Free

Health care Economics - Essay Example

Comments (0) Cite this document
Summary
Major medical associations of different branches of learning, payers and certain patient groups have approved the patient-centered medical homes (PCMHs) as an original formation for changing health care delivery. The fundamental belief of the PCMH is the concern over a…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Health care Economics
Read TextPreview

Extract of sample "Health care Economics"

Running head: Health Care Economics Health Care Economics s Health Care Economics Major medical associations of different branches of learning, payers and certain patient groups have approved the patient-centered medical homes (PCMHs) as an original formation for changing health care delivery. The fundamental belief of the PCMH is the concern over a doctor’s management of a patient utilizing the health care benefits, which include going to specialists, for the betterment of efficiency and usefulness. The principle supports the idea behind the conception of HMOs, ran care organisations, which were earlier adopted by doctors, patients and policy analysts, but since then a great deal of their luster no longer remains. HMOs were not accepted by several physicians and patients, terming them to be having great constraints, especially opposing the notion of gatekeeping (Mirabito & Berry, 2010).
Whilst the United States of America works on improving its health care sector, it is the right moment for retransforming primary care. The message showed by the HMO story can be taken advantage of by the promising medical home movement. The bitter reality is that PCMHs will not grasp their promising prospects until they propose an enhanced understanding to the patients and the people who take care of them – without greatly consuming the assets – than the substitutes. To make this a reality, a true sense of affiliation needs to exist between the patients and the suppliers. Suspicions and skewed inducements put off several HMOs earlier and this cannot take place with medical homes again.
To guarantee having limited costs, the right to use high cost medical technology has to be controlled. This job is normally carried out by assigning particular services as technology centres. Rationing helps in distributing the high costs of the journey to remote facilities particularly for the patients residing in the country side, and waiting lists. Controlling the prices for medical care help patients but cost the providers for the short term.
References
Henderson, J. W. (2009). Health economics & policy (4 ed.). Cengage Learning.
Mirabito, A. M., & Berry, L. L. (2010). Lessons That Patient-Centered Medical Homes Can Learn From the Mistakes of HMOs. Annals of Internal Medicine , 152 (3), 182-185. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Health care Economics Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/health-sciences-medicine/1581112-health-care-economics
(Health Care Economics Essay Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/health-sciences-medicine/1581112-health-care-economics.
“Health Care Economics Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/health-sciences-medicine/1581112-health-care-economics.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Health care Economics

Health Care Economics

...Management Topic: Health care Economics The economic value of the health care industry is a topic of prime importance that has genuine relationship with the other industrial sectors of the economy. The industry of health care can be regarded as a pillar to the economic structure of a country on the grounds of circulation of health care generated dollars in the economy and the direct linkages it have with other industrial sectors. Apart from this the features of providing employment and generating revenue through purchases of utility services and other...
5 Pages(1250 words)Research Paper

Health Care Economics

.... However, with advances in technology scientists came out with the discovery of solar panels. Solar panels are just a one-time investment and once set up they’ll provide free electricity for their entire life. What simply happens is that the solar panels take up energy from sun rays and convert that energy to provide electrical power. This simple example goes on to show how technology has brought down the cost of various products. Health care has been one of the most important issues of the current time. With the ever increasing health care costs, people from all walks of life have been complaining they cannot afford proper treatment. Workers in America have so hardly...
5 Pages(1250 words)Essay

History and Evolution of Health Care Economics

...? History and Evolution of Health Care Economics in the U.S.A Evolution of health care in the U.S.A has seen the process of growth and developments experienced in the health sector. The growth of health care has greatly improved compared to the previous centuries when physicians used to trade their services with non-money items such as cattle, goats and cotton just to name a few. Today, the services are exchanged with money and non-money trade is not used anymore. Also, during the early ages, the doctors had little knowledge about a disease and were underequipped. This has changed over the years where...
3 Pages(750 words)Essay

Economics and Health Care

...? Health Care Economics Corey Sutton Dr. AM The Economics of Health and Health Care Economics and Health Care How Economics Applies to Health Care Economics is fundamentally a social science that seeks to explain how society allocates its scarce resources to satisfy the demand for various goods in society. Many scholars have debated whether the concepts and principles developed in economics can be used to explain how decisions are made in health care....
4 Pages(1000 words)Research Paper

Health Care Economics

...?HEALTH CARE ECONOMICS Introduction The Boston healthcare system remains one of the most unique systems within the United States of America. With many academic institutions offering high standards of medical services, research remains a fundamental aspect of the Boston healthcare system. The healthcare system within this community continues to present a significant influence on the country’s healthcare sector. This sector however remains at the core of economic prosperity of Boston. Many of the healthcare providers within the community rely heavily on locally produced services and good, producing significant economic impact within the community. Declines...
8 Pages(2000 words)Article

Journal

2 Pages(500 words)Essay

THE ECONOMICS OF HEALTH CARE

...Running head: THE ECONOMICS OF HEALTH CARE The Economics of Health Care Insert Insert Grade Insert 4 December THE ECONOMICS OF HEALTH CARE Demand and supply factors which contribute to rising health costs Analyzing both demand and supply factors, it becomes clear that they have contributed to the rise of national health care expenditures in most societies. For example, in United States, cost of health care has increased from 5.1 per cent in early 1960 to the current state of about 16 per cent (Santerre...
5 Pages(1250 words)Term Paper

Economics of Health Care

... Economics of Health Care 1. Hurley, Ch. 4 End-of-Chapter Question A.1 True It is true that cost effectiveness is poorly suited for programs with multiple types of health outcome. This is because cost effectiveness is most effective in situations where the dominant outcome of concern is only one. Cost effective analysis is easier to understand because its units of measure are in natural form (units). This leads to its adoption by many non-economist health professionals because they can easily interpret its results. The method is disadvantaged when a program produces multiple diverse outcomes. Cost effectiveness analysis cannot be able to integrate all...
5 Pages(1250 words)Assignment

Role of the public sector in health care (economics)

...The Role of the Public Sector in Health Care The Role of the Public Sector in Health Care Introduction In the United s health care is an issue that consumes much of their political discussion because as a people they have not come to the decision that health care is a responsibility of government to its people. In Canada it has been publically determined that the health of the people is the concern of the government. The Canadian system is based on the universal health care system, providing care for anyone who needs care...
15 Pages(3750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Health care Economics for FREE!

Contact Us