Omnia Health is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

How real-time location systems can reduce hospital costs and drive revenue growth

Article-How real-time location systems can reduce hospital costs and drive revenue growth

Image via Canva Pro patient experience
RTLS can help track the movement of assets and improve patient management.

Hospitals around the world have been struggling to operate optimally since the pandemic. For instance, there are still barriers to overcome concerning reducing patient wait time. In order to overcome such operational efficiency challenges, implementing Real-Time Location Systems (RTLS) is a necessity for most hospitals today.  

RTLS helps track the movement of assets, determine how frequently medical equipment is being used, and ascertain those that need repairs or replacements. RTLS can also be used for improved patient management. Let us examine why hospitals must consider using RTLS.  

Improve operational efficiency 

Older medical equipment can result in accidents, slow down treatment, and lengthen patient stay at the hospital. RTLS empowers hospitals to identify assets that need to be replaced based on various criteria. Think of RTLS as enterprise resource planning (ERP) for hospitals but with a more patient-centric focus. Hospitals can operate efficiently thanks to multiple modules that focus on patient safety, better treatment outcomes, and real-time insight.  

Ensure timely repairs and maintenance of assets 

Thanks to radio-frequency identification (RFID) and IoT sensors, RTLS identifies assets that require routine maintenance and those that need timely repairs. This ensures healthcare assets are not replaced haphazardly but retained as long as they are helpful and safe to use. Timely repairs also ensure smart asset utilisation and asset allocation. With real-time visibility of various equipment, hospitals can ensure quick replacements without needing to purchase more stock.  

Improve patient experience and safety 

The Patient Flow Management module within an RTLS can help staff to plan and manage the length of stay and surgery and patient transfer times. Real-time insights can help reduce patient wait time. All these factors can help to increase patient satisfaction and experience metrics while leading to patient loyalty.   

RTLS helps reduce costs and boost hospital revenue 

In the short term, RTLS helps healthcare organisations ensure quick and efficient patient care. In the long term, it enables them to reduce expenses, eliminate assets that are a liability, and implement policies that enhance the efficiency of healthcare operations. Most importantly, RTLS helps hospitals improve patient experience and ensure safety. This results in enhanced patient experience and satisfaction, both of which drive brand loyalty and improved brand image.  

Back to Management

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.