At Northwestern Memorial Hospital, located in the heart of downtown Chicago, virtually every medical specialty is represented by its 1,603 on-site physicians. The hospital has reached Magnet Status, which is the gold standard for quality care, yet knew it had a major problem when it came to inventory control.
After turning to an RFID-based solution, Northwestern Memorial Hospital has solved nearly all of its inventory management issues. NMH was able to recognize a $3.75 million return on investment in the first year alone using an RFID solution from ARC Healthcare and Metro.
Aside from reducing inventory, NMH has virtually eliminated waste arising from expired product, significantly increased charge capture and released clinicians from involvement in inventory management.