Why has the share of healthcare output produced by hospitals
Why has the share of healthcare output produced by hospitals fallen? Will this trend continue? What implications does this have for the careers of healthcare managers?
Solution
Mainly, Hospital operating cost such as Labor Wages, doctor salaries, admin salaries, electricity charges and maintenance charge are go for high, Second major reason is Drug price risen . Hospital are hike the charge but health care giving nominal amount covered by insurance plan, So hospitals are fallen. Mostly profit earning hospital having huge fall.
Temporarily it will continue but not for long time i) Hospitals realised its fallen and started to reduce the excess expenditure and situation has been under control
Careers of healthcare managers is potential and growth in their path, They have to motivate the patient and co operative with them, They are bridge between inside and outside person
Inside people : Doctor, Staff, Nurse, Light men/Women and some labors
outside people: Patient and visitors
They need knowledge about technology advance such in medical devices and they have to lead hospital finance in right way with positive.
