NIH-wide useful resource will winner variety, fairness, inclusion and accessibility.
The Countrywide Institute of Biomedical Imaging and Bioengineering (NIBIB) has recognized the Heart for Biomedical Engineering Technologies Acceleration (BETA Centre), a new intramural investigate plan to clear up a selection of medicine’s most pressing problems. The BETA Center will serve the broader NIH intramural exploration software as a biotechnology resource and catalyst for NIH investigation discoveries.
The center will include a targeted engineering approach to accelerate the growth, validation and dissemination of slicing-edge systems. Places of emphasis will include things like biomedical imaging, biosensing, engineered and synthetic biology, nanomaterials and biomaterials, artificial intelligence, modeling, computation and informatics. A distinctive element of the middle will be its ability to fast assemble expert groups for purpose-pushed technology advancement to address urgent nationwide and world-wide wellbeing needs.
“The BETA Centre will be a catalyst for innovation and collaboration,” claimed NIBIB Director Bruce J. Tromberg, Ph.D. “Engineering and technological innovation improvement are central to almost everything that NIH does. New tech drives new biomedical discoveries, and new discoveries are remodeled into reducing-edge strategies, devices and know-how that can be widely disseminated.”
A fundamental objective of the BETA Heart is to grow diversity, fairness, inclusion and accessibility (DEIA) at NIBIB, creating on the inherent interdisciplinary nature of biomedical engineering.
“We are all so energized about this intramural heart devoted to making use of engineering ideas to biomedical discovery and therapeutics,” claimed NIH Deputy Director for Intramural Exploration Nina F. Schor, M.D., Ph.D. “The BETA Center’s emphasis on bringing various talent jointly to solve elaborate methods and problems will increase its impact and results.”
Adhering to a nationwide look for, Manu Platt, Ph.D. has been selected as the to start with director of the new centre. Dr. Platt has also been appointed NIBIB affiliate director for Scientific Variety, Equity and Inclusion. As the BETA Heart director, Platt will operate to broaden opportunities for biomedical engineering teaching and skilled advancement, including recruiting folks from numerous backgrounds. Platt is envisioned to be a part of NIBIB on Feb. 27, 2023.
Dr. Platt joins NIH from the Georgia Institute of Know-how and Emory College, Atlanta, the place his lab has led the development of new strategies to addressing health and fitness demands in very low useful resource settings. His investigate has spanned from engineering growth for cardiovascular and sickle mobile ailment, to personalized and predictive drugs for breast most cancers and HIV. In addition to his enough knowledge as a bioengineer and educator, Dr. Platt is a nationally regarded chief in diversifying scientific workforces.
“Increasing collaboration within just the NIH bioengineering community is key to translating promising technologies into improved well being for people,” mentioned Griffin P. Rodgers, M.D., director of NIH’s Countrywide Institute of Diabetes and Digestive and Kidney Illnesses and chair of the BETA Director research committee. “We glimpse ahead to signing up for forces with Dr. Platt and the BETA Middle to deal with urgent national and international healthcare demands.”
About the National Institute of Biomedical Imaging and Bioengineering (NIBIB): NIBIB’s mission is to boost health and fitness by top the improvement and accelerating the application of biomedical technologies. The Institute is fully commited to integrating the physical and engineering sciences with the everyday living sciences to advance simple investigate and medical care. NIBIB supports emerging engineering investigate and development within its internal laboratories and via grants, collaborations, and training. More facts is accessible at the NIBIB web page: https://www.nibib.nih.gov.
About the National Institutes of Wellbeing (NIH):
NIH, the nation’s professional medical research company, consists of 27 Institutes and Centers and is a element of the U.S. Office of Health and Human Solutions. NIH is the principal federal company conducting and supporting simple, scientific, and translational health care study, and is investigating the results in, therapies, and cures for both typical and exceptional disorders. For extra data about NIH and its courses, take a look at www.nih.gov.
The protection of clients, pros, and healthcare application companies will come to be ever more important. Credit rating: metamorworks / Shutterstock.com
The pandemic catalysed the integration of modern-day tools like remote monitoring, telemedicine, and digital wellbeing in traditional disciplines of medication.
Wound therapeutic is normally assessed via in-particular person visits at household or in a health care facility. Even so, due to wellness limitations for the duration of the pandemic, visits have been performed fewer frequently or paused for lengthy durations of time, leaving sufferers with improved duty for their personal care, and in some scenarios, inadequate assets to reach appropriate treatment. New enhancements in distant checking products and electronic wellbeing know-how can assistance health supplement the endeavours of healthcare workers and present practical, available, and ongoing care, in particular to individuals with limited mobility or continual disorders.
A electronic individual report can include images, phone and movie interviews, and textual content-dependent facts like checking information. Healthcare professionals can entry the data on the net, allowing for collaborative evaluation and action, therefore increasing high quality of care. Including wellness apps, clients can track well being indicators for wound therapeutic and progression on their very own or with automatic checking gadgets. Clinicians can then verify in on a standard foundation when prompted by the client, or in reaction to irregular benefits. This allows to cut down on non-vital in-particular person visits and can be applied to keep track of individual adherence to at-dwelling procedure plans. Advancements in residence health care also market individual protection following being discharged from the medical center and will support to decrease clinic readmission costs.
Checking data can also be coupled with synthetic intelligence (AI) software package to recognise worsening circumstances. For case in point, affected individual motion can be employed to forecast the location and severity of pressure wounds, or ongoing measurements of wound measurement, temperature, and color can be made use of to discover an infection. Exploration is also investigating ‘smart’ engineering that enables serious-time wound measurement, evaluation, and cure. These units can be managed with smartphones and activated remotely, like ‘smart’ bandages that sense temperature and can present electrical stimulation to motivate wound healing and prevent infection. Detecting early indicators of an infection can lead to more quickly intervention, cutting down overall threat and healing time for the client, and requiring less healthcare assets.
Traditionally, very poor impression or video resolution has been a shortfall of client-collected knowledge and an obstacle for popular use. Right now, smartphones are more widespread, and most can generate higher-high-quality images. Electronic well being platforms also frequently offer instructional equipment for patients and utilize AI software package, which could be utilised to make certain that the visuals, videos, and data submitted by the patient are of ample top quality before forwarding to their clinician.
These technologies will provide as a usually means for clients to continue acquiring superior-excellent treatment amid the existing healthcare constraints and resource cuts. On the other hand, the digitisation of client records is restricted by bottlenecks in processing, cataloguing, and interpreting substantial quantities of details. Additionally, the safety of sufferers, experts, and health care application providers will grow to be significantly critical, as delicate and own facts is transmitted, saved, accessed, and shared. Regardless of these challenges, these proactive and assistive units could be the critical to empowering sufferers, meeting long run healthcare desire, and protecting against the health care technique from getting more than-burdened.
SafeRide Overall health, the leading technological know-how-first platform connecting patients to treatment, announced these days the launch of 19 new Medicare Benefit partnerships and development into six new markets.
Through a historic begin to 2023, offering rides to millions of Medicare and Medicaid members, SafeRide launched the very first-of-its-sort self-managed transportation application. The plan empowers wellbeing ideas to deliver transportation benefit management in-household with increased management and oversight of the member experience – backed by the assistance and know-how of SafeRide’s intuitive and scalable technologies system. Whether clientele decide on SafeRide’s self-managed or fully-managed transportation method choices, they profit from real-time insights that travel member experience metrics that enable strengthen vital Centers for Medicare & Medicaid (CMS) Star Rating metrics like member pleasure, gains utilization, and grievance premiums.
“At SafeRide, we’re driven by the mission of restoring accessibility and dignity to care, just one journey at a time. In 2022, we scaled that mission with our companions and remodeled the high-quality and encounter of plenty of rides to daily life-sustaining treatment,” reported Robbins Schrader, CEO and Co-founder of SafeRide Health and fitness. “As we start off 2023, we’re thrilled to increase with foremost associates who see accessibility to care as a vital approach to addressing Social Determinants of Health.”
SafeRide continues to refresh healthcare logistics as 1 of the 1st vendors to integrate rideshare companies as a frictionless, contemporary way for users to ask for pre-licensed rides at their comfort. Current info from Lyft confirmed SafeRide assisted lessen no-demonstrate charges by 63 per cent and lowered get in touch with centre volume by 30 percent with rideshare added benefits.
“This past calendar year, we saw large results, and we’re thrilled to see even additional indicators of expansion by way of 19 new well being approach partnerships, eight new states and more than 500 new NEMT suppliers. We’re very pleased to now provide above four million associates across the nation,” mentioned Andy Auerbach, Chief Revenue Officer of SafeRide. “These application launches just about double the amount of lives our know-how touches, and that signifies together with our companions, we’re supporting near the gap concerning require and obtain for some of the most susceptible populations.”
Studies estimate that 14 {08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} or a single in 8 seniors in the U.S. will not have enough obtain to non-unexpected emergency treatment in 2023. In comprehension the collective demands of the populations they serve, foremost health and fitness payors like Alignment Health Approach are doing the job to overcome these studies by partnering with SafeRide to give a variety of NEMT services, including on-demand transportation. The new Medicare Edge advantage noticed quick adoption, with 20 per cent of every month rides currently being fulfilled on-demand inside of two hours of the request.
To master extra about implementing technology-1st NEMT providers, go to www.saferidehealth.com.
About SafeRide Wellbeing
SafeRide Wellness is a engineering and providers enterprise dedicated to cutting down obstacles to treatment by strengthening the supply of non-crisis medical transportation to folks across America. SafeRide Overall health leverages proprietary technologies and a nationwide network of vetted transportation companies to give payers and wellness units a additional intelligent way to supply cost-successful, on-demand transportation though improving the client practical experience. SafeRide serves the biggest Medicare Benefit, Medicaid, and provider systems in the nation. Learn a lot more at www.saferidehealth.com.
Scottish startup Waire Wellbeing is set to scale its sensor technological know-how that is intended to make improvements to distant ward monitoring and lower clinic readmissions, next an expense from St Andrews-based mostly Eos Advisory, a £2 million spherical secured alongside Scottish Organization. The funding will see the organization to expand its management crew, creation, and product development abilities, when enabling Waire Well being to accelerate growth in world markets including North America.
Still left to suitable are Kathrina Skinner (Waire Wellness), Mark Beaumont (Eos), and Dave Hurhangee (Waire Health and fitness) (Photograph: Enterprise Wire)
Waire Health’s distant patient checking unit, C-Detect, operates in hospitals and properties autonomously, lessening expenditures and bettering outcomes by way of steady true-time checking and advanced artificial intelligence. The business sells platform agnostic sensors generally to health care technology platform vendors, who in turn offer into hospitals and other healthcare organisations.
Dave Hurhangee, CEO and Founder of Waire Wellbeing, said: “The full area of care at house received pushed about the edge throughout Covid. What lots of corporations did not absolutely value was the paramount great importance of usability. If gadgets have to rely on cell connections or Bluetooth, they grow to be complicated to use from the outset, for equally clients and health care companies. We deliver structure and detail from many years of encounter of doing work with the technological know-how, and our products drop back again to mobile if Wi-Fi falls off. We believe we have the finest-of-class providing in the marketplace, and that is becoming evidenced by the good results we’re having in the industry.”
The C-Detect system, which has been made at the company’s Dunfermline headquarters and is produced at a facility in close proximity to Edinburgh, has undergone substantial trials with the College of California, and Waire Health and fitness has partnerships in position with organisations ranging from world wide health care organisations to national governments.
Hurhangee began establishing wearable engineering for radiation checking on Ministry of Defence nuclear submarines primarily based at Rosyth near Edinburgh in the mid-Eighties. Hurhangee extra: “If you can run a monitoring machine from a submarine, that offers you a potent basis to establish for apps throughout several sectors and environments. Together these strains, we’re now branching out into sectors outside the house healthcare, so that will be section of our subsequent phase of growth.”
Because launching Waire Health and fitness in 2018, the business has attained a number of milestones, and was chosen by the European Union’s Nightingale task in 2018 from just about 200 applications like by many of the industry’s key gamers. The organization is also functioning a pilot research in partnership with the Irish Authorities and Indian multinational conglomerate The Tata Team.
Mark Beaumont, Partner, Eos, explained: “As healthcare programs in the Uk and all over the environment move to remote checking and genuine time individual data, we see a big possibility for Waire Wellness to scale its C-Detect unit. Eos is focused on locating, backing, and scaling the best science and technology in Scotland that improves quality of lifetime, of which Waire is a amazing illustration.”
Despite advancements in medical care, rates of maternal morbidity and mortality are significantly higher in the United States compared with other wealthy countries.1 The greatest effects of the maternal mortality crisis in the United States are observed in minority communities. Black women have nearly a 3-fold higher risk of dying during childbirth and a 5-fold higher risk of dying from pregnancy-related cardiomyopathy and blood pressure-related disorders compared with White women.2,3 Poor quality of care and lack of access to care are among the many factors that lead to higher rates of maternal mortality among minority populations.4 Addressing the maternal mortality gap requires reversing deeply rooted biases among health care professionals and within clinical algorithms and implementing telemedicine and other health technologies.
Organizations have taken steps to resolve the maternal mortality gap by implementing implicit bias training and reevaluating clinical guidelines in treating patients in minority populations. Changes in standardizing care across patient demographics are also being considered.
Tiffany Green, PhD, an economist and assistant professor of Population Health Sciences and Obstetrics and Gynecology at the University of Wisconsin-Madison, shared her insight on the true effectiveness of these solutions. Dr Green’s research focuses on population health disparities and maternal reproductive health.
Continue Reading
Implicit Bias Training
Implicit bias has long been recognized as a threat to quality maternal care and some states, such as California, Illinois, and Michigan, have taken steps to resolve this disparity by mandating implicit bias training.5-7 In 2021, Congress passed The Black Maternal Momnibus Act, which would provide federal funding to medical and nursing schools to implement implicit bias training.8
While implicit bias training is well-intentioned, current training models and programs are found to be ineffective in the long term.9 A few hours to several days after completing implicit bias training, it appears that these levels of bias return back to baseline.10
Treating implicit bias as an individual issue also overlooks the bias embedded within some clinical algorithms.11
Q: Why might implicit bias training not be effective in addressing the racial disparities seen in maternal health? What are ways we can reform this training to better serve patients?
Dr Green: What we don’t know a lot about is whether differences in discrimination or biases are directly related to racial inequities in medical treatment and outcomes. While it may seem obvious, it’s not fully clear.
We’re at this point in terms of public policy where there’s been a massive push in laws directed at implicit bias training. Unfortunately, we don’t have a huge amount of evidence that implicit bias training has long-term effects on behaviors, including medical treatment decisions.
Hospital systems and practitioners need to bear the accountability because I think it’s really hard to change people’s beliefs on an individual level. We do have to work really hard not to let that spill over into medical practice.
Reforming Clinical Algorithms
One of the ways that health care organizations have taken steps to address this issue is by correcting racial disparities in clinical algorithms involved with this process. An example of this is the recent change to the vaginal birth after cesarean (VBAC) calculator to eliminate race and ethnicity from the algorithm.
These disparities are evidenced by the high rates of cesarean delivery among women in the United States. Cesarean delivery rates have increased to 31.8{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} in 2020, with Black women having the highest rate at 36.3{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f}.13 Women who undergo cesarean delivery also have higher risks of maternal death.14 The World Health Organization found that countries with a low rate of cesarean delivery (≤10{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f}) have a decreased rate of maternal and neonatal mortality compared with countries with higher cesarean delivery rates.12
Before 2021, the Maternal-Fetal Medicine Units Network’s vaginal birth after cesarean (VBAC) calculator, which predicts the likelihood of success having a vaginal birth following cesarean delivery, included questions on race and ethnicity and predicted a lower chance of successful VBAC for Black and Hispanic patients.15,16 It was criticized for using social factors that perpetuate maternal mortality disparities rather than biological factors in its decision-making algorithm, given that vaginal birth has been shown to result in faster recovery time and fewer complications in following pregnancies.15,16 The calculator was replaced by a new validated version that removed race and ethnicity as risk factors for a reduced likelihood of successful VBAC.
Q: What steps have been taken by organizations and hospitals to best address maternal mortality among women in minority communities?
Dr Green: We do have evidence of inequitable treatment across groups, and it’s not clear that treatment is driven by differences in underlying factors. We know, for example, Black birthing people are more likely to get procedures such as cesarean delivery even when controlling for underlying factors. This is not to demonize cesarean deliveries in any way — I want to be clear about that — but when birthing people get a cesarean delivery that is unneeded, that is the problem.
The Society for Maternal-Fetal Medicine has been working to correct some of these issues, including removing race correction from the VBAC algorithm.16 Things like that are really important in addressing the ubiquitousness of race embedded in clinical algorithms.
Standardization of Care
Standardizing care across patient groups can potentially help resolve racial issues in medicine as it has been associated with improved maternal outcomes.17,18 For example, a standardized protocol has been shown to reduce racial disparities for cesarean deliveries and neonatal morbidity.19
Standardizing care can produce favorable outcomes but it can also result in unintentional adverse consequences. When standardizing a prenatal substance use reporting protocol to child protective services, nearly 5 times more Black than White birthing parents were reported.20
Implementing standardized quality improvement protocols can also exacerbate disparities in health systems that do not have proper resources, which are the same systems that tend to treat underserved populations.21
Dr Green’s research suggests that changes in the patient care process are a solution to these disparities and standardization of protocols and guideline-based care could be an important factor in this change. Dr Green shared some measures that should be considered before standardizing care in institutions.
Q: How should institutions implement changes in a way that best serves this population?
Dr Green: It’s really important to make sure that if you’re going to implement these procedures, you do as much as possible to give resource-deprived institutions that disproportionately serve people of color the needed resources.
We can’t automatically assume that standardizing treatment protocols is going to improve outcomes, but it’s important to work towards making sure that patients are treated in an equitable way. To do that, we need much better measures of patient quality, particularly in obstetrics.
Using Health Technology to Address Maternal Mortality Gap
An emerging body of research suggests that applying the social determinants of health (SDoH) to health information technology, such as electronic health records (EHRs) and clinical decision support systems, could be important in addressing health inequities.22
Electronic health records provide health care professionals with important data for patient assessment. Organizations like the National Academy of Medicine endorsed the idea of standardizing SDoH screening in EHRs.23 This technology could be used to adjust for individual disease risk and can be used for targeted preventative care. Researchers suggest identifying population-level indicators that can be used to inform therapeutic intervention.24
Decision aid tools can be useful in assisting with patient education and promoting shared decision-making. Other health tools, such as telemedicine, can address other identified areas of needed improvement.
Nathaniel DeNicola, MD, MSHP, FACOG, a board-certified Ob/Gyn and chair of Telehealth at the American College of Obstetricians and Gynecologists (ACOG) shared his thoughts on the current and future role of health technology in addressing gaps in care in minority populations.
Clinical Decision Support Tools
Evidence suggests that clinical decision-support tools reduce racial inequities in certain patient populations.25 However, these tools could be subject to their own biases based on incomplete data and measurement error, further contributing to existing disparities.26
Q: How often do you use clinical decision support tools in practice? Is there potential for these tools to help resolve racial disparities in health care?
Dr DeNicola: Decision support tools and other applications may have been a novelty prior to the COVID-19 pandemic. I do feel like these tools are becoming more commonly adopted and that may not be due to the pandemic. It may just be that time has shown proof of concept for these products.
For example, if I need to decide when to induce a patient who has a number of high-risk conditions, it would be routine for me to look at the ACOG guidance why using a virtual app.
These support tools would guide us in deciding the best time for deliveries for certain high-risk conditions, many of which are more prevalent in minority communities.
Telemedicine
Telemedicine has become widely adopted in response to the COVID-19 pandemic and has been shown to improve access to health care within rural communities, which often overlaps with minority populations.27 Telemedicine can dramatically improve patient access to specialist care without having to travel long distances.
Dr Denicola chaired the task force that developed ACOG’s guidelines on telehealth and discusses ways that we should maximize the potential of telemedicine to better serve minority populations.
Q: What is the most significant barrier to using telemedicine to treat birthing patients in minority communities?
Dr DeNicola: This is an area where some investment has to be made because while the data are strong that most people across demographics have access to a smartphone or tablet, typically more than 90{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f}, access to high-quality fast broadband internet is not as common.28 That has been one of the biggest barriers that I’ve encountered personally.
I also liaison with the group called the Maternal Applications of Technology for Community Health (MATCH) Coalition. This community organization is approaching maternal health from a community level by trying to leverage technology. The coalition has made one of the largest priorities to increase broadband access to some underserved communities because it is a key ingredient in maximizing the benefits of telehealth.
Health care access is no longer defined by the number of miles, but it’s defined as the number of bars.
Allison Nguyen is a 4th-year student at Ernest Mario School of Pharmacy at Rutgers University in New Brunswick, NJ.
This is the second article in a 2-part series on maternal mortality. The first article Maternal Mortality Crisis Among Minority Patients in the US is available here.
Growing adoption of technologically advanced medical maintenance & repair of medical equipment is a major factor
VANCOUVER, BRITISH COLUMBIA, CANADA, January 18, 2023 /EINPresswire.com/ — The global healthcare technology management market size reached USD 25.74 Billion in 2021 and is expected to register a revenue CAGR of 10.5{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} during the forecast period, according to latest analysis by Emergen Research. Rising demand for better asset management in hospitals, increasing focus on preventive medical equipment maintenance, and growing adoption of technologically advanced medical maintenance & repair of medical equipment are some of the key factors driving revenue growth of the healthcare technology management market.
Healthcare technology administration entails all of the tasks and procedures necessary to guarantee that technology is applied in healthcare organizations in a way that is secure, palatable, and economical. Healthcare technology, which is crucial in this regard, serves the purpose of modern healthcare, which is to provide high-standard healthcare. Planning and management for healthcare technologies are complex and varied because they need a wide variety of knowledge, including proficiency in engineering, business, logistics, planning, and management. More people are realizing the importance of managing medical technologies and physical infrastructure well if they are to provide high-quality healthcare at a reasonable and sustainable cost. Healthcare Technology Management (HTM) is concerned with the best possible acquisition and use of medical technology as a part of efficient and reasonably priced healthcare services. The progress of technological innovation has revolutionized many areas of healthcare equipment management and related procedures to satisfy the key goals of health technology management, such as procurement, maintenance planning, and medical equipment replacement in a specific context where service continuity, privacy, reliability, and safety are critical.
The growing need for better asset management in hospitals is one of the key drivers fueling the expansion of this business. In order to handle medical technology, hospitals must have regular maintenance, inspection, and testing protocols for all of the medical equipment in their inventory. As part of a program called regular maintenance, these tasks are being completed. The Medicine and Healthcare Products Regulatory Agency states that the time of maintenance procedures should be planned by the recommendations or methods made by the manufacturers in a different equipment maintenance program. As a result, there is a trend toward Technology-as-a-Service (TaaS) models, such as subscription services for technology management combined with structured upgrade capabilities, as they support the continual introduction of new and cutting-edge technologies in the future. Technology-as-a-Service (TaaS) plug-ins, such as Philips Technology Maximizer, seem to be an essential component of the transformation of the healthcare sector.
Market Development Factors
Increasing significance of preventative medical device upkeep and adaptability
The emphasis on routine maintenance of hospital equipment has changed as healthcare organisations work to increase patient safety and the calibre of care provided. This calls for a carefully thought-out plan in which routine maintenance tasks are carried out to prevent greater and more costly problems in the future. Due to telemedicine and patient portals, people can communicate with medical professionals in a variety of ways. Clinical professionals now have more tools to evaluate their patients’ health thanks to wearable technology, such as heart monitors, which also gives them more options for documenting and analysing symptoms while patients go about their daily lives.
Medical errors are now gradually declining
Since medical mistakes are common and an inevitable part of human performance, they are a growing subject of public concern. According to official Starfield and the American Institute of Medicine statistics, medical errors in hospitals and healthcare facilities are the third leading cause of death in the United States (IOM). Fortunately, technical developments have made it easier to develop systems that have been proved to reduce medical errors and increase the number of lives saved. Since they have a strong personal interest in it, patients and those who care for them are without a doubt the most valuable resource for healthcare professionals in enhancing patient safety.
Factor Restraining the Market
Data security and privacy Concerns are rapidly growing
A major concern with cloud solutions is that data kept by several suppliers is not as secure as data stored on-premise. Since patient information is regarded as sensitive, a higher level of privacy must be upheld in order to ensure that only authorised individuals can access it. Regulatory systems in a number of countries, like the US’s Health Insurance Portability and Accountability Act, have scrutinised patient information (HIPAA). The EU also has a number of directives governing data protection. In a number of nations, protected health information (PHI) about patients cannot be moved outside of the country in which it was created. The Personal Information Protection and Electronic Documents Act safeguards any personal information obtained, utilised, or released within Canada (PIPEDA).
Emergen Research has segmented the global healthcare technology management market on the basis of service type, facility type:
Service Type Outlook (Revenue, USD Billion; 2019-2030)
Maintenance & Repair
Integrated Software Platform
Quality & Regulatory Compliance
Supply Chain & Procurement
Capital Planning
Labor Management
Others
Facility Type Outlook (Revenue, USD Billion; 2019-2030)
Acute Care Facility
Post-Acute Care Facility
Non-Acute Care Facility
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Some Key Highlights From the Report
Acute care facility accounted for the largest revenue share in 2021. Providers of long-term care facilities will use health Information Technology (IT) to enhance care delivery and health outcomes while lowering overall healthcare costs. Research shows that within 30 days, 15.5{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} of patients were readmitted to an acute care hospital. Acute care hospital readmission rates for Medicare patients getting post-acute care services to vary, according to another study, and range from 11{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} for patients sent to in-patient rehabilitation facilities to 28{08cd930984ace14b54ef017cfb82c397b10f0f7d5e03e6413ad93bb8e636217f} for those discharged to home health agencies. Long-term acute care facility managers can gain insights into what variables increase the cost of care and take action to mitigate those concerns with the help of the correct data healthcare analytics technology management. Reduced costs can result in more earnings, which you can then use to fund the renovation of other parts of your long-term acute care facility. These are the major factors driving the growth of the segment.
The capital planning segment is expected to grow at a steady revenue CAGR during the forecast period. Hospitals have been devoting a sizeable percentage of their resources to these endeavors in order to manage capital assets and meet the constant need for new medical equipment. However, they are ill-equipped to handle the management of existing inventories. Hospitals are creating medical technology management programs that require appropriate data and planning methods for integrating new equipment into existing operations as well as for minimizing costs of ownership for all equipment to objectively manage their investment. As a result, healthcare technology management includes capital planning services that optimize a hospital’s current inventory, cut down on pointless equipment purchases, and maximize the utilization of existing assets.
Europe accounted for a significant revenue share in 2021. Some of the major factors driving revenue growth of the healthcare technology management market in this region include the rapid technological advancement of mechanical commercial healthcare technology management, rising healthcare expenditure, attractive medical reimbursement policies introduced by the government, and ease of access to cutting-edge medical equipment and technologies. These factors dramatically improved revenue growth of the market in this region.
The report also studies the key companies of the healthcare technology management market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Siemens Healthineers AG, General Electric Company, Koninklijke Philips N.V., Sodexo S.A., TriMedx LLC., Agility, Inc., Renovo Solutions, JANNX Medical Systems, Inc., ABM Industries, Inc., and Medtronic plc.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the healthcare technology management market?
What are the key product types and applications of the healthcare technology management industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the healthcare technology management market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the healthcare technology management Market by 2027?
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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