Press Release
Versus Technology To Showcase
Leading Enterprise Patient and Clinical Workflow Solutions at HIMSS 2009
(Traverse City, Michigan, April 3, 2009) – Recently, researchers
at the University of Maryland's Robert H. Smith School of Business conducted a
study of U.S. hospitals and discovered that poor communication has cost the
nation $12 billion a year. The study recommended solutions, including
location-based technology, to improve communication and help identify caregiver
locations. The results of this study come at a time when Versus Technology,
Inc. will be highlighting efficiency gains, improved communication and workflow
optimization as a result of Versus’ enterprise real-time locating system (RTLS)
at the Healthcare Information Management Systems Society (HIMSS) conference in
Chicago, IL April 5-8, 2009.
Whereas the University of Maryland’s study denotes the benefits
of location-based technology for “staff”—specifically nurses, Versus focuses on
how the workflow benefits extend to staff in all departments, from lab
technicians and clinical engineering staff to nurses, physicians and the
C-suite. Versus will also discuss the additional and often unexpected
beneficiaries, including, but not limited to, the hospital’s existing
information systems, clergy, social workers, volunteers and EMTs. Above all,
Versus keys in on the patient and the many benefits an accurate RTLS brings to
timely, effective and safe patient care.
The Versus locating system has gained widespread recognition
delivering clinical quality outcomes. In fact, Versus was recently awarded the
Frost & Sullivan 2009 Leadership of the Year Award for Healthcare RTLS.
Additionally, the American Hospital Association recently cited the Versus
locating system as a best practice for managing patient throughput in the Hospitals in Pursuit of Excellence series. Versus is the only RTLS vendor to receive these honors, and with good
reason. Versus has documented numerous cases of proven time savings, resulting
in greater efficiency for staff and peace of mind for patients, in addition to
millions of dollars captured as a result of improved processes. Versus will be showcasing its solutions
and client successes at HIMSS, Booth #4651, Hall A
►
Versus will be offering live
locating demonstrations and our experts will be on hand to answer any
questions.
►
During a special Pavilion Product Session, Deb Brown, CHR Analyst
& Project Manager from St. Joseph Hospital in Bellingham, WA (one of our
PeaceHealth sites) will be co-presenting with HT Snowday, CTO of Versus. The
session, Beyond Locating: Using RTLS in Support of Positive Clinical
Outcomesis scheduled for Sunday, April 5th, 2009 from
5:15-6:00 PM and will explain how staff at St. Joseph Hospital view their two,
physically separated EDs simultaneously as well as increased efficiencies and
enhanced communication of patient and visit milestones as a result of the Versus
system.
►
Sunday, April 5, 2009 from 9:45-10:45, Henry Tenarvitz, Chief
Intellectual Property Officer of Versus and Cindy McKinney, FHIMSS Director of
Healthcare of IBM Healthlink Solutions will present Leveraging Dashboards to Monitor
Clinical Process Improvement.
Beyond stop-loss programs and helping hospitals recoup that
estimated $4 million lost to poor communication (at a typical 500-bed
facility), Versus helps generate additional revenue through real-time
improvements to Key Performance Indicators, effective bed management and
lean-process improvement reporting. Versus’ infrared and active RFID locating
system is exclusively endorsed by the American Hospital Association as part of
its Patient Flow Platform, in part due to Versus’ ability to effect transformational
change to the care delivery network.
About Versus Technology, Inc.
For
nearly 20 years, Versus Technology, Inc. has maintained the leadership position
in the development and sale of context-aware real-time location systems (RTLS) used for enterprise patient tracking, bed management and asset
tracking to improve patient
flow and caregiver/patient
communications in hospitals, clinics and long-term care facilities. Versus also
develops dual infrared and Active RFID tags and other location tracking
hardware to make locating systems more precise, security systems more
intelligent, nurse call systems automatic, and hospital asset tracking systems
more efficient. Indoor positioning through Versus’ RTLS enhances existing
hospital software and patient care systems with real-time, reliable bed-level
location information. The patented Versus IR and Active RFID patient and asset tracking system is exclusively endorsed by
the American Hospital Association and is a key component of their Patient Flow
Platform—which includes a select group of vendors that provide proven solutions
to enhance patient flow and improve patient safety. (www.versustech.com; Pink Sheets: VSTI.PK)
Safe Harbor Provision
This
document may contain forward-looking statements relating to future events, such
as the development of new products, the commencement of production, or the
future financial performance of the Company. These statements fall within the
meaning of forward-looking information as defined in the Private Securities
Litigation Reform Act of 1995. These statements are subject to a number of
important risks and uncertainties that could cause actual results to differ
materially including, but not limited to, economic, competitive, governmental,
and technological factors affecting the Company’s markets and market growth
rates, products and their rate of commercialization, services, prices and
adequacy of financing, and other factors. The Company undertakes no obligation
to update, amend, or clarify forward-looking statements, whether because of new
information, future events, or otherwise.
###
Media
Contact: Investor/Analyst
Contact:
Versus Technology, Inc. Versus Technology,
Inc.
Stephanie Bertschy, Director of Marketing Joseph Winowiecki, Chief
Financial Officer
877.983.7787 231.946.5868
skb@versustech.com joew@versustech.com
