Healthcare Business Review Weekly Brief
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The introduction of healthcare IT has rapidly transformed asset management in healthcare organizations. A well-organized hospital asset management strategy is integral to optimum utilization of physical assets to improve quality of care.
According to a report by fortunebusinessinsights.com, the global healthcare asset management market was valued at $ 11,002.50 million in 2019 and is expected to reach $ 84,483.03 million by 2027, registering a CAGR of 28.9 percent during the forecast period.
This rapid growth can be attributed to the rising demand for effective asset management technologies and solutions.
With the introduction of wireless healthcare asset management solutions, healthcare firms can keep track of not only the patients and medical professionals but also their physical assets in real time. These wireless solutions enhance flexibility, scalability, and portability of systems. They enable healthcare organizations to easily search for their assets by indicating availability and room location, whether it is currently in use or free, as well as the sterilization status.
With effective healthcare asset management, organizations can analyze data and trends to plan future expenditures, better coordinate orders and inventory, and prevent resource loss. Asset tracking tools equipped with barcode scanning software and mobile accessibility enable medical facilities to plan for critical equipment to be assessed and reduce equipment downtime.
This edition of Healthcare Business Review delivers a bird’s-eye view of the recent developments in the hospital asset management arena and insights into how organizations are aligning with these trends and adopting new ways to shape the future of healthcare asset management.
We have curated thought leadership articles from industry experts, including the System Environmental Services Director at Baptist Health and the VP of Information Security & Infrastructure/Operations and CISO at Fairview Health Services.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative, intelligent hospital asset management services and solutions. Equipped with innovative technological capabilities, the enlisted service and solution providers, such as Cypress West Partners and Metalcraft, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review’s hospital asset management services and solution providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
Let us know your thoughts!
Usually, the qualified subscribers of our magazine nominate companies with whom they have collaborated and experienced exceptional results to be in this list. Did a company you recently worked with give you stellar results and ROI? Did it turn out to be one you would wholeheartedly recommend to peers? Or do you know of such an outstanding company through your network? Please fill in the details below and nominate them to be featured here.
As one of the strictly regulated businesses, healthcare necessitates a high degree of asset management to ensure regulatory compliance and patient outcomes. Many hospital assets must be identified rapidly to provide critical patient care, including wheelchairs, diagnostic equipment, and pumps. Metalcraft’s asset monitoring system makes it simple for the medical sector to collect real-time data for vital medical needs
Athyrium is a specialist asset management firm founded in 2008 to focus on global healthcare investment possibilities. Athyrium’s investment team has extensive experience in various asset classes, including public equities, private equity, fixed income, royalties, and other structured instruments
Information Services Chenoa is A fast expanding software solutions and professional IT services firm established in the United States. They have developed into a global network of experienced business strategists & technology specialists devoted to generating real, quantifiable results since its inception in 1998. They continually tailor their delivery methodologies to surpass expectations when working on-site or offshore
They understand how tough it is to select the best home care services for their senior loved one at Geriatric Resource. Geriatric Resource specializes in providing elders with complete home health care so that they may remain at home and keep their dignity. They are here 24 hours a day, seven days a week, to assist businesses and their loved ones with any requirements
The Health Assets Management team provides comprehensive practice management services. Credentialing, Verification of Benefits and Authorizations, Billing, and just about any other required business may have to ensure the success of any organization
Jvion’s AI-enabled prescriptive analytics solution assists healthcare systems and providers in preventing damage and lowering expenses. The Jvion Machine, an industry first, goes beyond simple predictive analytics to identify patients on a path to being high risk and for whom the intervention is likely to be helpful
MS2 Group is a hospital patient flow logistics consulting firm specializing in hospital process reform, capacity management, and operational efficiency. They assist hospitals in identifying and resolving operational bottlenecks that limit institutional patient flow and reduce patient satisfaction with hospital services
Pycube is an innovative and one-of-a-kind technology firm that provides cutting-edge asset management solutions to hospitals and healthcare institutions. It allows them to focus on what they do best: providing quality patient care. Pycube’s logistics and asset management technology expertise spans the whole asset lifetime, from the loading dock to the patient care location
Quake Global is a designer and producer of industrial M2M modems that use satellite, cellular, GPS, and other technologies to track and monitor assets. Customers may select from robust out-of-the-box features, bespoke solutions, or fully integrated systems from Quake
ShareMD Asset Management is committed to providing professional space and dependable service on which prominent medical providers & property owners may rely to expand their operations. ShareMD creates and operates technology-enabled healthcare settings that improve the patient experience and enable physicians to provide better treatment
