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Documenting patient movement in the Hyperspace system facilitates efficient tracking of patient locations. This function is crucial in healthcare settings as it allows staff to know where patients are located at any given time, which is essential for providing timely care and services. Knowing a patient's current location can improve workflow, enhance communication among healthcare providers, and ensure that patients receive the necessary attention without delays. This tracking also contributes to patient safety by helping medical personnel quickly locate patients in need of urgent attention or during emergencies.

Additionally, while other functions like verifying insurance details, monitoring staff performance, and managing medical supplies are important, they are not directly related to the documentation of patient movement within the Hyperspace system. Therefore, the primary benefit of this documentation is to ensure an efficient and organized approach to patient location management within the healthcare facility.