The healthcare industry in America is enormous and still growing. Forecasts show that it’ll grow to $8.7 trillion by 2022, up from $7 trillion in 2015. Pharmaceutical companies will be the largest beneficiaries of this growth. However, even with this exponential growth and opportunities ahead, the healthcare industry is not without challenges. Some of these.
The world has changed. As technology continues to improve, incredible amounts of data are being collected and analyzed across all sectors of business. Healthcare in particular holds massive stores of information with the potential to revolutionize patient care in amazing ways. Yet humans are not efficient when sifting through these complex electronic mountains – artificial.
The COVID-19 pandemic delivered a new era in the world of healthcare work. Staffing firms pivoted quickly to manage the demand for workers as the pandemic raced across the country. Demand increased for travel nures and respiratory therapy, while it decreased for many temporary specialists and therapists. As the country began to reopen, non-COVID-related care.
As we look back on the first half of 2021, it is clear that healthcare changed at rapid rates. Not entirely out of the circumstances surrounding the global pandemic, but because of advancements in technology. While technology drives a lot of the healthcare industry, there are economic trends that are affecting healthcare as a whole..
Owning and operating a medical practice is one of the most complicated and complex businesses to run. The challenges are partially due to the rising overhead costs that have increased in the last 15 years. The top 5 business costs for healthcare practices are: Support staff salary and benefits Medical/Surgical supplies Facility expenses Technology (EHR,.
Transparency in healthcare is open, truthful communication between the healthcare system, employees, and patients. Access to information and user-friendly data is crucial for practices to stay open and grow.