Chicago Illinois (PRWEB) January 29, 2014
Many of the Obamacare reforms officially kicked in on January 1, 2014, which means changes for the healthcare industry.
For companies trying to capitalize on the increased spending by hospitals looking to upgrade their foodservice facilities and services, CHD Expert provides an overview of the current foodservice healthcare market landscape, highlighting opportunities for businesses that cater to the healthcare industry.
A growing number of hospitals across the United States have begun to invest more in their foodservice operations in order to create a friendly, hotel-like experience, complete with room service, cafeterias, gardens, and local produce. Foodservice helps the overall feel of a hospital, and with Obamacare in action, more health care facilities will look to improve their overall experience as it could assist in receiving funds.
According to CHD Expert’s data, there are over 54,000 healthcare facilities in the United States. This includes hospitals, rehabilitation centers, nursing homes, assisted or senior living centers, and other healthcare establishments. In addition to examining market size, CHD Expert’s data provides details around facility locations, and determines that healthcare facilities fall primarily within major cities and larger metropolitan areas.
CHD Experts data breaks down public and privately owned facilities and indicates that public institutions dominate the current healthcare industry. Approximately 86 percent of healthcare facilities are publicly operated. Comparatively, about 13 percent of the market is categorized as private institutions.
Of over 3,700 US hospitals, only 38 percent have self-operated foodservice operations. The majority of hospitals are managed by Foodservice Management Companies, the “big three” consisting of Sodexo, Aramark and Compass. Sodexo holds a majority of the market share with 27 percent of the Hospital market and 44 percent of the total managed hospitals.
Over 75 percent of hospitals also participate with a GPO (Group Purchasing Organization) to receive product discounts on food purchases. The GPOs with the highest market share of hospital participation are Premier, VHA and HPG. Of all of these participating hospitals, 46 percent have 100-500 beds. On the opposite side, over 30 percent have only 1-50 beds representing the smaller hospital market.
CHD Expert also reports that approximately 44.1 percent of all healthcare providers have between 100 to 500 beds. In terms of hospital size based on the number of beds, New York, California, and Pennsylvania all have at least one healthcare facility with more than 1,000 beds. The data also reveals that 40.3 percent of the healthcare facilities serve between 51 to 100 meals on a daily basis. On a larger scale, the total number of patients going through all US hospitals on an average day totals over 643,000.
Other filters CHD Expert have available to dissect the data include: Number of Meals Served Per Day and Number of Employees. There are also contacts available for each Hospital to include titles of, Purchasing, Foodservice Director and Chefs where available.
“Obamacare is influencing how a lot of businesses are structured, and this is certainly the case in the healthcare industry,” stated Catherine Kearns, General Manager for CHD Expert North America. “The US has some of the world’s most modern hospitals but since many Americans struggle with obesity, hospitals are reevaluating how they feed hundreds of thousands of people on a daily basis. This is highly coveted information for foodservice providers who cater their products or services to hospitals and other healthcare facilities. By understanding the numbers behind hospitals and healthcare facilities, providers can better focus their sales efforts and position themselves to acquire purchase orders from these healthcare facilities. Changes in healthcare are happening, and if your organization does business with healthcare facilities, this information could be critical to helping you land new accounts.”
To obtain more information about CHD Expert’s findings, or with general questions about education foodservice data, please contact Catherine Kearns - cathy(at)chd-expert(dot)com
About CHD North America
CHD Expert is the global leader in collecting, managing and analyzing data for the Away-from-Home Global Foodservice Market. For more than 10 years CHD Expert has been dedicated to supporting Foodservice channel members in providing a global vision and an in-depth understanding of the industry (in Europe, North America, and Asia Pacific).
Our objective is to support food service providers in their sales and marketing strategies by providing the most comprehensive and accurate foodservice census, housing operator intelligence for more than 5 million operators worldwide. For additional information, please visit http://www.chd-expert.com or call 1-888-CHD-0154.