Challenges and Chances in Healthcare - Part 2: Asset Tracking

November 28, 2017 by Silvia Pichler
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Challenges and Chances in Healthcare - Asset Tracking

In part 1 of the Challenges and Chances in Healthcare, we explored how indoor mapping and positioning are transforming the way people interact with indoor spaces. By enabling the visualization of spatial data in the context of a map, these technologies make it possible for healthcare institutions to offer indoor navigation and other location based services, such as asset tracking.

Challenge: Lack of Inventory Management

Misplaced and stolen equipment is a pressing issue that costs the healthcare industry millions of dollars each year.

As Post Gazette reports, up to 25% of a hospital’s wheelchair fleet is reported stolen or lost every year. Whether it is intentional or not, Brett Mello, director of information technology at Bronson Health Groupadmits that hospital equipment occasionally leaves the building with patients: "We found wheelchairs down the street, at the shopping mall".

Lost inventory also translates to a lack of a means of transportation for patients, which has a profoundly negative impact on patient experience, operations, and workflows.

Infographic - Inventory management inefficiencies at hospitals

According to the  Pittsburgh Healthcare System hospital , personnel were spending approximately 20 minutes of their working time searching for wheelchairs, wasting valuable time and money. 

Northern Illinois calculated their costs for lost wages from time spent looking for assets, and it amounted to $4,000 every day. That is over 1 million dollars a year. This problem applies to other mobile medical assets as well, such as portable ultrasound equipment, x-ray systems, and many more items which regularly go missing.

From 2010 to 2014, the Santa Clara Valley Medical Center in San Jose declared 383 items valued at more than $11 million as missing. Furthermore, more than $50,000 worth of stolen equipment surfaced on eBay after disappearing from the United Memorial Medical Center.

Solution: Asset Tracking

The issue of lost and stolen assets can be resolved using Indoor Mapping and Positioning technology. This technology enables healthcare systems to accurately track the location and status of medical equipment. By tagging each individual item with a sensor, assets can be monitored in real-time, and their location can be displayed in the context of a map.

With asset tracking, you can see where assets are within a facility, and be notified should an asset be abandoned or left somewhere remote. Furthermore, once an asset leaves the building, an alarm can be triggered to immediately alert management, initiating measures to have it returned. 

By combining inventory tracking with personnel tracking, hospital management can then locate the closest employee to a given asset and assign them the task of collecting and returning it accordingly.

With an indoor mapping and positioning solution, hospitals will not only improve the retention rate of mobile assets saving them millions of dollars, over time they can begin to scale down on the number of assets required from improved and location-based management.

“Hospitals are under intense pressure to create a healthcare experience that is dynamic, accessible and engaging. To achieve this, providers need accurate maps to not only guide people, but locate resources and deliver critical care,” says Chris Wiegand, CEO and co-founder of Jibestream. “With our Indoor Intelligence platform, developers can leverage the same SDKs and maps used to execute wayfinding across a hospital system to offer clinical and internal teams real-time intelligence including asset tracking, facilities and space management, maintenance management and enhanced security.”

Chris Wiegand, CEO and co-founder, Jibestream


Silvia Pichler is the Senior Marketing Manager at, your professional Indoor Positioning and Navigation solutions provider. As she has a bad sense of orientation, and needs all the help she can get, turned out to be the perfect working space for her. In her free time, you can find Silvia exploring foreign cultures and immersing herself in books or sports.