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Changing Population Trends

Decent Essays

In a changing nation, population trends, along with other upcoming trends are affecting the healthcare industry. Changes in demographic trends, such as the aging population, the increased presence of minority groups, and rising fertility rates are very much present within our nation, making the need for healthcare providers to adapt their care to fit the entire population. Assessments of areas in terms of the age and race must be conducted annually if the healthcare system is to accommodate the change in healthcare needs. Latinos are more likely to suffer from Lupus than any other race in America. African-Americans are more likely to face diabetes. In fact, over the next few decades, the non-white population is expected to be the fasted growing group (Vespa, Armstrong, & Medina, 2018) in the United States. …show more content…

Mergers between health insurance groups and pharmacies have already begun to take place, as in the case in the merger between Aetna and CVS. This merger, once complete, could introduce providers into the CVS pharmacies, making shopping for personal needs, receiving healthcare, and picking up prescriptions a one-stop trip (Dowling, 2017). Consumerism is the root cause of this trend, and as the population continues to age and change in terms of the racial make-up, consumerism will only grow, meaning more people wanting more services in less time and with more convenience. Providers of larger practices should not see this as a deterrent to the services they offer, but rather as an opportunity to adapt to the changes in demographic trends and innovate their practices to remain competitive with the rest of the industry. Regardless of the changes in types of practices that begin to take of the healthcare industry, the aging population will still depend on the presence of hospitals and long-term care facilities to care for them during chronic, long lasting

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