¶ … Healthcare Industry
Changes in healthcare in the last ten years
In the last two decades, the average cost of healthcare per person was $2,800. This almost doubled in a span of ten years to reach a staggering $4,700. The cost tripled to reach $7,500 per person in 2008. This has happened as the number of Americans without insurance keeps increasing. The number of uninsured Americans has risen from 13.1% in 2001 to 16.3% in 2008 (Chideya, 2012). This implies that approximately 50 million people are uninsured today the reason being the job losses that were witnessed during the world economic meltdown and employer's decision to cut back on coverage (Chideya, 2012). A number of innovations in the healthcare sector were also registered within the last ten years especially the use of iPhone in clinical trials. These phones could be turned into EKG monitors that automatically transmitted data to a cardiologist (Chideya, 2012). This innovation is yet to be approved by the Food and Drug Administration (FDA). Upon approval heart patients will be in a position to check their symptoms whenever they are (Chideya, 2012). The device is very cost effective as it is expected to cost $100. Besides, it is remarkably simple.
Biggest change in healthcare within the next ten years
The enactment of Affordable Care Act will most likely impact the healthcare sector big time. Its provisions will most likely come online. Some of its provisions will protect against gender bias in insurance; deter insurers from turning away people with pre-existing conditions; and track health disparities due to race (Chideya, 2012).
Advancement in technological innovation...
Healthcare has gained exceeded attention in the past few years since all over the world, diseases and their intensity have been witnessed with an increase in population. Hygiene and sanitation have been associated with an increase in illness, thus contributing to the amplified need for better healthcare quality services worldwide. This paper aims to analyze changes in healthcare with the passage of time and its future. Healthcare Healthcare has become one of
Coffee Regional Medical Center, Inc. CRMC") is a non-profit, 88-bed hospital located in Douglas, Georgia. Since 1953, CRMC has served the healthcare needs of the community as the sole hospital-provider in Douglas, Georgia and surrounding Coffee County. CRMC's mission is to provide the highest-quality healthcare, in a safe and caring environment, for both patients and families (Coffee Regional Medical Center, N.d.). CRMC is an acute care hospital for adults and children
Health Information System Promoting Action Design Research to create value in healthcare through IT Recently there has been varying proof showing that health IT reduces costs while improving the standard of care offered. The same factors that had caused delays in reaping benefits from IT investment made in other sectors (i.e. time consuming procedural change) are also very common within the healthcare sector. Due to the current transitive nature of the Healthcare
Health Law and Regulations In America, the health care industry is highly regulated. This is because there are certain aspects of the law which are designed to improve quality and offer everyone with a variety of treatment options. To fully understand this relationship requires carefully examining a specific government agency, the laws impacting the industry, the effects on a health care provider and how this is affecting communities. Together, these elements
Healthcare Issues, Systems, And Policies America, once the global leader in the health of its population and among the nations with the highest quality and most readily available healthcare services, has now fallen behind almost twenty other countries, including some that only became industrialized in the last third of the 20th century, and with substantial assistance from the United States. While most other so-called "First-World" nations have already embraced several fundamental
The amendments have had practical impacts such as repealing the tax mandate of the employer, health insurance tax of small businesses and decreasing the burdens on individuals and businesses. The compliance cost for small business owners has risen by 36% higher than that of larger corporations. Similarly, the average U.S. citizen has already been overtaxed. Since the passing of the Affordable Care Act, Americans have not enjoyed the benefits that
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