Research and identify the most significant factors impacting the current healthc

Question

Research and identify the most significant factors impacting the current healthcare landscape today. Consider technology, regulatory, competitive and social changes as you map out the current landscape. listing the top 3-5 most significant external factors impacting healthcare, your rationale for why these factors are most significant. Finally, explain how these factors are specifically impacting the current healthcare environment.
Research and identify the most significant factors impacting the current healthcare landscape today. Consider technology, regulatory, competitive and social changes as you map out the current landscape. listing the top 3-5 most significant external factors impacting healthcare, your rationale for why these factors are most significant. Finally, explain how these factors are specifically impacting the current healthcare environment.
listing the top 3-5 most significant external factors impacting healthcare, your rationale for why these factors are most significant. Finally, explain how these factors are specifically impacting the current healthcare environment.
listing the top 3-5 most significant external factors impacting healthcare, your rationale for why these factors are most significant. Finally, explain how these factors are specifically impacting the current healthcare environment.

Explanation / Answer

The most significant external factors affecting the current healthcare industry include technology evolution, shift to wellness model, increasing costs, infrastructure costs, change in customer needs and preferences, aging population, drug store clinics, change in relationships, telemedicine, medical technologies, influence of insurance companies and influence of government in the form of healthcare policies.
An aging population is one of the significant external factors affecting current healthcare. According to Pew Research, there are 79 million old people in the USA needing medical care and personal attention. This comprises nearly 26 percent of the total population of U.S. Old people use healthcare services widely. It is estimated that in 2020, there will be a huge opportunity of more than 3 million jobs in nursing and health care in the U.S to cater to the needs of the aging population. This indicates that the aging population is a major external factor creating new opportunities like home nurses and personal attendants in the healthcare.
Increasing costs in the healthcare with the affordable care act covering more than 40 million people get access to healthcare. It is expected that Americans are likely to spend more than $3 trillion on health care in the forthcoming year with obesity topping the list. The U.S is the world’s topmost spenders on health care. This has resulted in huge demands in the healthcare sector in the U.S. This will increase the healthcare costs considerably in the future. This makes the increasing costs due to affordable care act to be a major external factor affecting the current healthcare.
The technology-based changing patient-doctor relationship is another major external force in the current healthcare. According to a study, about 86% of the patients are playing an active role in choosing their medication and healthcare. The patients have access to information with a wide range of options. Online patient portals enable the patient to consult with the physicians, order refills, fix appointments and get access to a wide range of healthcare services. Patients have now transformed into consumers and they are clear about their needs and wants. The clinics are striving hard to ensure high-quality healthcare service to cater to this transforming patient nature. Telemedicine is an excellent solution to cater to this changing healthcare needs. Technology is changing the current health care service to a new level with increased demand for IT staff, Information System professionals, medical assistants and secretaries. In the treatment wise, the role of technology is critical with brain implants, heart pacemaker, patient remote monitoring, endoscopy, liver transplants and other organ transplants. The future of healthcare is dependent on the technology to a great extent.

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