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SpaceTRAX® Inventory Management

SpaceTRAX® Inventory Management

SpaceTRAX® Inventory Management

Product catalog summary
Challenges
Inefficient manual processes hinder real-time visibility into supplies, leading to overstocking, expired items, missed charges, and unnecessary carrying costs.
Solution
SpaceTRAX is a real-time inventory management solution that tracks item details such as lot, batch, serial number, and expiration. It integrates with hospital EMR systems to automate supply chain processes, providing alerts for expiring or recalled products.
How It Works
By scanning barcodes, SpaceTRAX captures relevant item information and sends charges directly to billing systems. It eliminates manual entry and provides automatic alerts for inventory management.
Solution Benefits
  • Promotes clinical efficiency by capturing key information for case management.
  • Maintains a robust, accurate global item database.
  • Offers flexible reporting across multiple departments and facilities.
  • No capital costs due to its web-based SaaS model, allowing rapid deployment.
Customer Testimonial
UnityPoint Methodist Hospital reports less than 1% variances in inventory.
About Securitas Healthcare
Securitas Healthcare provides innovative healthcare solutions to over 15,000 organizations worldwide, focusing on connected, productive, and safe care environments.
Key Metrics
  • 5% to 10% reduction in on-hand inventory.
  • 10% to 30% reduction in labor costs for inventory management.
  • 50% to 100% reduction in expired item costs.
  • 1% to 3% increase in vendor discounts.
Why Choose SpaceTRAX?
  • No capital costs and rapid deployment.
  • Integration with billing, purchasing, and patient information systems.
  • Increased ROI through optimized inventory levels and increased charge capture.
See more

Catalog excerpts

SpaceTRAX® Inventory Management-1

SOLUTION OVERVIEW SOLUTION BENEFITS • Promotes clinical efficiency. SpaceTRAX makes life easy for clinical users at the point of use and for staff managing departmental inventory—automatically capturing key information for case management, including supplies, patient, staff and clinical attributes. • Robust, accurate database. Our global item database is continually updated in a consistent nomenclature by clinical experts. • Flexible reporting. Rollup reporting for multiple departments in multiple hospitals. No other system provides instant department and facility roll-up. • No capital costs. SpaceTRAX is an entirely web-based SaaS application that requires no capital investment and minimal IT involvement. You can be up and running over a long weekend with our streamlined implementation process. SpaceTRAX works with all existing storage units. Inefficient manual processes that hinder real-time visibility into supplies and how they’re being utilized. Overstocking of items leads to items expiring on the shelf. Items missed on a procedure result in lost/missed charges. Unnecessary carrying costs associated with “just-in-case” purchases and zero-use items. SpaceTRAX is a real-time point-of-use inventory management solution that provides visibility into what’s expiring and when, what needs to be re-ordered and when, and utilization by physician, patient and procedure. SpaceTRAX keeps track of lot, batch, serial number and expiration for every item in a Unique Device Identification (UDI) compatible format. Simply scan the barcode and SpaceTRAX captures all the relevant information. With standard interfaces to the hospital’s EMR it can send item charges directly to the billing system. Automating the supply chain process puts an end to manually keying items to be ordered. Automatic alerts flag when items are approaching expiration and if an expired or recalled product is scanned for use in a procedure. - Tim Crear Supply Manager UnityPoint Methodist Hosp

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SpaceTRAX® Inventory Management-2

Why choose SpaceTRAX? • No capital costs. • Rapid deployment. • Integration: Use SpaceTRAX anywhere you have an Internet connection. Standard interfaces are included for billing, purchasing, and patient information. • Increased ROI: Optimize inventory levels. Eliminate losses due to expired products. Eliminate guesstimating and oversupplying. Increase charge capture. SpaceTRAX customers see returns within the first 6 months 4600 Vine Street Lincoln, NE 68503 +1 888 622 6992 North America [email protected] REDUCTION OF ON-HAND INVENTORY REDUCTION OF LABOR COST TO MANAGE INVENTORY REDUCTION...

 Open the catalog to page 2

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