Bed management technologies represent one of the most promising software markets because of their low rate of market penetration, according to a report published by HIMSS Analytics, FierceHealthIT reports.
HIMSS Analytics is the research arm of the Healthcare Information and Management Systems Society.
The report -- titled, "Essentials of the U.S. Hospital IT Market" -- analyzed the market viability of 24 types of software applications for five operational areas:
- General finance;
- Financial decision support;
- Human resources;
- Supply chain management; and
- Revenue cycle management.
About Bed Management Technology
The report defined bed management technologies as software systems that:
- Track when beds are available;
- Create notifications to janitorial staff to prepare the beds for new patients; and
- Notify hospital administration when the bed or room is ready for the next patient.
According to the report, bed management technologies potentially can improve hospital workflow and increase patient satisfaction by bolstering an organization's ability to efficiently track, prepare and fill beds.
The executive summary of the report also noted that market penetration levels of various applications follow the adoption levels outlined in HIMSS Analytics' Electronic Medical Record Adoption Model (Hall, FierceHealthIT, 5/16).
EMRAM is an eight-stage model -- ranging from stages 0 to 7 -- used to classify an institution's level of electronic health record adoption. To receive a Stage 7 EMRAM ranking, a hospital must have a nearly paperless environment, as well as a range of data exchange and interoperability capabilities (iHealthBeat, 1/17).