Health Care Industry Paper.doc - 1 Health Care Industry...

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1 Health Care Industry Paper Paula Foreman HCS/449 June 8, 2015 Tesa Brown Health Care Industry Paper
2 The health care industry has changed tremendously over the last decade. New technology changes, as well as financial and economic evolution have made a huge impact on the health care market. This paper will discuss the past, present and future evolutions of the health care industry from a technological, financial and economical perspective. Past perspectives will include how the health care industry has changed over the last 10 years, how the use of technology has changed within the health care industry in the last 10 years, the financial and economic impact on the health care industry in the last 10 years, financial and economical tools and methods that addressed issues in the health care industry in the last 10 years and how payments sources and mechanisms used in the health care industry have changed in the last 10 years. The present perspectives to be discussed are the role technology plays in today’s health care organizations, the current state of the health care industry, financial and economic tools and methods being used in the health care industry today, and the current payment sources and mechanisms are use in the health care industry today. The future perspectives to be discussed are the role that technology will play in the health care industry in the coming decade, financial economic issues in the health care industry in the next 10 years, how financial and economic tools and methods currently being used in the health care industry will be effective in the coming decade, payment sources and mechanisms that are being used in the health care industry that will be effective in the next 10 years and my thoughts on what will be the biggest changes in the health care industry in the next 10 years. Past Perspective of the Health Care Industry The health care industry has made multiple changes over the last 10 years. Over the last 10 years the health care industry has made changes to focus more on the patients and have become more patient friendly. The delivery of health care and the quality of care have one of the health care industries primary concerns. Health care technology, over the last 10 years has

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