HONEYWELL REAL-TIME HEALTH MONITORING SYSTEM IMPROVES CAREGIVER EFFICIENCY WHILE REDUCING HOSPITAL READMISSIONS AND DELIVERING BETTER PATIENT EXPERIENCES

Honeywell (Nasdaq: HON) has developed a real-time health monitoring system designed to enhance patient monitoring and care delivery in various settings.

Rhea-AI Summary

Honeywell (Nasdaq: HON) has developed a real-time health monitoring system designed to enhance patient monitoring and care delivery in various settings. This innovative solution utilizes advanced sensing technology through a skin patch that tracks vital signs and connects data directly to healthcare providers' mobile devices. With projections of a physician shortage by 2034, this system enables remote patient monitoring, allowing clinicians to respond more effectively to changes in patients' conditions, thus improving efficiency and reducing administrative burdens. The system aims to enhance patient satisfaction by providing care in familiar environments while potentially decreasing hospital readmissions.

Positive

• The real-time health monitoring system enhances efficiency in patient care.
• Reduces clinician workloads by automating data collection and analysis.
• Aims to improve patient quality of life and satisfaction through remote monitoring.
• Potentially decreases hospital readmissions by providing care in patients' homes.

Negative

• None.

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Advanced sensor technology and data analytics help improve patient monitoring of vital signs and care delivery in remote environments

Combination of hardware and software automates time-consuming and critical tasks for medical personnel, reducing workloads and potential errors

CHARLOTTE, N.C., April 12, 2023 /PRNewswire/ -- Honeywell (Nasdaq: HON) announced today it has developed a real-time health monitoring system, which captures and records patients' vital signs both within the hospital setting and remotely. Honeywell's solution uses advanced sensing technology to monitor vital signs via a skin patch, which connects the data instantaneously to healthcare providers on mobile devices and an online dashboard.

The Association of American Medical Colleges projects there will be a physician shortage of between 37,800 and 124,000 physicians by 2034. Hospital systems and healthcare providers are already preparing for the clinician shortfall by implementing technologies and tools to improve efficiency, while still maintaining high levels of care. Honeywell's real-time health monitoring system provides doctors and nurses a solution to remotely monitor patients in the hospital or at home. The system, designed to be continuously connected to patients, alerts clinicians to changes in patients' vital signs, and markedly reduces the time required to collect, analyze and apply patient data as actionable insights.

By automating essential processes, the remote monitoring system can help reduce clinician workloads and potentially save hours of error-prone administrative tasks. Across the healthcare industry, the growing trend of telemedicine and implementing remote patient monitoring is helping enhance the overall patient experience.

"Safety and attentiveness are basic expectations for patients being treated in hospitals, and continuous patient monitoring is a necessity for doctors and nurses to provide best-in-class medical care," said Robert Robinson, healthcare vice president and general manager, Honeywell Sensing & Safety Technologies. "Our solution provides intelligent alerts in the system, helping healthcare providers monitor patients concurrently and improve response time when emergency intervention is needed. At Honeywell, we are committed to a future in which healthcare providers have digital tools to make their jobs more efficient and accurate, and where every patient can receive high-quality care – where and when they need it."

This technology unlocks the ability to provide care for patients in the home, at ambulatory care centers or elsewhere outside of hospital walls. By bringing vital sign monitoring closer to where patients live, patients can receive care in their own environments, hospital readmissions can be reduced and beds can be freed up for those requiring in-person attention. Honeywell's system will also help improve patient quality of life and satisfaction, an often overlooked benefit of remote monitoring. The ability to have vitals monitored in real time, regardless of where patients are, provides greater freedom and flexibility without needing to make regular trips to the hospital or being tethered to a hospital bed.

The healthcare industry is continuously evolving to maintain environments where clinicians can deliver high-quality care to patients. The real-time health monitoring system is part of Honeywell's robust portfolio of healthcare technologies that drive better patient outcomes.

Honeywell Safety and Productivity Solutions (SPS) provides products, software and connected solutions that improve productivity, workplace safety and asset performance for our customers across the globe. We deliver on this promise through industry-leading mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls. For more information, please visit: sps.honeywell.com.

Honeywell (www.honeywell.com) delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Contacts:

Media 
Caroline Szyperski      
704-589-6664     
Caroline.Szyperski@honeywell.com

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SOURCE Honeywell

FAQ

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What is Honeywell's new health monitoring system?

Honeywell's new health monitoring system is a real-time solution that captures and records patients' vital signs through a skin patch, allowing remote monitoring by healthcare providers.

How does Honeywell's health monitoring system improve caregiver efficiency?

The system automates the collection and analysis of vital sign data, significantly reducing the time clinicians spend on administrative tasks and enabling quicker responses to patient needs.

What are the projected benefits of Honeywell's health monitoring system?

The system aims to enhance patient satisfaction, improve healthcare delivery efficiency, and potentially reduce hospital readmissions by enabling care in patients' homes.

When was Honeywell's health monitoring system announced?

Honeywell announced the real-time health monitoring system on April 12, 2023.

What is the significance of the physician shortage mentioned in the press release?

The Association of American Medical Colleges projects a physician shortage of 37,800 to 124,000 by 2034, highlighting the need for efficient healthcare solutions like Honeywell's monitoring system.