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Daniel Tubbs Francis Doligosa Brian Easton Jason Sadler Latricia Simon Joseph Williams. The STATag. Solutions for Real-Time Equipment Tracking. Problem. Hospitals need to reduce costs to increase profitability From 1997 to 2001, spending on hospital care increased by $83.6 Billion
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Daniel Tubbs Francis Doligosa Brian Easton Jason Sadler Latricia Simon Joseph Williams
The STATag Solutions for Real-Time Equipment Tracking
Problem • Hospitals need to reduce costs to increase profitability • From 1997 to 2001, spending on hospital care increased by $83.6 Billion • Hospital gross margins have declined annually every year since 1997
Solution The use of Real-Time Equipment Tracking (RTET) with STATags will: • Reduce man hours searching for needed equipment • Increase staff efficiency • Improve equipment utilization
Market Analysis Our target market is US hospitals: • Hospitals: 5,794 • Total Registered Beds: 975,962 • Estimated mobile medical equipment in US: Approximately 5 Million • Potential future market: International hospitals
Market Analysis (continued) • Hospital equipment is very expensive and highly mobile • Equipment tracking is a large problem that causes: • Time consuming equipment searches • Unnecessary equipment purchases • Initial target price: < $20.00 per tag
Objective Create a Real-Time Equipment Tracking system that increases staff efficiency and allows hospitals to reduce operating costs
STATag Cons • More expensive setup than RFID or Barcode • Requires periodic battery replacement and calibration • Accuracy degrades slowly over time
STATag Pros • Less expensive than Real-Time Locating System • Eliminates labor intensive and error prone manual inventories • Instantly locates any tagged equipment • Detects tag removal, minimizing theft • Versatile report generation
STATags will: • Use “Dead Reckoning” to determine current location • Use network security • Self-discover & self-configure network • Handle large quantities of equipment
STATags will (continued): • Activate Alarms • Store historical location and usage data • Run without intervention for long periods • Battery lasts 5-7 years • Need calibration only when battery is changed
STATags will not: • Prevent theft • Collect or transmit personally identifiable health information (covered under HIPAA) • Communicate further than 100 feet between STATags
Technical Issues • Component Selection • Size/Cost inverse relationship • Battery life and low power consuming components • Balance between accuracy and cost • Simplify design
Resource Issues • Need an electrical engineer for final design • Outsource manufacturing • In-house software development • Data collection/Database • Web based user Interface • Startup capital • Prototype testing
Management Issues • This technology has great potential • Conducted interviews that represent: • Hospital staff and hospital management • Civilian and Naval hospitals • Technical project manager with NASA and Lockheed Martin experience • Currently pursuing contacts with additional hospitals and Harris Communications
Major Risks • Interference with hospital monitoring equipment • Conflicts with other 2.4 GHz networks • 802.15.4 and ZigBee are new standards and therefore there maybe unknown issues
Conclusion • Hospitals are doing more business, but making less profit • STATag use allows hospitals to lower costs by: • Freeing staff to treat patients • Minimizing unnecessary equipment purchases • Hospitals need STATags