100%(2)2 out of 2 people found this document helpful
This preview shows page 1 - 4 out of 12 pages.
Running Head: The Health Care Industry 1Health Care Industry PaperTara OwensHCS/449: Health Administration CapstoneWeek 2: The HealthCare Industry PaperProfessor: MAIRE SIMINGTONApril 11, 2016
Running Head: The Health Care Industry 2IntroductionThe health care industry has evolved over the last decade. The health care market has beenimpacted by changes in technology as well as the financial and economic evolution of the industry. Imagineyou have given the opportunity to participate in a health care seminar as a guest speaker. You have beenasked to discuss the evolution of the healthcare industry from technology, finance, and economic perspective(Phoenix, 2016). The healthcare industry a great industry to be in at the moment because of all the sickpeople and the people that need care and it's growing with more opportunities in all the fields. Thehealthcare industry changed in the past ten years, and it is the largest industry and fastest growing businessin the world. Understanding all the concepts of the healthcare industry about the stakeholder’s ad servicesand goods are all provided in the medical field, The technology of the medical field and the spiral for the market demands are high, but they are allthe qualities of the providers, costs with their association with and the economic issues that it creates of theaging population. The healthcare industry policies and funding changes every year and it are critical to thepatients because some of them can't afford their treatments and care. The health care industry stability ismade up for the leadership of the organizations, policy, management, funding and strategies of the new andold industry. The important skill a leader must possess is to manage efficiently energy from the strength anduse it as a stimulant to create the change required (Sullivan & Decker, 2005). This paper will analyze thepast, present, and future of the healthcare industry and the evolution of the healthcare industry fromtechnology, finance, and economic perspective.
Running Head: The Health Care Industry 3Past of the HealthCare IndustryAnalyze how the health care industry has changed in the last 10 years.The healthcare industry changed in the last ten years because of the technology and all the newdigital materials and the patients experience from the industry. In today health care industry, the change isnot stable because it will continue changing throughout the years to come. The understanding of theevolution theory of the change is for the leaders of the organization to have a permanent plan to make surethat the change is apparent. Some leaders have many changes because the body of the organization requiresfor change and the commitment to have a positive change and to make sure that the commitment if for themto move forward to positive change for the organization.