Financial and economic issues that will affect the health care industry in the next 10 years

New Care Delivery Options New paradigms in healthcare delivery will make care more affordable, more convenient, and more responsive. The traditional way of dispensing health care is longitudinal and fragmented, with lots of days between value-producing office visits, says Douglas L.

Financial and economic issues that will affect the health care industry in the next 10 years

Levin Find articles by Steven A. These reductions have required AHCs to become more efficient and increased pressures to become more productive in both patient care and research.

Ten trends for the next decade are evident: The AHC has the tools and the personnel not only to improve patient care processes but also to understand how to decrease costs while maintaining quality. AHCs also have the size and expertise to establish control over geographic market share with services not available elsewhere.

Such progress is driven by better communication and greater sharing of information and collaboration at all levels, including building better physician referral networks. These accomplishments, driven by technology, will allow AHCs to improve quality of care and increase efficiency even under the increasing burden of patients and uninsured.

This will position AHCs as the most important advocates and lead players in the development of an improved national healthcare system. Perhaps the most important threat to AHCs has been the decrease in the perceived value of the patient care delivered by their doctors and hospitals: One positive consequence of these reductions has been the requirement that AHCs have had to look inwardly to demonstrate their own quality in patient care as well as the other missions; they have also been required to become more efficient.

Since AHCs have done this, pressures to improve productivity in both patient care and research have squeezed educators, in some schools placing the education mission at risk, but in others turning adversity to advantage and causing teaching to be treated as a true profession. The other major positive of the last decade has been the almost incredible increase in research funding by the National Institutes of Health over the last 3 years, with a projected doubling between and As we look ahead to the next decade, the United States healthcare system will continue to evolve and may even undergo significant change in structure 2.

Healthcare system changes will have important implications for AHCs not only in the patient care mission, but also throughout all the missions.

Financial and economic issues that will affect the health care industry in the next 10 years

The significant approaching changes in research and education will be topics of future papers. In the short term, the increasing cost and increased numbers of uninsured will continue to place great stress on the healthcare system. In the medium to longer term, AHCs should thrive as the healthcare system changes, the number of uninsured eventually decrease, and AHCs are better able to demonstrate their value.

This value can be described by a sphere with true interaction among all areas of mission to improve health in innovative ways, as the researcher brings basic research directly to patient care and the student continues to question making the researcher and the clinician better at what they do, in turn again improving healthcare.

Ten Year Trends for the Future of Healthcare 1. Ten years from now, more patients will be living longer. The ability to treat patients with chronic disease such as heart disease is clearly lengthening their lives; in the next 30 years, the number of people with heart disease in the United States is expected to double.

More Technology As genetic diagnosis and treatment translate from cell to bedside, the information and armamentarium available to the clinician will increase perhaps inconceivably over the next 10 years. Markedly improved less invasive imaging e.

DNA chip technology or genetic fingerprinting will vastly improve risk assessment. Knowledge of the risks will increase the ability of other technology to extend life.

Yet techniques such as these will require that we face and attempt to resolve a series of new ethical questions. Electronic technology will also improve efficiency.

The electronic medical record will be tied directly to billing. It will soon be possible for a physician to dictate directly into the record and have software that analyzes the type of visit or procedure and creates a CPT code automatically. Since billing would be directly related to the content of the medical record, the need for complex compliance programs would be markedly reduced.

More Information As the technology improves, the information deriving from patient care will also improve.The paper will explain how health care has changed over the last 10 years, and the biggest changes that will affect health care in the next 10 years.

The paper will also discuss what my role will be in the health industry, especially when it comes to adapting the skills learned into the health care industry. What financial and economic issues will affect the health care industry in the next 10 years?

Individual Assignment Week 2 Health Care Industry Paper Resource: Health Care Industry Paper Grading Criteria Write a to word paper discussing the health care industry. What financial and economic issues will affect the health care industry in the next 10 years?

Individual Assignment Week 2 Health Care Industry Paper Resource: Health Care Industry Paper Grading Criteria Write a to word paper discussing the health care industry. Financial And Economic Issues That Will Affect The Health Care Industry In The Next 10 Years  Health Care Industry Paper Lucionda Berry HCS/ May 14, Dr.

Leslie Freeman Introduction In today’s society, healthcare and the issues surrounding the topic has went through some major changes within the last decade. The health care industry is an ever-changing and ever-growing industry.

We can see how much it has changed just in recent years, a sure sign that even more changes will come in the future. With the growth of revenue, will come the growth of jobs and an increase of people with interest in the industry%(4). 5 Economic Issues Affecting the Healthcare Industry Now by Dr. Amarendra | Oct 19, While most Americans agree that the healthcare system needs to be fixed, they remain woefully unaware of the problems facing the health care industry at large.

What Will Health Care Look Like in Years? | HFMA