Healthcare Industry

Dana Qablawi

History

  • The healthcare industry is made up of the companies who manufacture medical products or provide services

  • Hospitals make up around 2% but they make up 59% of the revenues earned

  • Healthcare systems are different in every country

  • The us healthcare system is ranked largest in the world and it is now worth $1.7 trillion but healthcare providers are starting to suffer because of rising costs and overpopulation

  • Started off as a way for people to learn the medical properties of plants through trial and error and the information that they gathered would be passed on to others who would continue to work on the findings.

  • When medicines are imported to different countries there are a lot of factors that come into play to determine how much of the medicine will be available, the accessibility of the medicine, and the price of it

    • Taxes, tariffs, import quotas, etc.

  • Patent protections are being placed and this can lead to higher prices which will make it harder for people living in third world countries to get treatments

Technological Changes

  • In the 19th century, during the industrial revolution, there were a lot of new technological discoveries in the world of medicine, these advances led to new and improved ways to diagnose and treat patients

  • New information technologies in the health industry helps to open doors for more research which will help to make the industry much more effective

  • IT usage has also helped to make patient care much safer and more reliable

  • New developments in software programs helps to classify illnesses, causes, and symptoms onto online databases

  • Some new developments include:

    • Microchip Modeling Clinical Trials

      • Aims to replace the use of animals in clinical trials and be able to accurately test the safety and efficiency of the treatment

      • These chips will be able to reconstruct the interface between organs and capillaries

    • 3D Printers

      • With the help of 3D printing tissue could be created and it would help test drugs and help in the growth of new organs.

      • Already been advances in developing skin to help patients and 3D printers can help to fast track by using laser printed skin cells

      • Blood vessels and sheets of cardiac tissue have already been printed and beat just like a real heart

New Processes

  • Marketing

    • Internet marketing has become essential to the healthcare industry since connecting with patients is one of the most important things to have a successful practice.

    • A new way to help manage an online market along with patient communication is having a healthcare marketing automation solution like SimplyCast 360 which will help to:

      • Gather and Organize New Patient Data

      • Send Out Personalized Patient Care Campaigns

      • Gather Valuable Patient Feedback

      • Gaining New Patients On Social Media
  • Distribution

    • Wholesale distribution is based on the one channel principle

      • Pharmacies or hospitals can only purchase the products from one wholesaler

    • Pharmacies are responsible for retail distribution

    • Hospital pharmacies or medicine dispensaries run by municipalities organize the medical services for the public sector

    • Vaccines that are listed in the national vaccination programme are free of charge from the healthcare systems while any other vaccine is bought by the patients from pharmacies

    • Availability of Medicines

      • National medicine policies ensure the availability of medicines and in order to do this there is a pharmaceutical emergency supply and obligatory storing systems

      • It's used to know which substances are covered by the system, and how large the volume can be

      • The system applies to pharmaceutical companies, importers of products, and healthcare units

New Attitudes and Trends

  • Environmental Awareness

    • A survey done in 2005 in Canada showed that about 24% of households had leftover or expired medications in their cabinets

    • National average is 40% of households disposed of medicines in the garbage, flushing them down the toilet, or burying them in the soil.

    • Exposure to drugs that aren't medically necessary can have long term effects on plants, animals, and humans

    • Risks

      • Drugs are not natural, even if the medication had come from an organic substance after it is transformed into a drug it is no longer organic

      • Most drugs cannot quickly decompose so it remains in our ecosystem and may even affect it

      • It could have a direct or indirect impact on both animal and human health

      • If antibiotics were to enter our ecosystem it may cause bacteria and funguses to grow more resistant, increasing rates of infections

      • To try and minimize exposure hospitals and medical centres control all handling of the medications during treatment and dispose of any excess but now some patients are required to take the medications home
  • Health Concerns

    • People who suffer from medical issues are given medications to help but sometimes those patients start to suffer from addiction

    • Once addicted the drug abuse may cause damaging long term effects to the body

    • Some may cause cancer while others such as inhalants may damage or destroy nerve cell

    • Patients who suffer from mental illnesses may also become addicted

      • Consequences of addiction

        • Negative effects of prenatal drug exposure on infants/children

        • Negative effects of secondhand smoking

        • Increased spread of infectious diseases

  • Social Awareness

    • Awareness in the health industry is crucial since they deal with patients on a daily basis

    • They have to make sure that they don't offend the patient

    • Healthcare workers need to be able to respect a person's cultural beliefs and bring in the culture of medicine

    • They need to be socially aware of a person's ethnicity, nationality, age, religion, gender, and any disabilities they may have

    • For example if a handicapped person comes into a doctor's office it must be easily accessible for them

    • There are a lot of minorities that receive no medical care or if they do receive the care they are treated very rudely

    • The lack of cultural competence of healthcare workers is one of the contributing factors as to why these minorities do not receive the healthcare they deserve

    • Along with being socially aware of their patients, health care providers are working towards making the world as a whole more aware of mental and physical illness.