Expect Real-time Results
Today, the Awarepoint Real-time Awareness Solution gives hospitals the tools needed to operate more efficiently and cost-effectively. Our healthcare results are significant, as can be seen below in a partial list of annual savings realized from installing the Awarepoint solution. This example assumes a hospital tagging 2,000 pieces of key equipment, including:
| Equipment Cost Savings | Qty Tagged |
| IV Pumps | 679 |
| SCD Machines | 256 |
| Nutrtion/Enteral Feeding Pumps | 205 |
| Wound VACs (for rentals) | 15 |
| Bed – Low Airloss (for rental items) | 21 |
| Aspirating Suction Motor | 18 |
| AV Impulse Footpump | 30 |
| Improved Productivity | |
| Beds | 620 |
| Transport Wheelchairs | 105 |
| Transport Gurneys – Specialty Gurneys | 30 |
| Hard Dollar Return on Investment | |
| Benefits: | |
| Reduction in lost or misplaced infusion pumps and components (Note: Tracking other types of equipment will increase savings) |
$207,057 |
| Decreased equipment budget – increased utilization | $121.960 |
| Reduction in equipment rental costs | $ 90,828 |
| Decreased number of transporter FTE’s | $ 28.861 |
| Total Benefits: | $448,706 |
| Costs: Fully managed service – no additional installation, infrastructure or maintenance costs | ($252,748) |
| Net Hard Dollar Annual Value | $195,958 |
| Cost Savings – Additional Soft Returns | |
| Clinical Engineers Productivity and Patient Safety: Timely preventative maintenance & recalls leads to enhanced safety for patients/staff. Time that could be spent on PM. |
Average of 3 hours daily spent searching for rentals. Less time searching for equipment = 1,095 additional hours/year. |
| Time Savings for Registered Nurses: Dollars that could be spent on patient care instead of searching for equipment. | Reducing equipment searching by 5 minutes per nurse equates to $471,800. |
| EVS Productivity: Additional hours/year could be spent to increase bed turnover | Average of 3 hours daily spent searching for rentals. Less time searching for equipment = 1,095 additional hours/year. |
| Efficient patient transports improves satisfaction among patients and clinical staff | Improved Customer Satisfaction |
Awarepoint works with each hospital to determine areas of the facility which can benefit from the Awarepoint solution. A detailed Value Calculator Report using your hospital’s specific data determines the types and levels of savings you can expect.
To request a Value Calculator Analysis for your specific hospital, click here.
