Date post: | 11-Jan-2017 |
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How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain
October 2016
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Today’s Presenters
Wendy WerblinProduct Lead, Healthcare [email protected]
Lana MakhanikChief Operating Officer, [email protected]
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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?•RAIN RFID in Healthcare•VUEMED’s approach to UDI Compliant Supply Chain Automation•System overview•Questions•Contacts
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
RAIN is Established
Founding members of the RAIN Alliance:
Today, 100+ members worldwide and growing
Growing Adoption
Annual RAIN RFID Tags
14.2 bn
2.9 bn
2012 2018
Source: Chainlink Research 2015 UHF Market Report
RAIN Industry Growth
99
Streamline Operations
Enhance Patient Experience
Improve Quality
Deliver Better Patient Care, More Effectively, With 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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Reduce or eliminate:•Accidental loss/shrinkage•Manual inventory process•Excess inventory•Waste from expirations
Why use automation to track supplies?
Key benefits:•Traceability•UDI/regulatory compliance •Easy to scale•Accurate data
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VUEMED transforms the healthcare supply chain by tracking products from manufacturer to patient using standards-based UHF RFID solutions
Full UDI Compliance, Visibility and Traceability
Medical Product RFID Tagging & Cloud Registration, and Traceability
RFID Tracking on the Go, Anywhere You Need It
VUEMED Solutions
Cloud & SaaS & IoT
Manufacturers
Medical Devices
WarehousesDistribution
Logistics Storage Areas Procedure Rooms Patients
Hospital
Purchasing
Billing
Medical records REALROI $$$
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Superior Granularity of Data and Tracking VUEMED’s UHF RFID solutions provide real-time location and continuous visibility of clinical items throughout the hospital inside and outside cabinets
Location C
Traditional Transactional
RFID
Continuous ProcessTracking (CPT)
Location A Location B
RTLS with Continuous Process Tracking (CPT) vs. Transactional RFID
?
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VUEMED’s UHF RFID solutions address some of the most critical, costly, and challenging issues affecting the healthcare supply chain today
Hands-free UHF Passive RFID solution reports live all inventory transactions throughout the supply chain with 99.5% accuracy—transaction-free
Software/RFID printer solution that encodes and registers in the cloud RFID tags according to FDA UDI standards, using GS1 and EPC global standards
Hand-held RFID technology device powered by the VueTrack-Mobile App to manage consigned inventory, trunk stock, provide VMI services, etc.
Cloud & SaaS & IoT
Ecosystem of Solutions That Transform Healthcare
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•FDA-mandated•Standard encoding system for all
medical devices•Enables track & trace from point of
origin to the patient•Designed to prevent errors and
support recalls•Human AND machine-readable label
can use barcodes and RFID•Fully implemented by 2018
What is UDI?
16REALROI $$$
UDI Vision & PromiseWhat do you need the data for?
FinancialClinical
OperationalSupply chain
•Point of Use Capture•Shortages/Substitutions•Anti-counterfeiting/diversion•Disaster/terror preparation
• Recalls/Adverse event reporting
• Comparative Effectiveness
•Meaningful Use
•Purchasing•Inventory Management•Logistics•Demand Planning
•Contract Compliance•Contract Accuracy
•Billing•Reimbursement
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Cloud & SaaS & IoT
Procedure RoomSupply RoomDelivery Area/Dock & Disposal
VUEMED’s Solution for UDI
POINT OF DELIVERY POINT OF CARE
Flow of Medical Products and Devices
Data Capture & Feed
HospitalMMIS
Clinical Documentation
Systems
Purchasing
Value Analysis
ContractingDistribution
EMR
Clinical Analysis
BillingProcurement
• Product accurate ID• All pedigree info• Exact quantities
• Inventory availability• Par levels• Reorder
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• RAIN RFID Solutions—from Tag to Cloud• Global Standards Interoperability of VUEMED’s GS1
EPC Global Standards Compliant Infrastructure
24/7 Visibility with Light UHF RFID Infrastructure
RAIN RFID Readers & Hubs• Hidden in ceilings• Power the antennas• Route data to VUEMED Cloud
RAIN RFID Antennas• For ceilings/walls/shelves• Inside or outside cabinets• Excite and read tags
RAIN RFID Tags• For clinical products• For assets and SPD• For People
VUEMED Cloud
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UDI Compliant RFID Tagging Solution
Tagging Station
FDA-mandated Unique Device Identifier (UDI) data is resident on the tag itself using GS1 EPC GEN2 UHF (RAIN) encoding standards
Tag Encoding• Device Identifier• Production Identifier Data as applicable:
• Lot Number• Batch Number• Serial Number
• Expiration Date• Manufacture Date• HCT/P ID
The UDI-encoded RFID tag may be printed
with human readable text and a 2D barcode
blank
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• Meet FDA UDI requirements for all medical devices and other supplies• Produce, read, and process any GS1 EPC Global RFID tag (GTIN and SGTIN)• Track consignment stocks and trunk stocks• Provide exciting VMI programs
Manufacturers Choose VUEMEDThe GS1 EPC global standards interoperability of VUEMED’s RFID Solutions enables these suppliers to:
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Typical Sources of Savings: Typical Magnitude of Savings
VUEMED is able to generate the highest ROI on the market with high performing, cost effective innovative RFID solutions
Eliminate expirationsOngoing waste reduction 8% to 12% of total inventory value
Typical ROI and Savings
5% to 15% of total inventory valueInventory size reductionOne-time and continuous lean levels
10% of total new orders’ valueReduction in product purchasesOpportunity to buy less and borrow instead of buy
10% of total billed revenueIncrease billed revenue captureCapture missed revenue, avoid fraud risks (insurance fines)
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