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Information about Health Care Industry

The health care industry or health profession is considered an industry or profession which includes peoples exercise of skill or judgment or the providing of a service related to the preservation or improvement of the health of individuals or the treatment or care of individuals who are injured, sick, disabled, or infirm. The delivery of modern health care depends on an expanding group of trained professionals coming together as an interdisciplinary team.[1][2]

History

Growth

The health care industry is one of the world's largest and fastest-growing industries.[3] Consuming over 10 percent of gross domestic product of most developed nations, health care can form an enormous part of a country's economy. In 2003, health care costs paid to hospitals, physicians, nursing homes, diagnostic laboratories, pharmacies, medical device manufacturers and other components of the health care system, consumed 15.3 percent[4] of the GDP of the United States, the largest of any country in the world. For United States, the health share of gross domestic product (GDP) is expected to hold steady in 2006 before resuming its historical upward trend, reaching 19.6 percent of GDP by 2016. [5] In 2001, for the OECD countries the average was 8.4 percent [6] with the United States (13.9%), Switzerland (10.9%), and Germany (10.7%) being the top three.

According to Celent, US healthcare expenditures totaled US$2.2 billion in 2006.[7] According to Health Affairs, USD$7,498 will be spent on every woman, man and child in the United States in 2007, 20 percent of all spending. Costs are projected to increase to $12,782 by 2016.[8]

Providers and professionals

Main article: Health care provider
A health care provider or health professional is an organization or person who delivers proper health care in a systematic way professionally to any individual in need of health care services.

Delivery of services

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The healthcare industry includes the delivery of health services by health care providers. Usually such services receive payment from the patient or from the patient's insurance company; although they may be government-financed (such as the National Health Service in the United Kingdom) or delivered by charities or volunteers, particularly in poorer countries. There are many ways of providing healthcare in the modern world. The most common way is face-to-face delivery, where care provider and patient see each other 'in the flesh'. This is what occurs in general medicine in most countries. However, healthcare is not always face-to-face; with modern telecommunications technology, in absentia health care is becoming more common. This could be when practitioner and patient communicate over the phone, video conferencing, the internet, email, text messages, or any other form of non-face-to-face communication.

See also

References

Notes

1. ^ Princeton University. (2007). health profession. Retrieved June 17, 2007, from [1]
2. ^ United States Department of Labor. (2007, February 27). Health Care Industry Information. Retrieved June 17, 2007, from [2]
3. ^ From the Henry J Kaiser Family Foundation
4. ^ From Centers for Medicare & Medicaid Services
5. ^ "The Not So Short Introduction to Health Care in US", by Nainil C. Chheda, published in February 2007, Accessed February 26, 2007.
6. ^ OECD data
7. ^ Celent Report: According to figures published by Celent 12 June 2007. See also Healthcare Transactions: What’s in the Forecast for Financial Institutions?.
8. ^ "Average 2016 health-care bill: $12,782" by Ricardo Alonso-Zalvidar Los Angeles Times February 21 2007
Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
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profession is an occupation, vocation or career where specialized knowledge of a subject, field, or science is applied.[1] It is usually applied to occupations that involve prolonged academic training and a formal qualification.
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A skill is the learnt capacity or talent to carry out pre-determined results often with the minimum outlay of time energy or both Examples include:
  • Academic skills
  • Reading

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In 1948, in its constitution, the World Health Organization (WHO) defined health as "a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity" [1].
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professional can be either a person in a profession (certain types of skilled work requiring formal training/education) or in sports (a sportsman/sportwoman doing sports for payment).
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Interdisciplinarity is the act of drawing from and integrating two or more academic disciplines, professions, technologies, departments, their methods and insights, in the pursuit of a common goal.
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gross domestic product, or GDP, is one of the ways for measuring the size of its economy. The GDP of a country is defined as the total market value of all final goods and services produced within a country in a given period of time (usually a calendar year).
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20th century - 21st century - 22nd century
1970s  1980s  1990s  - 2000s -  2010s  2020s  2030s
2000 2001 2002 - 2003 - 2004 2005 2006

2003 by topic:
News by month
Jan - Feb - Mar - Apr - May - Jun
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hospital is an institution for health care, often but not always providing for longer-term patient stays. Today, hospitals are usually funded by the state, health organizations (for profit or non-profit), health insurances or charities, including direct charitable donations.
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physician applies to a person who practices some type of medicine. Such medical practitioners are concerned with maintaining or restoring human health through the study, diagnosis and treatment of disease and injury, through both an area of knowledge
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worldwide view.


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A nursing home or skilled nursing facility (SNF), also known as a rest home
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In general, diagnosis (plural diagnoses) has two distinct dictionary definitions. The first definition is "the recognition of a disease or condition by its outward signs and symptoms", while the second definition is "the analysis of the underlying physiological/biochemical
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Pharmacy (from the Greek φάρμακον = drug) is the health profession that links the health sciences with the chemical sciences, and it is charged with ensuring the safe use of medication.
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gross domestic product, or GDP, is one of the ways for measuring the size of its economy. The GDP of a country is defined as the total market value of all final goods and services produced within a country in a given period of time (usually a calendar year).
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Motto
"In God We Trust"   (since 1956)
"E Pluribus Unum"   ("From Many, One"; Latin, traditional)
Anthem
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The Organisation for Economic Co-operation and Development (OECD), (in French: Organisation de coopération et de développement économiques; OCDE) is an international organisation of thirty countries that accept the principles of representative democracy and a free
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Motto
Unus pro omnibus, omnes pro uno (Latin) (traditional)[1]
"One for all, all for one"
Anthem
"Swiss Psalm"
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Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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United States dollar
dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano
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A health care provider or health professional is an organization or person who delivers proper health care in a systematic way professionally to any individual in need of health care services.
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patient is any person who receives medical attention, care, or treatment. The person is most often ill or injured and in need of treatment by a physician or other medical professional.
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National Health Service (NHS) is the publicly funded health care system In the United Kingdom. Each of the four constituent countries of the UK (England, Scotland, Wales, Northern Ireland) have their own NHS, each of which are run along the same lines but are managed
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Motto
"Dieu et mon droit" [2]   (French)
"God and my right"
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"God Save the Queen" [3]
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charitable organization (also known as a charity) is an organization with charitable purposes only. Trusts, foundations, unincorporated associations and in some jurisdictions specific types of companies, may be established for a charitable purpose or may acquire such purpose
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volunteer is someone who serves in a community or for the benefit of natural environment primarily because they choose to do so. Many serve through a non-profit organization – sometimes referred to as formal volunteering, but a significant number also serve less formally,
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Telecommunication is the transmission of signals over a distance for the purpose of communication. In modern times, this process typically involves the sending of electromagnetic waves by electronic transmitters, but in earlier times telecommunication may have involved the use of
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'in absentia health care'.

Health care without face-to-face contact

In absentia healthcare or distance medicine occurs when the patient and care giver are at different locations but still communicate by audio and video - or sometimes without any personal
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