Thank you for Subscribing to Healthcare Business Review Weekly Brief
× 
Healthcare Business Review Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Healthcare Business Review
Top 10 Hospital Asset Management Services Companies 2022
The introduction of healthcare IT has rapidly transformed asset management in healthcare organizations. A well-organized hospital asset management strategy is integral to optimum utilization of physical assets to improve quality of care.
According to a report by fortunebusinessinsights.com, the global healthcare asset management market was valued at $ 11,002.50 million in 2019 and is expected to reach $ 84,483.03 million by 2027, registering a CAGR of 28.9 percent during the forecast period.
This rapid growth can be attributed to the rising demand for effective asset management technologies and solutions.
With the introduction of wireless healthcare asset management solutions, healthcare firms can keep track of not only the patients and medical professionals but also their physical assets in real time. These wireless solutions enhance flexibility, scalability, and portability of systems. They enable healthcare organizations to easily search for their assets by indicating availability and room location, whether it is currently in use or free, as well as the sterilization status.
With effective healthcare asset management, organizations can analyze data and trends to plan future expenditures, better coordinate orders and inventory, and prevent resource loss. Asset tracking tools equipped with barcode scanning software and mobile accessibility enable medical facilities to plan for critical equipment to be assessed and reduce equipment downtime.
This edition of Healthcare Business Review delivers a bird’s-eye view of the recent developments in the hospital asset management arena and insights into how organizations are aligning with these trends and adopting new ways to shape the future of healthcare asset management.
We have curated thought leadership articles from industry experts, including the System Environmental Services Director at Baptist Health and the VP of Information Security & Infrastructure/Operations and CISO at Fairview Health Services.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative, intelligent hospital asset management services and solutions. Equipped with innovative technological capabilities, the enlisted service and solution providers, such as Cypress West Partners and Metalcraft, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review’s hospital asset management services and solution providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
Let us know your thoughts!
Nominate a Company
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.
Top Hospital Asset Management Services Companies
Cypress West was formed through strategic affiliations with the purpose to acquire, develop and manage healthcare properties on a national basis. Cypress West aligns with like-minded project partners and implements with the highest level of real time, real estate experience and knowledge.
We can create a strategic plan to manage and execute all facets of a ground-up development, management plan, or acquisition of a healthcare property. We strive to be the best partner to systems and providers bringing all our experience to bear on their behalf so that they can focus their resources on better healthcare outcomes for their patient
—Jeffrey Johnson, COO, Founder; Christopher Cumella, CEO, Founder
Cypress West Partners
Management
Jeffrey Johnson, COO, Founder; Christopher Cumella, CEO, Founder
Adonius
With the high cost of medical devices and equipment, having a partner with the appropriate competence to preserve their investment becomes critical. Adonius has designed its verification system to follow its assets from initial installation to final installation while preserving a complete chain of custody
Cascade Capital Group
Cascade Capital is a closely held healthcare real estate investment and management firm committed to increasing the value of skilled nursing, rehabilitation, and post-acute care facilities. Its holdings include individual or multi-asset portfolios, stable and troubled facilities, and mixed or multi-state portfolios
CenTrak
Users can quickly establish the exact position of tagged mobile medical equipment with CenTrak Asset. This lowers asset hoarding, saves employees time looking for equipment, and automates operations such as PAR-level management
Flagship Healthcare Properties
Flagship Healthcare Properties manages an asset portfolio of more than 3 million square feet of healthcare properties. As asset managers, their focus is on the property as a financial asset, and the suggestions they make to owners and customers are those that influence the property’s financial performance, with an eye both towards short-term cash flow and long-term appreciation and value development
Litum
Litum incorporates ultra-wideband RTLS technology into battery-powered active RFID asset trackers mounted on equipment. Its asset tags operate in tandem with its RTLS mesh network, which is placed throughout any building, to create an invisible “interior tracking system” that monitors the position of every item with the best precision possible
Medical Asset Management
Medical Asset Management has extensive expertise in packaging properties for submission to the financing industry to help its customers obtain the cash they require. For their customers, they also research and prepare property tax appeals. They are masters in packaging assets for presentation to the lending community to assist their customers in obtaining construction and permanent loans
Primis Medical
Primis Medical provides Medical Services and Equipment to both Large and Small Healthcare Facilities, assisting businesses in becoming more eco-friendly. His desire to provide the best refurbished and new equipment for his fellow Frontline Caregivers drove him to quit his day job. It gave him the impetus to turn hard work and inspiration into a thriving business
Sonitor Technologies
With the most powerful, precise, and versatile RTLS technology available, Sonitor Sense RTLS provides asset management applications, allowing facilities better to manage their inventories and, ultimately, their costs. Utilizing the most advanced, accurate, and flexible RTLS technology, Sonitor SenseTM RTLS enables asset management
The Justice Group Consulting
The Justice Group Consultation offers law enforcement and healthcare providers consulting and support solutions, such as active assailant threat assessments and training to defend their most valuable assets. Its purpose is to advise, assist, and safeguard any company against potentially disastrous acts while promoting its objectives
