Automate Field Inventory & Medical Device Management with RAIN RFID Solutions

December 2016

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Presenters

Wendy WerblinHealthcare Product Lead

Impinj

Joe PleshekChief Executive Officer

Terso Solutions

John KuehlHardware Product Manager

Terso Solutions

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Housekeeping

•Submit questions via the Question panel through the GoToWebinar dashboard

•This webinar is recorded and will be via email with the slides after the presentation

• If we did not answer your question during the Q&A, we will follow up offline

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•What is RAIN RFID?•Medical devices: state of the industry•Terso overview•Managing field inventory with RAIN RFID•Q & A

Today’s Topics

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Over 15 Billion Items Connected to Date

with RAIN RFID

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About RAIN RFID Radio frequency identification (RFID) is a form of wireless communication that uses radio waves to identify and track objects

Gateways/ReadersTag ChipRAIN RFID SYSTEM

Tag Chip RFID Tag Tagged Item Gateways (Reader)

ItemSenseSoftware

Endpoints Reader Software

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Retailers, Hospitals, Marathons, Airports, and More Depend on RAIN RFID

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• Worldwide Spectrum & Standards• Global Tagging Ecosystem• RAIN Industry Alliance• Big Data Analytics

100+ members worldwide and growing

Annual RAIN RFID Tags

14.2 bn

2.9 bn

2012 2018

Source: Chainlink Research 2015 UHF Market Report

RAIN Industry Growth

RAIN ALLIANCE GROWING ADOPTION

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Streamline Operations

Enhance Patient Experience

Improve Quality

Deliver Better Care More EffectivelyWith Better Outcomes

Transforming

Healthcare

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Connectivity

Software

Endpoints

One Platform Delivering Item Intelligence to Multiple Applications

SoftwareConnectivity

Software

Endpoints

IDENTITYLOCATION

AUTHENTICITY

ImpinjPlatform

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Terso SolutionsRFID TECHNOLOGY• RFID CABINETS, REFRIGERATORS, FREEZERS• RFID STOCKROOMS • RFID MOBILE CASES• RFID HANDHELDS

SUPPORT SERVICES• WORLDWIDE TECHNICAL SUPPORT• PROACTIVE SYSTEM MONITORING

AND ALERTS• PROJECT MANAGEMENT• INSTALLATION • TAG READABILITY TESTING• TRAINING

JETSTREAM

OPEN API PLATFORM• MANAGE RAIN RFID DEVICES ANYWHERE

IN THE WORLD• ANALYZE INVENTORY• ONE INTEGRATED PLATFORM• OPEN SOURCE PROJECTS AND DEVELOPER TOOLS• SIMPLE PROGRAMMING INTERFACES INTEGRATE

WITH ERP, THIRD PARTY SOFTWARE, & CUSTOM APPS (i.e. Launchpad)

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-80°C +30°C

Suite of Solutions

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The Healthcare Industry is not Sustainable

The U.S. medical device market has grown to $150 billion in 2016.

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Growing Levels of Field Inventory Create Serious Challenges

• Financial cost• Expiration date management• Product integrity• Counterfeit concerns• Shrinkage / lost inventory• Increases in labor• Charge capture• Regulatory compliance (UDI)• Consignment reconciliation• Poor demand forecasting

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What is Driving the Need for Change?

Reactive Environment

Compliance Standards

HighCosts

Increased Demand

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IoT Enables Automated Inventory Management in Healthcare

• Tissue management• OR supply management• Cath lab management• Instrument tracking• Patient tracking• Asset & equipment tracking• Surgical sponge tracking

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Cold Chain Temperature

Monitoring

Enclosures

Mobile

Real-time Location System

Smart Room

Loaner Kits

Forward Stocking Locations

Field Inventory

Distribution Center

Anesthesia Tracking

Scheduling

Smart Inventory Management System

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By 2020, an estimated 25 billion devices will be connected to

the Internet.

RTHS is a system that is:•Aware•Mobile•Collaborative•Demanding

Real-time Visibility is the Answer

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Platform is Key

RAIN RFID SENSORS

BUSINESS APPS

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Change the way Field Inventory is Managed

•Enables full visibility of field loaner inventory

•Automates transactions within supply chain

•Eliminates the need for manual reconciliation

•Delivers accuracy and tracking of assets

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TERSO’S PATENTED RAIN RFID

TECHNOLOGY IS INTEGRATED INTO THE

FIELD INVENTORY CASE.

THE AUTOMATED INVENTORY

MANAGEMENT SYSTEM TRACKS THE CASE LOCATION AND ITS CONTENTS IN REAL-

TIME.

ADDITIONS TO OR REMOVALS FROM THE

CASE PLUS THE CASE’S LOCATION ARE RECORDED

IN REAL-TIME AND ARE ACCESSIBLE VIA A SECURE

WEBSITE.

Location: KansasMedical Devices Used: 1

How the Mobile Case Works

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RAIN RFID Mobile Case for Field Inventory Management

Reduce Shipping

Costs

Leaner Field Inventory Without

Stock-outs

Eliminate Paperwork Lag Time

Real-time Inventory Visibility

Eliminate Product

Waste & Loss “(The RFID Mobile Case) has been able to more accurately and efficiently replenish kits with replacement items—even when cases are still in the field—since Medacta USA now knows which items were removed from the kit and not returned. It also knows when and where those actions occurred.”

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http://hubs.impinj.com/contact-sales

Questions?

info@tersosolutions.com

THANK YOU