Preview

HCS 449 Health care industry

Powerful Essays
Open Document
Open Document
1088 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
HCS 449 Health care industry
August 26, 2013
HCS 449
University of Phoenix

The health care industry is the most controversial and talked about industry in the world. In this paper one can see how significant that changes have been and possibly what is to come in the future. Also how the economic times have affected the health care industry and if there will be significant changes financially as well.

In the past 10 years there have been a many significant changes in the health care system, and the most change that many will say they have noticed would be the cost of health care. According to "Healthcare 5, 10, 20 Years in The Past and Future" (2012), “ten years ago, U.S. healthcare cost was $4700 per person and in 2000, 13.1 percent were uninsured”. Another big change is that of the quality of care patients receive as well as the technologies, and great improvements made to several procedures; such has back surgeries, cosmetic surgeries and even labor and delivery. All of these new procedures can show why the cost of the health care has gone up, however, the quality of care received in some facilities does not equate to the amount of monies coming out of the patients pockets. One can only hope that the biggest change in health care n the next 10 years will be the cost of medication. Although, there are probably going to be many changes in health care in the next 10 years such as; laws and regulations as those are always changing and developing, the quality of care bed side manner from both the doctors and the nursing staff, the number of employees will greatly change and more than likely triple the amount of health care staff in all different areas of the health care field. Another change that many may not think about is the design of health care facilities especially hospitals’. Hospitals’ are the major source of revenue in the health care industry and coming in second are physician offices, and the design aspects can

You May Also Find These Documents Helpful

  • Best Essays

    The national debate over health care reform in the US has been going on for decades. Although the debate continues, the landscape of health care in the US is certainly about to change as the Patient Protection and Affordable Care Act (H.R. 3590) was enacted on March 23, 2010. Many politicians, economists, health care providers and average citizens have weighed in on the topic with opinions as diverse as the country. The question is, will this reform be the cure for our ills or a bad pill to swallow? This paper serves as an examination of the economic and social impact of reform on the system of health care services and the delivery of same. In order to know where we are going, it is vital to know where we have been, therefore the background of national health care is reviewed and hypotheses about the impact it will have on the hospitals are made. In concluding the discussion of health care reforms’ impact on hospitals, it seems as though there will be both positive and negative implications and outcomes. It is the author’s contention that there will be a need to reestablish guidelines for service and delivery as well as cost containment of health care services. It is likely that the country will see a new model of health care.…

    • 3981 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Hca Financial Analysis

    • 1754 Words
    • 8 Pages

    The health care industry is rapidly changing due to the Health Reform Act. Healthcare reform is forecasted to increase the number of insured patients and increase industry…

    • 1754 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    This is a summary of the past work done throughout this course, the content in this paper is mainly derived from the work in the papers that follow. In the first assignment APHI Consultancy Orientation Form, it gave me a brief introduction into what the project for the course was going to be. I picked the Medical Liaison because I thought it would be interesting to explore the different ways healthcare was made efficient in the region I chose of California. That then led into my first paper for the class which was The Limits of Healthcare. In that paper, I looked at the trends of physicians in the state such as numbers, salaries and hospital distribution, and if increasing then in the way it was done in the past should be done. I concluded that that course of action should not be taken because it would strain the healthcare system further and give the hospitals an unfair monopoly.…

    • 1642 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    The biggest change that will occur in health care within the next 10 years I believe will be a cure to terminal diseases such as cancer and HIV. Along with that, I believe that health care costs will be lowered due to changes in the health care industry. Breaking news recently is that a cure for HIV has almost been discovered. Now there is a drug available that can be taken before having sexual intercourse with a partner that will prevent contracting the HIV infection. There has also been a breakthrough in curing cancer with injecting patients with the rotavirus. Health care costs may be lowered because the industry is looking for ways to improve quality care along with the costs to be beneficial…

    • 1135 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Over the course of our countries history, the delivery of our health care system has tried to meet the needs of our growing and changing population. However, we somehow seem to fall short in delivering our goals of providing quality, affordable and accessible healthcare to our citizens. The history of our delivery system will show we continuously changed the delivery of our system however never mange to control cost. If we can come up with efficient ways to cut cost, the delivery of quality care will follow.…

    • 1957 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Perhaps more regulations and legislations would be the topic of change for healthcare. It would seem that team based healthcare where in experts across the fields are teaming up with each other to handle different pressures, this is mainly because to reduce healthcare error that have caused more that 250,000USD in some cases, both inflicting cost for the healthcare institution, the insurance providers, and the indivuals as well. other changes would be in technological capital where in evidence based research would provide even more accurate ways to do standard procedures, to very sophisticated ways to handle special cases (Haberberg & Rieple, 2008).…

    • 365 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    As the health care system enters to the new century, there is a tidal wave effect within the system. With so many changes, such as the older generation are working and living longer the health care system has to change. Reorganizing (organization) the health care system over the past 10 years has changed completely the procedure of delivery and financing. Better future planning however has been a challenged for the health care system. There are several factors cost cutting, services continue to reduced, the growth of revenues and return on the investments. This can be called mismanage care that has decreased cost (M. Cipriano-Silva, 1998).…

    • 1140 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    After researching a few reasons why health care is rising, it all came down to the industry exploring new medical technologies. It occurred to me that this should be a good thing because better technology means more people can be treated with better care. However, an increase in medical technology will become more expensive. It can tend to cost more than older versions of treatment. Nevertheless, the total cost is still a function of the amount of people that are receiving treatment for a condition. The rise in a treated-case could reflect improvements in medical technology that will allow treatment to a particular condition. According to the article “Which Medical Conditions Account for the Rise in Health Care Spending?”, several studies…

    • 1172 Words
    • 5 Pages
    Good Essays
  • Good Essays

    healthcare

    • 1103 Words
    • 4 Pages

    The American health care industry is one of the nation's largest and most profitable industries. It is also one of the few American industries that is expected to grow in the next few decades. In fact, the healthcare industry in America is expected to generate 3.2 million new jobs through the year 2018, which is more than any other American industry. It is not only a large industry, but a very broad one with many potential investment opportunities and many potential risks…

    • 1103 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Emerging Disease Trends

    • 2850 Words
    • 82 Pages

    People use health care services for many reasons: to cure illnesses and health conditions, to mend breaks and tears, to prevent or delay future health care problems, to reduce pain and increase quality of life, and sometimes merely to obtain information about their health status and prognosis. Health care utilization can be appropriate or inappropriate, of high or low quality, expensive or Inexpensive. The study of trends in health care utilization provides important information on these phenomena and may spotlight areas that may warrant future in-depth studies because of potential disparities in access to, or quality of, care. Trends in utilization may also be used as the basis for projecting future health care needs, to forecast future health care expenditures, or as the basis for projecting increased personnel training or supply initiatives. The health care delivery system of today has undergone tremendous change, even over the relatively short period of the past decade. New and emerging technologies, including drugs, devices, procedures, tests, and imaging machinery, have changed patterns of care and sites where care is provided. The growth in ambulatory surgery has been influenced by improvements in anesthesia and analgesia and by the development of noninvasive or minimally invasive techniques. Procedures that formerly required a few weeks of convalescence now require only a few days. New drugs can cure or lengthen the course of disease, although often at increased cost or increased utilization of medical practitioners needed to prescribe and monitor the effects of the medications. Over the past decade, both public and private organizations have made great strides in identifying causes of disease and disability, discovering treatments and cures, and working with practitioners to educate the public about how to reduce the incidence and prevalence of major diseases and the functional limitations and discomfort they may cause. Clinical practice guidelines have…

    • 2850 Words
    • 82 Pages
    Powerful Essays
  • Good Essays

    Healthcare Industry Paper

    • 1239 Words
    • 5 Pages

    In this paper I will be speaking on the Health Care Industry and how it has changed over the years. There are many aspects of the medical industry that have changed from how medical information is kept to how medication is given. In this paper I will be explaining how health care has changed over the last 10 years and what the biggest change is in the next 10 years. I will also speak about what my role will be in the health industry, especially when it comes to adapting my skills into the health care industry. Along with the information mentioned above I will be expressing my perception of how the health care has changed over the course of my program. Lastly, I will speak on the role of technology in healthcare organizations in the decades to come along with the financial and economic issues that will affect the health care industry within the next 10 years.…

    • 1239 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Patients demand these newer innovative services. And knowing that insurance will cover the cost, many physicians will not hesitate in delivering these services. Ultimately insurance premiums continue to rise and the rate of uninsured citizens as well. Also the hiring and training of personnel to operate these new systems contribute to the cost. In addition, facilities may require refurbishing to accommodate the new equipment. All factors that contribute to the cost of newer…

    • 457 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    outcome measure

    • 868 Words
    • 4 Pages

    Health care has seen many changes over the time. When it is looked back to know the history of evolution of health care, and it comes to know that objectives of health care changed with requirement of society and availability of resources and technology. The…

    • 868 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    The focus of the report is getting an over view of the health services market, its policy framework, the business models of the hospital and technological developments in the healthcare sector. The report also compares the Indian healthcare industry with the U.S.A healthcare industry which is much more developed healthcare industry; this will help us recognize the gaps in the Indian healthcare industry.…

    • 11622 Words
    • 47 Pages
    Powerful Essays
  • Good Essays

    The Health Industry’s horizon has changed a lot presently, and the reason for that is simple. The creeping of Information Technology slowly in the Health Industry is changing it dramatically. Now you can find information about different services offered by a Hospital, make enquiry about the availability of Hospital Bed, Book an ambulance and a hospital bed in advance and find the doctor’s…

    • 469 Words
    • 2 Pages
    Good Essays