Consider the following major sectors within health care:
- Health care equipment
- Health care services
- Pharmaceuticals, biotechnology, and related life sciences
Based on insights that you have gained throughout the course and this weeks lesson, write a paper of 6–7 pages that discusses the following:
- Summary: Discuss the role of each sector in the health care industry and the economy.
- Analysis: Discuss the impact of each sector on the health care industry and the economy.
- Evaluation: Discuss the impact of the economic practices of these sectors on the industry globally.
Ensure that you integrate economic terms, frameworks, and models throughout the review.
Finally, recommend policy updates, changes, and revisions to each sector that will address the opportunities and challenges within the industry.
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The Economist. (2015, January 3). Going large. The Economist. Retrieved July 30, 2015, from Gale Biography in Context database in the CEC Library.References
PR Newswire. (2015, January 22). Global long-term care software (nursing homes, home health agencies, assisted living facilities) market – forecast to 2019. Retrieved July 30, 2015, from the Biography in Context database in the CEC Library.
PR Newswire. (2014, March 23). Profiles of 11 top-tier home health care companies in new in-depth market research report. Retrieved July 30, 2015, from the Biography in Context database in the CEC Library.Reference
The state of the pharmaceutical industry [image]. (2012). Retrieved from the Visual.ly Web site: http://visual.ly/state-pharmaceutical-industry
MarketLine. (2014). Global health care equipment & supplies, 1–30. Retrieved July 30, 2015, from the Business Source Complete database in the CEC Library.
MarketLine. (2014). Health care equipment & supplies in the United States, 1–34. Retrieved July 30, 2015, from the Business Source Complete database in the CEC Library.References
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For-profit hospitals are costlier than non-profits. (2004, June 7). Retrieved from the Physicians for a National Health Program (PNHP) Web site: http://www.pnhp.org/news/2004/june/forprofit_hospitals.php
For-profit hospitals deliver inferior care at inflated prices and cost Medicare an extra $5.2 billion annually. (1999, August). Retrieved from the Connecticut Coalition for Universal Health Care Web site: http://cthealth.server101.com/pnhp_nejm_for_profit_hospitals.htm
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