Healthcare Business Review Weekly Brief
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Healthcare facilities management is steadily growing due to various factors like increasing healthcare expenditure, rising demand for advanced infrastructure, and the need for efficient facility management in healthcare settings. AI-driven tools help schedule and track maintenance activities, manage work orders, and optimize resource allocation. Healthcare facilities leverage IoT sensors and devices to monitor everything from temperature and humidity to equipment performance. Advanced access control technologies, including biometrics and facial recognition, enhance healthcare facilities’ security. The cutting-edge technologies require robust IT infrastructure and cybersecurity measures to support healthcare facilities management.
The global healthcare facilities management market was valued at $6.5 bn in 2022 and is estimated to reach $11 bn by 2030 at a CAGR of 6.9 percent from 2023 to 2030. The rising global population, increasing longevity, and evolving lifestyle trends lead to higher demand for healthcare services. It drives the need for well-managed healthcare facilities to provide efficient, better-quality patient care. Adopting cutting-edge technologies, like the Internet of Things (IoT), Artificial Intelligence (AI), and automation, is transforming healthcare facilities management, propelling the market growth. These technology-driven solutions enhance decision-making, enable predictive maintenance, improve patient experiences, and optimize overall facility performance, fueling growth.
This edition of the Healthcare Business Review brings insights into the latest developments in healthcare facility management for providing high-quality care while ensuring safety, compliance, and efficiency.
It features a thought leadership article from James Bryant, Vice President of Emergency Services at Centra Health, who sheds light on mental health care in a more compassionate, less restrictive, patient-centric model focused on acute crisis and meaningful outcomes. It also features an article from Deborah S. Baden, Director of Risk Management and Patient Safety at LifeBridge Health, who emphasizes the importance of innovation and research and how it is essential for adaptation to the evolving demands of resources.
In this edition of Healthcare Business Review, we also bring you the story of the top healthcare facility management providers delivering enhanced facilities that are increasingly designed and managed, focusing on improving the patient experience.
In this edition featuring the top Healthcare Facility Management Services Providers 2023, we hope you find the right partner to accommodate the changing healthcare needs.
Usually, the qualified subscribers of our magazine nominate companies with whom they have collaborated and experienced exceptional results to be in this list. Did a company you recently worked with give you stellar results and ROI? Did it turn out to be one you would wholeheartedly recommend to peers? Or do you know of such an outstanding company through your network? Please fill in the details below and nominate them to be featured here.
Through a combination of technical expertise and the partnerships it forms with clients, Terminix uses an Integrated Pest Management approach to identify the root cause of pest issues and eliminate those factors in the hygiene-crucial healthcare space.
ABM INDUSTRIES INCORPORATED (ABM) is a global leader in facility services and solutions, dedicated to creating cleaner, healthier, and more sustainable environments. They offer essential services and innovative solutions that enhance important spaces and locations worldwide.
Aramark serves educational institutions, Fortune 500 companies, sports teams, healthcare providers, iconic destinations, municipalities, and cultural attractions in 19 countries worldwide. Their service-oriented culture motivates employees to make positive contributions to their colleagues, partners, communities, and the environment..
Commercial Fire, a leading multi-site fire and life safety services provider, is dedicated to safeguarding lives and properties. Collaborating with approved affiliate partners, they serve major restaurant, retail, and hospitality chains in the U.S., Canada, and the Caribbean.
Emerald Textiles™ is the leading provider of healthcare textile services on the West Coast, renowned for top-quality excellence and trusted customer service. Their state-of-the-art facilities in California, Arizona, Nevada, and Utah prioritize environmental responsibility, leveraging cutting-edge technology to ensure superior cleanliness, industry compliance, and customer contentment.
Healthcare Building Solutions (HBS), a nationally recognized consultancy, provides a comprehensive suite of services to healthcare, science, and higher education institutions for launching new projects. Their approach simplifies planning and delivery, reducing administrative burdens and costs, enabling organizations to prioritize their core missions.
Integrated Facilities Solutions, Inc. (IFS) offers leadership and management for capital projects, aiding owners in achieving their goals. With industry expertise, tools, and organizational support, IFS has successfully completed over 2,500 projects worth $3.5 billion, surpassing operational and financial targets.
MediMizer, Inc. specializes in providing Hospital Management Solutions for BioMedical Compliance, serving hospitals and other organizations. Their software assists in customer support, parts tracking, and medical equipment management, offering detailed data for informed decision-making.
Mitie Group provides comprehensive facility management solutions for healthcare facilities, ensuring their efficient and safe operation. With a focus on delivering exceptional services, Mitie enhances the well-being of patients and staff. Their expertise in healthcare facility management contributes to a healthier and more productive environment for all stakeholders.
Sodexo, with its independent family ownership and sustainable business model, offers a diverse range of services like Food, Facilities, and Benefits. They promote sustainability and well-being in work, healthcare, education, and leisure, ensuring healthy meals, safe workplaces, unique experiences, learning, recovery, and work-life balance.
