Radianse Sets Sights on Delivering Next Generation RTLS Applications for Healthcare
Intelligent Information Solutions for healthcare based on real time associations and interactions
North Andover, Massachusetts, July 15, 2010 – Radianse, the pioneer and leading provider of healthcare Real Time Location Systems (RTLS), today announced that they are developing a comprehensive portfolio of applications designed to deliver significant measurable benefits and outcomes within healthcare. Intelligent Information Solutions (ISS) is a set of advanced software applications specifically created to address the needs and issues currently confronting every healthcare organization.
Radianse believes that monitoring assets and locating items defines the first generation of RTLS services, which were a positive and welcome set of tactical solutions in healthcare over the last few years. Radianse has become a pioneer and leader in that area and now has aggressively set its sights on taking a leadership role in defining the next generation of RTLS, which involves advanced business-centric applications that educate, automate, facilitate and deliver real-world outcomes.
"Utilizing the real time precise location data for all the tagged resources within a hospital allows a significant increase in operational execution, which translates into a better patient experience and overall patient-staff satisfaction", said Craig Benson, CEO of Radianse. "Also very important to the business is the ability to create new revenue capture opportunities, which will help healthcare organizations meet their bottom line".
Healthcare organizations today are faced with many difficult challenges. Delivering superior quality-of-care to patients is the primary function, but behind the scenes they are managing a complex business model that includes difficult budget constraints, limited space and capacity, urgent care situations that deal with life or death, juggling thousands of high-value assets, and the difficult task of generating greater revenue. Add to that equation a rapidly aging population, shrinking Emergency Room capacity and more aggressive safety compliancy issues being mandated, all add up to create more demand, higher expectations and a tough overall business climate.
Radianse's Intelligent Information Solutions will be specifically engineered to help address many of the challenges and issues felt throughout a healthcare environment, by using the inherent visibility and real time data delivered by the Radianse Reveal platform. The solution will seamlessly collect real time information, including location, movement, utilization, associations, relationships and more. The data collected will be used to drive critical business processes and assist in ongoing business operations.
Having accurate detailed data is a crucial element in making proper business decisions, driving process improvement, optimizing workflow and most other functional changes in an organization. Radianse's solution enables tactical, objective and analytical use of data to bring 'situational awareness' in respect to location, associations, relationships, movement and proximity of elements within the environment.
Once deployed, the Radianse's Intelligent Information Solution will quickly become a valuable technology based tool-set that can span across any and all departments, help improve many challenging processes and positively change the way hospitals function.
Radianse will be releasing additional information on each specific advanced business application within the Intelligent Information Solution portfolio as it is released.
Radianse provides intelligent solutions for healthcare by automatically collecting and processing real time location data, movement history, associations and relationship information on high-value assets, including equipment, patients and staff. Our patented algorithms and advanced software applications help optimize business processes, enhance patient throughput, reduce costs and improve operational efficiency within healthcare. Radianse products have been installed in more than 75 hospitals.