Ask the Experts: Nurez Khimji, CFO, eXI Wireless
Nurez Khimji is the Chief Financial Officer of eXI Wireless. Their RFID based HALO system prevents infant abductions in healthcare facilities.
How dire is the problem of abductions within health care facilities?
A single abduction from a healthcare facility has a tremendous negative impact on the family, the staff and the hospital itself. The monetary costs of a single incident alone are estimated to be seven figures. Therefore, the Joint Commission on Accreditation of Hospital Organizations, JCAHO, makes the use of a protection system mandatory. Hospitals failing these security requirements can lose their accreditation which impacts several funding resources.
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