US Market Report for Anesthesia Information Management Systems 2017; New Report Launched


Bangalore, India -- (SBWIRE) -- 07/17/2017 -- General Report Contents

- Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends
- Market Drivers & Limiters for each chapter segment
- Competitive Analysis for each chapter segment
- Section on recent mergers & acquisitions

Anesthesia information management systems (AIMS) collect patient data digitally and use it to facilitate the anesthesia management of patients. AIMS are installed on a variety of hardware setups ranging from a simple laptop-like clinical workstation to more advanced and expensive touch-screen-based systems. All AIMS require networking between a central server used to store patient data and client side workstations within each operating room that link up to monitors and delivery machines to collect data.

There are several components that factor into the cost of establishing an AIMS in a hospital or ASC, the most significant of which is the software license and associated cost of integrating the newly installed AIMS with other hospital information systems that may or may not be provided by the same company.

Additional factors include maintenance and support costs, which are frequently paid upfront by the institution to cover maintenance for a fixed number of years, as well as hardware costs associated with the installation of servers and work stations. Because maintenance and support costs are in many cases paid over time, and are therefore not factored into the initial setup and installation fees, this report focuses exclusively on the software, integration and hardware costs linked to the initial installation of the AIMS.

AIMS have many documented benefits to hospitals and anesthesia departments; in particular, improving efficiency and record keeping in the hospital operating room (OR), typically the most costly suite in the hospital. In that regard, the minimization of costs in the OR is important to hospital organizations maintaining a healthy bottom line. The implementation of AIMS has been shown to financially benefit hospital management by minimizing waste of anesthesia-related drugs, streamlining billing, capturing anesthesia charges and increasing reimbursement gained through improved hospital coding.

Clinicians benefit from more comprehensive decision support tools, improved patient care and safety support, enhancement of clinical quality improvement programs and clinical studies, and support of clinical risk management. Proper utilization of AIMS can also help prevent possible malpractice and controlled-substance diversion cases by providing a solid electronic record of an anesthesiologist's treatment of a patient, as well as a record of which anesthetic drugs were administered and when. Early adopters of this software were large, academic teaching hospitals, but smaller community hospitals are expected to greatly increase their adoption of AIMS in the future because of the clearly defined and understood benefits of these record-keeping solutions.

The market for AIMS was slow to develop but after a number of funding acts and governmental penalties imposed on facilities failing to utilize an AIMS the market has demonstrated a high level of growth. Specifically governmental penalties were issued for hospitals not using an electronic medical record system (EMR), with AIMS being a form of one, that decreased Medicare/Medicaid reimbursement for covered patients to providers and hospitals that failed to use an EMR by 2015. This in turn generated growth which is set to stabilize in the market over time. Overall, the AIMS market in the hospital setting is far larger relative to the ASC market, which corresponds to the relative volumes of anesthesia procedures done as an aggregate in each setting.

Spanning over 230 pages "US Market Report for Anesthesia Information Management Systems 2017 - MedCore" report covers Executive Summary, Product Assessment, Research Methodology, Anesthesia Information Management System Market, Appendix. This Report Covered Companies Few Are - Philips Respironics, Resmed, Caire Inc., Becton Dickinson, Ge Healthcare, Covidien, Devilbiss, Invacare, Dr?ger, Teleflex, Fisher & Paykel, Inogen, Smiths Medical.

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