WaveMark unveiled its newest Clinical Business Intelligence and Real Time Inventory Management (CIMS) solution set. The WaveMark solution leverages RFID technology to track high value medical supplies such as stents, catheters or implantable cardiac defibrillators through receipt, storage and clinical use.
The system captures individual device serial number, lot number, and expiration date and purchase order number. When the clinician selects the device, the RFID tag identifies the device to CIMS, which associates the device with the patient, physician and room.
WaveMark’s CIMS solution allows management to study inventory levels over time with both tabular and graphic representation of usage by supplier, physician, and product type. Information can be used during contract negotiations as a check on past device usage, expirations and waste.
In addition, the CIMS improves patient safety by notifying the clinician if the product has expired. And the RFID technology requires not manual data entry, allowing clinicians to focus on their patients and not inventory control.