CNN Money: In clinical environments, an accurate real-time locating system (RTLS) can do so much more than simply help locate equipment. For more than 20 years, Versus Technology, Inc. (Versus) has devoted its time, energy and resources to developing and supporting RTLS applications that do everything from basic locating to automated patient flow and advanced workflow automation.
With hundreds of happy clients, countless integrations and an expanding partner group, Versus is pleased to showcase the most transformational RTLS applications in existence at this year's Health Information Management Systems Society conference, (HIMSS). You'll find Versus at booth #7949, the Rauland-Borg booth (#5603) and at Microsoft®'s booth (#6733) during exhibit hall hours, with special presentations from Ginger Banks and Steve Willis, both of PeaceHealth, at the Product Pavilion Session on Tuesday, March 2, from 3:15pm-4pm and at the American Hospital Association's booth (#6115) on Monday, March 1 from 4:30pm-5:15pm. These presentations will focus on using the Versus system for situational awareness and improved patient flow.
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Fresh News: TRAVERSE CITY, MI -- (Marketwire) -- 02/17/10 -- Rouge Valley Health System (RVHS) recently selected Versus Technology, Inc.'s (Versus) Real-time Locating System (RTLS) to advance efficiency and safety within the new Rouge Valley Ajax and Pickering emergency department (ED). Though Versus has been providing location-based clinical workflow automation to hospitals and clinics for years, the solution at Ajax and Pickering will be the first of its kind to support Ministry of Health and Long-term Care performance goals. This is especially important to RVHS as Ajax/Pickering undergoes an expansion and expects ED patient volume to surge to 60,000 annual visits.
In 2008, RVHS was one of 23 hospitals selected by the Ontario government to focus on reducing ED wait times. "Efficient patient flow is evidenced to have a positive impact on safety, satisfaction and revenue," explains Darren Micallef, Consultant, HC4Site. "The provincial target wait times are very achievable at 8 hours for complex conditions and 4 hours for minor conditions, but hospitals struggle with identifying roadblocks. Bringing in an expert at patient flow, like Versus, is key to ensuring that the provincial targets are not only achieved, but achieved in a manner that is timely, efficient, intuitive for staff and that complements Rouge Valley's unique processes."
The Versus RTLS solution will be deployed in phases. The first phase will include a Dashboard, with key performance indicators (KPIs) like 'overall length of stay' and 'bed assignment to room' times displayed in real-time. A centrally-located electronic whiteboard (also available at individual workstations) will convey patient location and relevant patient information, like assigned caregivers.
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RFID News: Eastern Maine Medical Center’s (EMMC) newly renovated 32,000 square foot Imaging Center has recently installed a Real-time Locating System (RTLS) in order to better manage patient flow.
Versus Technology’s RTLS automatically captures time parameters related to each patient’s visit, including wait time and time to complete a particular imaging service.
Imaging Center staff can then make real-time comparisons to benchmarked goals, perform more accurate scheduling based on actual time to complete certain procedures, and better inform patients as to expected wait and procedure times.
Additionally, Versus automatically identifies room status as available, in-use, reserved, in-process (being cleaned) or unavailable based on patient locations
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PR Newswire: TRAVERSE CITY, Mich., Aug. 25 /PRNewswire-FirstCall/ -- Versus Technology, Inc. ("Versus" or the "Company") announced revenues of $1,155,000 for its third fiscal quarter ended July 31, 2009, a 1.8% decrease compared to revenues of $1,176,000 for the same quarter of the prior year. Revenues for the nine months ended July 31, 2009, were $3,905,000, compared to $4,026,000 for the nine months ended July 31, 2008, a 3.0% decrease. Versus' quarterly revenues can vary significantly depending on the timing and delivery of major customer projects. Accordingly, revenues reported in any one quarter are not necessarily indicative of what full-year results will be.
Gross profits as a percentage of revenues were 69.4% for the current year's third quarter compared to 71.1% for the same quarter of the prior year. Operating expenses, other than cost of revenues, decreased 9.8% for the current year's third quarter compared to the same quarter of the prior year.
Versus reported a net loss of $360,000 for the current year's third quarter compared to a net loss of $448,000 for the same quarter of the prior year. The Company rephttp://www.thertlsblog.com/market-research/submit-newsorted a net loss of $731,000 for the nine months ended July 31, 2009, compared to a net loss of $825,000 for the nine months ended July 31, 2008.
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Healthcare IT News: MIAMI – The University of Miami Jackson Memorial Hospital (UM-JMH) Center for Patient Safety has deployed a hand washing compliance program with the use of real-time locating solutions.
The RTLS technology will be supplied by two Michigan-based providers: Dynamic Computer Corp., and Versus Technology. The hand hygiene compliance pilot will employ the use of infared-radio frequency technology that will be implemented as a standalone system, or as an integrated part of a network wide RTLS system.
“Americans don’t expect to get additional infections when they go into the hospital," Health and Human Services Secretary Kathleen Sebelius, said earlier this month. "Stopping health care associated infections and improving the quality of care is one of our top priorities."
With the implementation of the RTLS technology the University of Miami looks to reduce the percentage of bacteria-related infection that patients and physicians contract from not washing with bacteria-killing soap.
The solution uses small IR-RF sensors in the medical center’s soap dispensers that identify staff ID badges as well as monitor when and where physicians and other staff wash their hands. Medical center employees then hear a confirmation sound after the sensors successfully captures the identity of the person and the time and location of the hand-washing event.
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