Current federal policy actually encourages competition amongst healthcare organizations and providers. This is in disagreement with...

Current federal policy actually encourages competition amongst healthcare organizations and providers. This is in disagreement with the current trend of hospital mergers and acquisitions. So, the question is what is the impact of competition on the delivery of care? Discuss the origins of non-price competition. Compare this to the new trend of price competition. Discuss the impact of this switch? In what way do the patients, providers, and organizations benefit? Is there one group that doesn’t?

Expert Solution

Consistent competition in the Healthcare industry is directly driving the change in the overall Health Care provision and the way the Healthcare is provided. Availability of technological advancement as well as tools and techniques to influence the patients are creating a huge difference in operational conditions of new medical facilities. Competition is consistently increasing which is creating a negative impact on availability of opportunities for different medical facilities as well as directly affecting overall price of the Medicare as per it is divided into different plans. Technological advancement does have increase the quality of the Medical Services but it has also played a very important role in increasing the overall level of influence and awareness of the specific job profile in the respective environment.
Previously the organisations were delivering the services on the basis of the care and the quality of care given to the patient. Now price is the second determinant of the quality. Most organisations are assist with the criteria of price where higher the price better the service concept is heavily used. G this is specific structure of pricing is definitely decreasing the overall quality of care directly creating a competitive just like any other form operating in general condition.
P.S.- Please leave a comment if any explanation is needed.

keosha answered 11 months ago

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