Healthcare industry or medical industry is a sector within the economic system, which treats people with rehabilitative, preventive, and curative care. The United States leads the world in healthcare industry. The world leader in healthcare services and innovator in cutting edge, diagnostics and treatments. US hospitals to create a platform for biomedical innovation and different academic and medical centers provide sophisticated advanced care. Highly skilled workforce that includes physicians, nurses and technician who leads the world in production of medical technologies and is one of the world’s largest consumers support the US healthcare industry. The US healthcare industry is further subdivided into different subsections like …show more content…
The flat terai plain, central hills and the mountains of north. The country’s topographical and sociological diversification helps to promote infectious diseases and promotes natural disasters like flood, landslides and earthquakes. Millions of people are at risk, whereas thousands of people still die every year. Healthcare of Nepal is financed every year by different INGO (International Non-Profit Organization) like USAID, UNICEF, WHO, UNDP, UNFPA etc. The foreign donor for the healthcare industry is more than 62% of total expenditure. There are various problems with distribution of Health related aid to Nepal. Low absorptive capacity leads to poorly allocate disbursed and reimbursed funds, inconsistence in financial rules of the government and donor agencies, lack of decision making ability are some of the problems, making health care issues more and more difficult to deal with. There are some significant barriers to access the health services. Despite significant progress in recent years, service delivery in the health sector remains weak. Due to lack of trained health care professional and staffs, the existing health care facilities are being underutilized. Based on different studies by WHO and Ministry of Health of Nepal there are many plans and policies to be executed in the next three years to bring dramatic change between the figures of Health Indicator targets. New initiative includes prevention and control of venereal diseases, introduction of
The healthcare system in each country is intended to meet the best possible medical services needs of its citizens. One country’s healthcare system can vary from another. This is according to their administration strategy, training, education, technology, and spending plan. Social, economic, political, and physical parts of the nation also play huge role in defining a country’s healthcare system. There are many similarities in the delivery of medical services between United States and Nepal. For the middle class people, affording a good healthcare system is still an unresolved issue of these two countries. The issue of financing the system of healthcare has been the biggest challenge to the government of Nepal, and it is similar to the Medicare and Medicaid programs in the United States. Although Nepal and the United States have similarities in healthcare system, they also equally share significant differences in providers, spending and the medical professionals. Some people consider that the healthcare system in the U.S. is superior.
The United States (U.S) healthcare system is a large private system that consist of multiple payers, which leaves the U.S
The first characteristic of the US health care system is that there is no central governing agency which allows for little integration and coordination. While the government has a great influence on the health care system, the system is mostly controlled through private hands. The system is financed publically and privately creating a variety of payments and delivery unlike centrally controlled healthcare systems in other developed countries. The US system is more complex and less manageable than centrally controlled health care systems, which makes it more expensive. The second characteristic of the US health care system is that it is technology driven and focuses on acute care. With more usage of high technology,
Globalization in healthcare is a topic that has been the subject of many debates worldwide. While practically the entire world is becoming a global village due to globalization, the healthcare industry was considered to be invulnerable to this trend. This was attributed to the fact that healthcare is a service industry, where service is delivered on area of purchase. However many developments not only in the healthcare industry but in the entire economical sphere as a whole have seen the aspects of globalization. As a result globalization in the healthcare industry is a common phenomenon in the contemporary world. As the healthcare industry across global boundaries becomes increasingly intertwined,
Over the recent years, healthcare in the United States has drastically changed. The industry has experienced continuous growth, due to an array of events. The introduction and passing of Affordable Care Act, the increase of Baby Boomers (individuals born between 1946-1960) reaching the age of retirement, and potential passing of immigration inclusion laws has impacted and will continue to impact America’s healthcare landscape. Numerous factors associated with the political, economic, social, technological, environmental, and legal aspects are key indicators into the potential success of the industry.
The healthcare system in America is a market based system that functions by relying on the structures of an efficient market. The principles of demand and supply are instrumental in determining the functionality of the healthcare system in USA. One of the factors that has contributed to this reality is the fact that healthcare in the US is provided by various distinct organizations which are largely owned by private businesses. Indeed, 21% of hospitals in USA are owned by the government while another 21% are owned by private businesses operating for profit. 58% of hospitals in USA can be described as not for profit organizations. Indeed, the American healthcare system is a leader in medical innovation when compared to its impact on the health status of people. However, the nature of the entire unit as a whole leaves a lot to be desired since accessibility to these medical marvels remains a fundamental problem for a majority of the US population (Davis, Stremikis, Squires & Schoen, 2014).
The healthcare system of USA has continuously evolved and matured over the years. With time, the healthcare system of USA has strengthened. Still, this system has certain weak points that have to be overcome in order to deliver excellent healthcare services. Providing, best of the healthcare services, should be the combined responsibility of public and private players (Robert, 2009). People would also have a role to play in order to ensure that healthcare services and delivered in an excellent way. In the postindustrial period, USA has
An uneven density of health care providers in India further exacerbates the problem. Rural areas easily attract doctors and other medical
The United States healthcare delivery system is a uniquely developed system that involves various features, components, and services. The US delivery system is massive, with total employment in various healthcare settings of qualified medical professionals that provide key functions to delivering quality healthcare. The market-oriented economy in the United States attracts a variety of private entrepreneurs driven by the pursuit of profits obtained by carrying out the key functions of healthcare delivery (Shi et al. 2015).
Healthcare in the United States is rooted in the private sector. The private sector directly funds 56% of the expenditures through private health insurance, household expenditures and copays, and other private expenditures. (CMS, 2014) The US healthcare system can thank the private sector for providing much strength such as new diagnostic technologies, innovative treatments and procedures, and dynamism. American hospitals and physicians are regarded internationally as being of high quality. Americans can also be proud that the physician- patient relationship is among the most trusted and valued relationships in the country. By allowing the private sector to take a lead role in the healthcare system, the United States values
America is without a question the leading country of medical and scientific advances. There always seem to be a new medical breakthrough every time you watch the news or read the paper, especially in the cure of certain diseases. However, the medical research requires an enormous amount of money. The U.S. spends the most money on health care yet many people, mainly the working class Americans are still without any type of health insurance and thus are more susceptible to health risks and problems. The concept of health insurance for Americans was formulated over a century ago. Most Americans obtain health insurance from
United States has many strengths and weaknesses within the healthcare system. In this case, we are going to focus on the strengths of the healthcare system in the United States
The healthcare system plays a key role in the economic stability of our country, as every year trillions are spent in attempt to combat disease and health issues that plaque humanity. As it makes up a significant amount of the expenditures in the economy, so the costs associated with health care of those in pain from illness and injury, including lost productivity, increased need of assistance in living and also the cost of death in some cases, is important to the economic stability and over all standard of living in our country. The key to economic prosperity is balancing the need for care with the costs of illness to keep as many people healthy and well without breaking the bank of collective society. The costs of healthcare have been increasingly problematic in recent years with so many issues surrounding the current system. With the “total health care spending in the United States expected to reach $4.8 trillion in 2021, up from $2.6 trillion in 2010 and $75 billion in 1970, meaning that health care spending will account for nearly 20 percent of gross domestic product (GDP), or one-fifth of the U.S. economy, by 2021” (Aetna). With this in mind it is apparent that as we look at the trillion-dollar industry of the medical community it seems that it needs to be a major focus of our nation as a whole and with the many issues come many creative solutions. First let us analyze the reasons behind the current cost and the major problems facing this industry and than discus what
Nepal is mountainous country in the World. The average life expectancy is 67.95. Nepal has an approx. 28 million population. Also, approximately two thirds of the health problem in Nepal are infectious disease. This infectious disease occurs high rate of illness and death. In addition to this, there are many people are infected from HIV aids due to lack of education and open boarder between India Nepal. The health system has been developed day by day. There are health post in every village development committee area. Also, now a day’s government allow private sector to invest in health care system. Right now, there are so many private health college, hospital, clinic, nursing home etc. So, we can see that health system has been developed.
The country of India is second in terms of population size and the major cities are becoming overcrowded. Poverty rates in India have increased over the last few years and despite the economic boom the country is experiencing, the people are still living in overcrowded ghettos or slums. Overcrowding and population has brought healthcare challenges. In India, maternal and child mortality are still high, malnutrition among children and pregnant women increase yearly, and the country leads the numbers of Tuberculosis (TB) infection. Furthermore, India’s HIV problem has increased and now is third among 195 countries. The lack of basic healthcare, support and supplies from Indian official has only fueled the healthcare challenges it faces.