The United States Health care system can be looked upon as the land of opportunity. The United States health care industry is single handedly the largest employer in the country. According to the Data presented by the World Bank the gross domestic product for health expenditure in the United States was 17.1% in 2013(World Bank). The opportunity for administrators and third party payers is endless. In the free market, business organizations would be drooling at the market opportunity that the U.S. health care system presents. The United States hold key strengths in comparison to other countries such as Germany and Canada, like technology advancements, skilled medical professionals, Economic/Political conditions, and the increasing demand
…show more content…
Health care technology can be measured as a cycle amongst other countries; meaning the first to adopt, and the last to adopt. The United States has demonstrated throughout history, they are the early adopters dating back to the early 1990’s. As new medical advances were being discovered and implemented, the U.S. paved the way in comparison to Germany and Canada. In examining three medical technologies as open heart surgery, organ transplantation, and radiation therapy amongst the countries we discover vast differences. In comparison to open heart surgery units the U.S. had a total of 793 available units in comparison to Canada at 32 units with Germany at 45 units. Organ transplantation units were at 319 compared to Canada and Germany at 28. Examining the last example of radiation therapy units in the U.S. outweighed the other 2 countries by 700 units. No matter where the technology originates, the importance lies in the fact, of which technology is accessible to the designated population. This also aligns with the strength that the United States is better suited to serve a growing population, which is later discussed in economic and political …show more content…
being one of the fastest growing technology platform gives countries administrators and third party payer’s vast advantages. In using electronic health record as an example, which generates easy accessible medical information into a computerized database, has produced advantages from an administrative standpoint. This is an administrator’s dream by giving them the necessary data to improve their organizations. These EHR infrastructures have constructed appointment reminders and screening tools leading to preventative treatment options in comparison to expensive treatment plans. This is essential enough for third party payers who are dodging long term costly treatment plans and medications. The administrator also reduces legal risks by elimination of human error due to computer built infrastructure. Compatible EHR systems studies have found that medication errors could be reduced by 86%. This later help’s administrators implement standardization of quality indicators amongst multiple organizations or locations. The amount research being built due to technology is endless and it opens up further life-saving technology; built upon research
Health care technology can be measured as a cycle amongst other countries; meaning the first to adopt, and the last to adopt. The United States has demonstrated throughout history, they are the early adopters dating back to the early 1990’s. As new medical advances were being discovered and implemented, the U.S. paved the way in comparison to Germany and Canada. In examining three medical technologies as open heart surgery, organ transplantation, and radiation therapy amongst the countries we discover vast differences. In comparison to open heart surgery units the U.S. had a total of 793 available units in comparison to Canada at 32 units with Germany at 45 units. Organ transplantation units were at 319 compared to Canada and Germany at 28. Examining the last example of radiation therapy units in the U.S. outweighed the other 2 countries by 700 units. No matter where the technology originates, the importance lies in the fact, of which technology is accessible to the designated population. This also aligns with the strength that the United States is better suited to serve a growing population, which is later discussed in economic and political …show more content…
being one of the fastest growing technology platform gives countries administrators and third party payer’s vast advantages. In using electronic health record as an example, which generates easy accessible medical information into a computerized database, has produced advantages from an administrative standpoint. This is an administrator’s dream by giving them the necessary data to improve their organizations. These EHR infrastructures have constructed appointment reminders and screening tools leading to preventative treatment options in comparison to expensive treatment plans. This is essential enough for third party payers who are dodging long term costly treatment plans and medications. The administrator also reduces legal risks by elimination of human error due to computer built infrastructure. Compatible EHR systems studies have found that medication errors could be reduced by 86%. This later help’s administrators implement standardization of quality indicators amongst multiple organizations or locations. The amount research being built due to technology is endless and it opens up further life-saving technology; built upon research