The Growing Demand for Medical Services
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Description
The population is growing; we are aging; and more and more individuals have not curable acute illnesses but complex, chronic conditions that will persist for life. As a result there is a need for more and more medical services including physicians, other care givers, hospitals, ICU beds and high tech equipment. And there is a critical need for a change from our acute care approaches to disease and care management, team-based care and better coordination of care.
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Here is a new megatrend. There will be a wave of new hospital mergers in the coming years. Hospitals need to access capital in order to purchase expensive equipment and build new facilities. But margins are getting very thin and access is very difficult for the smaller, stand alone hospital. So...
Published 06/17/08
Published 06/17/08
We do not have enough primary care physicians [PCPs] and the shortage is especially acute in rural and urban poor areas. In the USA there are about 30% PCPs and 70% specialists. In other countries of the developed world, the ratio is the opposite. And PCPs now need to attend to many more patients...
Published 06/06/08