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Daniel Tubbs

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... identifiable health information (covered under HIPAA) ... In-house software development. Data collection/Database. Web based user Interface. Startup capital ... – PowerPoint PPT presentation

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Title: Daniel Tubbs


1
  • Daniel Tubbs
  • Francis Doligosa
  • Brian Easton
  • Jason Sadler
  • Latricia Simon
  • Joseph Williams

2
The STATag
  • Solutions for
  • Real-Time Equipment Tracking

3
Problem
  • Hospitals need to reduce costs to increase
    profitability
  • From 1997 to 2001, spending on hospital care
    increased by 83.6 Billion
  • Hospital gross margins have declined annually
    every year since 1997

4
Solution
  • The use of Real-Time Equipment Tracking (RTET)
    with STATags will
  • Reduce man hours searching for needed equipment
  • Increase staff efficiency
  • Improve equipment utilization

5
Market Analysis
  • Our target market is US hospitals
  • Hospitals 5,794
  • Total Registered Beds 975,962
  • Estimated mobile medical equipment in US
    Approximately 5 Million
  • Potential future market International hospitals

6
Market Analysis (continued)
  • Hospital equipment is very expensive and highly
    mobile
  • Equipment tracking is a large problem that
    causes
  • Time consuming equipment searches
  • Unnecessary equipment purchases
  • Initial target price lt 20.00 per tag

7
Objective
  • Create a Real-Time Equipment Tracking system
    that increases staff efficiency and allows
    hospitals to reduce operating costs

8
STATag Cons
  • More expensive setup than RFID or Barcode
  • Requires periodic battery replacement and
    calibration
  • Accuracy degrades slowly over time

9
STATag Pros
  • Less expensive than Real-Time Locating System
  • Eliminates labor intensive and error prone manual
    inventories
  • Instantly locates any tagged equipment
  • Detects tag removal, minimizing theft
  • Versatile report generation

10
STATags will
  • Use Dead Reckoning to determine current
    location
  • Use network security
  • Self-discover self-configure network
  • Handle large quantities of equipment

11
STATags will (continued)
  • Activate Alarms
  • Store historical location and usage data
  • Run without intervention for long periods
  • Battery lasts 5-7 years
  • Need calibration only when battery is changed

12
STATags will not
  • Prevent theft
  • Collect or transmit personally identifiable
    health information (covered under HIPAA)
  • Communicate further than 100 feet between STATags

13
Individual STATag
14
STATag Network
15
Technical Issues
  • Component Selection
  • Size/Cost inverse relationship
  • Battery life and low power consuming components
  • Balance between accuracy and cost
  • Simplify design

16
Resource Issues
  • Need an electrical engineer for final design
  • Outsource manufacturing
  • In-house software development
  • Data collection/Database
  • Web based user Interface
  • Startup capital
  • Prototype testing

17
Management Issues
  • This technology has great potential
  • Conducted interviews that represent
  • Hospital staff and hospital management
  • Civilian and Naval hospitals
  • Technical project manager with NASA and Lockheed
    Martin experience
  • Currently pursuing contacts with additional
    hospitals and Harris Communications

18
Team Distribution
19
Major Risks
  • Interference with hospital monitoring equipment
  • Conflicts with other 2.4 GHz networks
  • 802.15.4 and ZigBee are new standards and
    therefore there maybe unknown issues

20
Conclusion
  • Hospitals are doing more business, but making
    less profit
  • STATag use allows hospitals to lower costs by
  • Freeing staff to treat patients
  • Minimizing unnecessary equipment purchases
  • Hospitals need STATags
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