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Hospital Asset Tracking

Hospitals have an average of 10 to 15 devices per bed. A small hospital with 300 beds has thousands of assets to manage

The Problem Hospitals Face:

  • Hospitals are experiencing up to 20% shrinkage due to lost or stolen mobile medical equipment.
  • They’re spending an average of $3,000 per item to replace missing assets—millions annually.
  • Thousands of staff hours are wasted searching for misplaced equipment.
  • Asset utilization averages only 42%, leading to unnecessary rentals and delays.
  • Patient care and operational efficiency are negatively impacted.

Iveda designed a comprehensive asset management solution: IvedaRTLS, our AI-powered Real-Time Location System, which combines precision BLE tracking with an AI-backed platform that cuts RF noise for unmatched accuracy. IvedaRTLS enables real-time visibility and geo-fencing alerts when equipment moves outside designated zones—dramatically reducing loss and improving resource allocation. With successful deployments like Changhua Christian Hospital in Taiwan, hospitals are now able to locate essential items instantly, recover misplaced equipment, and prevent theft—all with the click of a button.

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IvedaAI can also help hospitals implement healthy behavior among personnel using its Health AI functions which includes mask, social distancing, temperature and occupancy detection.

IvedaAI AI-based video analytics, leveraging existing video surveillance system. Implement QR Code tagging on critical assets to track movement.

This platform utilizes small trackers and sensors for assets too small or irregular shape for QR code labeling (e.g., wheelchairs).

Benefits of IvedaRTLS

  • Instantly locate critical medical equipment exactly when and where it’s needed most
  • Track real-time movement history of assets to reduce loss and improve planning
  • Eliminate wasted staff hours spent searching for misplaced devices
  • Increase equipment utilization beyond the current 42% industry average
  • Maximize ROI on mobile assets through improved availability and use
  • Streamline staff management with the IvedaRTLS E-Badge, offering visibility into movement and location
  • Simplify inventory management with real-time tracking and automated monitoring
  • Enable faster, more efficient shift changeovers with up-to-date asset and personnel location data