¶ … Flows in Health Care
Since the government had started the practice of handing over major departments to private sector like health care and education, these areas are now more focused on employing techniques that can draw major profit flow. On examining the three crucial aspects of profit earning such as the number of patients, quality of staff and management, we come to a conclusion that all three areas go side by side and need to be checked upon regularly (Michael, 2006 ).
The numbers of patients are important, to a hospital; patients are the customers who are taking advantage of the health care services provided by that respective hospital. Another item that is associated to the number of patients is the type of patients coming in which is directly associated with the services that a hospital is providing at that particular time. In order to earn more profit in this field, it is important that hospital management keeps a steady check on the current trends of diseases or surgeries (Donna, 2003).
In crammed full hospital markets, particularly in areas inhabited by well-insured patients, such services participates an increasing role in the rivalry for market share. This expansion has raised chief questions about the classification of hospital quality and its advantages and costs to patients and society. Previously hospitals were considered to attract patients by create a center of attention through specialized physicians. Now, yet an additional style of competition has risen to be promising, in which hospitals struggle for patients straightforwardly, on the basis of amenities. National spending on hospitals has gone $700 billion in 2008 and is rising rapidly. These high and increasing costs have sparked apprehension all over the world (Harry, 2010 ).
Patients Who Are Willing To Travel across Borders to Obtain Health Care
It is seen quite frequently that with more exposure to media and the craze to look slim and glossy with perfect body figure and features have created a tide of people anxiously looking to surgically remove the access fat from their bodies, to go for breast implants, puffy lips or pointed nose. On the other hand, today's life style has given birth to a number of diseases never imagined before, which are rising constantly on an alarming scale. Hospitals are required to keep on updating their medical and surgical departments, regularly training their staff that how to cope with the new challenges and most importantly maintaining quality in all the sub-divisions in the hospital to ensure more earnings.
Developed countries like U.S., Europe and Australia, are way ahead in medical technology and medication as compared to the developing countries of the entire globe. This gives an added advantage to the hospitals and medical industry of developed countries to draw the attention of patients from all over the world. Diseases like cancer, certain types of brain ulcers, tumors and most complicated surgeries related to heart and brain are frequently and most successfully performed in America. Heart, liver or kidney transplant procedures are carried out more accurately in modernized countries as compared to the others who are still struggling to get proficient in intricate medical practices. People from all corners of the world are bound to get access to the hospitals which are outfitted with the most recent technology in the world. Such practice of traveling across borders in order to get medical care is termed as 'medical tourism' (Harry, 2010 ).
Many patients are willing to travel enormous distances to acquire medical care. Whether the place is a foreign choice halfway around the world or health care amenities several hours away in an adjacent state, U.S. citizens are progressively embracing the benefits of medical tourism. Rapid development of facilities for patients overseas has helped to encourage this industry growth.
As inbound medical tourism increases, the greater part of growth will be at the chief academic medical centers which have created partnerships with international programs. These medical centers will seem to increase their competence to provide accommodation the growth in foreign medical tourists searching to get hold of quality health care devoid of having to wait extensive periods of time.
The extension of medical tourism creates numerous opportunities for health insurers. The inexpensive substitute of receiving care abroad allows insurers to make plans that offer incentives for patients willing to travel for a diversity of procedures. As the...
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