Trends in RFID 2008
Publication Date: July 2008
Number of Pages: 74
Number of figures: 29
Report Price: $2,495 U.S. Dollars
enterprise pricing available upon request
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Introduction (download paper overview)
Trends in RFID 2008 presents the findings of an end-user market study
focused on the current state of Radio Frequency Identification (RFID)
adoption by larger healthcare organizations across the United States.
The report uncovers strong opinions regarding the market opportunities
and challenges for deploying RFID solutions for accurate mobile asset
and patient tracking, positive patient identification, and supply chain
Trends in RFID 2008 is an outgrowth of a similar study published by
Spyglass in August 2005 entitled Trends in RFID. Throughout this
report, Spyglass will compare and contrast interesting trends identified
across both studies.
The content for Trends in RFID 2008 was derived from 100 in-depth
interviews with healthcare professionals working in pharmacy, clinical
engineering, materials management, laboratory and
medical/nursing informatics. These professionals were
representative of a broad range of organization types and sizes.
Telephone interviews were conducted over a 3-month period starting in
March 2008. The purpose of the interviews was to identify the critical
needs and requirements for RFID through discussions about existing
workflow inefficiencies, wireless and RFID solution usage today, and the
potential impact for deploying RFID in the future.
Spyglass evaluated key vendor product offerings and identified early
adopter organizations that have successfully deployed point of care
- Software and hardware vendors, systems integrators and
management consultants who are selling mobile computing
devices, applications and services into the healthcare industry.
- Hospital administrators and IT executives who are making
strategic decisions to fund clinical information technology solutions
including mobile computing.
- Clinicians who are involved in informatics and clinical system
evaluation and selection.
- Investment banking and private equity investors
Radio Frequency Identification (RFID) is an enabling technology that
has broad applicability across the healthcare industry to enhance patient
safety, increase operational efficiency, and improve business
processes. With RFID, healthcare organizations can
• Locate high-value mobile assets
• Track patient movements
• Positively identify patients
• Track and trace high-cost medical supplies and pharmaceuticals
RFID excitement has been driven by mandates from Wal-Mart and the
Department of Defense who have required suppliers to apply passive
RFID tags on shipments to optimize supply chain management and
logistics. RFID healthcare investment has also been influenced by
external market factors including escalating healthcare costs, renewed
industry focus on patient safety, and chronic labor shortages.
RFID healthcare investments are experiencing explosive
growth. Larger provider organizations including regional hospitals,
academic medical centers and healthcare delivery systems have
significantly accelerated their adoption and investment in RFID. Larger
organizations are more likely to make investments in RFID than smaller
hospitals because they have a bigger physical footprint making it more
difficult to track objects.
RFID investments are focused on departmental applications.
Department heads and business-line managers are making investments
in RFID to solve specific business problems. Hospital administrators are
reluctant to embrace RFID solutions for enterprise-wide deployment until
the clinical, financial and operational efficacy of these solutions can be
demonstrated to provide value for the entire organization.
RFID tracking solutions provide compelling value proposition.
RFID solutions for tracking high-value mobile assets, patients and
medical staff provides healthcare organizations with a compelling value
proposition to increase operational efficiency, optimize patient flow
interactions and streamline workflow processes. These solutions
automate manual paper-based workflow processes where few alternative
IT solutions exist today.
Passive RFID solutions emerging for niche applications. Passive
RFID solutions are emerging for niche applications within specific
hospital departments for inventory management, patient identification
and quality assurance applications.
Spyglass Consulting Group
Market Intelligence for Competitive Advantage