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Versus Unveils Business Intelligence Software Automated by RTLS, Featured in Live Experience Center at HIMSS14

Companies mentioned in this article: Versus Technology, Inc.

TRAVERSE CITY, MI -- (Marketwired) -- 02/20/14 -- Versus Technology, Inc. (OTC Pink: VSTI) is celebrating 25 years of successful workflow automation in healthcare and the debut of several advancements in its Real-time Locating System (RTLS) at the annual Health Information Management Systems Society conference (HIMSS14), February 24-27, 2014 in Orlando, Fla.

Healthcare executives at HIMSS will be seeking out ways to improve operations as they struggle with increased patient volumes brought on by the Affordable Care Act. Coupled with the HITECH Act requirements for electronic documentation, recent CMS reimbursement changes, and the upcoming switch to ICD-10, the burden on healthcare staff has never been greater. Information technology systems such as RTLS that can automate workflows, reduce data entry and accurately document performance metrics are in high demand.

While providing real-time efficiency in the moment, Versus automatically collects accurate, unbiased data to drive meaningful process improvement. Version 5.0 of the company's advanced reporting software, Reports Plus™ Analytics, will be unveiled at HIMSS14. The blockbuster upgrade features several new reports specifically focused on daily healthcare problems -- workflow efficiency, capacity management, safety, and resource allocation. These reports, developed hand-in-hand with healthcare administrators and clinicians, offer unprecedented insight into facility workflows, trends and benchmark achievement.

The new reporting package can be seen at the Versus booth, #3673, where new options for non-invasive RTLS installation will also be on display, including a new, soon to be released Wi-Fi option. Versus' multiple mix-and-match platforms allow facilities to quickly and easily add locations to their existing RTLS, or plan for future expansions.

  • Wi-Fi - The wireless V-Fi™ platform will allow facilities to leverage their existing wi-fi infrastructure without sacrificing the accuracy necessary for workflow automation. The plug-in Smart-IR™ sensor detects locations using Versus' patented, accurate infrared (IR) technology and transmits data using existing wi-fi access points.
  • Wireless - The 2nd-generation V-Link™ platform is easy to install, with battery-powered sensors that don't burden the wi-fi network.
  • Wired - Now in its 11th generation, the Versus V-Direct™ wired platform offers the lowest total cost of ownership and minimal maintenance.

The platforms all work with the same Versus badges and tags, including a new mini asset tag and soon to be released patient wrist badge. Each platform can drive workflow automation with same IR accuracy Versus is known for.

That accuracy and automation will be on display in Booth #3673 at Versus' new RTLS Experience Center, a live environment with active technology driving real-time demonstrations. Participants will learn how automated patient flow, hand hygiene monitoring, integrations and reporting analytics can improve healthcare efficiency and quality, ultimately increasing profitability.

Versus is also hosting several education sessions and a cocktail reception at their booth:

  • Education Sessions - Versus clients and clinicians will present several 20-minute education sessions on Hand Hygiene, Patient Flow, Staff Safety & more. RSVP at versustech.com/himss14.
  • Cocktail Reception - Hosted by Versus and Georgia-Pacific Professional, attendees can learn more about the SafeHaven™ Automated Hand Hygiene Monitoring System and enter to win one of five tablet computers.

The SafeHaven™ system, combining Georgia-Pacific Professional smart dispensers and skin care products with Versus RTLS technology and Advantages™ Hand Hygiene Safety software, helps hospitals monitor, measure and manage hand hygiene participation. The SafeHaven™ system will also be on display at Booth #3673 during all exhibit hours; live demonstrations can be seen as part of Versus' RTLS Experience Center.

Conference-goers interested in real-world RTLS implementations should plan to attend two HIMSS Education Sessions presented by Versus clients.

In session #51, "Beyond Patient Tracking: Enhancing Safety & Quality Initiatives with RTLS," presenters Brenda Clements, Manager of Nursing Services at EMMC Cancer Care, and Jeffery D. O'Neal, System Director for Behavioral and Occupational Health Services at Western Maryland Health System, will share how they use RTLS to automate safety- and quality-related tasks.

Patrice Lavoie, a Senior Business Analyst for Sentara Healthcare's Medical Systems Applications Team, is presenting Session #209, "Anatomy of an RTLS/RFID Selection Process." Lavoie will share lessons learned during two pilots of different RTLS technologies.

For more information on the events above, and to RSVP for education sessions, visit versustech.com/himss14.

About Versus Technology, Inc.
Established in 1988, Versus Technology, Inc. specializes in Real-time Locating Systems (RTLS) for healthcare. Used by more than 700 hospitals for enterprise patient tracking, bed management, asset tracking, and nurse call automation, Versus improves patient flow and documentation of caregiver and patient interactions, while enhancing communication and efficiency. Exclusively endorsed by the American Hospital Association, the Versus infrared (IR) and Active RFID solution is responsible for clinical-grade location and automation at hospitals, clinics and long-term care facilities worldwide. To learn more about Versus Technology, Inc. (OTC Pink: VSTI), our technology and client successes, visit versustech.com. SafeHaven is a registered trademark of Georgia-Pacific Consumer Products LP.

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Contact:

Media Contact:
Versus Technology, Inc.
Stephanie Bertschy
Director of Marketing
877.983.7787
skb@versustech.com

Investor/Analyst Contact:
Versus Technology, Inc.
Joseph Winowiecki
Chief Financial Officer
231.946.5868
joew@versustech.com