RADIOFREQUENCY TECHNOLOGY- VALUE IN THE ORTHOPAEDIC OPERATING ROOM

Author(s)

Bilir SP1, Munakata J1, Borgman B2, Ferrufino C3, DeKoven M3
1IMS Health, San Francisco, CA, USA, 2Medtronic International, Tolochenaz, Switzerland, 3IMS Health, Fairfax, VA, USA

OBJECTIVES: Hospital supply costs account for more than 1/3 of the average operating budget and constitute the 2nd largest hospital expenditure (following labor). RFID technology has emerged as a solution to manage/reduce costs yet return on investment of such adoption remains unclear. METHODS: A paper-pencil ingle-assessment, cross-sectional survey was conducted 9/2015-11/2015. The survey (~20-30min) included 32 questions across the following topics: 1) facility profile; 2) inventory management of tissue/bone products; 3) re-ordering process of tissue/bone products; 4) auditing process of tissue/bone products; 5) tracking process of tissue/bone products; 6) OR-related information; 7) preference for RFID technology.Study population consisted of 90 US-based facilities with evidence as having adopted an RFID-based inventory tracking system for bone tissue and synthetic bone graft products. Cost-savings from RFID were estimated from wages and frequency/minutes per task for several categories. RESULTS:

CONCLUSIONS: Savings realized by responding facilities resulted from less time needed to re-order products, improved audit efficiency due to tracking capabilities, less risk of products lost in the hospital, and less risk of expiration equity losses (wastage). Additional research is warranted to further quantify the value of RFID technology.

Conference/Value in Health Info

2016-05, ISPOR 2016, Washington DC, USA

Value in Health, Vol. 19, No. 3 (May 2016)

Code

PHP10

Topic

Health Policy & Regulatory

Topic Subcategory

Pricing Policy & Schemes

Disease

Multiple Diseases

Explore Related HEOR by Topic


Your browser is out-of-date

ISPOR recommends that you update your browser for more security, speed and the best experience on ispor.org. Update my browser now

×