PRESS RELEASE: LIVE!
Date: November 20, 2024
The Healthcare Technology Report is pleased to announce its annual awards for The Top 100 Healthcare Technology Companies. This year’s awardees were selected based on a methodical review of nomination submissions as well as further in-depth research into each candidate’s products and solutions, corporate track record, management team caliber, and organizational depth, among other factors.
These companies are leading a charge that sees the industry headed toward a $1 trillion market size by the end of the decade. From software to medical devices to biotechnology to wearables and beyond, these companies showcase the best of what modern ingenuity has to offer for every living citizen around the globe. Among the various innovative technologies represented, it is worth highlighting that this year saw Artificial Intelligence make its way into many different areas of the healthcare sector.
Codonics, Inc. is a globally recognized leader in healthcare technology, committed to advancing patient safety and clinical efficiency. With a strong foundation in innovation, Codonics designs and manufactures cutting-edge medical devices, including its award-winning Safe Label System® (SLS), which has revolutionized the way hospitals approach medication preparation and administration by integrating barcode scanning, visual and audible safety checks, and on-demand full-color medication label output. This technology creates a standardization for the perioperative area and ensures compliance with The Joint Commission (TJC) requirements, American Society of Anesthesiologists (ASA) guidelines, recommendations from the Institute for Safe Medication Practices (ISMP), and dramatically reduces medication errors anywhere medications are prepared.
Codonics solutions are used in over 15,500 operating rooms and trusted in more than 1,000 hospitals worldwide, from small clinics to world-renowned healthcare facilities. The system seamlessly integrates with electronic health record (EHR) systems, including Epic and Cerner, improving documentation accuracy, patient safety and the anesthesia workflow. At the same time, SLS improves charge capture to deliver an ROI to the hospital.
The technology: The SLS 600i is next-generation innovation with advanced capabilities and an upgrade path for RFID integration “future-proofing” hospitals as demand grows for RFID-tagged products in healthcare. This advancement paves the way for enhanced track-and-trace functionality, giving hospitals a powerful tool to better manage medication safety and inventory control.
The mission: With a robust portfolio of patented technologies in areas such as image documentation, medication safety, and perioperative management, Codonics has set new best practice standards in healthcare. Driven by a commitment to innovation, patient safety, and regulatory compliance, Codonics continues to shape the future of healthcare technology, helping clinicians deliver safer, more efficient care.
