Hospitality in Healthcare

https://www.linkedin.com/pulse/hospitality-hospitals-service-excellence-patient-eric-rubino/

 

Healthcare industries must adopt new innovative products and services to keep up with the changing trends with the evolution of technology. With advanced technology seeming to come every day, it is essential for medical professionals to be able to have access to cutting-edge healthcare equipment, which is necessary to ensure quality medical care. Patients’ care and well-being are the top priority for any medical institution, pharmaceutical agency or insurance provider. Thus, by implementing technology into the design and development of products and services, medical professionals will be able to meet the unique healthcare demands of patients more efficiently. Essentially, technology plays a significant role in healthcare efficiency, and it is a vital part of the overall healthcare system.

With the federal and state policies is that there are initiatives that many public and private insurers have been affected with the new advances with technology and it has caused reallocations of fiscal resources with health insurance. There are so many trends when it comes to the nation’s health insurance not only through dictation on a federal level but legislative level as well. It seemed not long ago when private, and public insurers were in the process of adapting to numerous amounts of initiatives, which fell in line with the Affordable Care Act and Centers for Medicare and Medicaid Services with the efforts to rein with the high federal budget deficit (Larrat et al., 2012). The healthcare system has transformed, especially the nursing roles, and provides opportunities for nurses to participate in the shaping of the health care delivery system. The Affordable Care Act passage have seen the care delivery and financing systems undergoing significant transformations that will accelerate until the significant provisions of the legislation are implemented.

Positive Consumer-based Outlook

Efforts by the Medicare and the Medicaid cost containment, as the prospective payment system for hospitals and the resource, based relatively valuable scale for physician payment level, creating incentives to change sites where health care services provided and now provide services differently. With the passing of the Affordable Care Act, legislation has provided another opportunity in the consumer's eyes to see a range of changes in payment and delivery system designed to slow down the growing health care costs. In this healthcare industry, we are in a market where physicians dominate the distribution of hospital resources and even daily operations all relating to treatment. If you take a closer look, patients decided when to admit patients which influence that hospitals choice. Hospitals essentially compete for patients through efforts to attract physicians.

The market price becomes essential because the factor in acquiring managed care contracts and retaining a patient base, the providers must become price-sensitive. Insurance plans also compete for the cost to payers, quality of provider’s networks, screenings, and even assessments.

Negative Consumer-based Outlook

The past decades have seen a disproportionate amount of efforts focusing on the inpatient setting versus other settings in an aim to improve the quality of care. An assessment of the effects of the health care policy on the quality of healthcare delivery reflects a general dissatisfaction with the reforms in health care. Even when the implementation of the health care reforms is delayed, the delivery system will still depend on the healthcare practitioners in delivering the quality and safe care of patients to the increasing number of people. Medicare and Medicaid is the forefront in being a significant factor in sparing cuts to those less fortunate as part of the arrangement. There are many health-related agencies and programs are more vulnerable to planned budgets reductions. When it comes to cost, all costs should be recognized merely because policymakers are making an effort to consider the cost and benefits in which have new regulations as well as existing ones. Those with rules and politicians often will claim that these are there to protect the poorest and most vulnerable consumers. For the sparse population, regulations drive up the costs of businesses which result in higher prices which will equal harmful effects. Limited budget, food, energy, and service will affect the poor. The sparse population will also face a higher overall rate of inflation from all the goods that they can purchase. By going to more substantial prices, these will regulate products that will display higher volatility, low-income households with their budgets in harm. Policymakers need to understand that with the effects higher.

Conclusion

Many foundations and private entities have provided substantial support to strengthen the health care policy reforms (U.S. Department of Health & Human Service, 2010). Only time will tell as the healthcare delivery forces the market to continue to evolve. To prepare for the evolution of continues change some factors can be considered: practitioners are equipped with effective leadership; healthcare professionals continue to follow any regulatory guidance and Federal and State laws. Healthcare professionals also can participate in the development of the achievable vision, healthcare administration directing their attention to helping the environment as part of their duties, and support to take risks in enhancing the quality and overall efficiency of health care. The health-care profession is likely to make significant improvement rather than struggling during the health reform period. health care delivery forces the market to continue evolve, as do legal and regulatory changes that result from health reform legislation. In order for organizations to maintain their diligence they are gauging as well as following any regulatory guidance regarding Federal and State laws. This allows the complexity of healthcare regulatory unlikely to abate soon; because it is expected that all professionals are responsible for health care administration and will soon need direct attention to help legal environment as part of their duties.