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Critical Need for Efficiency amidst Ongoing Resource Shortages and Rising Demand Drive Global Hospital Command Centers Market
Critical Need for Efficiency amidst Ongoing Resource Shortages and Rising Demand Drive Global Hospital Command Centers Market
Medtech Vendors’ Growth Strategies to Support Hospitals’ ROI and Margin Improvement in a Post-COVID-19 Era
30-Nov-2020
North America
Market Research
$4,950.00
Special Price $3,712.50 save 25 %
Description
Globally, the difficulty in operating large hospitals is made worse by use of manual operations and processes that often lead to a host of inefficiencies. The COVID-19 pandemic in the first half of 2020 brought these inefficiencies to the fore, and as a lasting impact, hospitals must now address the backlog of outpatient, imaging, and surgery patients. The only way to effectively do so is to operate over capacity, an imperative for boosting revenues that took a significant hit during the COVID-19 pandemic-induced lockdowns and holds on elective procedures.
Several solutions designed to optimize hospital operations exist in the market, but hospital command centers have taken these tools to another level. With the advent of technologies such as data analytics and advancements such as predictive analytics and digital twins, command centers have evolved into high-tech solutions that empower hospitals to manage several operational areas. Adoption of hospital command centers has steadily risen, but the impact of COVID-19 is likely to increase demand for these solutions further. However, hospitals must also update the management of their clinical processes, workflows, and finances, which is a challenge more so now in a value-based care environment. With reimbursement penalties given for issues such as readmission and patient satisfaction, hospitals are forced to seek support from technology solutions to better manage their clinical protocols and finances.
In this study, Frost & Sullivan discusses how hospital command centers work as tailor-made solutions for hospitals globally to not only manage their operations but also their clinical care variations, risk predictions, and clinical applications, as well as tie in finances to get patient-level details on cost and revenue. The transition to include clinical applications is already witnessed as some command centers incorporate these aspects into various command center models (self-built, virtual, public health); it is likely that the concept will soon evolve into an end-to-end hospital management center, beyond operations as it exists today. This effectively means that every single hospital vendor and stakeholder providing digital data (operational, clinical, or financial) will eventually enter the scope of the command center, either by partnership or simple integration of the data into the larger framework. It is important, therefore, to understand how the command center will evolve in the near future and how vendors can become part of this movement.
Key Issues Addressed
- What are hospital command centers and how are they expected to evolve with time?
- What is the current adoption status of hospital command centers and how will adoption increase in the post-COVID-19 era?
- Which vendors offer these solutions and what are the business and pricing models they follow?
- How and where should hospitals begin when thinking about command centers?
- What are the regional trends for hospital command centers and which regions are likely to grow the fastest in adopting this concept?
Author: Siddharth Shah
Table of Contents
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Hospital Command Centers Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Hospital Command Centers Market—Scope of Analysis
Evolution of the Command Center Model
Evolution of the Command Center Concept
Key Growth Metrics for Hospital Command Centers Market
Global Opportunity Size, 2035
Hospital Needs and Eligibility Assessment
Summary of Growth Opportunities
Declining Hospital Operating Margins
Strategies to Course Correct
Being Efficient Pays
Today’s Hospitals Are Fundamentally Challenged on All Fronts
Technology Initiatives Must Fit the Smart Hospital Framework
Several Digital Tools and Services Impact Hospitals Today
Software-Only Solutions vs. Command Center Approach
Evolution of the Command Center Model
The Command Center Approach for Driving Efficiency
Command Center—A Crucial Step Along the Smart Hospital Journey
Command Center Applications
Command Center Applications (continued)
Command Center Elements
Evolution of the Command Center Concept
Discussion on the Evolution of the Command Center Concept
Hospital Command Centers—Their Critical, Central, and Enabling Role in the Future of Hospitals
Hospital Command Centers Segmentation by Approach
Key Competitors for Hospital Command Centers
Growth Drivers for Hospital Command Centers
Growth Restraints for Hospital Command Centers
Forecast Assumptions, Hospital Command Centers
Revenue Forecast, Hospital Command Centers
Revenue Forecast by Region, Hospital Command Centers
Revenue Forecast by Region, Hospital Command Centers (continued)
Revenue Forecast Analysis—Hospital Command Centers
Revenue Forecast Analysis by Region—Hospital Command Centers
Global Opportunity Size, 2035
Competitive Environment—Hospital Command Centers
Installed Base Share, Hospital Command Centers
Installed Base Share Analysis—Hospital Command Centers
Business Models
Potential Adoption and Evolution of Command Centers
Public Health System Command Center Concept
Hub-and-Spoke Model
Self-Built Command Center
The Decentralized Virtual Command Center
Regional Split of Installed Base—Hospital Command Centers
Differing Needs for Efficiency Solutions
Global Hospital Landscape
Largest Global Hospitals
Largest Global Hospitals (continued)
Countries with Public (Government-Funded) Health Systems
North America
Europe
The Middle East
Asia-Pacific
Latin America
Hospital Command Center Models
Adoption Process
Hospital Needs and Eligibility Assessment
Hospital Command Center Decision-Making Guide and Checklist
Hospital Command Center Decision-Making Guide and Checklist (continued)
Hospital Command Center Decision-Making Guide and Checklist (continued)
Hospital Command Center Decision-Making Guide and Checklist (continued)
Command Center Profile—Johns Hopkins Hospital, The United States
Command Center Profile—Yale New Haven Hospital, United States
Command Center Profile—Arizona Department of Health Services, United States
Command Center Profile—Carilion Clinic, United States
Command Center Profile—Humber River Hospital, Canada
Value Propositions by Role
Requisite Vendor Capabilities
Vendor Capability Assessment
Vendor Profile—Care Logistics
Vendor Profile—Central Logic
Vendor Profile—Cerner
Vendor Profile—Change Healthcare
Vendor Profile—Edgility
Vendor Profile—Epic
Vendor Profile—GE Healthcare Partners
Vendor Profile—KenSci
Vendor Profile—Philips Healthcare
Vendor Profile—Qventus
Vendor Profile—TeleTracking
Growth Opportunity 1—Virtual Command Centers in Post-Pandemic World, 2020
Growth Opportunity 1—Virtual Command Centers in Post-Pandemic World, 2020 (continued)
Growth Opportunity 2—Offering Clinical and Financial Applications, Beyond Operational Applications, 2020
Growth Opportunity 2—Offering Clinical and Financial Applications Beyond Operational Applications, 2020 (continued)
Growth Opportunity 3—Public Health Systems’ Regional Command Centers, 2020
Growth Opportunity 3—Public Health Systems’ Regional Command Centers, 2020 (continued)
Growth Opportunity 4—Multi-Vendor Frameworks for Holistic Command Center Solutions, 2020
Growth Opportunity 4—Multi-Vendor Frameworks for Holistic Command Center Solutions, 2020 (continued)
Growth Opportunity 5—Targeting Greenfield and Brownfield (Expansion) Hospital Projects, 2020
Growth Opportunity 5—Targeting Greenfield and Brownfield (Expansion) Hospital Projects, 2020 (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
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Key Issues Addressed
- What are hospital command centers and how are they expected to evolve with time?
- What is the current adoption status of hospital command centers and how will adoption increase in the post-COVID-19 era?
- Which vendors offer these solutions and what are the business and pricing models they follow?
- How and where should hospitals begin when thinking about command centers?
- What are the regional trends for hospital command centers and which regions are likely to grow the fastest in adopting this concept?
Author: Siddharth Shah
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Siddharth Shah |
| Industries | Healthcare |
| WIP Number | K52B-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9564-B1,9575-B1,9600-B1,9612-B1,9A51-B1,9A52-B1,9A06-B1,9A55-B1,99BB-B1,99BC-B1,9A47-B1,9A48-B1,9A49-B1,9A4B-B1 |