SMART INVENTORY MANAGEMENT Through the Real-time Healthcare System
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
HEALTHCARE INDUSTRY TODAY
ECONOMIC RECOVERY ACCESS TO INSURANCE UBER-AGING
We are just seeing the beginning of the highest level of demand for healthcare in our lifetime
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
C H R O N I C C O N D I T I O N S A R E A R E A L D R I V I N G FA C TO R
Problem: System is geared toward acute care
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
FEE-FOR-SERVICE CARE IS NOT THE ANSWER
A focus on reimbursement model is key
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
SUPPLY CHAIN IS LAGGING
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
REACTIVE ENVIRONMENT
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
IOT IN PRACTICE
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
IOT IN PRACTICE
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
A large portion of the current healthcare system (providers, payers,
suppliers and patients) is unprepared to capitalize on the intelligence that is now possible through the Internet of Things (IoT)
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
WHAT IS THE REAL-TIME HEALTHCARE SYSTEM?
+ Real time information
+ Disrupts the classic care delivery model
+ Senses the need for change
+ Eliminates waste and latency to improve care quality and patient experience
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
RT H S I S T H E I N T E R N E T O F “ H EA LT H C A RE ” T H I N G S
• RTHS is a system that is:
– Aware
– Mobile
– Collaborative
– Demanding
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
RTHS STARTS WITH S ITUATIONAL AWARENESS
Visibility to the critical assets in the system and what condition they are in
+ ASSETS = patients, clinicians, care
providers, rooms, defibrillators, implants, medications, blood
+ LOCATION = longitude & latitude
+ CONDITION/STATE = available,
occupied, in-stock, temperature, expired
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
SITUATIONAL AWARENESS IMPROVES OPERATIONAL INTELL IGENCE
+ Up to date information removes business constraints
+ Real-time visibility into important activities and date
+ Satisfies revenue, costs, quality, and patient experience expectations
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
INTERNET OF HEALTHCARE THINGS
• Wirelessly tracking pulmonary artery pressure• Remote cardiac arrhythmia diagnosis• Smartphone enabled continuous glucose monitoring• TeleHealth & wellness• Patient Portals• Real-time location systems (RTLS)• Positive patient ID• Nurse call & tracking• Smart surgery scheduling• Automated inventory demand signals
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
REAL-TIME HEALTHCARE SYSTEM MATURITY MODEL
Level 1
Reactive
Level 2
Proactive
Level 3
Managed
Level 4
Collaborative
Siloed systems, interfaced, disjointed processes, operationally reactive.
Integrated systems, important processes monitored, performance measured, manual interventions.
Lean, automated, sensored, limited enterprise awareness.
Situationally aware, operationally intelligent, learning, continually improving.
A smart inventory management system connects every asset within a healthcare organization. This provides visibility to each patient, clinician, care provider, room, medical supply, medication, and chemical as well as their location and condition. Using the framework and technology of a
real-time healthcare system, a smart inventory management system uses interconnected intelligent systems to make managing inventory
seamless. Creating a smarter, proactive health system that can be easily shared and accessed in real-time by anyone, anywhere. In turn, improving patient care, removing manual processes, achieving
compliance, and eliminating waste.
SMART INVENTORY MANAGEMENT
Cold Chain Temperature Monitoring
Enclosures
Mobile
Real-time Location System
Smart Room
Instruments, Kits, Carts
Forward Stocking Locations
Trunk Stock
Distribution Center
Anesthesia Tracking
Scheduling
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
T H E T I M E I S N O W TO D E V E LO P A S M A R T I N V E N TO RY M A N A G E M E N T SYS T E M R OA D M A P
+ Improve efficiency
+ Inventory transparency
+ Reduce expiry
+ Eliminate inefficient manual processes
+ Ensure regulatory compliance
+ Ensure product integrity
+ Improve workflow
+ Secure inventory management
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
Products RAIN RFID tagged at distribution center
Product arrives at hospital
Hospital staff utilize product
Data captured
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
CAPABILITIES NEEDED FOR SMART INVENTORY MANAGEMENT
+ Distributed RFID management
+ Managing infrastructure and hardware
+ Reliable system
+ Change management and staff training
+ Security and privacy
+ Data analytics and software development/implementation
+ Innovation
+ Lower costs
C O N F I D E N T I A L A N D P R O P R I E T A R Y I N F O R M A T I O N –F O R I N T E N D E D U S E R O N L Y
RESEARCH NEEDED FOR SMART INVENTORY MANAGEMENT
+ Ecosystem of providers
+ RAIN RFID is facilitating this progress