Surg.io™, an emerging leader in software solutions for the management of orthopedic instrument and implant inventory as well as hospital sterile processing and perioperative solutions, has partnered with SimplyRFID, a veteran leader in tracking technology and inventory visibility solutions, announce an exclusive healthcare partnership to provide a fully integrated inventory management system that brings real-time visibility, tracking, and analytics to the entire hospital supply chain.
The medical device supply chain is inherently complex and full transparency has remained elusive for the majority of the healthcare industry. Hospitals and manufacturers alike have difficulty gaining oversight of even their highest-dollar assets.
Recent studies and surveys show that 80% of hospitals still manage their inventory via manual processes. Without tracking, up to 30% of their inventory expires on the shelves and hundreds of thousands - and often millions - of dollars in charges go uncaptured and unnecessary purchasing practices continue unabated.
The agreement combines two technology platforms that enable real-time location tracking plus artificial intelligence to reduce the potential for human error while increasing supply chain efficiencies. Surg.io and Simply RFID have jointly created the most advanced software/hardware solution to provide transparency and actionable analytics to the orthopedic & spine clinical arenas.