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Rosenbaum Investment Banking Pdf 35

The rising implementation of radio-frequency identification (RFID) technology, specifically in the healthcare sector, demonstrates RFID technology as a favorable asset to healthcare organizations. RFID has the potential to save organizations time and money by providing real-time traceability, identification, communication, temperature, and location data for people and resources. The purpose of this paper is to explore the benefits and barriers of implementing RFID technology in the healthcare sector and to provide recommendations to overcome potential barriers. Promising benefits related to the implementation of RFID in healthcare were patient safety, patient and asset tracking, efficiencies in patient care, and provider satisfaction. Common barriers included economic, technical, organizational, privacy, and security challenges. Suggested strategies to overcome these barriers included financial analysis of risk benefits, extensive testing of technology prior to implementation, educating staff on technology pre-implementation, and the acknowledgment of the need for appropriate security measures to ensure patient privacy. Implications for nursing practice included improved patient identification and increased efficiency of care. It was concluded that future research is needed in areas related to cost-effectiveness, return on investment, radio frequency interruption due to infrastructure, and security.

Rosenbaum Investment Banking Pdf 35


In cases where patient data is stored in an RFID device, privacy and security concerns are a common issue. Awareness by an organization of potential privacy and security risks is imperative prior to adoption. Weighing the benefits and risks to adoption should be considered before investment (Rosenbaum, 2013). Implementation of appropriate security measures to decrease this risk is recommended. Rosenbaum (2013) suggested that ongoing monitoring and assessment of the performance of RFID technology can help to confirm a well-functioning system. Educating staff and patients on the presence of security measures to decrease risk of patient data compromise may aid in the positive perception of privacy and security practices. 350c69d7ab

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