In: Economics
find a current article about any micro economics topic and explain the two sides of the topic using micro economics theories and your evaluation of the situation.
The selected article focuses upon
the demand and supply gap of the Physicians and growing number of
patients in the health care system. It is also playing a
contributory factor to the rising cost of health care. Such issues
in health care can be resolved by the innovative solutions such as
telemedicine, Medical advice from remote locations and presence of
trained staff in the health care facilities, as suggested by the
article.
Here, the demand of physicians in the USA is due to the growing
demand of the health care services in the USA. The worsening of the
situation is the tightening immigration norms that have made it
difficult for the physicians to come as immigrant. It caused the
shortage of demand and forced the health care facilities to follow
for the alternative ways to deliver the solutions.
In pursuit of it, they came out with skill based trained nursing
staff and other professionals and offering telemedicine services.
It helped the health care facilities to cope with the demand of
physicians. It is suggested that one demand crisis, gives different
ways to resolve the crisis by offering innovative solutions. Though
it can create the quality crisis also as trained professionals
cannot replace the position of physicians in the healthcare
setting.
Reference:
Conquering the Supply-Demand Crisis in Health care. Retrieved from:
<http://cliniciantoday.com/conquering-the-supply-demand-crisis-in-healthcare/>