Preview

Healthcare Industry Vs Long Term Care

Satisfactory Essays
Open Document
Open Document
309 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Healthcare Industry Vs Long Term Care
Michelle,
I agree with you that the healthcare industry, particularly the Long Term Care sector is in the shakeout phase of the industry life cycle and may even be headed into the decline phase. However, I feel like the managed care sector of the healthcare industry is in the growth stage. Parnell (2014), describes the shakeout phase as a time when industry growth is no longer rapid enough to support the number of competitors. For example, take nursing facilities; the new push is for people to be able to live in the community and age in place if that is what they desire and it can be accomplished safely and cost effectively. Managed Care Organizations (MCOs) are making that happen in Tennessee. Nursing homes are feeling the crunch of lower
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Hca Financial Analysis
    • 1754 Words
    • 8 Pages

    Hca Financial Analysis

    The health care industry is impacted by the overall economy. During economic downturns governmental entities experience budget deficits, resulting in decreased spending for health and human service programs that represent sources of revenue for hospitals. While other hospitals have suffered by the growing number of uninsured patients, The Health Corporation of America has thrived.…

    • 1754 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    HSA 505 Assignment 1
    • 1447 Words
    • 5 Pages

    HSA 505 Assignment 1

    Over the past four decades, spending on healthcare in the United States grew more rapidly than the economy (Baker, Birnbaum, Geppert, Mishol, Moyneur, 2008, p. 541). Healthcare has nearly tripled its share of national income during this time (p. 543). All aspects of the nation's health system have been affected by this ongoing spending growth. Strategically marketing the development of products and services during this intense competition and uncertainty is vital for any healthcare organization to stay profitable and to ensure continued growth.…

    • 1447 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Better Essays

    Using Lean Six Sigma to Reduce 30 Day Admissions
    • 4744 Words
    • 19 Pages

    Using Lean Six Sigma to Reduce 30 Day Admissions

    As changes imposed by health care reform begin to roll out in hospitals across the United States, facilities reorganize and strategize to develop models which will mirror the reform that is long overdue in healthcare.…

    • 4744 Words
    • 19 Pages
    Better Essays
    Read More
  • Better Essays

    Hsc/490 Week 3 Emerging Healthcare Technology
    • 1350 Words
    • 6 Pages

    Hsc/490 Week 3 Emerging Healthcare Technology

    The population demographics are estimated to be about 10 million people that need some form of long-term care, which more than half are over the age of 65. It is likely by 2050 that number of people needing care will jump to 27 million. This is due to the growth in population and people living longer and the prevalence of cognitive impairment rising. With this rise of long-term care being needed by individuals will also be the increase of facilities opening up to care for these individuals creating more jobs in the medical field.…

    • 1350 Words
    • 6 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    impact of nursing of the 2010 IOM on the future of nusing
    • 354 Words
    • 2 Pages

    impact of nursing of the 2010 IOM on the future of nusing

    The United States has the opportunity to transform its health care system, and nurses can and should play a fundamental role in this transformation. However, the power to improve the current regulatory, business, and organizational conditions does not rest solely with nurses; government, businesses, health care organizations, professional associations, and the insurance industry all must play a role. Working…

    • 354 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Eugene Bloom Interview
    • 912 Words
    • 4 Pages

    Eugene Bloom Interview

    Bloom and I discussed was how the healthcare industry has changed in the past ten years. Dr. Bloom explained that over the course of the past ten years physicians have been more willing to consolidate and give up their practices to work in small or larger groups. By consolidating, physicians can gain a better contract for reimbursement and economic power. Another benefit to the physician is that they would be able to maintain a better lifestyle. For example, if a physician were to have multiple partners in their practice, there is more opportunity for coverage if they want to take a vacation with their family. Along with working in larger practices, physicians have also become more inclined to become hospital employees because it gives them a greater amount of security. According to Sultz and Young (2014), the American Hospital Association reported in 2012 that the number of physicians employed by hospitals has grown by 32% since 2000. In my interview with Dr. Bloom, he also explained to me that hospitals offer better benefits to physicians. Hospital employment has become more desirable due to factors such as flat reimbursement rates, complex insurance and health information technology requirements, high malpractice premiums, and a desire for greater work-life balance (Sultz & Young,…

    • 912 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Evolution of Managed Care
    • 1125 Words
    • 5 Pages

    Evolution of Managed Care

    The evolution of managed care can be traced back to the early 19th century. Over the years there have been many changes to the managed care system to meet the needs and demands of the health services needed. With all the new changes that have taken affect the manage care system has rapidly grown. Through out this paper I will explain where, what and how managed care has changed to meet the needs of individuals.…

    • 1125 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    English 111 Career Essay
    • 1199 Words
    • 3 Pages

    English 111 Career Essay

    The health care industry is booming; in fact, it is number seven out of 20 leading occupations, according to the BLS (Bureau of Labor Statistics).…

    • 1199 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    The Long-Term Care Arguments
    • 242 Words
    • 1 Page

    The Long-Term Care Arguments

    The long-term care argument is relevant when discussing the plight of the aging in the population. As noted in the text, the aging population comprises an important part of the current population, which are the baby boomers. The present reality that these individuals could be above the age of 65 years means that they will have recurrent concerns related to their health status. The number of this aging population is even more in the rural setting where there is often minimal focus on health care insurance (Kirn, 2005). For this reason, long-term care policies for the elderly in the society present an important platform to develop a health care system that can adequately deal with the challenges of dealing with the health needs of an aging population.…

    • 242 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Powerful Essays

    Hcs 235 Health Care Reform Research Paper
    • 1405 Words
    • 6 Pages

    Hcs 235 Health Care Reform Research Paper

    In this paper I will also discuss the emerging roles in the health care industry.…

    • 1405 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Examples Of Diversity In Healthcare
    • 781 Words
    • 4 Pages

    Examples Of Diversity In Healthcare

    The high cost of new technology and the cost of drugs have made private organizations to the point that poeple can hardly afford health insurance. At the end of they day, this has become a major problem for non-profit organizations that do not have the resources to help this people, leading it to a deficit for the government where somehow these bills have to paid. In addition to these issues, the health cared industry comes freighted with a mass of ethical and moral fundamentals that other countries do not have because capitalism does not believe in free health care. On the other hand, there are been tremendous changes in population demographics that have brought negative consequences for the health care industry because as popultion grows, the demand for drugs and medical services also changes. For example, the decline in the birthrate and improvement in health care have contributed to an increase in the average age of the population in the United…

    • 781 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Aging In The Healthcare System
    • 444 Words
    • 2 Pages

    Aging In The Healthcare System

    The most important population trend is aging. This is a disaster in the healthcare system. More and more people are getting older and are need of healthcare. Aging is not only important but it has a major impact on the organization and delivery in healthcare. One particular importance that will affect the financing and delivery is the shift from acute to chronic illnesses. Rather than acute illnesses, the focus will be on diseases such as Alzheimer’s disease, heart disease, and osteoporosis (William & Torren, 2008). First, there will have to be a plan to change the style of treatment to an ongoing process. Second, there will have to be a financial plan set in place for disabilities, like long-term facilities such as nursing homes, home health,…

    • 444 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Health Care Policy
    • 10787 Words
    • 44 Pages

    Health Care Policy

    The number of uninsured Americans is greater than the total population of Canada (Lambrew, Podesta, & Shaw, 2005). Conservative 2004 estimates indicate that there were 41.6 million uninsured persons of all ages (14.5%) and 51.0 million (17.7%) were uninsured for at least part of the year (Cohen, Martinez, & Hao, 2005). By 2013, projections suggest that one in four Americans under the age of 65, nearly 56 million people, will be without health care insurance because coverage will be too expensive (CQ Health beat News, 2005). The United States spends more money on health care than other industrialized nations but is the only one that doesn’t ensure health care coverage for all citizens. Every year, approximately 18,000 unnecessary deaths occur because of health insurance lacking in the United States, (Institute of Medicine [IOM], 2002). Proponents of universal health care coverage say this problem is fixable but only if a significant overhaul of our current insurance system occurs. The Affordable Care Act of 2010 is not a universal coverage plan but is designed to decrease the number of uninsured.…

    • 10787 Words
    • 44 Pages
    Good Essays
    Read More
  • Powerful Essays

    Health Care Industry Paper
    • 1540 Words
    • 5 Pages

    Health Care Industry Paper

    In today’s society, healthcare and the issues surrounding the topic has went through some major changes within the last decade. Some of these changes in my opinion were decent and very important when it comes to providing exceptional quality care in this health care industry. Although some of the changes were not so reasonable in the eyes of most, these changes were in the best interest for the economy and for the improvement of the healthcare industry as a whole. In this paper the author will attempt to explain how the healthcare industry has changed over the last 10 years, the biggest change in healthcare in the next 10 years, and the role the author plan to have in the health care industry in the near future.…

    • 1540 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    Health Care Industry
    • 614 Words
    • 3 Pages

    Health Care Industry

    In this extended examination of the HIPPA law I will explain reliable resources that are available to learn about the implications of this law. I will also explain the rationale of the law and how it affects day to day operation with human service organizations. I will try my best to configure an argument for this law as well as point out the potential ramifications to clients and the organization if the law is not followed. I will be using logical inquiry and problem solving to arrive at a recommendation for this law.…

    • 614 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics