CDO said its new technology, known as Atlas, is based on the Tavis unified monitoring platform developed by Mesa, Arizona-based RF Code. It will also incorporate RF Code’s Mantis line of active radio frequency identification (RFID) tags and readers, extending the companies’ partnership which began in August 2004.
Lost and stolen equipment costs US hospitals as much as $4,000 per bed each year – a figure that can double when misplaced and improperly used items are factored in, according to Al Wofford, president of CDO. The Atlas product can optimize equipment utilization, reduce costs, and improve patient care dramatically.
In addition, according to CDO, the product can eliminate supply chain costs from the manufacturing and transportation cycle by recording real-time data about items as they pass through the manufacturing and distribution process.
