Management

Running head : HEALTHCARE MANAGEMENTHealthc atomic number 18 Student s nameInstitution1 ) What do you call back the top 3 follow drivers leave be as the baby boomer generation continues to ageIf the trend observed from the look into is to be extrapolated then the scenario of approach drivers will probably stay the same with the most important be drivers being supplier commercialize Structure , Physician and Specialist Supply and TechnologiesProvider Market StructureDepending on the supply and ownership of aesculapian serve facilities for both outpatientAnd otherwise , there is and there will be a bigger overall outpatient expense due to the profit predilection of the owners of the health care facilityPhysician and specialiser supplyI think that the number of physicians or specialists in a particular field , can be aHighly epochal driver of be in healthcare facilities . This is because physician and specialist supply affects healthcare expenditures and the cost of all other healthcare servicesTreatment Patterns and TechnologyDifferences and changes in technologies and practices will be a major deciding(prenominal) of outpatientSpending . While technological innovation in itself can tolerate to the cost of healthcare both positively and negatively , on close examination it can be found that applied acquirement to increase outpatient costs due to the fact that specialized equipment and practices are done by specialists who are paid .

Effectively increase the cost2 ) What would personally determine to be your top 3 cost drivers and how you would make healthcare activity based costing decisions to stimulate those costs downFrom a personal observation , technology , grocery store inflation and demographics seem to me to be the top cost drivers for healthcare activitiesTechnology , by virtue that it is ever dynamic has the greatest effectiveness to increase the cost of healthcare in that the cost of buying and maintaining the new equipments is prohibitiveDemographicswhile demographics and the general economic conditions may not significantly influence the costs of healthcare and other medical resources , it tolerate , in a way to the availability of physicians and specialists in an theatre which leads indirectly to the cost of maintaining the personnel and other equipment which are shove conduct to the outpatients as healthcare costs3 ) How will technology affect healthcare cost drivers going forwardMedical technology as a healthcare cost driver encompasses drugs biologics , devices , equipment and medical and surgical procedures . The availability of new approaches equipment has led to increased expenditure by patients who require delicate and full of life surgical or other procedures . Some of the factors that are fuelling this innovation of new technology are : advances in engineering and science , the third party payment policies , competition between medical suppliers which have led other healthcare providers to provide widen state-of-the-art care and physicians who are specially trained . This will in turn make the new medical technologies just in areas of prevention , diagnosis palliation , screening , renewal and diagnosis . Technology will increase the cost of healthcare as well as increase the volume of services providing incentives to increase volume and thus mitigate the high costs of acquisitions...If you want to get a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .