Tag: healthcare market

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.

Global Healthcare Conference

Healthcare management from the private market and government departments will discuss improvement of global efforts to implement GS1 Standards that improve individual safety, provide chain security and efficiency during the International GS1 Healthcare Conference going on in San Francisco, Oct 1-3, 2013, at the Hilton San Francisco Financial District. Speakers from the U.S. Food and Drug Administration (FDA), California Board of Pharmacy, McKesson, Johnson & Johnson, Mercy, Pfizer and Premier will discuss best methods for applying GS1 Standards in healthcare.

More than 250 members from medical centers, producers, providers, market companies, government and regulating companies from 25 countries are expected to attend the conference. The three-day conference, designed “GS1 Standards in Action,” is organized by GS1 Healthcare US, an industry standards team targeted on driving the execution of GS1 Standards in the United States. “With individual safety at stake, market and government authorities globally are in lock-step to create techniques that will enable healthcare members to take better charge of the product information that flows throughout the supply chain, both locally and worldwide,” said Eileen Pheney, vice chairman of healthcare, GS1 US. “The conference offers global healthcare supply chain professionals understanding about standards execution techniques and improvement as well as market and regulating improvements in automatic recognition, traceability and information synchronization.”

Speakers represent multiple facets of the international healthcare supply chain, hailing from government departments, regulating bodies, medical industry companies, U.S. team purchasing companies, medical centers, producers, providers and retailers. Features include:

  • An opening plenary period targeted on unique device identification (UDI) with speakers from the U.S. FDA, the Japanese people Ministry for Health Welfare  and Labor and others.
  • A period targeted on medical center execution of GS1 Standards, with demonstrations by providers such as Whim (U.S.) and Hospital Aleman (Argentina).
  • Presentations by international companies and regulating companies, such as the World Customs Organization and California Board of Pharmacy.
  • Perspectives from providers, such as Johnson & Johnson, Pfizer, and McKesson.
  • Closing keynote about bedside scanning by Mark Neuenschwander, an expert in drug providing automated and bar code point-of-care systems.

Growth of In-Home Senior Care

The impressive number of elderly people across the nation opting to stay in their own houses as they age is developing a positive impact on the economy, driving growth not only for businesses that are dedicated to various aspects of senior care, but also resulting in significant job creation. By 2020, the rankings of house wellness and individual care aides will have grown by more than 1.3 million, according to the Bureau of Labor Statistics. BrightStar Care, a full-service house care series that provides both healthcare and non-medical care to sufferers from babies to elderly people, has hired more than 23,000 people since 2011, developing 10,000-12,000 jobs each season, with programs to create 60,000 new jobs over the next five years.

In addition, according to majority of folks by the U.S. Census Bureau, the healthcare market generated $1.7 billion dollars in complete revenue this year and included nearly 17 million jobs across the United States. BrightStar Care is supporting these statistics with 258 franchised and corporate locations across 36 states. In total, BrightStar Care utilizes more than 16,000 healthcare teams, certified nursing assistants (CNAs), and home health aides (HHAs), including 2,000 RNs, 2,300 Licensed Practical Nurses (LPNs) and Licensed Vocational Nurses (LVNs). Nearly all adults over the age of 50 feel that staying in their own houses as they age is important, according to a latest survey by AARP. With the demand for in-home senior care rising, in addition to the fact that the in-home healthcare profession provides flexible working hours and the ability to develop strong, individual relationships with sufferers, the market is growing.

“Each year, more and more elderly people are starting the process of ‘ageing in place’,” explained Shelly Sun, Co-Founder and CEO of BrightStar Care. “At the same time, many healthcare teams are looking into alternative career options to working in a hospital. BrightStar Care is one of the only in-home healthcare care businesses that provide highly-skilled therapy to sufferers in their houses, allowing healthcare teams to utilize their skills in a non-traditional, growing sector of the market.” BrightStar Care identifies a need within the healthcare care market for homecare solutions that offer high-level, medical skills. Consumers are looking for expert and sympathetic care that only BrightStar Care provides.