupled with business intelligence, will give your facilities the tools needed to have the right products on hand when needed and give you real-time information as to how and where they are being used. SkyTrac will solve under- and overstocking, prevent shrinkage and help you to increase revenue by tracking consumables at the patient point of care. SkyTrac even alerts you to expired consumables; mitigating major regulatory and patient safety risks. The Advantages of Supply chain visibility The Next Wave of RTLS For tracking capital mobile assets, hospitals increasingly are turning to Real-time Location Services Increased Charge Capture Seamless Integration Improved Patient Service (RTLS). SkyTrac Centralized Clinical Inventory Management System (CIMS) is the next wave of RTLS: A real-time consumable assets tracking system. Increased Efficiency Improved Patient Safety Improved Compliance SkyTrac Enhanced Business Intelligence Optimized Workflow Reduced Inventory Costs SkyTrac CIMS leverages RFID and network technologies to track and manage consumable assets. You can view online the data collected from RFID tags, readers and smart cabinets and track inventory throughout every stage of care.

3 Seamless Integration with HIS, EMR and ERP systems for unilateral visibility and elimination of redundant data entry to increase operational efficiency. Optimized Workflow through the elimination of manual data entry and a reduction in the time it takes to retrieve products during procedures resulting in improved patient focus and service. Enhanced Business Intelligence at the touch of a button including predictive modeling, product usage cost analysis with reporting and analytical abilities that provide crucial decision support. Improved Compliance made easier from tissue tracking and implants registration to continuous product inventory and usage monitoring to ensure dated products are compliant and satisfies Joint Commission guidelines established to improve patient safety. Increased Efficiency smart cabinets identify expiring and missing products and provide alerts when products are removed, streamlining re-ordering and rightsizing inventory to reduce supply cost. How It Works A smart tag is attached to item packaging or device. Skytron s SkyTrac smart cabinets with built-in RFID antennas and processors count inventory every 30 minutes. Cabinets come in many configurations standing bins, hanging cabinets and mobile carts. Use is captured at the point of care, rather than point of retrieval, for more accurate charge capture and easier inventory reconciliation. Automated replenishment is based on actual rate of product usage, expiration dates and existing inventory. Hospital Systems that have implemented SkyTrac Technology have saved over 500 staff hours annually not having to count and reconcile inventory, reduced inventory by as much as 30%, identified 50% more missing and lost items and experienced savings of $350,000 to $750,000 per year by simply buying differently and leveraging bulk pricing with the help of SkyTrac usage analytics.* *Source: WaveMark technology user results at St. Elizabeth Medical Center, Utica, NY; Florida Hospital, Orlando, FL; St. Joseph Hospital, Atlanta, GA

4 I tracked inventory pretty closely before, but there were always a few products that were unaccounted for. With WaveMark Technology, I know exactly what I have, how much and when I need to reorder, and immediately know if something is missing. Raul Navarro Supply Coordinator, 7-room Cath Lab UMass Medical Center Inventory Control SkyTrac s online application gives you real time alerts for expired, missing and recalled items. With the click of the mouse you can see what items are expired or are going to expire and where they are located. You can change the date range to see up to 365 days out what will expire and when. We also give you an alert if an item has been removed from the cabinet and is not used during a procedure. To date, every new installation we have done, SkyTrac technology has found expired items sitting in inventory.

5 Smart Ordering Assistance SkyTrac s smart ordering capability helps you manage your purchasing behavior by giving you the data you need to order only what you need, eliminating having excess inventory on hand or not having enough of an item when you need it. With SkyTrac, you have the ability to set your own timeframes and parameters that work best with your purchasing system.

6 Analytics SkyTrac s analytic capability helps you right-size your inventory, identify usage patterns, understand the real costs associated with room turnover and have real-time access to all of your inventory positions. SkyTrac Interfaces Integration Capabilities Current WaveMark Implementations EncounterLink Surgery and patient level detail of product Apollo utilization. Supports medical record, billing, Meditech and materials management systems McKesson Star RequisitionLink Requisitions are prepared and sent to Lawson materials management systems eliminating PeopleSoft data entry requirements McKesson Star PMM POLink Automated invoice matching and purchase Lawson order reconciliation for received inventory PeopleSoft McKesson Star PMM CostLink Synchronization with contract price Lawson maintenance systems PeopleSoft McKesson Star PMM OnHandLink Synchronization with inventory Apollo management systems BarcoadeConnect Automatic conversion of RFID tag to bar 95% of WaveMark (Hardware) code level data for clinical documentation systems Hospital Customers The SkyTrac Advantage Supply Chain Visibility Predictive analysis and advice Billing accuracy Real-time location of consumable assets Instant alerts about inventory levels or missing supplies Better utilization of high-value assets Fewer write-offs Mobile accessibility (tablet, smartphone, laptop, etc.) Automated replenishment Improved regulatory compliance Individual item tracking Available as a SaaS, cloud-based solution

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8 About WaveMark Technology WaveMark RFID Clinical information management systems eliminate manual processes, reduce costs and streamline workflow for hospitals and medical device suppliers in 4,300 locations in North America, Europe and Asia. In addition, WaveMark solutions support regulatory compliance and deliver a rapid return on investment by offering consumable asset visibility through our inventory tracking system. About Skytron Skytron is a global company headquartered in Grand Rapids, Michigan specializing in medical technologies for today s healthcare system. Focused solely on long term solutions and relationships, you can find out more about our industry-leading products and services at MAR-M-0018 REV0 8/13 PN L