The Cost of Not Using an Asset Tracking Solution

经过 tvaneven postedSep 12, 2017 12:00 PM

I recently visited a hospital to discuss their requirements for an asset tracking solution. The primary use case is to locate medical equipment when it is due for its annual maintenance. They went into detail on the magnitude of the task for the operations and maintenance team, and how much time is lost. They needed a solution that was simple to set up and easy to use.

They said it is not uncommon for a $25,000 specialty bed to end up in the wrong department, and then for it to accidentally get placed into a storage closet and not seen for months. Neither the hospital staff nor someone responsible for maintaining the bed would know where it was.

这种情况导致了次要用例,这是为了确保所有设备正在积极使用。他们继续解释了我多次听到的情况。当员工通常不满意时,他们在需要时找不到设备时,设施团队租金或购买更多设备。他们一定没有足够的东西,对吗?当然,这种做法意味着需要服务的设备数量增长。随之而来的恶性循环……

Gzunda_Bed_Mover_GZ10.JPG

They talked more specifically about the $25,000 beds and $10,000 stretchers that were purchased—and then found in a storage area after being unused for months. The same for bariatric beds, which were rented for more than $2,000 per month. At this point, we weren’t even talking about other types of expensive equipment, such as infusion pumps, portable ultrasound machines, and wheelchairs.

Business Value of Asset Tracking

The statistics I have commonly seen on lost equipment at hospitals are stagering. On average, 10% to 20% of a group of medical assets are lost over their lifetime. Doing some simple back-of-the-envelope calculations, if this facility could place asset tags on 500 beds in the hospital, and prevent just 5% of the beds (half the typical loss rate) from going missing, it would save $625,000 in replacement cost!

25 beds * $25,000 per bed = $625,000 lost value

That is easily a saving of approximately three to four times the cost of a fullBluetooth-based asset tracking solutiondeployment! And remember this is just the replacement cost of beds! Other cost savings to consider:

  • Lost time that maintenance and healthcare staff spends searching for assets
  • Out-of-maintenance devices posing a health risk and potential lawsuits
  • The cost of buying or renting more equipment than is really needed
  • The cost of not meeting compliance requirements

It was clear to me—and this customer—that there is a huge cost to NOT investing in an asset tracking solution. The ROI argument is clear, and the payback is delivered in an incredibly short amount of time. By leveraging theirAruba Wi-Fiinfrastructure and standard mobile devices, they could have the solution working in days, not weeks or months.

As I left and headed back to my car, I walked past the same seemingly abandoned wheelchair near the parking lot that I saw on my way in. I wondered if anyone knew if this wheelchair was just sitting here, and how many people were waiting upstairs for a wheelchair to go home.

Learn more about the Aruba Asset Tracking solution.


#ALE
#ArubaTags
#ArubaSensor
#LocationServices
#ArubaBeacons
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Comments

Nov 22, 2017 09:27 AM

This is awesome information, thank you!

You didn't happen to save the citations from the numbers you found did you? I'd love to use them in disucssion but would also like to know the source.

2017年9月12日01:51点

Wow! Thanks for the perspective. When I use to work at Kaiser Permanente, missing assets and workflows were big ticket items.