Deal Radar 2009: Awarepoint

June 22nd, 2009

Sramana Mitra: Whether it’s a box of dressings or a piece of equipment costing thousands of dollars, hospitals and other medical facilities can sacrifice their quality of care and lose money when they don’t have a solid grip on their supply chain. To help ensure this doesn’t happen, Awarepoint has developed a real-time location solution (RTLS) system to track assets and handle management challenges faced by healthcare institutions. Its ‘Real-Time Awareness Solutions’ give healthcare clients such as hospitals, teaching institutions, independents and military facilities, business intelligence to improve quality of care, patient safety and clinical and financial outcomes. The RTLS, which are implemented with Active RFID tags, continually monitor the position and activity of resources, analogous to an indoor GPS.

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