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Get the details on ROI and the Radianse Performance Guarantee. Contact us using the request form. Write "ROI" in the comments section
Most customers are able to recoup their investment within 18 months!
Patient throughput automation
Faster bed turnover
Improved admission and discharge management
Fewer patient care delays
Better patient experience
Improved patient safety
Sustainable process improvement
Increased accountability and satisfaction
Improved readiness at each stage of care
Less asset shrinkage
Efficient rental equipment management
Improved scheduling
Enhanced competitive position
Increased surgical capacity for additional procedures
Increased medical device/equipment utilization
JCHAO compliance
Eliminated "hunting and gathering"
Improved response time to patients
Maximized billing opportunities
Accurate records of equipment use
Analyzed location and timing data
Found bottlenecks in processes and procedures
Enhanced workflow efficiency
Immediate healthcare gains and long-term satisfaction
The benefits of using real-time location begin as soon as the first users are up and running:
These few asset tracking successes are just the start. A Radianse RTLS is a single platform that supports asset utilization, patient throughput and healthcare staff optimization. Each provides powerful returns. We're so confident that you will achieve a return on investment that we guarantee it.
Radianse Performance Guarantee
Radianse RTLS healthcare applications deliver a measurable return in many ways and our customers typically see that return in 18 months or less. For customers that follow our three phase consultative approach for process assessment, site analysis, and site implementation, we've got you covered to recoup your investment.
Expect an ROI in Months!
Hospitals are under constant pressure to save money, increase efficiency, and improve safety and clinical outcomes. Radianse Reveal Patient Throughput supports each of these needs, contributing to a hospital's return on investment (ROI) for a real-time location system (RTLS). We're so confident that you will achieve that ROI in 18 months or less that we guarantee it.
Talk to Radianse about our three phase consultative approach for process assessment, site analysis and site implementation.
Hannibal Regional Hospital, 105 beds, achieved ROI within the first year based on increasing OR utilization, reducing overtime, and improving inventory management.
Massachusetts General Hospital, the renowned academic university, increased productivity, automated manual tasks, improved overall satisfaction and measured an initial increase in throughput greater than 40 percent.
Track returns for your hospital – Start with this checklist to see where you can save money and time with a Radianse RTLS in your healthcare organization.
| Patient Throughput ROI | ||||
|---|---|---|---|---|
| Hard Returns | Soft Returns | |||
| Increased Revenue |
Cost Avoidance |
Labor Savings |
Increased Satisfaction |
|
More efficient patient care |
X | |||
Increased patient throughput |
X | X | X | X |
Improved department efficiency |
X | |||
Fewer patient delays |
X | |||
Automate white boards |
X | X | ||
Automate charge capture |
X | |||
Reduce look time for patients during rounds, etc. |
X | X | ||
Hospitals using a Radianse RTLS platform for asset tracking quickly see gains in productivity, satisfaction and safety. We're so confident that you will achieve a return on investment that we guarantee you will see it in 18 months or less. Talk to Radianse about our three phase consultative approach for process assessment, site analysis and site implementation. The savings start right away – savings that you can apply to improving care instead of repurchasing equipment or renting more than is truly needed.
Brigham & Women's Hospital, Proves a 50% reduction in lost equipment in a pilot program, leading to hospital-wide coverage.
PinnacleHealth, ROI came in about 12 months. Documented savings of $900,000. People depend on it to find what they need when they need it.
University of Pennsylvania Health System, Real-time Asset Utilization has delivered in cost-savings, efficiency and improving the patient experience.
Track returns for your hospital – Start with this checklist to see where you can save money and time with a Radianse RTLS in your healthcare organization.
| Asset Utilization ROI | ||||
|---|---|---|---|---|
| Hard Returns | Soft Returns | |||
| Increased Revenue |
Cost Avoidance |
Labor Savings |
Increased Satisfaction |
|
Reduce lost equipment that results in more purchases |
X | |||
Reduce equipment rentals |
X | |||
Reduce "look time" and "could not locate" |
X | X | ||
Improve equipment utilization |
X | |||
Nurses find equipment faster |
X | X | ||
Fewer delays in patient care |
X | X | ||
Increase patient throughput |
X | X | X | X |
Improve departmental efficiency |
X | |||
Reduce intradepartmental conflict on asset ownership |
X | |||
A Radianse RTLS offers many ways to achieve a fast return on investment (ROI) for your healthcare organization. With Radianse Reveal Staff Optimization, you can apply time saved, efficiencies gained and information gathered for analyses and action among contributing ROI factors. Use this chart to identify other ways to maximize your return.
| Staff Optimization ROI | ||||
|---|---|---|---|---|
| Hard Returns | Soft Returns | |||
| Increased Revenue |
Cost Avoidance |
Labor Savings |
Increased Satisfaction |
|
Faster patient care |
X | |||
Increased patient throughput |
X | X | X | X |
Improved department efficiency |
X | |||
Improved staff scheduling |
X | X | ||