Homework help > What are some of the health care market trends you... > Published by: Steve 3 years ago
By: Steve
Subject: Health care and Life Sciences
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What are some of the health care market trends you can identify in your market? How might they affect your job as a manager, and how would you react to/prepare for them? ...[Show More]

3 years ago


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There are several trends emerging in health care. One such trend is value-centered care which focuses on community health and prevention rather than the traditional kind that focuses on individuals paying for treatment. There has also been changing in healthcare regulations and policies. Technology application in automation of processes is a major trend too. In the world today there is a growing need for interactions with consumers to improve the patient experience. The economy in the health sector is quite unstable and trends come with costs (Ginter, 2018). As a manager, it is upon one to strike a balance that promotes financial stability but not at the expense of quality. As a manager, therefore, the best way to prepare for them is to embrace technology and push for its implementation. First, this will give a forum for quality improvement with the use of modern analytical tools to note trends in outbreaks. It also gives forums where the society at large can interact with the institution and get advice that curb disease spread and how to avoid lifestyle diseases.

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