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1RUNNING HEAD: FINAL PROJECTFinal Project: Written ProposalSamantha KeihlSouthern New Hampshire UniversityHCM 400June 20, 2021
2RUNNING HEAD: FINAL PROJECTFINAL PROJECT: WRITTEN PROPOSALIntroductionMajor ForcesA significant driver in the delivery of healthcare is the rising costs of healthcare and thecustomer’s ability to pay. Since the signing of the Affordable Care Act in 2010, more than 30million American’s previously without health insurance coverage have been able to obtain healthinsurance (Blumenthal, 2015). With more Americans with health insurance, the demand forhealthcare will continue to grow as they are now able to seek out medical care outside of goingto the Emergency Room including primary care providers.Another significant driver in healthcare delivery is the growth of the aging population,more specifically, the Baby Boomer generation, Americans born between 1946 and 1964. BabyBoomers now account for over 30% of the US population and it is estimated that the number ofMedicare-eligible population will have almost doubled from 35.1 million in 2000 to close to 70million in 2030 (University of Southern California, 2020). Not only has the number of the agingpopulation risen exponentially, but with the advances in healthcare, this population is expected tolive longer, increasing the demand for healthcare services.Impact of ForcesThese major forces are going to result in an increasing demand for healthcare services,resulting in a rise in job opportunities including environmental services, customer servicespecialists, certified nursing assistants, nurses, and doctors. The increase in healthcare demandwill also drive healthcare organizations to invest in technology advances that will allow forgreater efficiency and smarter workflows (University of Southern California, 2020). Thesetechnological advances, however, can lead to issues with finding staff with the appropriate skill
3RUNNING HEAD: FINAL PROJECTsets to not only use the technology, but apply this technology to advance the organization. Theseincrease in demands are all factors that have an impact on the costs of healthcare, especially forthe older generation. It is estimated that the medical spending for those aged 65 or over is threeto five times than of younger Americans (Reinhardt, 2003).Boston Scientific is an international company that develops medical devices such as cardiacpacemakers, vascular stents, bioprosthetic aortic valves and surgical devices. The company’s

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Term
Winter
Professor
Carleen Smith
Tags
Income Statement, Revenue, Generally Accepted Accounting Principles, Earnings before interest and taxes, Artificial pacemaker

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