Why It’s Important to Have End-to-End Digital Transaction History and Transparent Asset Visibility in the Healthcare Industry

The healthcare industry is a complex and fast-paced environment that relies heavily on the availability and proper management of critical assets, including medical equipment and supplies. With the increasing emphasis on patient safety and quality of care, it is more important than ever to have end-to-end digital transaction history and transparent asset visibility. This is where Trakaid’s digital asset tracking solution comes in, providing hospitals and healthcare facilities with cutting-edge technology that streamlines workflows, reduces waste, and improves patient outcomes.

End-to-End Digital Transaction History

End-to-end digital transaction history refers to a complete record of the life cycle of an asset, from its creation to its eventual disposal. This can include medical devices, supplies, and even cylinders such as those used for storing medical oxygen in the healthcare industry. With Trakaid’s digital asset tracking solution, hospitals can have a complete digital record of each asset’s journey, including where it was sourced from, its usage history, and its eventual disposal.

Having a completely digital transaction history is important for several reasons:

  • It allows hospitals to quickly identify and address any issues with the asset, including potential recalls or defects. This can help hospitals maintain compliance with regulations and standards.
  • It can provide valuable data for inventory management and supply chain optimization, allowing hospitals to streamline their operations and reduce costs.
Transparent Asset Visibility

Transparent asset visibility refers to tracking and monitoring assets in real-time, from their current location to their condition and usage history. With Trakaid’s digital asset tracking solution Cylotrak, hospitals can have complete visibility into their assets, including medical cylinders used for storing medical oxygen, which are essential for many hospital procedures. Trakaid’s system uses multiple data acquisition technologies, including barcodes, RFID, and permanent tamper-proof QR codes, to provide real-time updates on the location and condition of each cylinder.

Having transparent asset visibility is critical for several reasons.

  • It ensures that hospitals have the necessary equipment and supplies available when needed most. This can be particularly important in emergency situations, where every second counts.
  • It can help hospitals optimize their workflows and reduce waste, ensuring that assets are used as efficiently and effectively as possible.
  • It can provide valuable data for compliance and audit purposes, allowing hospitals to quickly provide evidence of compliance during inspections.
CYLOTRAK: Trakaid’s Digital Asset Tracking Solution

Trakaid’s digital asset tracking solution Cylotrak provides hospitals and healthcare facilities with an end-to-end digital transaction history and transparent asset visibility for critical assets such as medical cylinders used for storing medical oxygen. With Trakaid, hospitals can ensure patients can access high-quality medical oxygen when needed most while optimizing their workflows, reducing waste, and saving money.

Trakaid’s system uses agnostic multiple data acquisition technologies to automate data capture and provide real-time updates on each cylinder’s location and condition. The system also uses built-in AI technology to detect when a cylinder stops participating in rotation, ensuring that cylinders are always in good condition and ready for use.

Additionally, Trakaid’s digital asset tracking solution is designed to be sustainable, reducing cylinder waste and minimizing the use of out-of-certification cylinders. This means that hospitals can play a role in protecting the environment while also improving patient care.

Conclusion

Having end-to-end digital transaction history and transparent asset visibility is critical in the healthcare industry, especially when it comes to managing critical assets such as medical cylinders used for storing medical oxygen. By providing a complete digital record of each asset’s journey and real-time updates on the location and condition of each asset, Trakaid’s system allows hospitals to maintain compliance with regulations and standards and optimize their inventory management and supply chain processes.

Trakaid’s digital asset tracking solution is a game-changing technology that can revolutionize the healthcare industry. Trakaid can help hospitals and healthcare facilities ensure patients receive the highest quality care while reducing waste and saving money by providing end-to-end digital transaction history and transparent asset visibility.

Don’t let inefficient workflows and outdated tracking methods hold your healthcare facility back. Visit Trakaid’s website today to learn more about its cutting-edge digital asset-tracking solutions.