Introduction
Medical care delivery is a multifaceted process influenced by numerous internal and external variables. Examples of such factors include the healthcare industry’s budgetary constraints and the availability of relevant resources. Technology and healthcare regulation are two others. Executives in the healthcare industry face complex challenges as they attempt to meet competing priorities, including those of patients, their institutions, and the larger community. Thus, healthcare industry leaders are constantly called upon to implement creative and unique solutions that may effectively manage the wide range of demands influencing the sector.
Major forces affecting healthcare delivery today
A rapidly aging population, rising healthcare costs, a shift towards value-based care models, and the advent of cutting-edge technologies are all significantly impacting healthcare delivery today. Healthcare providers and other organizations that provide long-term care must be ready to meet the needs of an aging population (Hoiting, 2017). When faced with ever-increasing healthcare expenses, policymakers have little choice but to get creative in their hunt for cost-cutting strategies that do not negatively impact patient outcomes (Gann, 2018). Companies offering medical services must increasingly consider outcomes and expenses as the industry shifts towards value-based care models. The provision of healthcare is affected by this shift. Electronic health records, telemedicine, and artificial intelligence are all examples of cutting-edge technology that have the potential to alter the healthcare system drastically.
Impact of forces
The aging population offers leaders in the healthcare industry both possibilities and challenges. On the one hand, there is a growing need for healthcare services and long-term care, which presents businesses with the opportunity to develop new sources of revenue. On the other hand, this demographic frequently has complex medical demands that call for specialized care and attention to be provided for them. The ever-increasing costs of healthcare present executives in the healthcare industry with several opportunities and obstacles (Seckman, 2019). Keeping expenses under control while still delivering high-quality care is a challenge for many organizations, and meeting this challenge demands a focus on both efficiency and creativity. The movement towards value-based care models encourages healthcare businesses to focus on costs and outcomes, which can be a challenging goal to accomplish.
Challenges and opportunities for healthcare leaders
The limited financial resources available within the healthcare industry also play a crucial role in providing healthcare. The organizations that offer medical services are feeling the strain of the ever-increasing cost of medical treatment. Inadequate finance and a lack of expertise in debt management are only two examples of financial challenges that can severely limit healthcare providers’ ability to provide high-quality care (Rao-Gupta et al., 2018). In light of the current economic crisis, executives in the healthcare sector should consider the many leasing options open to them and how they can be of use to their organizations. Capital leases and operating leases are two types of leasing that can provide healthcare facilities with the tools they need to provide excellent patient care. To provide adequate care, these institutions require these materials and facilities. Leaders in the healthcare sector must ultimately evaluate the many elements impacting the industry and develop creative and new ideas to ensure their organization can provide excellent care at an affordable price.
Conclusion
The provision of healthcare services and care is consistently being challenged by various influences, both inside and outside the industry. These external factors have a significant bearing on the delivery and management of healthcare, which in turn has repercussions for healthcare industry leaders. This paper has covered the primary influences that are changing healthcare delivery, the opportunities and difficulties that these forces bring for healthcare professionals, and the several types of leases that could be explored for financial operations.
References
Gann, M. (2018). How informatics nurses use bar code technology to reduce medication errors. Nursing, 45(3), 60-66. https://doi.org/10.1097/01.nurse.0000458923.18468.37
Hoiting, T. (2017). Specimen Labeling Improvement Project. A digital Repository at Gleeson Library. Geschke Center. Derived from: https://repository.usfca.edu/cgi/viewcontent.cgi?article=1051&context=dnp
Rao-Gupta, S., Kruger, D., Leak, L., Tieman, L., & Manworren, R. (2018). Leveraging Interactive Patient Care Technology to Improve Pain Management Engagement. Pain Management Nursing, 19(3), 212-221. https://doi.org/10.1016/j.pmn.2017.11.002
Seckman, C. (2019). Summer Institute in Nursing Informatics 2019 Healthcare Informatics: Catalyst for Value-Driven Care Transitions. CIN: Computers, Informatics, Nursing, 37(11), 558-563. https://doi.org/10.1097/cin.0000000000000599
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