Findings underscore the need for hospitals to
ensure real-time availability of medical assets for optimal patient
care
Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital
solution provider enabling businesses to intelligently connect
data, assets, and people, today announced the findings of its
latest hospital vision study titled, Critical Supplies, Critical
Outcomes: The Quest for Excellence in Materials Management. The
study confirmed most (84%) non-clinical hospital leaders believe
integrating automated and digitized inventory tracking systems of
anything used or administered at patients’ bedsides is a priority
for their organizations.
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Zebra Technologies released the findings
of its latest hospital vision study titled, Critical Supplies,
Critical Outcomes: The Quest for Excellence in Materials
Management. (Photo: Zebra Technologies)
Hospital asset inventories must be managed precisely to ensure
clinicians have the essential supplies, equipment, and medications
readily available to provide the best patient care. Yet materials
management is an ongoing challenge for hospitals which can impede
positive outcomes. A McKinsey report indicates nurses expressed the
desire to reduce time spent searching for medical assets by half
during shifts to increase their ability to focus on patient
care.
Seven in 10 (74%) hospital leaders surveyed acknowledge
procedures or surgeries canceled due to out-of-stock, low-stock, or
lost supplies is a significant problem for their organizations.
Additionally, over three-fourths (77%) of them agree clinical staff
spend too much time searching for medical equipment, materials, or
supplies when needed, and 75% say it’s a challenge to recover all
recalled or expired items.
There is also a lack of faith in clinicians' reporting systems
to track adverse events resulting from inventory issues. Seven in
10 (76%) hospital leaders agree their organizations need to improve
systems for clinicians to report problems relating to out-of-stock,
low-stock, or lost inventory, equipment, or supplies to improve
patient safety. Technology and digital solutions can help reduce
inventory and reporting issues by providing enhanced tracking,
visibility, and forecasting capabilities.
“Hospital staff must be able to identify, track, and capture the
location and status of critical resources in real time,” said Rikki
Jennings, Vertical Industry Principal Lead, Zebra Technologies.
“That's why we see rapid investment in locationing and automation
solutions. Non-clinical hospital leaders working in new ways with
technology behind the scenes can help improve the workflows of
front-line clinicians and enhance the patient experience.”
Digitization of Inventory Management Helps Boost Efficiency
and Patient Care
Hospital leaders have a significant impact on clinical staff and
the delivery of patient care. They must ensure medical supplies,
equipment, and medication are visible and accessible. Most (84%)
hospital leaders acknowledge their role and responsibility in
tracking and managing hospital inventory directly impacts patient
safety.
A substantial nine in 10 hospital leaders agree it’s vital to
track inventory in real time across categories including
pharmaceuticals, consumable/medical supplies, sterile instruments,
and implants. Over half of those surveyed believe real-time
location systems (RTLS) and radio frequency identification (RFID)
will improve inventory management. Nearly seven in 10 hospital
leaders indicate they plan to deploy RFID (68%) and RTLS (69%)
solutions within the next five years.
The Zebra study also confirmed that outdated or disparate
inventory systems get in the way of accurately managing inventory.
Four in 10 hospital leaders agree the most challenging workflows
are manual cycle counting in clinical storerooms/wards, lack of
real-time recording of supply use in surgical spaces, and order
fulfillment/replenishment of items in central storerooms.
Hospitals leveraging technology and digitization can strengthen
hospital workflows, benefiting physicians, nurses, support staff,
and patients alike. Eight in 10 hospital leaders believe real-time
location tracking is essential to optimal patient care. They also
agree the combined use of RFID and barcode scanners to track and
manage inventory would significantly help prevent and reduce
medical errors.
Artificial Intelligence (AI) Adds More Inventory Visibility
and Accuracy
Hospital leaders believe in the power of AI and analytics. In
fact, eight in 10 say AI would improve inventory accuracy and
visibility in their organizations. About seven in 10 agree
predictive analytics (73%) and prescriptive analytics (65%) would
also improve inventory management. AI analytics solutions can help
forecast inventory needs using historical data to help make more
informed and accurate decisions. Hospital leaders are expanding
their implementation of AI solutions: three in 10 say they
currently deploy AI, and six in 10 say they expect to deploy it
over the next five years.
Nearly eight in 10 (78%) hospital leaders also say it’s a
priority to use data and analytics to improve materials management.
They agree using AI would advance their ability to monitor and
predict demand, resulting in increased patient safety. While only
14% say they are currently using advanced analytics and demand
forecasting to predict inventory needs, 82% expect to deploy it
within the next one to five years.
KEY TAKEAWAYS
- Zebra Technologies released the findings of its latest hospital
vision study titled, Critical Supplies, Critical Outcomes: The
Quest for Excellence in Materials Management.
- Hospital leaders recognize the criticality of managing
inventory in real time and are turning to RFID, RTLS, and AI
analytics solutions to improve inventory tracking, visibility,
accuracy, and ultimately, patient care.
- Zebra’s study revealed a link between hospital leaders’
materials management and clinicians’ efficiency, productivity, and
ability to provide the best patient care.
SURVEY BACKGROUND AND METHODOLOGY
Zebra commissioned Azure Knowledge Corporation to conduct an
online survey among 280 non-clinical decision-makers in large
hospitals (1,000+ beds) in the United States and the United
Kingdom. These respondents are responsible for overseeing one or
more of the following inventory categories: medical devices,
durable medical equipment, implants, consumables, medical supplies,
pharmaceuticals, or sterile instruments.
ABOUT ZEBRA TECHNOLOGIES
Zebra (NASDAQ: ZBRA) helps organizations monitor, anticipate,
and accelerate workflows by empowering their frontline and ensuring
that everyone and everything is visible, connected and fully
optimized. Our award-winning portfolio spans software to
innovations in robotics, machine vision, automation and digital
decisioning, all backed by a +50-year legacy in scanning,
track-and-trace and mobile computing solutions. With an ecosystem
of 10,000 partners across more than 100 countries, Zebra’s
customers include over 80% of the Fortune 500. Newsweek recently
recognized Zebra as one of America’s Most Loved Workplaces and
Greatest Workplaces for Diversity, and we are on Fast Company’s
list of the Best Workplaces for Innovators. Learn more at
www.zebra.com or sign up for news alerts. Follow Zebra’s Your Edge
blog, LinkedIn, Twitter and Facebook, and check out our Story Hub:
Zebra Perspectives.
ZEBRA and the stylized Zebra head are trademarks of Zebra
Technologies Corp., registered in many jurisdictions worldwide. All
other trademarks are the property of their respective owners. ©2024
Zebra Technologies Corp. and/or its affiliates.
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version on businesswire.com: https://www.businesswire.com/news/home/20240513221603/en/
Media Contact: Michael Gilhooly Zebra Technologies
+1-708-814-5281 michael.gilhooly@zebra.com
Industry Analyst Contact: Kasia Fahmy Zebra Technologies
+1-224-306-8654 k.fahmy@zebra.com
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