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May 27, 2015
By: Michael Barbella
Managing Editor
Jacksonville, Fla.-based Medical Tracking Solutions Inc. (MTS), developer of iTraycer, has partnered with Terso Solutions Inc., a provider of radio frequency identification (RFID) storage and transport units. The partnership will enable both MTS and Terso to enhance capabilities and provide increasingly innovative services to medical device companies. The iTraycer product is an inventory management system that provides real-time tracking of medical devices and biologics—visible by part, lot and serial numbers—from manufacturer to patient. iTraycer ensures compliance with the U.S. Food and Drug Administration by addressing the traceability requirements of the agency’s Unique Device Identification (UDI) regulations. Going forward, iTraycer will connect real-time with Terso’s RFID-enabled cabinets and mobile cases. This will eliminate the need for sales representatives to manage usage in surgery, and replenishment will be triggered as soon as an item is removed from the cabinet or case. The results, according to MTS officials, will be improved efficiency, increased inventory visibility, cost reductions, and the end of many manual transactions. “We are fundamentally changing medical device inventory management,” said Stephen D. Bradley, CEO of MTS. “Our partnership with Terso will deliver real-time visibility, reduce reliance on manual transactions, and pull significant cost savings from the supply chain.” Joe Pleshek, president and CEO of Terso, added, “The combination of our products creates a seamless connection from the hospital to the patient and back to the manufacturer. This changes the way medical devices are managed in the field and enables the real-time healthcare system of the future.” Terso Solutions makes automated inventory management solutions for tracking high-value medical and scientific products in healthcare and life sciences. The company has deployed more than 1,400 RFID-enabled cabinets, freezers and refrigerators worldwide.
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