Get more from your Electronic Medical Record
iRISupply is a set of simple-to-use software tools that automates the process to capture needed implant and supply usage into your Electronic Medical Record (EMR). On the back-end, the system provides rich and actionable analytics to help drive efficiencies in your surgical and interventional suites.
iRISupply creates truly needle-moving improvements in charge capture and revenue to your EMR using RFID technology. iRISupply is proven to increase charge capture by 18% over a bar-code based system. Business intelligence from the data derived from iRISupply can help predict usage patterns for your medical devices and lower spend by as much as 20%.
Implemented in a variety of levels to meet a hospital’s needs and capital requirements, the solution makes strong economic sense to any hospital looking to derive more value from their EMR system.
The following are actual benefits clients have experienced using iRISupply:
- 20% increase in cash collections ($750,000) at an academic medical center
- 30% increase in charge capture accuracy ($5,600/case) at a pediatric hospital
- 12% ($230,000) reduction in on-hand inventory at an academic medical center within 12 months of go-live
- $250,000 reduction in annual costs associated with product expiration at a community hospital
- 30% reduction of staff time spent on administrative tasks
- Increased accuracy and efficiency in responding to a product recall at a pediatric hospital
Customer Success Story: Massachusetts General Hospital Improves Revenue by 20%
Massachusetts General Hospital (MGH), a leading academic medical center in Boston, MA, published a non-sponsored, independent research study about Mobile Aspects iRISupply surgical documentation and revenue cycle improvement solutions within the interventional radiology (IR) department at MGH. The entire article can be found in the Journal of American College of Radiology (JACR).
Key Financial Indicators:
$2.1M increase in charge capture
$750,000 (20%) increase in cash collection
System delivered 4x ROI in first month of use
30% reduction in non-value added time spent by staff on manual inventory processes
Increase achieved by conversion from well-known bar code-based system
IMPROVE CLINICAL DOCUMENTATION
With iRISupply, you can improve your clinical documentation and make sure your team is capturing all the devices used in each procedure. iRISupply has been proven to show an 18% improvement over a bar-code based capture system in a hospital setting. Even greater improvements can be expected over the manual systems that many hospitals still use.
Capturing all the items used in each case ensures that your hospital is receiving all the revenue it is owed for its work. With insurers scrutinizing and potentially penalizing any over-billings and under-billings, you must be sure to include only legitimate items in each patient bill. iRISupply RFID technology is a great way to automate your charge capture processes and ensure that your data is accurate and defensible.
ELIMINATE MANUAL DATA ENTRY
Imagine a day without button-clicks, drop-down menus, bar-codes and stickers. How much time and frustration would this save you while documenting items used in a case? iRISupply accomplishes this by using RFID technology to create hands-free data capture and integrating directly with your EMR. iRISupply also makes sure the data is more accurate and timely, leading to real ROI for your hospital.
Without any mouse clicks or keyboard entry, iRISupply can:
Capture all item-level product tracking, including lot number, serial number, and expiration date
Seamlessly send usage data to your EMR, billing and materials management systems
Get your department Unique Device Identification (UDI) compliant by tracking the unique identifier of each device
OPTIMIZE INVENTORY CONTROL
Hospitals continue to be overrun with the same inventory management challenges that they have faced for decades. Does your department face any of these challenges?
Hiding safety stock in desks or drawers
Other departments “borrowing” your inventory with no traceability
Throwing away too many expired items
Frequently running out of the items that you do need for your procedures
If so, iRISupply’s RFID technology is the ideal solution. Our technology allows you to realize the following operational efficiencies and financial benefits:
Set your PAR levels for maximum efficiency
Real-time expiration alerts
Optimize your owned/consigned mix
Simplified product recalls with real-time search
REDUCE TIME SPENT MANAGING INVENTORY
Do you spend too much time trying to make sure you have the products you need on the shelf when you need them? Do you wish you could spend more of your time on patient care instead of administrative tasks? iRISupply has been proven to reduce time spent on manual processes by 30% across your department.
With iRISupply, you can:
Eliminate “eyeballing” inventory counts during your daily re-order process
Minimize manual order entry by integrating directly with your materials management system to automatically re-order items based on usage
Search for a product you need and locate it in real-time across your hospital or IDN
Eliminate charge stickers and “tick sheets”
Provide real-time expiration alerts
SEAMLESS EMR AND HIS INTEGRATION
iRISupply integrates directly with your hospital’s EMR, materials management, billing and other hospital information systems (HIS). This allows for the real-time, effortless documentation of your item usage without manual entry. Mobile Aspects will customize its interfaces to match your hospital’s systems and all data will sit behind your hospital’s firewall to ensure its security.
Selected systems we’ve previously worked with:
Infor / Lawson
Oracle / PeopleSoft
Siemens/Cerner INVISION Financials
Siemens/Cerner AXIOM Sensis
Sun Microsystems eGate