Annual Savings: $2M
The $1M-a-Day Challenge took a back seat yesterday so we could produce this week’s issue of RFID 24-7, but we’re back at it for Day 3. Today’s use case that saves $1 million or more comes from the Mayo Clinic, which is using RFID to manage tissue samples as they move from the operating room on to various testing sites.
Mayo has deployed the EasySpecimen RFID solution from ODIN across its 42 GI/Colorectal Endoscopy suites and Anatomic Pathology Laboratory on the Rochester, Minn. campus. The EasySpecimen healthcare-specific RFID solution is designed to automate tracking and data entry in pathology labs, resulting in a significant reduction in specimen labeling errors, as well as benefit from resource and staffing savings.
In a typical lab that tests approximately 100,000 specimens per year, ODIN has realized cost savings of $1 million annually with respect to reducing paperwork, and more than $1 million in savings as a result of the reduction of mislabeled specimens.
ODIN anticipates seamless integration with most laboratory information systems (LIS ) and an expected return on investment of less than 12 months for a typical lab.
RFID can benefit a typical lab in four key areas, including 99.98 percent in specimen labeling accuracy; dramatic reduction in specimen source errors; increased lab productivity via paperless accessioning of specimens; and easier certification and audit capability.
ODIN’s RFID system has been proven to reduce error rates from industry averages of nearly 10 percent to under .002%.
Mayo Clinic has licensed the patent and know-how exclusively to ODIN for RFID-based specimen tracking. The solution uses ODIN’s patented RFID operating system software, off-the shelf passive RFID hardware and RFID tags. This offers medical centers an integrative, ubiquitous RFID tracking solution for pathology specimen management.
Mayo’s Department of Laboratory Medicine and Pathology has been working for four years developing an RFID system for specimen tracking within the GI/Colorectal Surgery Endoscopy Practice. In 2010, the Mayo team selected ODIN as its RFID software collaborator to replace and upgrade its legacy RFID system and commercialize the patented technology.