Press Release
Versus Technology, Inc.
Announces Sale of Real-time Location System to the St. Louis VA Medical
Center
(Traverse City, Michigan, July 8, 2009) – The St. Louis VAMC,
John Cochran Division has selected Enterprise VISion™, a real-time location
information system (RTLS) from Versus Technology, Inc. (Versus) to improve
efficiency and safety while helping to manage their growing patient
populations. Specifically, the St. Louis VAMC, a two-division, tertiary care
facility with over 200 hospital beds, will deploy VISion: Clinic™ in their
outpatient eye clinic and VISion: Perioperative Suite™ in their operating room for
automated patient tracking.
The Versus RTLS, used in hundreds of healthcare facilities for
process improvement, will display the real-time location of patients and staff,
automate and display staff-to-patient assignments, and reduce manual data entry
through custom rules designed to “trigger” events, alerts and automatic data
collection. Versus will provide real-time data on key performance indicators
(KPI) such as patient wait time to assist with quality improvement initiatives.
Versus will also provide the St. Louis VAMC with a custom
reporting mechanism that will allow the facility to collect historical data on
patient visits, patient and staff interactions, and patient volume relative to
other parameters such as time of day or staffing levels. These reporting
features will make it possible for the St. Louis VAMC to evaluate, modify and
improve processes based on actual and automatically collected data, rather than
perceptions, best guesses and error-prone data entry.
Versus’ asset tracking, bed management and patient flow
solutions are positively transforming healthcare by making patients safer,
staff more efficient, and communication more dynamic—all in a cost-effective
manner. “The VAs throughout the US are getting hit with budget cuts—even as they’re
seeing the number of patients increase,” says Paul Timmerman, VP of Sales and
Marketing at Versus. “They’re having to ask staff to do more with less. Versus
makes that task a little easier and less stressful. Ultimately, the outcome is
better patient care.”
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.
About The St. Louis VA Medical Center
The St. Louis VAMC is a
two-division, tertiary care facility with 218 approved hospital operating beds,
a 71-bed Community Living Center (CLC), a 50-bed Rehabilitation Domiciliary for
Homeless Veterans and a 25-bed Substance Abuse Residential Rehabilitation
Treatment Program (SARRTP) that provides a comprehensive range of services to
veterans who reside in 7 counties in eastern Missouri and 14 counties in
western Illinois. The medical center provides outpatient primary care and
specialty care services in addition to specialized inpatient care. The facility
also maintains Community Based Outpatient Clinics, in St. Charles, Missouri,
Belleville, Illinois and North St. Louis City. St. Louis VAMC is the
tertiary referral center for the VA Medical Centers in Marion, Illinois, and
Poplar Bluff, Missouri.
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.
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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
