Current Healthcare Industry Trends
The future of US healthcare is one of the most constant question the country faces. The healthcare industry is a formation and culmination of clinicians and non-clinicians both, that provide diagnostic, preventive, remedial, and therapeutic services. As there is an increase in longevity amongst Americans, there is also an insistence for not only additional, but also improved preventive and long-term care. There are current trends in the healthcare sector that are emerging to meet the demands previously mentioned, such as: continuous opportunities for employment, patients are becoming more conscious, and personalized medicine.
Continuous Opportunities for Employment
There is a trend in the health care
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Consumers are more aware than ever before that change in their own behavior and lifestyle will have a major influence on their own health status. Public health and service announcements, community health education programs, and even television programs media print materials (e.g., newspapers and magazines) have improved consumer awareness.” (Patricia M Nugent, 2015).
They are being instructed to be more effective in determining options for treatment. For most it proves to be a challenge, as some become terrified and others inundated. Making judgement on the best treatment options for one’s own health, can be burdensome, especially since medicine can become complicated. Others would rather allow providers to determine the best course of action, however more providers are resisting changing antiquated techniques. With the advancement of technology, patients are now becoming enlightened on how to maintain their own health. According to The Wall Street Journal, “[Researchers] are designing decision aids, for instance, that walk patients through different options, translating complicated medical jargon and statistics about risk into simple language and visual aids. They’re offering patients full access to their own medical records, including their doctor’s notes about them (Landro, 2017).” Since telemarketing is now a viable option, providers and other representatives can help guide patients in making the
There are many challenges that are defining the future strategic direction of health care such as information technology advancements, access to health care, maintaining a skilled workforce, proposed health care reform and legislation, and rising costs. I will look at these challenges and how an organization may adapt its direction and strategies in accordance with these challenges.
Every individual in the world deserves to enjoy health and wellness. Maintaining or achieving proper health needs enables individuals to be productive at work and leisure. Traditionally, many people have had barriers obtaining adequate healthcare due to economic constraints or personal inconveniences. Despite impressive technological advances in medicine, the challenge of delivering quality healthcare to the Americans continues to be debated amongst the nation’s political and healthcare leaders. The aging baby-boomers and the increased number of uninsured people add to the equation of population growth which results in limited access to primary healthcare for the entire public. On the
The United States healthcare system has undergone a wide variety of changes over the past few years. As the overall health of its citizens continues to deteriorate and people live longer, certain aspects of healthcare are costing an increasingly large portion of the healthcare budget. Problems such as obesity, diabetes, cancer, and substance abuse have become the most pressing issues facing healthcare providers today.
The health care industry is an important aspect in the development of any nation in the world. The provision of quality health care is a universal need that every government endeavors to make available to its citizens. Just like any other industry, the health care system faces major challenges that inhibit the effective provision of health care services. The U.S. health care system invests immensely in ensuring that the citizens of America receive health care services. Despite the innovative nature of the health care system in the U.S., it is evident that there are challenges that are hindering the effective
For this paper I have chosen to write about the future trends in the United States healthcare system regarding Financial and Insurance issues, and access to health care including the uninsured and those in the poverty levels. Health care financing is affected by many things and affects the society in many ways. The costs of health care can be kept affordable for both individuals and society. It is not really the costs of health insurance that
There are new challenges every year in the health care field. Research on the future of U.S Healthcare System is of paramount importance to the entire Health care industry as well as the citizens of the U.S. To begin with, the research will discuss how challenges for future healthcare services can be enhanced by reducing the costs of medication. By creating a better quality of health care, Information technology advancements, including future funding, lower rising costs, the Medicare and Medicaid programs. The research will also discuss the challenges of market shares for different ages of populating and maintaining a skilled work place. It will further discuss the tentative solutions to these challenges. The role that the government
The American health care system is considered as the most competitive, inefficient, heterogeneous, and advanced care system across the globe. This is despite of the increased government expenditures on this sector and numerous initiatives to reform health care to enhance its efficiency while improving patient outcomes. Numerous concerns regarding the efficiency of the health sector in the United States has been fueled by the dissatisfaction among Americans regarding the healthcare system. This is particularly because of the fact that the United States government spends more money on annual basis as compared to other developed nations. As a result, the future of the U.S. health care system is evaluated based on barriers, challenges, expectations, and cost-effectiveness of the health industry.
The future and direction of health care has been the topic of discussion amongst politician and U.S citizens today. There are several challenges surrounding the future and strategic direction in which health care should be heading. Accreditation, quality of health care and organization’s compliance; access to health care, maintaining a skilled workforce, information technology and pay for performance are some of the challenges that currently presenting itself in healthcare today. If health care is not dealt with appropriately it will have a significant effect an impact on the strategic direction in the future and direction of care.
Change can be devastating and not always everyone agree with it. The biggest transformation in healthcare is the implementation of the Affordable Care Act. With the new health care system the government mandated U.S. citizens and legal residents to have health insurance that resulted in the rise of insured individuals. Due to the new policy more people have access to health care that means more primary physician needed to accommodate the rise of new patients. Shortages of physicians not only in the primary care area but also in specialty care area are projected between 46,000-90,000 by 2025 ("The Physician Shortage," n.d.). The pay-for-performance focuses on quality that will eventually decrease the costs (James, 2012, p. 1). This system will give a reward or a bonus to the health care providers whenever they meet or exceed quality standard that are being set (James, 2012, p. 1). In contrary the system can also penalized those providers that are unsuccessful in providing the indicated goals or cost savings (James, 2012, p. 1-2). There are 2,225 hospitals in 2013 that were fined under the Hospital Readmissions Reduction Program (HRRP) which is part of the ACA regulation (Anderson, 2014, p. 11). For the institutions to survive with the new system a lot of hospitals are merging that a year after the ACA implementation there were already
The healthcare industry has a key challenge which involves the shortage of doctors, nurses, and midwives. As a result, this calls for demand maximization for more new graduate nurses along with the requirement for employers to retain their hospital 's workforce. Although, personal adjustment towards the role transition is very critical and complex, and it requires personal development and interactions with organizational and socialization processes along with role requirements. However, there are a great proportion of new graduate nurses who change or leave their working positions few months after being employed due to the challenges they face during the transition. Therefore, this essay will focus on the potential systematic, personal,
In a study where doctors and patients were administered surveys asking what decisions they would make in regards to medical treatment following a diagnosis, the doctor’s answered what they would recommend to their patients and then what they thought their patients would choose themselves. In general, the doctors selected a more conservative medical treatment for their choice for patients and a riskier medical treatment for what they believed patients should choose for themselves. 93% of them reported they did so due to fear of legal consequences (Planck, 2014).
The future economic needs of health care lies in its technology. Society is aging as a whole. We are living longer, healthier, more productive lives. Living long into our eighties, that is more the thirty years longer then previous generations. This is due to the advances in pharmaceuticals. Newer medications are helping Baby Boomers maintain and controls diseases like Alzheimer’s and diabetes. This represents a threat of patients being able to afford health care. The United States is notorious for overspending money on health care costs are draining the economy. The future of health care system needs to discover a way to lower costs and make good health care affordable.
The healthcare system plays a key role in the economic stability of our country, as every year trillions are spent in attempt to combat disease and health issues that plaque humanity. As it makes up a significant amount of the expenditures in the economy, so the costs associated with health care of those in pain from illness and injury, including lost productivity, increased need of assistance in living and also the cost of death in some cases, is important to the economic stability and over all standard of living in our country. The key to economic prosperity is balancing the need for care with the costs of illness to keep as many people healthy and well without breaking the bank of collective society. The costs of healthcare have been increasingly problematic in recent years with so many issues surrounding the current system. With the “total health care spending in the United States expected to reach $4.8 trillion in 2021, up from $2.6 trillion in 2010 and $75 billion in 1970, meaning that health care spending will account for nearly 20 percent of gross domestic product (GDP), or one-fifth of the U.S. economy, by 2021” (Aetna). With this in mind it is apparent that as we look at the trillion-dollar industry of the medical community it seems that it needs to be a major focus of our nation as a whole and with the many issues come many creative solutions. First let us analyze the reasons behind the current cost and the major problems facing this industry and than discus what
The healthcare sector is an overpopulated industry which increases the competition among providers. There are numerous areas of concern such as patient safety and satisfaction along with an optimal work environment for staff. Organizations who retain employees who display bad behavior is implying that their aim is not on quality care and safe workplace. It’s vital to have policies in place with the consequences to guarantee that the staff is working towards the objective of the company’s goals. Leaders and managers must stay abreast of employee conducts and provide corrective measures when appropriate. BNH has to begin the recruitment process now to replace the staff that was in violation of the company’s rules. The nursing home aims to provide
Healthcare is a continuous emerging industry across the world. With our ever changing life styles and the increased levels of pollution across the world more and more people are suffering from various health issues. Nursing is an extremely diverse profession and among the highest educated with several levels ranging from a licensed practical nurse (LPN) to a registered nurse (RN) on up to a Doctorate in Nursing. Diane Viens (2003) perfectly states that ‘The NP is a critical member of the workforce to assume the leadership roles within practice, education, research, health systems, and health policy’.