RFID technology can provide significant benefits to the healthcare industry by improving patient safety and supply chain efficiency. Some key benefits include:
1) Enabling better tracking of medical devices, drugs, and patients to prevent errors and exposure to contaminated equipment.
2) Improving inventory visibility to reduce unnecessary stock and costs.
3) Automating processes like tracking radioactive materials to save time and resources.
However, adoption of RFID in healthcare has been slow due to high costs and lack of clear standards. Recent developments like declining prices and new EPC standards are making RFID more compelling. Case studies also show benefits like increased productivity, reduced errors, and improved patient safety.