U.S. High Acuity Care Information Systems Markets

Frost & Sullivan, February 2011, Pages: 82

This research service analyses the high acuity care information systems market as it pertains to their use in U.S. hospitals. It describes the various market, economic, technological, and management trends with respect to the procurement and use of high acuity care information systems in specific hospital service areas including emergency, intensive care, and peri-operative and anesthesia departments. Drivers, restraints and challenges for the U.S. high acuity care information systems market are analysed and revenue forecasts are provided for 2005 through 2015. The research service also presents selected vendor profiles and market share analysis as well as strategic recommendations for the growth of the market

Research Overview

This Frost & Sullivan research service titled U.S. High Acuity Care Information Systems Market provides the various economic, technological, management, and market trends related to the procurement and use of high acuity care information systems in specific hospital service areas. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: emergency department, intensive care, peri-operative, and anesthesia information systems.

Market Overview

Growing Focus on Improving Patient Care Outcomes Drives Demand for Acuity Care Information Systems

Implementation of acuity care hospital information systems, specifically those targeted at emergency and intensive care departments, is helping hospitals to upgrade the quality of patient care. The improvements in quality range from faster processing/admittance through triage to minimization of medication errors through use of physician order entry systems. Hospitals are also hoping that information systems vendors will help them understand and comply with the criteria of ‘meaningful use’, as outlined in the Health Information Technology for Economic and Clinical Health Act (HITECH) portion of the American Recovery and Reinvestment Act (ARRA). “The vagueness surrounding what is or is not included in justifying ‘meaningful use’ requirements in order to qualify for the ARRA’s financial incentives is preventing many hospitals from going through with their IT purchase decisions in the short-term,” notes the analyst. “A number of acute care vendors have set up programs to help educate their clients about the ‘meaningful use’ criteria and have developed programs designed to help hospitals meet them.”

Interestingly, the Act may also have a negative impact on IT spending within various units of the healthcare facility. Given the requirements of the ARRA and budgetary constraints, it is likely that hospitals and other healthcare service providers will have to channel funds to fulfill other short-term obligations, which in turn affects revenue growth opportunities for high acuity care vendors. Moreover, the uncertain economic environment also influences hospitals’ decisions to purchase and implement various technologies including acute care information systems.

Amid Intense Competition, the $842.2 Million U.S. Market is Expected to Reach $1.3 Billion in 2015

Competition among market vendors is intensifying, as hospitals are still not sure about the most appropriate acuity care information system. Hospitals consider information technology integral to their operations rather than just a support technology; however, they are uncertain whether they should approach enterprise or niche vendors to avail the best solutions. While the end users are still undecided about the best way forward, many large enterprise-wide HIS vendors, in a show of might, have been buying out smaller/niche participants in order to expand and complement their portfolios. The various mergers and acquisitions enable large vendors to reduce their operating costs and be even more price competitive - an approach that would be difficult for smaller participants to follow, at least in the short run, anyway. Hence, to stave off price wars, acute care information system vendors have apportioned a part of their business to companies that offer enterprise-wide hospital information systems (HIS) and another part to niche vendors. While the former offers solutions for various departments of a hospital, the latter focuses on one or more of the three key high acuity care centers.

“This market is expected to continue to grow over the next few years as hospitals that had deferred investments during the global economic downturn are expected to start spending in 2011,” observes the analyst of this research service. “Hospitals are either implementing new systems for the first time or deploying replacements of/upgrading existing systems.” The key market drivers include hospitals’ continuing focus on improving patient care, the desire to boost facility/human capital utilization, and the need to meet regulatory requirements. Additionally, the constant need for application maintenance will provide HIS vendors with a steady revenue stream over the next few years.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

By Solution Type

- Emergency department
- Intensive care
- Peri-operative and anesthesia

1 | EXECUTIVE SUMMARY OF THE U.S. HIGH ACUITY CARE INFORMATION SYSTEMS MARKET

- U.S. High Acuity Care Information Systems Executive Summary
- - 1. Executive Summary of the U.S. High Acuity Care Information Systems Market
- - 2. Introduction and Overview
- - 3. Study Design and Research Methods
- - 4. List of Acronyms

2 | MARKET OVERVIEW OF THE U.S. HIGH ACUITY CARE INFORMATION SYSTEMS

- U.S. High Acuity Care Information Systems Market Overview
- - 1. Measurements
- - 2. Market Challenges
- - 3. Market Drivers
- - 4. Market Restraints

- General Trends Impacting the Hospital Market
- - 1. U.S. Healthcare Provider Demographics
- - 2. Trends and Priorities for Hospital IT Departments - A Look at Results from the 21st HIMSS Leadership Survey

3 | REVENUE FORECASTS FOR THE U.S. HIGH ACUITY CARE INFORMATION SYTEMS MARKET

- U.S. High Acuity Care Information Systems Total Revenue Forecasts
- - 1. Total Market Revenue Forecasts

U.S. High Acuity Care Information Systems Segment Revenue Forecasts
- - 1. Revenue Forecasts for Emergency Department Information Systems (EDIS)
- - 2. Revenue Forecasts for Intensive Care (ICIS)
- - 3. Revenue Forecasts for Peri-Operative and Anesthesia Care Information Systems

4 | COMPETITIVE TRENDS FOR THE U.S. HIGH ACUITY CARE INFORMATION SYSTEMS MARKET

- Competitive Structure
- - 1. Overview of Competitive Structure
- - 2. Vendor Selection Process
- - 3. Other Competitive Issues

- Market Share Analysis
- - 1. Market Share by Vendors

- Vendor Overview
- - 1. Vendor Profiles

5 | CONCLUSION

- Summary and Concluding Thoughts
- - 1. Conclusion

6 | DECISION SUPPORT DATABASE

- Databases
- - 1. National Health Expenditures by Category
- - 2. Projected Public and Private National Health Expenditures
- - 3. National Health Expenditures by Category and Distribution
- - 4. Percent of Public vs. Private Healthcare Expenditures
- - 5. Number of Healthcare Establishments by Type
- - 6. Distribution of Hospitals by Ownership Type by State
- - 7. Number of Hospital Emergency Room Visits by State

List of Figures

Chapter 2
- - High Acuity Care Information Systems Market: Impact of Top Industry Challenges (U.S.), 2010-2015
- - High Acuity Care Information Systems Market: Market Drivers Ranked in Order of Impact (U.S.), 2010-2015
- - High Acuity Care Information Systems Market: Market Restraints Ranked in Order of Impact (U.S.), 2010-2015
- - High Acuity Care Information Systems Market: Healthcare Provider Demographics based on NAICS (U.S.), 2002 and 2007
- - High Acuity Care Information Systems Market: Hospital Demographics (U.S.), 2008

- Chapter 3
- - High Acuity Care Information Systems Market: Total Revenue Forecasts (U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Revenue Forecasts and Distribution by System Sales and Installation vs. Maintenance(U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Revenue Forecasts for Emergency Department Information Systems (U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Revenue Forecasts for Intensive Care Information Systems (U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Revenue Forecasts for Peri-operative & Anesthesia Information Systems (U.S.), 2005-2015

- Chapter 4
- - High Acuity Care Information Systems Market: Competitive Structure (U.S.), 2009
- - High Acuity Care Information Systems Market: Company Market Share by System/Software and Implementation Revenues (U.S.), 2009

- Chapter 6
- - Decision Support Database: National Health Expenditures by Category (U.S.), 2009-2016
- - Decision Support Database: Projected Public and Private National Health Expenditures (U.S.), 2008-2018
- - Decision Support Database: National Health Expenditures by Category and Distribution (U.S.), 2007-2008
- - Decision Support Database: Percent of Public vs. Private National Health Expenditures (U.S.), 2008
- - Decision Support Database: Number of Healthcare Establishments by Type (U.S.), 2002 and 2007
- - Decision Support Database: Distribution of Hospitals by Ownership Type by State (U.S.), 2008
- - Decision Support Database: Hospital Emergency Room Visits per 1,000 Population by State (U.S.), 2008

List Of Charts:

- Chapter 1
- - High Acuity Care Information Systems Market: Healthcare Services Segmentation Based on NAICS (U.S.), 2010
- - High Acuity Care Information Systems Market: Market Segmentation by Solution Type (U.S.), 2010

- Chapter 2
- - High Acuity Care Information Systems Market: Market Engineering Measurements (U.S.), 2009
- - High Acuity Care Information Systems Market: Hospitals' Key Business Objectives (U.S.), 2009 and 2010
- - High Acuity Care Information Systems Market: Hospitals' Primary Clinical IT Focus (U.S.), 2009 and 2010
- - High Acuity Care Information Systems Market: Top IT Priorities of Hospitals in the Next Two Years (U.S.), 2009 and 2010
- - High Acuity Care Information Systems Market: Most Significant Barriers Faced by Hospitals in Implementing IT (U.S.), 2009 and 2010
- - High Acuity Care Information Systems Market: Top Ten 2010 Hospital IT Staffing Needs (U.S.), 2010
- - High Acuity Care Information Systems Market: Operational Areas of Hospitals that IT Can Most Impact (U.S.), 2009 and 2010
- - High Acuity Care Information Systems Market: Hospitals' Planned Investments Related to ARRA Funds (U.S.), 2010
- - High Acuity Care Information Systems Market: Projected Change in Hospital IT Budget (U.S.), 2009 and 2010
- - High Acuity Care Information Systems Market: Reasons for Increasing 2010 Hospital IT Budgets (U.S.), 2010

- Chapter 3
- - High Acuity Care Information Systems Market: Total Market Revenue Forecasts (U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Distribution of Revenues by Product Category (U.S.), 2009
- - High Acuity Care Information Systems Market: Emergency Department Information Systems Revenue Forecast (U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Intensive Care Information Systems Revenue Forecast (U.S.), 2005-2015
- - High Acuity Care Information Systems Market: Peri-Operative & Anesthesia Information Systems Revenue Forecast (U.S.), 2005-2015

- Chapter 4
- - High Acuity Care Information Systems Market: Market Share of Key Vendors (U.S.), 2009

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