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In: Nursing

"Big Business of Healthcare and You" discuss what you found interesting about that part of the...

"Big Business of Healthcare and You"

discuss what you found interesting about that part of the reading and why. How will this learning affect your work in health care?

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Expert Solution

Q. "Big Business of Healthcare and You"

discuss what you found interesting about that part of the reading and why. How will this learning affect your work in health care?

A. Now a days healthcare is a business term. It organizes doctor's and patients Into a system where relationship can be financially exploited and much money extracted by hospitals, clinics, health insurers and pharmaceutical industry and medical device manufacturers.

Health care business usually deal with reimbursement, fee schedules, billing system's, managed care contracts and operational issues.

The factors affects the health care includes poverty and it's correlates, geographic area of residence, race, ethnicity, sex, age, language spoken and disability status. The ability to access care-availability, timely and convenient and affordable. The health care providers offer patient's a unique service but that fact alone does not guarantee their success.


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