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NAICS Code 622110-02 Description (8-Digit)

Hospitals are medical facilities that provide a wide range of healthcare services to patients who require medical attention. These facilities are equipped with advanced medical technology and staffed by trained medical professionals who work together to provide high-quality care to patients. Hospitals are typically divided into different departments, such as emergency, surgery, pediatrics, and intensive care, to ensure that patients receive specialized care based on their medical needs. The hospital industry is highly regulated and must adhere to strict standards to ensure patient safety and quality of care.

Hierarchy Navigation for NAICS Code 622110-02

Tools

Tools commonly used in the Hospitals industry for day-to-day tasks and operations.

  • Electronic Health Records (EHR)
  • Picture Archiving and Communication System (PACS)
  • Hospital Information System (HIS)
  • Computerized Physician Order Entry (CPOE)
  • Patient Monitoring Systems
  • Medical Imaging Equipment
  • Laboratory Information System (LIS)
  • Telemedicine Technology
  • Surgical Instruments
  • Anesthesia Machines
  • Ventilators
  • Defibrillators
  • Ultrasound Machines
  • X-ray Machines
  • CT Scanners
  • MRI Machines
  • Blood Glucose Monitors
  • Infusion Pumps
  • Wheelchairs

Industry Examples of Hospitals

Common products and services typical of NAICS Code 622110-02, illustrating the main business activities and contributions to the market.

  • General Surgery
  • Obstetrics and Gynecology
  • Cardiology
  • Oncology
  • Neurology
  • Orthopedics
  • Pediatrics
  • Psychiatry
  • Dermatology
  • Ophthalmology
  • Radiology
  • Rehabilitation
  • Infectious Diseases
  • Pulmonology
  • Gastroenterology
  • Endocrinology
  • Hematology
  • Nephrology
  • Urology

Certifications, Compliance and Licenses for NAICS Code 622110-02 - Hospitals

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Joint Commission Accreditation: The Joint Commission is an independent, non-profit organization that accredits and certifies healthcare organizations and programs in the United States. Hospitals can receive accreditation from the Joint Commission by meeting certain standards related to patient safety, quality of care, and other factors. Accreditation from the Joint Commission is often seen as a mark of quality in the healthcare industry.
  • Centers for Medicare & Medicaid Services (CMS) Certification: Hospitals that participate in Medicare and Medicaid programs must meet certain requirements related to patient safety, quality of care, and other factors. CMS certification is required for hospitals to receive reimbursement from these programs.
  • American Nurses Credentialing Center (ANCC) Magnet Recognition: The ANCC Magnet Recognition Program recognizes healthcare organizations that provide nursing excellence. Hospitals can receive Magnet Recognition by meeting certain standards related to nursing practice, patient care, and other factors. Magnet Recognition is often seen as a mark of quality in nursing and healthcare.
  • Occupational Safety and Health Administration (OSHA) Compliance: Hospitals must comply with OSHA regulations related to workplace safety, including standards related to bloodborne pathogens, hazardous materials, and other hazards. Compliance with OSHA regulations is important for protecting the safety of hospital employees and patients.
  • Health Insurance Portability and Accountability Act (HIPAA) Compliance: Hospitals must comply with HIPAA regulations related to patient privacy and security of health information. Compliance with HIPAA regulations is important for protecting the privacy and security of patient information.

History

A concise historical narrative of NAICS Code 622110-02 covering global milestones and recent developments within the United States.

  • The history of hospitals dates back to ancient times, with the first known hospital being the Mihintale Hospital in Sri Lanka, established in the 4th century BCE. In the Middle Ages, hospitals were often run by religious orders and were primarily used to care for the sick and poor. The modern hospital as we know it today began to emerge in the 18th century, with the establishment of the Pennsylvania Hospital in Philadelphia in 1751, which was the first hospital in the United States. In the 19th century, hospitals began to specialize in different areas of medicine, such as surgery and obstetrics. The 20th century saw significant advancements in medical technology, including the development of antibiotics, X-rays, and MRI machines. In recent years, hospitals have faced challenges such as rising healthcare costs and a shortage of healthcare workers, but have also made strides in areas such as telemedicine and personalized medicine.

Future Outlook for Hospitals

The anticipated future trajectory of the NAICS 622110-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Hospitals industry in the USA is positive due to the increasing demand for healthcare services. The aging population and the prevalence of chronic diseases are expected to drive demand for hospital services. Additionally, the COVID-19 pandemic has highlighted the importance of hospitals and their role in providing critical care. However, the industry is also facing challenges such as rising healthcare costs, staffing shortages, and regulatory changes. To remain competitive, hospitals are expected to adopt new technologies and innovative practices to improve patient outcomes and reduce costs.

Industry Innovations for NAICS Code 622110-02

Recent groundbreaking advancements and milestones in the Hospitals industry, reflecting notable innovations that have reshaped its landscape.

  • Telemedicine: Hospitals are increasingly using telemedicine to provide remote consultations and monitor patients remotely. This technology has become more important during the COVID-19 pandemic as it allows hospitals to provide care while minimizing the risk of infection.
  • Electronic Health Records (Ehrs): EHRs have become an essential tool for hospitals to manage patient data and improve care coordination. They allow healthcare providers to access patient information quickly and easily, reducing the risk of errors and improving patient outcomes.
  • Precision Medicine: Hospitals are increasingly using precision medicine to tailor treatments to individual patients based on their genetic makeup and other factors. This approach has the potential to improve patient outcomes and reduce healthcare costs by avoiding unnecessary treatments.
  • Robotic Surgery: Hospitals are using robotic surgery to perform minimally invasive procedures with greater precision and accuracy. This technology has the potential to reduce recovery times and improve patient outcomes.
  • Artificial Intelligence (AI): Hospitals are using AI to analyze patient data and identify patterns that can help improve diagnosis and treatment. This technology has the potential to improve patient outcomes and reduce healthcare costs by identifying the most effective treatments for individual patients.

NAICS Code 622110-02 - Hospitals

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