US Hospitals Can Close Inventory Gaps with RFID Tracking

A persistent and costly challenge hinders patient care. In the U.S., hospitals let an estimated $3 billion in unused medication go to waste annually, while long-term care facilities lose another $2 billion, reports the National Conference of State Legislatures. This staggering financial drain occurs while many patients wait weeks for lifesaving treatments. The paradox stems not from a lack of intent but from a broken trust in outdated inventory systems that fail to provide necessary operational insight. RELATED: Third-party risk management best practices that reduce supply chain disruption.…