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Unites States will have the opportunity to advance the policy change and all the breakthroughs that thesystem will go through. The healthcare industry is a critical factor of life and accountability will be the onlyreason to keep it insane. The role of responsibility will bring out the positive of the financial and economicalin the healthcare industry by the change of the stakeholders and consumers. Accountability is defined as “the
Running Head: The Health Care Industry 10act of accepting ownership for the results or the lack thereof” (Sullivan & Decker, 2005, p. 144). Theculture of maintaining accountability is important because of the improve performances towards the qualityof the healthcare and the financial responsibility of the organization stakeholders in the healthcare industry(O’Hagan & Persaud, 2009). Analyze if the payment sources and mechanism currently being used in the health care industrywill be effective in the next 10 yearsThe payments sources and mechanism used in the healthcare industry, and it will be effective in tenyears because payment comes from private sectors and health care providers for insurances. Cost-effectiveness analysis will always be a part of the healthcare industry and the medical technology. Public andprivate payments used because the public is the revenue of the federal and the state government. The federaland the state government managed the cares of the programs of Medicare and Medicaid. The private payers are through large corporations, and it is hurting the hospitals because of itsfinancial risks of all the discounts, capital rates and restrictions on the reimbursements. The paymentssources and mechanism will be the government reimbursements and the funding of the teaching of themedical education. Private insurance will still be making payments, but I have heard it takes a long time forpayments in the healthcare industry. Cash will collected and use all the technology that are still be used tocollect all fees. Analyze what you think will be the biggest changes in the health care industry in the next 10yearsThe biggest changes in the health care industry in the next ten years will be the healthcare delivery will be more convenient to the patient and more affordable. I think they would have more services for the patients to get to their appointment on time, and they would have all narcotics medicine wipe out for patientswith chronic pains. The FDA was making changes because of the abuse that is taken place here in the UnitedStates. The FDA feels like the drug abused by many ways such as selling the medications and abusing it by taking too much of it. Home Care for patients will be wiped out I feel like it will be because every year they go down on payment for the providers. There will be monitoring for chronic patients through a phone app ormaybe through a new technology that the FDA will come up with for the physicians. I believe the healthcare
Running Head: The Health Care Industry 11industry will expand their ER departments where they could see more patients quickly and more efficiently.