hcs449week2healthcareindustrypaper - 1 Health Care Industry...

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Health Care Industry Paper Luccas Eastman HCS/449 Feb 01, 2016 Renee Gorby 1
The health care industry has grown, recessed, changed and grown larger than ever before. Over the course of a 10 year period the entire industry has become prevalent with new types of specialization classes for workers, new reimbursement funds and entirely new approaches to the way medical treatment is conducted. For leaders in the industry a clear and concise understanding of how change theory operates and the respective stages of change is necessary in order to conduct effective planning for that present issues for the industry. An issue which has been cited as one of the most prominent changes is that “Life expectancy around the world has risen dramatically” (Boseley, S. (2012). Changes The economical growth within the health care industry will demand that leaders and administrators understand that they are required to understand and utilize their educational and experience to offset changes within the industry. Change is often synonymous with resistance; this will further require respective leaders have an understanding and proactive approach in their attempt to continue advancements in their particular industry. A recent study completed states that “Over the last five years, the growth of health care spending in the US has slowed dramatically - to the lowest rate in the past 50 years. The slowdown is not a surprise. It is a predictable result of the recession and slow recovery that have left millions of Americans without health insurance and dampened household spending.” (Alternet. (2013); this is just an example some of the economic changes that will be faced by administrators within the industry. Financial differences Change in all manners has been a large portion of the topic when it comes to the paradigm shift of the health care industry “The important skill a leader must possess is to 2
effectively manage energy from the resistance and use it as a stimulant to create the change required” (Sullivan & Decker, 2005). This is a philosophy that will provide industry leaders with a brace in order to move forward in their progression to dampen economical changes. The Health Care Reform bill was a drastic shift from the way the U.S. had once handled the way that insurance has been conducted and is still shaping new ways that the U.S. economy is influenced. The reform has provided proof of the looming

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