Combining a real-time locating system with patient flow automation and automated business intelligence can generate a significant return on investment for healthcare providers, according to a Health Management Technology report.
Jon Poshywak, managing director of RTLS workflow service at TeleTracking Technologies, wrote an article on the value of a capacity management system that includes RTLS, patient flow and business intelligence capabilities.
He said the average annual impact of capacity management on an organization, based on a five-year projection, is more than $10 million.
Mr. Poshywak gave several examples of healthcare organizations that have benefitted financially from improving capacity management systems. Many hospitals centralized their capacity management function and integrated it with an automated transfer center to optimize financial gain, he wrote.
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Jon Poshywak, managing director of RTLS workflow service at TeleTracking Technologies, wrote an article on the value of a capacity management system that includes RTLS, patient flow and business intelligence capabilities.
He said the average annual impact of capacity management on an organization, based on a five-year projection, is more than $10 million.
Mr. Poshywak gave several examples of healthcare organizations that have benefitted financially from improving capacity management systems. Many hospitals centralized their capacity management function and integrated it with an automated transfer center to optimize financial gain, he wrote.
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