Frost Radar™: Clinical Decision Support Systems in North America, 2023

Frost Radar™: Clinical Decision Support Systems in North America, 2023

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

This Frost Radar™ investigates the growth and innovation activity of clinical decision support system (CDSS) providers in their pursuit to help end users take the next best medical care action. A CDSS provides professionals with access to organized clinical knowledge integrated with the patient’s medical profile to improve their health and overall care delivery. These solutions have evolved from simply sharing alerts to collecting and analyzing data from disparate sources, then providing all relevant context to clinicians as they consider key care decisions. Today, a CDSS provides decision makers with actionable insights to improve clinical, operational, and financial performance as well as reduce errors or revenue leaks. Incorporating artificial intelligence (AI), such as analytics, conversational, or generative; cloud; and edge computing will positively impact the uptake and accuracy rate of CDSS solutions.

Frost & Sullivan segments the CDSS market into four categories: evidence/protocol, workflow, analytics, and point of care.

Evidence/protocol includes referential and evidence-based content alongside medical guidelines.

Workflow includes documentation, scheduling, billing, computerized provider order entry (CPOE), and order sets. The solutions in this segment are primarily sold as a subset of the CDSS with focus on operational efficiency rather than clinical efficiency.

Analytics refers to the IT platform capable of supporting the providers’ clinical decision-making and is customized based on end-user requirements.

Point-of-care solutions include patient data derived from medical devices and remote patient monitoring (RPM). Electronic health record (EHR) and clinical surveillance suppliers are included in this space. It includes rules-based engines capable of transforming data into actionable intelligence.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.