Solutions

White Background Top

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 with an average daily census of 200, and 15 daily OR cases.

 

Annual Return on Investment
Savings - lost or misplaced infusion pumps and components
(Note: Tracking other types of equipment will increase savings)
$201,000
Cost of RNs searching for equipment, which could be spent on direct patient care $240,000
Revenue increase from Radiology procedures
(Represents a 2% increase @ $700 per procedure)
$204,000
Increased non-clinical staff productivity - cost of time spent by Bio-Medical Technicians and Facility Engineers searching for equipment $74,000
Increased productivity from SPD Technicians - rounding is no longer needed. System alerts SPD staff when par levels are low $21,000
Reduced “end of the day” OR overtime $45,000
Budget reduction for vital sign monitors due to increased utilization - fewer future purchases / fewer rentals $19,000
Increased Transporter productivity and/or reduction in force due to increased efficiency $13,000
Total Savings $817,000

 

Additional Returns
Total number of annual RN minutes in the OR spent searching for equipment, which could be spent on patient care 11,700
Annual hours spent by each physician locating patients during rounds 30
Average % increase in utilization of pulse oximeter equipment 15%

 

Awarepoint works with each hospital to determine areas of the facility which can benefit from the Awarepoint solution. A detailed Value Calculator using your hospital’s specific data determines the types and levels of savings you can expect.

 

To request a Value Calculator for your specific hospital, click here.

White Background Bottom