GRAND RAPIDS, MI- July 24, 2024 – TrackCore has implemented its 1,000th RFID-enclosure with partner Terso Solutions, demonstrating the accelerated adoption of automated inventory management technology throughout the U.S. healthcare system. Security First Solution “The TrackCore technology is cloud-based, ensuring a seamless implementation with virtually no security barriers and low initial capital expenses,” said Ross
By David Lefkowitz, SENIOR DIRECTOR OF MARKET STRATEGY The landscape of specialty pharmaceuticals is evolving at a rapid pace, driven by demographic shifts, technological advancements, and increasing global health challenges. As the world’s population ages and chronic illnesses proliferate, the demand for high-value specialty medications continues to surge. This article explores the growth, opportunities, and
Terso’s own, Nina Petters, and Avery Dennison’s, Benjamin Read, sit down to discuss the breakthroughs RFID technology is making in the pharma & healthcare industry – enhancing safety, efficiency, and patient care. Related content News Embracing RAIN RFID Technology RAIN RFID in Europe Technology Specialty Pharma Builds Momentum
MADISON, WI- August 7, 2023 – Terso Solutions has announced its partnership with PAR Excellence Systems, Inc. (PAR). This partnership demonstrates both companies’ commitment to the continued delivery of innovative inventory management solutions within healthcare. “PAR & Terso are both market leaders in tech-enabled services,” said Thad MacKrell, CEO of PAR. “By combining expertise and
MADISON, WI- March 29, 2023 – Terso Solutions has announced the addition of new features to its inventory management software platform, Stratosphere, for medical device manufacturers and distributors. These updates allow for ease of integration and improved inventory visibility. “Stratosphere® software provides inventory managers with visibility into the current state of their inventory anywhere in
Factor #1: Importance of staff efficiency “If making the most of staff time is important, then it’s important for providers to consider technology that enables their team to perform the jobs they were hired to do,” explained Jason Rosemurgy, Senior Vice President of Sales and Marketing at Terso Solutions. “A recent study found that nearly
While the COVID-19 pandemic accelerated the shift of more procedures to ambulatory surgery centers (ASCs), the primary driver for years has been cost savings. Medicare pays hospital outpatient departments double the rates paid to ASCs (ASCA, 2020). It should not be surprising then that from 2011-2018, Medicare saved over $28 billion on procedures performed in
Even though two years have passed since the COVID-19 pandemic began, hospitals are still feeling the effects. Staffing shortages continue to be a major issue, with one study showing that hospital employment is recovering slower than the rest of the economy with levels still below February 2020 (Altarum, 2022). Adding to this strain is the
Whether driven by cost pressure or sunsetting of legacy systems, many healthcare organizations are re-evaluating the inventory management technology they have in place. It is common to find older systems in use that require manual steps like entry of a device pin number or manual inventory counts. However, newer technology, like RFID, offers greater security,
Medical device companies and acute care facilities have traditionally relied on manual inventory management approaches. However, this is no longer viable for many reasons and forward-thinking companies are embracing automated solutions instead. These solutions not only help to track inventory items, but they also save time, money, and improve relationships between medical device companies and
