White Paper: Hospital Connectivity - Impact on Point of Care Testing
- ID: 365027
- November 2003
- Frost & Sullivan
Cost Benefit Provides a Strong Selling Proposition for Point-of-Care Diagnostics and IT Connectivity
While the economics involved in the purchase of point-of-care test devices and provision of IT connectivity within a hospital is the biggest challenge to their uptake, it is, ironically, also their primary driver. The prospects for point-of-care test equipment appear bright as hospitals are expected to take to its significant cost advantages through elimination of laboratory nightshifts and the need to buy new central laboratory equipment. The IT connectivity segment, on the other hand, is optimistic about the future trend of hospital-wide connectivity -- irrespective of whether it is through local area network (LAN) or wireless LAN.
This Frost & Sullivan research service analyses the issues of connectivity of point-of-care and near-patient tests with an IT network in hospitals. It also studies the impact of these new technologies on the European laboratory information systems market. The research discusses various trends and opportunities in the traditionally conservative market, which is going through major changes.
Improved Clinical Outcomes Provide a Sound Case for Greater Adoption of New Technology
The time-sensitive nature of several disorders such as cardiac ailments stands point-of-care or near-patient testing devices in good stead. The ability to undertake patient diagnoses at the point of care and feed the resultant data instantaneously to the hospital network is a major advancement both in terms of clinical care and cost saving, says the analyst. These evident benefits will be counted on to rid healthcare professionals of their scepticism about adopting new technologies.
Early adopters of the technology are primarily expected to be research and teaching hospitals followed by privately-funded institutions and lastly, the public sector, remarks the analyst. As new hospitals publicise their findings, other hospitals will be encouraged to update and modernise existing facilities. All said and done, improved patient care by itself is reason enough to encourage many non-laboratory healthcare professionals to accept or even promote point-of-care testing.
Point-of-Care Testing Shifts Responsibility from Laboratory Technicians to Non-laboratory Staff
Adoption of point-of-care testing has many implications for the hospital workflow and management issues. By taking the activity of testing outside the laboratory, there is an implied loss of control -- particularly over quality -- by the laboratory staff, notes the analyst. On the other hand, they can be relieved of liability of misdiagnosis. This deflection of responsibility could add to the stress and workload of the non-laboratory staff.
One of the biggest fears of professionals in centralised laboratories is that with the introduction of new technologies, staff numbers will be reduced. To promote innovative devices, full details of costs, staffing and work practice changes and clinical outcomes must be made available to the internal community. Such promotional measures coupled with the obvious advantages of point-of-care testing and connectivity are expected to transform the diagnostic equipment market in future.
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1 - WHITE PAPER : HOSPITAL CONNECTIVITY - IMPACT ON POINT OF CARE TESTING
2. Value of connectivity
3. Impact on Cost Savings
4. Hospital Network Issues
Projected Penetration Rates
1. Projected Penetration Rates
2. Economic Issues - The total cost of care concept
3. Equipment Issues
4. Technology Issues
5. Competitive Analysis
1. Strategic Viewpoint
Frost & Sullivan 2004 Awards
1. Frost & Sullivan 2004 Awards
2. Award Category: Business Development Strategy