RFID Lab Inventory System Saves $465K in First Year – June 1, 2015

By automating inventory management, lab freed staff for other duties and reduced errors

Share on facebook
Share on twitter
Share on linkedin
Share on print
Share on email

CEO SUMMARY: Seeking ways to automate every aspect of work flow, the clinical laboratory at St. Francis Health System in Tulsa, Oklahoma, implemented a unique automated laboratory inventory management system that utilizes RFID. In the first four months, the system helped the hospital cut the value of inventory on hand by $296,000. Another direct cost savings was a 75% reduction in staff time required for inventory control. Payback from this investment was swift and lab administration says it is saving more than $169,000 each year because of this system.

Read full article (PDF download)
No part of this article may be reproduced or posted online without permission from THE DARK REPORT. This document contains confidential copyrighted material.

Comments

Leave a Reply