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How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain. Today’s Presenters. Lana Makhanik Chief Operating Officer, VUEMED lmakhanik@vuemed.com. Wendy Werblin Product Lead, Healthcare Solutions wwerblin@impinj.com. Today’s Topics. What is RAIN RFID?

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How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

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  1. How UDI-Compliant RAIN RFID Technology is Transforming the Healthcare Supply Chain

  2. Today’s Presenters Lana Makhanik Chief Operating Officer, VUEMED lmakhanik@vuemed.com Wendy Werblin Product Lead, Healthcare Solutions wwerblin@impinj.com

  3. Today’s Topics • What is RAIN RFID? • RAIN RFID in Healthcare • VUEMED’s approach to UDI Compliant Supply Chain Automation • System overview • Questions • Contacts

  4. Over 15 Billion Items Connected to Date with RAIN RFID 4

  5. Radio frequency identification (RFID) is a form of wireless communication that uses radio waves to identify and track objects About RAIN RFID Endpoints Reader Software ItemSense Software Tag Chip RFID Tag Tagged Item Gateways (Reader) Tag Chip Gateways/Readers RAIN RFID SYSTEM

  6. Retailers, Hospitals, Marathons, Airports, and More Depend on RAIN RFID

  7. RAIN Industry Growth Founding members of the RAIN Alliance: Growing Adoption 14.2 bn 2.9 bn 2018 2012 Source: Chainlink Research 2015 UHF Market Report RAIN is Established • Worldwide Spectrum & Standards • Global Tagging Ecosystem • RAIN Industry Alliance • Big Data Analytics Today, 100+ members worldwide and growing

  8. Transforming Healthcare Enhance Patient Experience Deliver Better Patient Care, More Effectively, With Better Outcomes Improve Quality Streamline Operations

  9. One Platform Delivering Item Intelligence to Multiple Applications Identity Location Authenticity Software Connectivity Software Impinj Platform Endpoints Connectivity Software Endpoints

  10. Why use automation to track supplies? Reduce or eliminate: • Accidental loss/shrinkage • Manual inventory process • Excess inventory • Waste from expirations Key benefits: • Traceability • UDI/regulatory compliance • Easy to scale • Accurate data

  11. VUEMED Solutions Cloud & SaaS & IoT VUEMED transforms the healthcare supply chain by tracking products from manufacturer to patient using standards-based UHF RFID solutions Medical Product RFID Tagging & Cloud Registration, and Traceability RFID Tracking on the Go, Anywhere You Need It Full UDI Compliance, Visibility and Traceability REAL ROI $$$ Billing Hospital Medical records Manufacturers Warehouses Distribution Logistics Purchasing Storage Areas Patients Procedure Rooms Medical Devices

  12. Superior Granularity of Data and Tracking VUEMED’s UHF RFID solutions provide real-time location and continuous visibility of clinical items throughout the hospital inside and outside cabinets RTLS with Continuous Process Tracking (CPT) vs. Transactional RFID Location C Location B Location A ? Traditional Transactional RFID Continuous Process Tracking (CPT)

  13. Ecosystem of Solutions That Transform Healthcare Cloud & SaaS & IoT VUEMED’s UHF RFID solutions address some of the most critical, costly, and challenging issues affecting the healthcare supply chain today Hands-free UHF Passive RFID solution reports live all inventory transactions throughout the supply chain with 99.5% accuracy—transaction-free Hand-held RFID technology device powered by the VueTrack-Mobile App to manage consigned inventory, trunk stock, provide VMI services, etc. Software/RFID printer solution that encodes and registers in the cloud RFID tags according to FDA UDI standards, using GS1 and EPC global standards

  14. What is UDI? • FDA-mandated • Standard encoding system for all medical devices • Enables track & trace from point of origin to the patient • Designed to prevent errors and support recalls • Human AND machine-readable label can use barcodes and RFID • Fully implemented by 2018

  15. UDI Vision & Promise What do you need the data for? OperationalSupply chain • Point of Use Capture • Shortages/Substitutions • Anti-counterfeiting/diversion • Disaster/terror preparation • Purchasing • Inventory Management • Logistics • Demand Planning Clinical Financial • Contract Compliance • Contract Accuracy • Recalls/Adverse event reporting • Comparative Effectiveness • Billing • Reimbursement • Meaningful Use REAL ROI $$$

  16. VUEMED’s Solution for UDI POINT OF DELIVERY POINT OF CARE Delivery Area/Dock & Disposal Supply Room Procedure Room Flow of Medical Products and Devices Data Capture & Feed Clinical Documentation Systems Hospital MMIS Purchasing EMR Contracting Billing Distribution Procurement Cloud & SaaS & IoT • Inventory availability • Par levels • Reorder • Product accurate ID • All pedigree info • Exact quantities Value Analysis Clinical Analysis

  17. 24/7 Visibility with Light UHF RFID Infrastructure • RAIN RFID Solutions—from Tag to Cloud • Global Standards Interoperability of VUEMED’s GS1 EPC Global Standards Compliant Infrastructure • RAIN RFID Antennas • For ceilings/walls/shelves • Inside or outside cabinets • Excite and read tags • RAIN RFID Readers & Hubs • Hidden in ceilings • Power the antennas • Route data to VUEMED Cloud • RAIN RFID Tags • For clinical products • For assets and SPD • For People VUEMED Cloud

  18. UDI Compliant RFID Tagging Solution • FDA-mandated Unique Device Identifier (UDI) data is resident on the tag itself using GS1 EPC GEN2 UHF (RAIN) encoding standards Tagging Station Tag Encoding • Device Identifier • Production Identifier Data as applicable: • Lot Number • Batch Number • Serial Number • Expiration Date • Manufacture Date • HCT/P ID The UDI-encoded RFID tag may be printed with human readable text and a 2D barcode blank

  19. Manufacturers Choose VUEMED The GS1 EPC global standards interoperability of VUEMED’s RFID Solutions enables these suppliers to: • Meet FDA UDI requirements for all medical devices and other supplies • Produce, read, and process any GS1 EPC Global RFID tag (GTIN and SGTIN) • Track consignment stocks and trunk stocks • Provide exciting VMI programs

  20. Typical ROI and Savings VUEMED is able to generate the highest ROI on the market with high performing, cost effective innovative RFID solutions Typical Sources of Savings: Typical Magnitude of Savings Eliminate expirationsOngoing waste reduction 8% to 12% of total inventory value Inventory size reductionOne-time and continuous lean levels 5% to 15% of total inventory value Reduction in product purchasesOpportunity to buy less and borrow instead of buy 10% of total new orders’ value 10% of total billed revenue Increase billed revenue captureCapture missed revenue, avoid fraud risks (insurance fines)

  21. Q&A http://hubs.impinj.com/contact-sales info@vuemed.com

  22. THANK YOU

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