INTRODUCING THE FIRST EVER RFID-ENABLED inventory management solution BUILT EXCLUSIVELY FOR HEALTHCARE PROVIDERS.

Ordering &
Purchasing

Invoice
Management

Case Costing &
Management

Inventory
Management

Dashboards &
Analytics

Implant
Consignment
Management

Advanced Materials
Management

Digital Preference
Cards

Real Time
Location Systems
(RTLS)

HOW CAN CAPSURETM BENEFIT MY PRACTICE?

Real time inventory visibility

Efficiency & Reduced Loss via Automation

INCREASED PROFITs

LABOR SAVINGS

IMPROVED COMPLIANCE & PATIENT SAFETY

CAPSURETM FEATURES

CAPSURETM also offers an Ambulatory Surgery Center (ASC) module that includes all CAPSURETM features plus real time case costing and digitized preference cards. With nearly 50% of ASC costs attributed to supplies and supply chain management, CAPSURETM brings an affordable solution to reduce costs and improve your bottom line.

Ordering & Purchasing

Easy to use, self-service Ordering system

BENEFITS

  • Easy to use self-service requisitions
  • Search by order status/requisition
  • Drill down/print
  • Re-order previous completed orders
  • Manage exceptions with a powerful
  • Visibility to all orders by users' locations
  • Sort by status/location/date, order detail
  • Create favorite orders
  • Create new orders
  • Workflow engine

Component

  • Self service requisitioning
  • Integration with key suppliers
  • Price management
  • Purchasing approvals

Inventory Management

Reduce on-hand inventory & boost margins

BENEFITS

  • View and manage inventory levels across unlimited stocking locations
  • Monitor department-specific supply expenses across any time frame
  • Track expiration dates as well as lot and serial numbers for individual products
  • Analyze case costing data by tying product usage to physicians and procedure types
  • Tie billable product use to patient accounts to ensure accurate reimbursement
  • Work with your preferred inventory valuation method: FIFO, LIFO, Weighted Average, Last Cost, or Standard Cost

Component

  • Ordering
  • Receiving
  • PAR levels
  • Reconciling
  • Mobile scanning

Advanced Materials Management

Benefit from automation with efficient & affordable technology

BENEFITS

  • Automates transactions across the supply chain
  • Eliminates need for manual reconciliations Run leaner inventory & prevent stock outs Reduces waste
  • Versatile device options (wands, portal readers, refrigerators, ULT freezers, ambient cabinets)
  • HIPAA-compliant cloud based platform

Component

  • Requisition & PAR management RFID application
  • CAPSUREWANDTM
  • CAPSUREENCLOSURESTMTM
  • Patient charge capture e-Lock access control

CAPSUREWANDTM

CAPSUREWANDTM is a tablet/smartphone-enabled RFID device used for inventory & asset management. It expands RFID capabilities beyond traditional enclosures, making it affordable for small/medium-sized providers. The tag scanning technology allows efficient counting of closets/stockrooms, cabinets, and refrigerators and enables locating of specific items (items that are nearing expiration or are expired, for example).

The wand connects to your smart device's audio port. It has up to 25' read range using UHF Gen 2 RFID tags.

CAPSUREENCLOSURESTM

Our e-Lock integrated ambient cabinet enclosures protect your valuable products and supplies. Using PIN code or swipe card access control and audit trailing, your practice has full visibility to user level access tracking, unauthorized breach notifications, and temperature alerts across all locations and all enclosures. Combined with the CAPSURETMplatform and the CAPSUREWANDTM, performing daily physical counts only takes second allowing you to reconcile daily or as often as needed.

BENEFITS

  • Lower inventory management costs
  • Improve regulatory compliance
  • Monitoring of product expiration dates
  • Prevent stockouts and maximize revenue

Products

  • Refrigerators
  • Freezers
  • Cabinets
  • Pre-assembled cabinets

e-Lock Access Control

Our e-Locks provide access control with audit trail capabilities and/or temperature monitoring (if needed) for drug & supply cabinets, refrigerators and freezers.

BENEFITS

  • Allow authorized users to access products anytime without manual sign-out
  • RFID-based self check-out station Doorway portal ensures check-out

Features

  • Secure access control with 4 modes of access
  • Ability to retrofit a refrigerator or cabinet
  • Temperature monitoring & alerts
  • Unauthorized entry notifications
  • Data history and event audit trail

Invoice Management

Eliminate false, inflated & duplicate invoices

BENEFITS

  • Electronic 3 way match (purchase order, packing slip, invoice)
  • Price monitoring
  • Internal cost control

Commponents

  • Price database
  • Integration with suppliers
  • Integration with Oracle ERP

Dashboards & Analytics

Inventory oversight with real time data across all locations, enclosures, and users

BENEFITS

  • Track drug usage at the clinic or patient level
  • Online visibility to purchase orders, receipts and transactions
  • Monitor waste
  • Locate tags/products

Commponents

  • Daily inventory summary
  • Expiration alerts Reports

Case Costing & Management

Easy and Accurate costing per case allows for improved strategic business planning & management

BENEFITS

  • Cost per case delivered in real time
  • Peer to peer utilization comparison
  • Regularly updated preference cards
  • RTLS – tracking patients and employees throughout the surgical encounter
  • Support for time related charges (i.e. anesthesia)
  • Reduced employee hoarding (reduced stock on-hand)
  • Consignment management

Commponents

  • Digitized preference cards
  • Profitability by patient/procedure
  • Integrate depletions
  • Utilization review
  • Peer review
  • Manage payer-specific ancillary billing
  • Data aggregation/ de-identification/integration

Implant Consignment

Increased consignment capacity significantly reduces implant handling costs and boosts margins

BENEFITS

  • Reduced costs for shipping returns
  • Reduced labor costs associated with implant management
  • Insured implant availability
  • Streamlined accounts payable – reduced credit tracking for return

Commponents

  • Pre-op implant reservation
  • Automated breakthrough ordering
  • Automated invoicing at close of case

TAKE THE CAPSURETM TEST

As an industry standard, 40-50% of Ambulatory Surgery Center (ASC) expenses are related to supply chain and 20-35% of clinic expenses are related to supply chain. Reducing your inventory related costs improves the bottom line, dollar for dollar. That means, a dollar for dollar increase in profit.

Case Study Example
Cost of Goods sold (COGS)
Supply Chain Relatd COGS
Labor Expense Related to Supply Chain
Total Supply chain Related Expenses
27%
5%
means
added profit to your bottom line
Reducing your COGS by

TAKE THE CAPSURETM TEST

  • Are you unable to reconcile daily to find missed charges, lost or stolen product?
  • Does your inventory sit on the shelf more than 30 days?
  • Does your practice discard expired products?
  • Do employees hoard items for fear of running out?
  • Have your suppliers ever overcharged you or increased your prices without telling you?
  • Is your practice at risk for failing to account for "waste" when using multi-dose vials (i.e. Botox)?
  • Are you manually tracking narcotics, or not tracking them at all?
  • Do your employees spend too much time on inventory (reconciling, ordering, counting, receiving, paying invoices)?
  • Would you like to account for your on-hand inventory on the Balance Sheet?
  • Is your practice at risk should a product be recalled (unable to track lot numbers to patients)?
  • Would you like to have an automated expense control/approval process?
YES
If you answered yes to any of these questions, CAPSURETM is for you!