RFID Could Help Hospitals Save Money, LivesRFID Could Help Hospitals Save Money, Lives

"Active" RFID tags can help hospital personnel track a device to within a few feet of its location. This reduces the chances that one kind of product will be mistaken for another, that the hospital will run out of a critical device, or that something will get lost in inventory, never to be found. Considering some of the smallest devices are also some of the most expensive, such mistakes can get quite costly. In most cases, the technology is being used to track high-end devices but not commodity ones, because the cost of RFID tags isn't yet low enough to justify it.RFID companies mentioned in the article include PanGo/Inner Wireless, Radianse Inc., Tagsys, and Wavemark Inc. All are based or have offices in Massachusetts.