From Shortfall to Solution: How Location-Based Technology is Redefining Healthcare Resource Management

December 18, 2024
Healthcare Workforce Shortage

In a world where seconds can be the difference between life and death, operational inefficiencies in healthcare aren’t just costly—they’re unacceptable. As healthcare leaders, you know that streamlined processes and satisfied patients are non-negotiables. And today, there’s a technology doing more than just plugging the gaps. Location-based tech, particularly Mapsted’s Smart Navigation and Real-Time Location Systems (RTLS), is reshaping how facilities operate, bringing new levels of efficiency, precision and care quality.

Technology should enhance, not complicate, care delivery. At Mapsted, our goal is to simplify navigation, optimize resources and boost patient outcomes with patented, unique technology that is easy to integrate with your existing business workflow.

Addressing the Healthcare Workforce Shortage and Everything Else

Patient care systems globally are grappling with constrained budgets, surging patient demand, healthcare staffing shortages and burnout. Global medical costs are projected to rise 10.4% in 2025, continuing the double-digit growth from 2024 and 2023, as per the WTW 2025 Global Medical Trends Survey. However, the struggle remains to convert the money into tangible patient care improvements. Too much time and too many resources are lost to inefficiencies: patients wandering, staff scrambling and assets vanishing into the void.

Mapsted’s technology answers these challenges, delivering measurable results that make leadership stand up and take notice:

Streamlining Patient Journeys with Precise Navigation

To a healthcare CEO, operational bottlenecks translate into lost trust, reputation and financial stability. The key location-based technology addresses these issues by transforming complex patient journeys into well-coordinated experiences. Imagine patients flowing through all phases of their care, from admission to discharge, without a single wasted minute of confusion or delay.

What’s in It for Your Business

  • Reduced Equipment Retrieval Times: Facilities report saving up to 40 hours monthly, translating to cost reductions in staff overtime and equipment downtime.
  • Shorter Patient Turnaround Times: Quicker admissions and discharges allow facilities to accommodate more patients, directly increasing revenue streams.

Optimize every step with Mapsted’s Smart Navigation. With confidence, patients move about; facilities operate with efficiency and administrators rest with peace of mind knowing that their systems are running smoothly.

More engaged staff, fewer delays and a leaner, meaner operation. 

Resulting in an increase in job satisfaction, this also helps to combat the increasing pressure caused by staffing issues and shortages in healthcare.

Mapsted technology turns everyday challenges into opportunities for excellence. With precise data and streamlined asset management, facilities unlock potential that’s been hiding in plain sight. 

Imagine cutting asset search times in half. Facilities that deploy real-time tracking not only reduce costs but also improve patient safety and overall quality of care. Staff know exactly where to find what they need when they need it.

Fast Facts

  • 40 Hours Saved: Monthly time saved on equipment retrieval.
  • 5X Satisfaction: Boost in patient satisfaction with optimized workflows.
  • 60% Cost Focus: Workforce optimization targets major budget areas.
  • 10.4% Rise in Spending: Global healthcare costs will rise 10.4% in 2025.
  • Instant Alerts: Geofencing ensures quick emergency responses.

Workforce Optimization: How to Navigate the Challenges Posed by Growing Healthcare Employee Shortage

healthcare workforce shortage

Hospitals’ labour costs rose by $42.5 billion from 2021 to 2023, totalling $839 billion, or nearly 60% of expenses​. Consequently, misallocating personnel is not just a lost opportunity but also a budget bleed. Accurate location data means that leaders can optimize schedules, balance the workload and adjust staff to real-time demand.

Data-driven insights ensure less burnout, smoother patient flow and better usage of human capital. For a CEO or a CTO, such workforce clarity is absolutely priceless—leadership without guesses.

Battle Clinical Burnout

Clinical burnout is an outstanding concern within healthcare facilities. Long hours, inefficiencies and administrative burdens bear down on staff members. Location-based technology offers respite through:

  • Asset tracking becomes streamlined so necessary equipment can be found quickly.
  • Facility configurations are optimized based on flow analytics to help ease the workflows of a daily routine.

Easing Administrative Burdens

Non-clinical responsibilities, such as documentation, pre-op workflows and insurance claims, contribute to burnout. Mapsted’s solutions all come together to minimize those burdens. How it helps:

  • Automated workflows for routine tasks such as discharge processing.
  • Streamlines the way staff navigate in large, complex facilities to reduce delays.

Optimizing Human Capital

Human resources represent over 60% of healthcare budgets. Location-based technology provides real-time insights that:

  • Enable dynamic adjustments to staffing according to patient demand
  • Ensure an equal workload distribution with reduced burnout and increased productivity
  • Leadership becomes less guesswork via data-driven staffing strategies.
  • Assist in developing healthcare workforce shortage solutions.

Improving Safety and Security

Beyond streamlining operations, location-based tech is critical for patient safety. Mapsted’s geofencing and alert systems safeguard high-risk areas, monitor access and respond instantly to emergencies. With the added security, adverse events are prevented which helps in building patient trust, ensuring peace of mind for facility owners and giving them a return on their investment towards building brand value.

Recruitment: How to Plan Ahead

When operating in a competitive healthcare landscape, being seen as a tech-forward facility attracts top talent. Healthcare professionals want to work in environments where cutting-edge tools enhance care quality and operational ease. Facilities that adopt Mapsted’s solutions position themselves as innovators, improving recruitment efforts and retaining skilled staff.

The Time to Act Is Now

With mounting pressure on healthcare leaders to deliver better outcomes with fewer resources, resource management solutions are crucial to be put in place right away. Planning resource management ahead of time is now easy with the availability of data-driven insights, seamless patient journeys and enhanced workforce management with location-based technology.

Healthcare executives can now unlock untapped potential for their facilities by making use of precise data insights and streamlining asset management.

Experiential Impact on Your Business

  • 5X Increase in Patient Satisfaction: With the features provided by Mapsted’s Smart Navigation, facilities will be in a position to identify improvement trends from the feedback they receive from the patients and ultimately offer optimized services that will boost loyalty and positive reviews.
  • Improved Reputation: Satisfied patients improve the reputation of a facility, attracting new patients and ushering in long-term financial stability.

Adopting location-based tech isn’t just an operational upgrade; it’s a commitment to excellence.

Conclusion

Take the First Step Toward a Smarter Future

It’s time for healthcare CEOs and CTOs to move out of the confines, as the stakes are too high to go slowly. Location-based technology transforming facilities isn’t just about making a smart investment; it’s an obligation to those you serve. 

Quick Takeaway:

Mapsted’s Location-Based Tech transforms inefficiencies into opportunities: from saving more than 40 hours per month on equipment retrieval to increasing patient satisfaction by 5 times, the innovation turns challenges into revenue-driving solutions. The result is cost reduction, improved safety and workforce optimization – all by building a reputation as the healthcare organization that is much more tech-savvy. 
Happier patients, engaged staff and a thriving bottom line.

Leadership Vision

Mapsted enables healthcare leaders to embrace change with data-driven and patient-centered solutions. With seamless location technology, care can flourish.

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