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Children's Hospital of Wisconsin Extends Real-Time Asset Tracking and Automated Charge Capture to their New Patient Pavilion
Date:4/6/2009

TRAVERSE CITY, Mich., April 6 /PRNewswire-FirstCall/ --

"The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency." ~Bill Gates

Children's Hospital of Wisconsin (CHW) has experienced the positive effects of technology firsthand with the infrared (IR) real-time asset tracking and automated charge capture systems. The system, NurseSaver(TM), is based on a technology developed by CaraFlow, LLC utilizing additional real-time locating system (RTLS) technology from Versus Technology, Inc. (Versus).

Having demonstrated considerable success with the system in a variety of areas such as:

  • A positive ROI through recovered charges and increased revenue
  • Savings through reduced rentals, search times and quicker equipment turnaround
  • Staff satisfaction with ease-of-use and reduced manual entry
  • Fewer billing errors and inquiries

CHW recently expanded the system to their new West Tower which opened March 30th, 2009. The West Tower is a 425,000-square-foot addition and includes 12-stories of patient clinics and specialized rooms. The addition takes the 236-bed hospital to 294 beds, with capacity for an additional 72 beds in the future.

By tracking the equipment in real-time using a system of sensors and ID tags from Versus and CaraFlow's wall-mounted NurseSaver units, CHW has significantly improved asset utilization, allowing them to eliminate 75% of their infusion pump rental expenses. CHW has also increased equipment billing accuracy from 80% to just under 100%, representing millions of dollars in recovered charges.

The combined technologies operate according to straightforward, well-defined
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SOURCE Versus Technology, Inc.
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