NOW READING: Frost & Sullivan Recognizes STANLEY Healthcare with 2019 Product Line Strategy Award

We at STANLEY Healthcare are proud to be recognized by Frost & Sullivan for our commitment to providing hospitals, clinics and senior living communities with leading-edge RTLS solutions. STANLEY Healthcare’s comprehensive hardware and software solutions integrate the latest technology with powerful analytics to empower caregivers and transform the care that patients receive.

According to a recent announcement by Siddharth Shah, Program Manager at Frost & Sullivan, "STANLEY Healthcare provides holistic technology solutions for hospitals, clinics and senior living communities, freeing them to work with a single vendor by integrating with existing, disparate technologies to deliver relevant and actionable insights. These scalable solutions can be customized for a healthcare organization’s specific needs, which is one of the factors that set the company apart from some competitors who offer only static or narrow solutions."

As part of its Best Practices Research series, Frost & Sullivan carefully studied the challenges of healthcare organizations and evaluated a variety of leading solutions offered for Healthcare Asset, Patient and Staff Flow Management. On July 17, 2019, the firm recognized STANLEY Healthcare with its 2019 Product Line Strategy Award at the “Excellence in Best Practices Award Gala”.

The award is an indicator that the adoption of RTLS is increasing within healthcare and quantifiable value is being derived by organizations and facilities of all sizes. The full-length report provides an in-depth analysis of STANLEY Healthcare’s strengths and leadership. It also features quotes from healthcare customers that use our real-time visibility solutions to achieve their goals for improving asset management, enhancing patient security and experience, and increasing the efficiency of staff workflows.

The report points to STANLEY Healthcare’s strengths in solution breadth, scalability and customization capabilities, as well as our MobileView platform’s ability to integrate data from multiple sources into a dashboard for real-time monitoring and alerting as people and assets move throughout a healthcare organization’s campus. Frost & Sullivan cites tangible results that healthcare organizations are achieving with our portfolio of RTLS solutions:

  • The Asset Management solution has empowered some healthcare organizations to achieve tangible results – including $1.4 million saved by avoiding loss, $250,000 saved through better utilization of existing equipment (and new purchases avoided), and $42,000 saved on rental costs of specialty beds.
  • Patient Flow helps process patient location and caregiver interactions in real-time – supporting improved patient throughput and reduced wait times, while giving caregivers insights they need to improve decision making – while staff monitoring helps improve workflows and automate nurse call.
  • The Temperature and Environmental Monitoring help to ensure that staff are alerted of any deviations that could affect safe storage of drugs, vaccines and other precious material – enabling timely response that typically yields annual savings of $40,000 to $400,000.

We invite you to review the report to learn more about why Frost & Sullivan has recognized STANLEY Healthcare with a 2019 Product Line Strategy Award.