Healthcare will spend big on wireless

Issues including patient-identify protection and drug theft are converging to drive the need for mobile asset management.

Feb 10th, 2011

New research compiled by In-Stat indicates that in the United States, spending on wireless data by healthcare organizations will exceed $4.5 billion by 2014. The research firm says that immediacy and mobility are primary objectives in healthcare and medical caregivers seek portable access to data, patients' status, records, diagnostic tools, prescriptions and medications. Additionally, the coordination of care, validating patient identity, billing for services and preventing medical errors are preoccupying professionals and are at least partly driving the healthcare organizations to that $4.5-billion level of spending.

"Growing federal initiatives have increased the emphasis on digitizing records nationwide," says Greg Potter, research analyst with In-Stat. "At the same time, disaster response and disease control increasingly require integration with government authorities. Add in aging population, complex insurance company billing, patient-identity protection and drug theft, and you have the perfect storm in pursuit of a digital means to rein in personnel and asset management costs with a highly mobile medical workforce."

This analysis of spending by healthcare organizations is just one part of In-Stat's study entitled "U.S. Wireless Spending by Vertical Markets: Spending, Drivers, Inhibitors and Interesting Applications." Other verticals covered in the study include finance and insurance, government, information, manufacturing, professional services, retail trade and transportation.

The report is being sold for $4,995. Find out more about it here.

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