Company Overview

Company Overview – Short

Established in 1998, Versus Technology Inc. pioneered the use of real-time locating systems (RTLS) in healthcare. Building on our early success accurately locating assets, patients and staff, and automating nurse call systems, we now dedicate our wealth of experience to optimizing workflows. Today’s healthcare environment demands streamlined business operations and the maximization of time and resources, and Versus addresses these challenges.

The Versus RTLS automatically and accurately captures patient, staff and asset interactions, providing real-time status of workflow and resource utilization while proactively alerting caregivers to next steps. This situational awareness allows facilities to manage in the moment and avoid negative situations. Our historical reports help analyze where operational issues exist, compare against industry benchmarks, and provide the data necessary to improve processes and operate at a higher level.

Our Mission: Versus is dedicated to assisting in the delivery of the highest quality patient care through location, time of transaction and automation solutions that create situational awareness, improved efficiency,safer environments and positive outcomes.

Our Vision: Versus endeavors to save the global healthcare industry $1 billion annually.

Company Overview – Long

Because today’s healthcare environment demands streamlined business operations and the maximization of time and resources, Versus is dedicated to assisting in the optimization of healthcare workflow. We automatically and accurately capture patient, staff and asset interactions, providing real-time status of workflow and resource utilization and proactively alert caregivers to next steps. This situational awareness allows your facility to manage in the moment and avoid negative situations. Our historical reports help you analyze where operational issues exist, compare against industry benchmarks, and give you the data necessary to improve processes and operate at a higher level.

A Real-Time Success in Real-Time Locating. Since its inception in 1988, Versus Technology, Inc. has invested in quality products, people and initiatives. Versus is a full-service provider of precise locating technology, coupled with an array of specific software applications, enhanced with first class consultation, service, installation and training. This expertise and experience ensures our clients have a lasting and proven mechanism for data collection and system-wide performance improvement. Versus is committed to the time and cost savings real-time locating technologies provide and their continued enhancement. Versus systems make a difference, and the company celebrates each step toward enhanced safety and efficiency.

Real-Time Vision, Superior Precision. To achieve superior healthcare delivery, institutions rely on superior locating technologies. Only Versus combines patented infrared (IR) and radio frequency identification (RFID) technology to provide the industry’s most precise, real-time location of people and assets. Versus’ comprehensive Advantages™ and Visibility™ software suites facilitate situational awareness, alert messaging and event automation, real-time and historic reporting as well as integration to virtually any healthcare information system, including EMRs, nurse call, asset and bed management, security, ADT and billing. The Versus system allows this data to be applied for operational improvements that produce measurable results.

Dedicated to Healthcare since 1991. The Versus real-time locating system is the most-deployed RTLS in healthcare. Dedicated to making healthcare safer and more efficient through location and rules-based automation, our solutions foster improved care giving, and ultimately set a new standard in healthcare.

As consistently noted by customers, Versus surpasses competitors by offering decades of experience, proven technology, installation flexibility, expert consulting and strong product training from knowledgeable clinicians. Customers praise the Versus RTLS for its high level of accuracy and its ability to adapt to complex healthcare processes, thereby improving overall performance in hospitals, clinics, and other healthcare settings.

The Market Leader. Versus has been recognized as the Market Leader in Healthcare Real-time Locating Systems (RTLS) by Frost & Sullivan three times (in 2009, 2006 and 1999) for its long-standing commitment to healthcare. Versus systems locate more than two million patients annually, provide automatic nurse registry and call cancellation to 80% of nurse call systems, and track millions of assets. Versus has the most deployments (installed in more than 700 facilities worldwide), the longest deployment (over 20 years in the industry) and cover the most critical care beds (more than 200,000). Additionally, Versus is the only RTLS vendor that provides the location hardware, software and services to deliver superior outcomes from a single vendor.

Versus has received praise from clients and integrators alike, including Microsoft’s Senior Director of Worldwide Health, Bill Crounse, MD, who was impressed with Versus’ ability to improve processes and increase efficiencies. Dr. Crounse announced on his blog: “if you are not planning for the use of this technology in your hospital or clinic, you are missing a huge opportunity to lower costs, increase revenues and deliver better, more satisfying care.”

Accomplishing Process Automation for Healthcare. Most RTLS vendors will discuss success in terms of reducing equipment expenditures and ensuring equipment availability when and where needed. Versus delivers these benefits, but we prefer to share more meaningful success stories. So, what exactly is our approach to transforming healthcare? We automate mundane tasks, data collection and eliminate time wasted searching for staff members and equipment that can prevent staff from focusing on patient care.

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