Essay on The Field Of Healthcare Systems

1633 Words Jun 22nd, 2015 null Page
Quality translates into the ability to do a better job of producing quality goods and is critical when improving the efficiency of individual workers thereby allowing a company to become more competitive (Davis & Goetsch, 2010). The field of healthcare must improve its operations, technologies and human capital to ensure quality, competitiveness and ensure patient safety. Therefore, healthcare must adopt new and improved methods, technology and equipment to advance within their field. Healthcare systems have not been receptive to new technology and therefore have received products and services that were pushed onto them by the industry but new medical devices takes an average of 17 years for only 14% of the discoveries in medical technology to enter into the day-to-day clinical practice (Vowden, 2015). Yet to upgrade the technology within a small not-for-profit hospital would require a substantial cost to the organization in financial commitment and human capital. The financial cost would erode all financial surpluses within the system and leave a substantial debt that would have to be covered for many years into the future. In addition, the Board of Directors would have to approve the cost of the upgrade. Furthermore, the staff would have to be trained to ensure effective and correct utilization of the technology upgrade. Although many people blame medical technology for the rising cost within healthcare, these charges are not always merited because new innovate…

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