PYCUBE BLOG

Asset Safety: The Price of Loss Prevention

Written by Pycube, Inc. | Apr 15, 2024 5:08:20 PM

What is a Telepack?

Telemetry packs, commonly referred to as telepacks, are compact, portable devices designed to monitor a patient's vital signs continuously, such as the electrocardiogram (ECG), respiratory rate, and oxygen saturation. These advanced assets play a critical role in healthcare by automatically transmitting the collected data to a central monitoring system. This functionality enables healthcare professionals to monitor patients' vital signs remotely, providing them with crucial, real-time insights into the patient's health status.

Telepacks are an indispensable tool in today's medical practice, extensively used across various healthcare settings, including hospitals, clinics, and outpatient care facilities. They are particularly valuable in situations where continuous monitoring is necessary to ensure the safety and well-being of the patient, yet the patient does not require the constant physical presence of medical staff or confinement to a hospital bed. For example, telepacks allow patients recovering from surgery or those with chronic conditions to move around or rest comfortably in their environment while still under close observation.

The flexibility and mobility offered by telepacks greatly enhance the quality of patient care, facilitating early detection of potential health issues and enabling timely medical intervention. This not only improves patient outcomes but also optimizes the use of healthcare resources by allowing for more efficient patient monitoring and management. Additionally, the ability to monitor multiple patients simultaneously and remotely increases the operational efficiency of healthcare providers, enabling them to allocate their time and attention more effectively to those in need.

How Much Do They Cost?

The cost of telepacks can differ greatly, with prices spanning from a few thousand dollars to upwards of $10,000. This wide range reflects the diversity in functionality, technology, and customization options available in the market. Despite the substantial investment, telepacks are essential in modern healthcare settings due to the critical data they provide.

However, the high value of telepacks also makes their loss or misplacement a significant concern. Financially, replacing these packs is costly, not just in terms of the purchase price but also considering the operational disruptions and potential delays in patient care. More importantly, the absence of these devices can compromise patient safety. Without continuous monitoring, there is a risk of delayed response to potentially life-threatening changes in patient conditions. Therefore, the management and tracking of telepacks are crucial in healthcare settings, underscoring the need for efficient asset management systems to ensure their availability and optimal use at all times.

Challenges with Asset Loss

Telemetry packs, due to their compact size, are particularly vulnerable to being misplaced or lost, especially during routine cleaning tasks such as changing patient bed sheets. In the fast-paced environment of hospital operations, where rooms are quickly cleaned and prepared for the next patient, these small but critical devices can easily be entangled in bedding and accidentally taken away to the laundry. 

Once lost in the laundry, whether or not the telemetry pack will make it through the cycle remains a gamble. If it manages to survive the wash, it may still come out damaged, leading to a dilemma of whether to incur the costs of repair or to outright replace it. The decision is complicated by the fact that repair costs can be substantial, and in some cases, it may be more cost-effective to replace the unit entirely. Conversely, if the pack is completely destroyed during the laundering, the hospital is faced with the immediate need to purchase a new one, which is an unexpected and costly expense.

The consequences of losing or damaging telemetry packs extend beyond just the financial need. Such incidents can lead to a lack of available patient care resources, creating gaps in the hospital's ability to continuously monitor and assess patient health. Not only does this place additional stress on the hospital budget, but it also poses a potential threat to patient safety. The absence of these essential monitoring tools can delay the detection of critical changes in a patient’s condition, hindering the timely response and intervention that is often crucial to patient recovery and well-being.

Asset Protection

The cost of replacing each telemetry pack can add up quickly, highlighting the need for effective Asset Protection measures. Establishing clear protocols for handling telemetry packs during bed changes and ensuring healthcare staff are adequately trained on these procedures are vital steps in mitigating the risk of asset loss. Furthermore, implementing an asset management system that precisely tracks the location of each telepack can prevent these losses early on.

Pycube's Asset Protection solution provides continuous monitoring, alerting staff when telemetry packs pass through designated checkpoints within the hospital. By understanding the flow of assets through various entry points and being alerted to their movements, hospitals can significantly reduce financial losses and ensure that these critical assets are always available for patient care.

Contact us to learn more about how to transform your healthcare facility’s efficiency with Asset Protection today and take the first step towards an optimized future.

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