The Benefit Network helps reduce insurance premiums by pointing out cost savings to hospitals and insurance firms. For example, hospitals can save substantial sums by implementing tissue
tracking systems that document chain of custody using Radio Frequency devices. By integrating with the supply chain using new entrants into the market like RF DOC (www.RFDOC.com) hospitals can minimize tissue waste due to expiration and eliminate errors due to tissue not being correctly entered when in a busy operating
room. Firms like this also enhance compliance reporting by providing a non-repudiated audit trail for the Joint Commission. Labor savings also play in this field since RFID tracking
eliminates redundant written notes. Once a platform like RF DOC is installed, it can be expanded to track other items of high value such as blood, instruments and lead gowns used for
X-rays.
When combined with thermal reporting, tissue that lands at the dock can be accepted or rejected at the dock without opening the contents if the smart tag reports that the tissue was out
of temperature tolerance. The savings are endless, even the most benign application has potentially huge payoffs. By including a washable RF tag in scrubs, hospitals can quickly count
gowns as they go out to laundry, quickly sort by size, and determine based on where the scrub has been if it is a clean scrub or if it had already been lightly worn in the OR.
A single system, one interface with expansion capability can provide a solid payback which means that instead of buying several disparate RFID systems which overlap, hospitals can be more
efficient with their use of capital, which will aid in keeping hospital costs in check and thereby keep insurance premiums from escalating at a faster rate.
About The Benefit Network
The Benefit Network is a group of insurance agents and brokers dedicated to helping firms reduce their health insurance costs.
For Further Information:
Donna Curie
The Benefit Network
888-739-6755
www.thebenefitnetwork.com