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Summary 2-2 Final Project Milestone One: Draft Proposal: Major Forces Healthcare Finance HCM 40 $7.99   Add to cart

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Summary 2-2 Final Project Milestone One: Draft Proposal: Major Forces Healthcare Finance HCM 40

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2-2 Final Project Milestone One: Draft Proposal: Major Forces Healthcare Finance HCM 400 Southern New Hampshire University 03:38:56 GMT -05:00 Currently in healthcare there are five major forces that are affecting the patients. These five forces place an impact on patients, their care, healthc...

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  • October 17, 2024
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2-2 Final Project Milestone One: Draft Proposal: Major Forces

Healthcare Finance HCM 400




Southern New Hampshire University




03:38:56 GMT -05:00

, Currently in healthcare there are five major forces that are affecting the patients. These

five forces place an impact on patients, their care, healthcare facilities, the staff and leaders in

healthcare and last but not least the economy. Great efforts to balance these issues are being

made, however it has not been enough; as problems continue to arise. Healthcare is being

affected by technological advancements, the rise of cost in healthcare, digital therapeutics, up

skilled workers and their training, healthcare regulations and there ongoing changes and ethical

challenges.


“The cost of medical technology is not declining and its increasing use contributes to the

spiraling healthcare costs. Many medical professionals equate progress in medicine to increasing

use of sophisticated technology that is often expensive and beyond the reach of the average

citizen” (Obtained from www.ncbi.nlm.nih.gov). The demand for healthcare services is on a

constant rise especially with the ever advancing technology such as telemedicine service,

portable x-ray machine, ultrasound and electrocardiograms which can now be found to be

portable and can be taken pretty much anywhere. Telemedicine is allowing patients to seek

services from their physician from the comfort of their own home, car or pretty much from any

device that has internet access and a camera rather it is a computer, cell phone or any other type

of mobile device. This has increased a demand for healthcare facilities to invest on new

computers and mobile devices as well as training and programs in order to allow the patients and

physician or staff to communicate via tele-communication. The rise in cost for healthcare in the

U.S. for the next five years is estimated to reach up to $3 trillion, placing a huge impact on the

cost of healthcare. The demand in healthcare has also produced the overpricing of services,

because the insurance policies do not pay enough for the demands in technology in order for a

healthcare facility to be able to offer the best services possible to its patients and with that



03:38:56 GMT -05:00

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