Tag: Changing the Healthcare Industry

5 Biggest Issues in Healthcare Today

The healthcare industry has experienced a lot of interesting changes during the last few years, and it will not exempt 2015.

However, there are still a lot of major healthcare programs being practiced all over the world. There are still recurrent issues concerning healthcare today. In this article, we will discuss more about the 5 biggest issues in healthcare.

Wasted Health Funds
According to the recent report of Institute of Medicine Health, there are billions of dollars of health costs that are being wasted each year. Some of the funds were used for unnecessary programs.

Excessive and Needless Care Rendered
Half of all healthcare costs were used for unnecessary and excessive health care. According to the American College of Obstetricians, these healthcare issues have been around for more than a decade. A lot of healthcare organizations carried this burden for so long yet did not dare to do something to fix it.

Chronic Disease Rates Are Extremely High
According to recent surveys, out of the seven countries being examined, Americans have the second highest rate of chronic disease next to Australians. Where in fact, Americans pay the most expensive healthcare costs. How did it happen? Authorities were not able to focus more on preventive care. Majority of adult Americans are becoming at risk to diseases and illnesses due to lack of healthcare support.

Preventable Harm to Patients
This is considered to be one of the most common healthcare problems. According to research, one of four health insurance recipients that were admitted suffers harm during their hospital stay.

Absence of Transparency
Transparency stimulates healthcare change like nothing more. Regardless of getting a lot of warnings from respected national health organizations and other medical societies, the rates of healthcare problems continues to rise. There were a lot of early elective deliveries reported since 2010 but were not taken care of due to unexplained loss of funds.

Healthcare Waste Management

Hospitals can efficiently protect public health by lessening the quantity and toxicity of the wastes they generate, and also by employing a variety of ecologically sound waste management and disposal alternatives. As part of a healthcare program, they must not only focus on treating the patients inside the hospital, but protecting citizens as well outside from harmful waste materials.

All over the world, health care waste management is underfunded and inadequately executed. The merging of contagious and other dangerous properties of medical waste symbolize a significant environmental and public overall health threat. It is indeed frightening to think that chemicals and other toxic substances may reach our neighborhood. A current literature review came to the conclusion that over half the world’s population is in danger from illness caused by healthcare waste. It was also found that plenty of inadequate waste treatment methods cause violation of fundamental human rights.

There is certainly no international convention that directly addresses medical waste management, so classification systems vary from country to country. Nevertheless, waste is frequently categorized based on the risk it carries. The vast majority of medical waste (around 75-85%) is comparable to normal municipal waste and also considered as low risk, unless burnt. The rest consists of more harmful forms of medical wastes, which include infectious and sharp waste, chemical and radioactive waste and hospital waste water.

Burning medical waste products creates numerous hazardous fumes and compounds, such as hydrochloric acid, dioxins and furans, as well as the toxic metal lead, cadmium, and mercury. The disposal of biodegradable waste produces greenhouse gas pollutants, including methane, which can be twenty-one times stronger than carbon dioxide. The government, as well as international organizations, must have a strong stand in managing hospital waste materials. This is to improve the quality of healthcare and avoiding possible spread of diseases in the community.

Improvements in Healthcare

A 16 year old girl was diagnosed with an autoimmune disease. The emergency room felt like home for her. The physician explained her condition where her immune system is acting abnormally. He added that antibodies are savagely killing her platelets. Death from over bleeding may occur. At an early age, Kelly had undergone several major surgeries and countless hospitalizations.

Autoimmune disease is one of the leading causes of death among women from all age groups. It is categorized as a chronic illness that can either be debilitating or life-threatening. Kelly and millions of Americans live with such medical nightmare. A few years ago, medical advancement modified dramatically. Unfortunately, most doctors are not aware of these changes. For instance, if laparoscopic surgery (a procedure that could reduce several surgeries into one) was known by Kelly’s doctor, she would have saved time and money. Not to mention the discovery of new pipeline treatments, that soon could lead to a whole new type of drugs. This new drug could have exempted her from surgery.

Technology is very obvious, but total application in medicinal sense is not fully widespread. We will now discuss some of the new improvements in healthcare that are readily available to use.

3D Printing
Three dimensional printed models help doctors prepare for transplants and conduct surgery smoothly. In addition, it makes the procedures a lot more accurate. CT scan images are helpful, but 3D models enable the doctor to hold and see the “real thing”, giving them confidence over their procedures.

Medical Robots
Robotic technology is utilized for certain functions like food service, medication distribution, infection control, surgery and diagnostics. Proponents contend that robots can bring many advantages since artificial intelligence can cut labor cost, increase precision, create clinical outcomes and substitute humans from unsafe situations.

Scanadu (real-life Tricorder)
A Scanadu makes the diagnostic process of basic medical stats convenient (like pulse rate, temperature, and blood oxygenation). With the use of this new machine, you can be diagnosed at the comfort of your home. It analyzes data, diagnose the problem, and send the information to a physician that can possibly provide treatment remotely.

Advanced technology has presented physicians countless of better medical options that could save, if not millions, thousands of thousands of lives every day. It is readily available, just waiting for us to discover them making healthcare a lot better.

 

Healthcare Problems

Healthcare has been a major issue for most countries including the USA. Though the issues are not as huge as compared to poor countries, it still has an effect on the system and the health of the citizens in general. Amongst the major problems in relation to healthcare are the cost and the accessibility to health insurance. There are many other issues aside from this, but we will be focusing first on this issue.

The cost of healthcare is not as affordable as compared to other countries that are subsidized, most if not all, the expenses for any health related concerns. There are many reasons why the cost is high. Healthcare professionals, medicine manufacturers and suppliers and service providers will charge a cost or fee that will give them a reasonable profit or else they will invest in other areas.

Doctors charge excessive rates just to reimburse the expenses they used with their education. It’s virtually impossible to get a medical education in America without winding up with many years of debt.  Another explanation would be that the US is really a litigious society, and also to safeguard themselves, doctors need to pay high malpractice insurance rates.

In knowing the explanation of high medical costs, you have to consider insurance in addition to time and materials. Private health insurance companies don’t run a business to facilitate healthcare, but, like drug companies, to create profits for their employees and investors. Just to create a profit, they often deny coverage to those who have problems with their insurance that may result in claims. They even deny legitimate claims by making the procedure for compensation difficult. They offer guidelines which have high insurance deductibles and minimal insurance coverage.

Healthcare is a business and will require financials in order to function. Without it, services will surely be affected with reduced quality and efficiency. To be able to deal with this problem the government must be able to find a way to reduce the cost of education for doctors, support researches that will lead to affordable and more efficient medicine and services, and create a system that will benefit both the providers and the people.

Ways Technology Is Improving Healthcare

It is undeniable that more and more people are depending on the internet to inquire about their medical conditions. Healthcare has been using the internet as a medium for people to get in contact with the necessary information they needed. The internet is a good source of medical information, from symptoms, as well as treatments and medicines. It is of course not advisable to depend on the internet and avoid the doctor, it is somehow an immediate source of information on what they are about to do next.

Healthcare facilities like hospitals and other facilities are using the social media to get connected with the patients. Through the social media, they are able to inform the public the services they offer, their available facilities and answer patients’ queries. Technology has been able to improve the facilities, equipments, medicines and treatments offered by hospitals today. Through this, they are able to save more lives.

Information Technology has made patient care secure and more efficient than it was before. Hand-held computers are now being used by nurses and physicians to trace a patient’s medical history and check that they are administering the correct treatment. Results of lab tests, records medicine orders and vital signs are all automatically put into a main record that can be checked and updated. Many healthcare institutions are using electronic health records. It is much easier to access patients’ information to make more accurate medications and treatments.

Electronic databases are used to consolidate large amounts of information that are used for health research. By studying patient history, scientists can have a better understanding of trends and causes of ailments. Technology can reach more milestones in the future and could lead to more breakthroughs. It has no limits and its capability has not yet been fully achieved.

Healthcare Spending Growth Rate is Slowing Down in the US

Though expenditure previously increased at a high yearly rate, the growth in healthcare spending has slowed down to a great extent in the past decade. This is a new report revealed by The Lancet.  More than any country in the world, the US expends more on healthcare per capita. This report may come as surprising news since a great deal of reforms have been put into place recently to stretch healthcare coverage across the nation which led  to the reduction of the number of people with no medical insurance.  In a comparison made by the Organization for Economic Cooperation and Development (OECD) about the spending and policies of the US along with five other high-spending countries, they found out that America’s spending growth rate dropped to 1% in the last 10 years which is almost the same as the average growth rate in other countries.

According to Luca Lorenzoni, author of the study, the disparity in healthcare spending between the US and the other countries with the same level of income could be due to health sector prices for hospital care and prescription medicines, among others, that are comparatively higher in the US. The gains made in the reduction of healthcare spending can be caused by the price movement, for example, the increased utilization of affordable drugs and the cutback on growth in physician reimbursement rates, the authors concluded.

The OECD is an international group whose aim is to “promote policies that will improve the economic and social well-being of people around the world.” According to them, further economic recovery could bring unfavorable effect on the slowing down of health care spending. The progress found in the study is no reason to be confident in this area. They suggest measures including price controls on Medicare and Medicaid should be considered to avoid potential increases in costs caused by an improving economy.

Healthcare Problems

Charles Krauthammer provided us all advice when he recommended that we should neglect what President Obama says and focus on what he does. The reality is that very little that Obama peddled to America when he was attempting to gain support for the Affordable Healthcare Act was true. What is going to happen to many People in America in the next months and years is what individuals should be focused on. We might want to consider some of the following, because it may affect us all, one way or the other.

As many as one-half of all American doctors may refuse to join the healthcare transactions. Without doctors, it will be a very hard to make the transactions work and guarantees long waits to see a doctor.

The White House and surrogates say a few individuals will lose their healthcare coverage. The estimate of a 5% cancellation rate would signify about 16 million individuals, or about one-half the number of the uninsured that was originally used to rationalize this problem. Each cancellation provides with it a tale and for some, a complete loss of insurance plan and lack of ability to get treatment. And perhaps as many as a third of the population could be affected once the employer mandates kick in.

The government gets to decide on the details of healthcare coverage each resident will be needed to buy. An older woman may be needed to buy pre-natal coverage; a younger man may be needed to buy coverage for geriatric care. The Affordable Care Act does not differentiate between the needs of the younger and the old, or the sex of the policy-holder, or the needs and wishes of the individual. It is an all-encompassing, like it program, because there is no leaving it.

In order for the program to work, younger, healthy individuals must buy the government required insurance policy. Since most adolescents have no medical problems and the penalty enforced is much less expensive than buying the actual policy, many will no doubt opt to pay the penalty. The fact that previous medical conditions cannot remove one from buying insurance plan makes the choice to pay the penalty and wait until the need for healthcare insurance coverage occurs, a no-brainer.

Start-Ups Changing the Healthcare Industry

Few sectors stand to gain more from recent enhancements in technological innovation (and certain federal legislation) than healthcare. In 2014 and beyond, consumers will finally start to benefit from some of the enhancements that have been changing over the last year, from 3D prosthetics to cutting-edge DNA testing. Here are some stats: Family care providers offer 83 percent of senior care in the U.S. each year and these family care providers spend about $5,000 and devote 1,000 hours to offer proper care to their families. If care provider mistakes were reduced, which could potentially reduce Medicare expenses, then $60 billion dollars in avoidable healthcare expenses could be removed.

A portion of the Affordable Care Act makes it a requirement that healthcare providers switch to electronic medical records, so there have been several start-ups offering services in that world, including Practice Fusion and CareCloud. The appearance of 3D-printed prosthetics symbolizes a major landmark in not just the performance and appearance of artificial limbs, but also the availability of them. Over the last season, a number of powerful applications of big information approaches to healthcare problems have appeared as appealing solutions. Start-ups are using quantified self information to fix infertility (Glow), running big information analysis on differential diagnoses for cancer treatments (HC Pathways) and applying ad tech techniques to find connections in disease treatment (Flatiron Health).

The Supreme Court decided against the patent-ability of naturally sourced human genes this previous June. This previously meant that companies were able to patent a particular gene series that associated to a particular hazard to wellness or drug sensitivity. Not amazingly, the patent certification was expensive for research and avoided bringing DNA testing to the public. The use of technological innovation to build better relationships, improve communication and identify early depending on EMR-integrated provider-patient programs captivates healthcare traders. Although the quantified self gets lots of attention, large sections of our population are not as tech-savvy and technological innovation needs to have concrete and immediate benefits for high adoption. The second trend is compliance-based technological innovation that allows patients to stay in therapy, receive consistent reviews and rely on a support network.