Could you help me evaluate the impact technological changes have had on the economics of health care and what these changes mean to the health care industry? I need to address least two (2) changes.
Need Help Writing an Essay?
Our team of talented writers is ready to assist. We offer essay writing help in over 75 disciplines, ensuring a convenient and comprehensive solution for all your academic needs!
Get Help Now!Please also help me recommend a methodology decision makers can use to determine the benefit of technological solutions and the expected benefits.
Finally, please help me elaborate on the idea that the consumer is a health producer. Please discuss the implications of this to the health care industry and the economy.
© BrainMass Inc. brainmass.com March 22, 2019, 1:45 am ad1c9bdddf
https://brainmass.com/health-sciences/topics-in-health-and-wellness/economics-health-care-549767
Solution Preview
Several technological changes over the past few decades have had a significant impact on health care. Some of the impact contributes to increased healthcare spending. However, much of the technological change has also contributed greater efficiency, improved health outcomes, and increased revenue potential for healthcare organizations. Greater efficiency means healthcare organizations can provide care for more patients, to potentially increase revenues. At the same time, better outcomes for patients can also increase revenues, as quicker and better services have the potential to improve the reputation of the organization.
Two technological changes having a major impact on healthcare are electronic health information systems and stents to keep arteries open and prevent future heart attacks. Electronic health information is one way of improving efficiency of care. It can provide easier and quicker access to patient health information, which can speed up the assessment and treatment of patients. This is particularly true when providers cans share electronic health information. Better and quicker assessment and treatment can reduce costs for health care, when chronic diseases are better managed. However, implementation, use, and maintenance of electronic health record systems increase overall operations costs. Electronic health systems have a great potential if utilized creatively. Communication between patient and provider through the internet can potentially reduce the costs of office visits by 20% (Dabela, 2006). However, both parties must be somewhat …
Get Quick Assignment Writing Help – No Plagiarism Guarantee!
Online assignment writing service website that provide university students with original and quality academic essays, term papers, admission essays, annotated bibliographies, reports, scholarship essays, personal statements, research proposals, research papers, projects, presentations, dissertation, theses, movie reviews, Book reviews, application papers, among others.
Having trouble with a homework question? Our skilled assignment writers are here to provide answers to all types of queries, ranging from fundamental mathematics to cutting-edge rocket science!
