Health Care Industry Paper - Running Head The Health Care...

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Running Head: The Health Care Industry 1 Health Care Industry Paper Tara Owens HCS/449: Health Administration Capstone Week 2: The HealthCare Industry Paper Professor: MAIRE SIMINGTON April 11, 2016
Running Head: The Health Care Industry 2 Introduction The health care industry has evolved over the last decade. The health care market has been impacted by changes in technology as well as the financial and economic evolution of the industry. Imagine you have given the opportunity to participate in a health care seminar as a guest speaker. You have been asked 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 sick people and the people that need care and it's growing with more opportunities in all the fields. The healthcare industry changed in the past ten years, and it is the largest industry and fastest growing business in the world. Understanding all the concepts of the healthcare industry about the stakeholder’s ad services and 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 all the qualities of the providers, costs with their association with and the economic issues that it creates of the aging population. The healthcare industry policies and funding changes every year and it are critical to the patients because some of them can't afford their treatments and care. The health care industry stability is made up for the leadership of the organizations, policy, management, funding and strategies of the new and old industry. The important skill a leader must possess is to manage efficiently energy from the strength and use it as a stimulant to create the change required (Sullivan & Decker, 2005). This paper will analyze the past, present, and future of the healthcare industry and the evolution of the healthcare industry from technology, finance, and economic perspective.
Running Head: The Health Care Industry 3 Past of the HealthCare Industry Analyze 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 new digital materials and the patients experience from the industry. In today health care industry, the change is not stable because it will continue changing throughout the years to come. The understanding of the evolution theory of the change is for the leaders of the organization to have a permanent plan to make sure that the change is apparent. Some leaders have many changes because the body of the organization requires for change and the commitment to have a positive change and to make sure that the commitment if for them to move forward to positive change for the organization.

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