Medical Device Management

Item level management system to reduce implant waste & boost efficiency

Why implant tracking matters

High cost medical devices and implants put a strain on supply chain budgets which can represent up to 30% of US healthcare organizations’ expenditure.  Yet poor management of this expensive inventory commonly results in high wastage, inflated costs, and revenue loss.

Providers commonly carry more than 25% excess stock and implant waste reduction results in millions of lost dollars each year. Invisible inventory carries a high price, and item-level tracking provides the solution.

 

What item level management delivers

Item level tracking involves individually monitoring and managing each item, so that full inventory visibility and control is achieved.

Gaining a clear understanding of the current inventory and using vital data insights to support better decisions, ensures cost, staffing and operational efficiencies, plus enhances patient-safety and compliance.

But item level data doesn’t just take care of the present, predictive analytics can be used for informed forecasting that drives through more precise planning.

Technology for medical device management

Automated implant tracking systems are able to achieve the real-time, accurate data required to successfully implement item-level management.

Automating inventory management supports more efficient management of both bought and consignment stock

Technology can now ensure precision tracking for every tagged item in your healthcare inventory, as well as the documentation of tagged and non-tagged items at the point of care.

Medical Device Management | IDENTI Medical

The three stages of item-level tracking

As medical inventory flows through the supply chain, there are three key stages of tracking that healthcare providers need to get right:

Efficient Kanban and Par

STOCK LEVELS: Clear inventory vision. Understand product volumes, locations and item level data, including full UDI.

 

item master bill only

EXPIRATION DATES: Full control. Proactively manage expiry, ensuring all products are used rather than wasted.

Medical Device Management | IDENTI Medical

USAGE: Informed procurement. Gain surgical inventory control for demand-led restocks that eliminate obsolete stock.

Full visibility from supplier to consumption

Think RFID is inefficient? Think again! New generation UHF RFID technology is providing accurate healthcare inventory management and can also be used as a central system between supply chain partners, making it an ideal option for consignment.

With more sensors, and improved implant tracking, see how TotalSense smart cabinet uses RFID to closely monitor inventory.

TOTALSENSE RFID Smart Cabinet

Reorganize your surgical area using RAIN RFID smart cabinets.

Digital storage spaces fully track all items ensuring a well-managed and well-stocked inventory.

Ensure the right item is quickly at hand whenever you need it.

TotalSense RFID Smart Cabinet for implant tracking; gives hospitals automated expiry control, real-time analytics, and full visibility of owned and consignment stock.

TOTALSENSE Mobile

Automate the management of tagged products stored on the shelves with our RFID mobile solution.

TotalSense Mobile transforms storerooms into digital storage spaces, creating a virtual smart cabinet.

Scan and review inventory data directly from your mobile phone.

IDENTI Mobile Sense RFID Hand Scanner is an AI-powered automated inventory control for eliminating stockouts, reducing waste, and managing supplies without manual counting

UDI compliance solution for surgical procedures – using AI and computer vision.

Put an end to UDI capture challenges in surgical supply documentation and enhance your medical device management in OR and procedural areas.  

Existing point of use systems are inadequate and routinely result in incomplete and non-compliant patient records. Snap&Go uses image recognition and AI technology to capture full product information at the point of use, including SKU, batch number, serial/lot, expiry date and more.

Snap & Go is custom-made for the surgical setting and uses patented image recognition and AI technology. This automated implant tracking system for healthcare fully automates the task of surgical utilization, delivering complete and correct EHR records that include full UDI compliance in surgery, of every reportable implant. 

Access to a globally populated SKU database ensures every item is validated, whether it’s listed on your local item master – or not. 

AI technology and machine learning algorithms undertake UDI data-fixing and gap-filling, so that every item has a complete, correct, and standardized entry. 

 
Automatically document utilization with Snap&Go​

Recalls – quickly discover which patients have been effected by a product or batch recall.
Bring expiry wastage down to 0!

Compliance – ensure audit-proof documentation and full UDI compliance
Improve charge capture and achieve demand-driven procurement

Reduce admin –  Release nurses from time-consuming data-entry with a fully automated process. Lower nurse docuentation time by 3–40%!

Join the worldwide success

Concerning data management, TotalSense mobile RFID systems are preferred to other solutions according to the criteria of inventory optimization, and compliance with safety regulations. However, one of the major advantages of the RFID solution is the traceability of all DMI movements without the need for human intervention.
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Marie Levêque

French public hospital purchasing advisory board
UNIHA
Concerning data management, TotalSense mobile RFID systems are preferred to other solutions according to the criteria of inventory optimization, and compliance with safety regulations. However, one of the major advantages of the RFID solution is the traceability of all DMI movements without the need for human intervention.

Verified Review

The hospital has reduced the cost of excess inventory by between $2-3 Million. First, we moved to full, pay-per-use consignment. Second, we do not need to deal with the inventory levels, each vendor is managing his inventory by himself remotely.
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Hani Hag-Yihye

Senior Nurse for Invasive Cardiology
Sheba Medical Center
Sheba medical center and total sense

Verified Review

Once the SmartCabinets were installed at the Cath-lab, all of our inventory difficulties were eliminated right from the first month. Given these positive results, we are currently considering having the SmartCabinet placed in other facilities including the eye-clinics and operating rooms.
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Doron Karmi

Chief Technology of Operations Officer
Herzeliya Medical Center
Once the SmartCabinets were installed at the Cath-lab, all of our inventory difficulties were eliminated right from the first month. Given these positive results, we are currently considering having the SmartCabinet placed in other facilities including the eye-clinics and operating rooms.

Verified Review

The top inventory challenges facing providers in 2024 include managing inventory with fewer staff and maintaining adequate stock levels, while preventing surpluses. Other challenges include improving expiry management and reducing waste. Some of these challenges can be soved by using AI and machine learning technology, which can be used to help control costs, including those related to expired products. I see that a lack of confidence from staff leads to hoarding, in order to prevent “stat” deliveries due to stockouts. Automated solutions really can save time and money, as well as play a role in staff retention. ‘Snap&Go’ reduces the burden on the perioperative team by providing 100% accuracy and reducing future liability, while saving the operating nurse a lot of time.
Read More

Craig Crock

Principal
Southwest Solutions Group
The top inventory challenges facing providers in 2024 include managing inventory with fewer staff and maintaining adequate stock levels, while preventing surpluses. Other challenges include improving expiry management and reducing waste. Some of these challenges can be soved by using AI and machine learning technology, which can be used to help control costs, including those related to expired products. I see that a lack of confidence from staff leads to hoarding, in order to prevent "stat" deliveries due to stockouts. Automated solutions really can save time and money, as well as play a role in staff retention. 'Snap&Go' reduces the burden on the perioperative team by providing 100% accuracy and reducing future liability, while saving the operating nurse a lot of time.

Verified Review

We identified that the value of the stock, now based on recommendations from the system, had decreased to €148,620. Total Sense RFID mobile tracking system achieved a reduction of €31,375 in the levels and value of stock held in one department immidatly.
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Alexia Lardon

Interventional Cardiology Department
Hôpital de la Croix-Rousse
DE LYON

Verified Review