RTLS market for health care to exceed $3 billion by 2022

RTLS market for health care to exceed $3 billion by 2022

Lisa Chamoff, Contributing Reporter | February 28, 2017
From the January 2017 issue of HealthCare Business News magazine


Terso Solutions
Terso Solutions works with both manufacturers and health care facilities, and its RFID sensors are used from the time a product, such as an implant, is manufactured to when it is used in the operating room, interventional suite or another department. Hospitals use the company’s RAIN RFID enclosures, such as cabinets, refrigerators and freezers, that keep track of inventory and forward data to Terso’s Jetstream cloud-based software. Jason Rosemurgy, vice president of sales and marketing for Terso, says that as not all high-value inventory can fit in a cabinet, the company has expanded to “smart” room-based solutions.

On the mobile side, Terso has also begun providing more transportable services, most recently piloting trackable loaner kits for use by medical device companies, such as orthopedic implant company Medacta USA. The RFID-enabled case, equipped with an RFID reader, provides daily updates on the stock of implants within the case, which are used by hospitals and outpatient facilities, and where the case is located. This is specifically important to managing in-field inventory. The company is planning to continue to develop and offer more mobile products, Rosemurgy says.

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TeleTracking Technologies
TeleTracking is a software company that utilizes data from RTLS vendors to track the location of patients, staff and assets, as well as hand hygiene compliance. The RTLS technology also integrates with TeleTracking’s patient flow software. The company works with other big players in the RTLS space, including Sonitor, Centrak and STANLEY Healthcare. When making a decision on the locating technology, a facility can buy everything from TeleTracking. “We look to be a data broker for our clients, and help them make educated decisions around the enabling technology that will meet their use case and workflow requirements,” says Jon Poshywak, vice president and general manager of RTLS at TeleTracking. Effectively managing patient discharges is a big challenge for facilities. Poshywak says he has seen many cases at facilities where patients have left the hospital, but the caregiver is still finishing documentation in the patient’s electronic medical record, so rooms that are ready to fill sit empty, which is sometimes referred to as “dead bed time.” “Once a patient hits a discharge location, the system sends an alert that the room is ready to be cleaned,” Poshywak says. “It’s really driving data-to-service teams to be effective.”

Versus Technology

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