Ageing Population And The Healthcare Industry

Current numbers show substantial growth from the eighties, and estimates suggest that the demand for long term care among the elderly will more than double in the next thirty years. (Feder, Komisar, and Niefeld) This growth will exacerbate concerns about balancing institutional and noninstitutional care, assuring quality of care, and most importantly adopting and sustaining financing mechanisms that equitably and adequately protect the elderly who need long-term care.

The purpose of this paper is to discuss how technology has impacted the health care delivery system. Health care technology is advancing at an increasingly rapid rate in the United States, and globally. Patients and providers are witnessing these changes through the use of telehealth, and telemedicine applications. Telehealth, and telemedicine are often used interchangeably, however there is a difference between the two applications. Telehealth is the use of technology to deliver health care, health information, or health education at a distance (U.S. Department of Health and Human Services, n.d.).

Health care costs are a longstanding concern to policymakers. For years, health care spending has been rising faster than the rate of economic growth, raising the question of what factors are responsible for rising health care costs. This paper explores published articles that report results from research conducted on technological innovations in health care and its relation to rising health care costs. The cost increases have a significant effect on households, businesses, and government programs. Health care experts indicates the development and diffusion of medical technology as primary factors in explaining the persistent

The health care sector is impacted by numerous changes and challenges, such as increasing need for health care provision, changing demands from patients or rapidly evolving technologies. In the context of evolving technologies, the developments occur not only in the actual provision of the medical act, but also at the level of the complementary operations, such as health care information management.

Over the past decade, virtually every major industry invested heavily in computerization. The heath care industry was no exception to the rise in the use of technology. These technologies are starting to allow health care practitioners to offer faster, and more efficient patient care than ever before. No doubt this is the right direction we expect health care to follow.

Medical technology encompasses a wide range of healthcare products and is used to diagnose, monitor, and treat diseases or medical conditions that affect humans. This may included but not limited too, pharmaceuticals, vaccines, and medical equipment. Such technologies are intended to improve the quality of healthcare delivered through earlier diagnosis, less invasive treatment options and reductions in hospital stays and rehabilitation times. Recent advances in medical technology have also focused on cost reduction. Medical technology may include medical devices, information technology, biotech, and healthcare services. The impacts of medical technology may involve social and ethical issues. For example physicians may seek objective information from technology rather than listening to subjective patient reports. A major contributor of healthcare expenditure in America is the advancement of medical technology. According to several studies it is shown that there is a correlation between the nation’s gross domestic product (GDP) and money allocated to healthcare. One of the leading theories is that medical technology is growing faster than expected.

Just like other parts of the world, the United States is no exceptional, it is an aging society. Between the year 2000 and the year 2050, the number of the elderly is predicted to increase by 135%. Again, the population of the persons aged 85 years and above, which is the group that will mostly require health and long-term services, is predicted to

The phenomenon of the ageing population is bringing pressure worldwide to the healthcare system as people live longer and experience greater comorbidities for longer. This ageing population has a strong effect on the aged care sector of health and nursing as there is greater demand for services and stricter limitations to budgeting and time allocated to administering the care required. This trend is causing additional strain on the staffing retention and skills mixes available to the workers in aged care and it is crucial that management be aware of the factors influencing their staffs’ satisfaction and morale if there is to be any improvement in the numbers of workers staying in aged care. Nurses are in the unique position and are crucial to clinical governance and care in this setting and are a key aspect to delivering great care; nurses are a resource to be greater valued.

The health care industry is one of the most dynamic and delicate industries in the U.S. having experienced healthy and substantial changes for the last thirty years most of which have aimed to improve health care management and services delivery to the patients. The changes have enabled the integration of technology into the industry such as in the area of informatics, science and research and payment services and clinical treatments. The health care sector has introduced various changes to address disease and health care management such as the Modernization Act of 2003, the Patient Protection Act and Affordable Act, which aim at improving health provision and most

In observation, (Fahnestock, McComb, & Deshmukh, 2013) stated "Information technologies are transforming the way healthcare is delivered. Innovations such as computer-based patient records, hospital information systems, computer-based decision support tools, community health information networks and new ways of distributing health information.” (p.3.2). In the sector of delivering healthcare using technology, has made it easier for healthcare professionals to access medical records, digitization of prescriptions and view test results. With the use of high-performance devices being used in the hospital, helps to make the jobs of healthcare professionals a little easier. As well as relieve anxiety from anxious patients that may be awaiting lab results to come back. Therefore, IT devices and services has been and continues to be a tremendous help and game changer for the healthcare system. However, there is still a lot of work to be done to help shape and reform the healthcare

Ageing population is a disaster for healthcare system, old people certainly need more care and these costs must be supported by young people who are working age population (Harper, 2014). Healthcare financing is the ability to sustain a fully operational healthcare system which can provide quality care and disregards health, race, or the ability to pay. Healthcare financing pays for health insurance premiums to cover individuals and financing. Financing helps determine who has health care and who does not. Demand for healthcare is directly related to financing because it is covered by insurance. Some people are covered by private plans for insurance other by Medicare or Medicaid. When healthcare providers are reimbursed it helps help health

Information and communication technology has been adopted and implemented within various sectors of the economy. This is attributed to the benefits of technology in facilitating organizational activities and processes and its use in meeting the changes which characterize the modern society. The health sector is one of the industries which have significantly implemented technology. The health sector’s technological applications have been achieved within health information systems. The implementation of technology in this sector has resulted into both positive and negative implications on health

The population trends of aging citizens and income levels are the most important aspects to consider in the planning, financing and delivery of healthcare. The United States is experiencing a shift in the population break up, as the number of individuals over the age of 65 increases (Garza, 2016). This population group can affect many components of the U.S. healthcare system. Income will be another population trend that will aid in the direction of healthcare (Leonard, 2015). In order to adequately plan for the future of the U.S. healthcare system, the trends of the aging population and lower income levels must be considered.

Technology has been advancing every day, which has tremendous effects on the lifestyle of people. People are dependent on technology, and as a lifestyle of people change, a demand of advance technology grows. Technological advancement has both positive and negative effects, for instance, benefits of technological advancement are time saving, increases the production, simplifies the communication, improved the health care and education and others. On the other hand, technology has decreased the human interaction, people are lazy and dependent due to technology, which has decreased the innovation and increases the health risks such as weight gain and obesity-related health issues. This paper will describe regarding the historical perspectives of U.S health care delivery system. The paper will contrast and describe the two technological advances and their impact on a health care delivery system. In addition, a paper will explain regarding the author and public opinion on technological advances.

If the advanced countries the existing retirement protection system is not adjusted, it will pose a serious financial blow States.