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How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain October 2016
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Page 1: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

October 2016

Page 2: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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Today’s Presenters

Wendy WerblinProduct Lead, Healthcare [email protected]

Lana MakhanikChief Operating Officer, [email protected]

Page 3: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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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

Page 4: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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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

Page 5: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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Over 15 Billion Items Connected to Date

with RAIN RFID

4

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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

Page 9: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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?

Page 16: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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

Q&A

[email protected]

Page 23: How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

THANK YOU


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