Introduction
In the medical sector, economic problems play an important role, as they shape the overall capabilities of institutions, depending on what requirements are put forward for their qualified work. Thus, addressing and reliably eliminating financial bottlenecks is imperative to ensure clinics’ health. The issue of decreasing hospital admissions could have far-reaching implications for the healthcare sector, negatively impacting how patients are cared for. The impact of this aspect on work, organization, colleagues, and society is devastating.
Summary of Economic Issue
The number of hospitalizations tends to decrease due to systematic improvement in preventive care. Thus, introducing telemedicine and measuring patient care preferences may hurt the broad shift toward decentralizing the healthcare system (Bonderud, 2021). This affects the work as medical institutions must adapt to changes, which can lead to the dismissal of many employees due to a decrease in the load on the system.
In addition, the organization may be affected by the problem, as a decrease in hospitalization is reflected in a decrease in institutions’ profitability. Hospitals rely on inpatient care to ensure financial sustainability. Therefore, lowering this aspect may contribute to the organization’s economy being at risk.
The situation under consideration will also affect colleagues as many employees may need retraining due to a change in the type of activity in the clinic. Employment and permanent job security are also declining due to lower client flow. All this can affect society as changes in medicine lead to a slowdown in diagnosis and a decrease in the quality of care. The solution to this problem is possible by adapting and analyzing the changing situation in medical services (Parker et al., 2020). Bottlenecks in this regard may be the lack of comprehensive strategies and commitment to change in health facilities.
Disparities
Reducing hospital admissions and adapting clinics to such conditions can put low-income individuals at risk. Such persons may often face problems accessing preventive measures due to poor living conditions (Kanter et al., 2020). If they live in remote areas, this can also provoke the impossibility of timely diagnosis of the disease, leading to a deterioration in health. A decrease in hospitalization will affect how quickly this category of people can receive medical care.
Thus, this problem becomes significant for them because of poor internet or equipment, which results in their inability to use telemedicine. The problem also affects underinsured people or those without health insurance. This population does not always turn to clinics for problems due to high costs (Kanter et al., 2020).
The decline in hospital admissions is indicated by the problem that such groups of people may not receive the necessary care if needed. Minorities may also be at risk as they often live in isolated communities (Butler et al., 2021). Hence, isolation is an obstacle for them in obtaining medical care.
Potential Change and Implementation Plans
Health systems are primarily exposed to external factors that can influence them. Some scientists note that in this regard, it is necessary to ensure economic sustainability that will improve the productivity of clinics. A sustained decline in hospital admissions could lead to financial instability in hospitals, which needs to be addressed by creating a financial system that can withstand crises (Bonderud, 2021).
In addition, a shift towards outpatient services is also a potential solution, which could provide clinics with a profit from another source. Research shows that shifting the focus of clinics to other destinations during times of economic hardship can have a positive impact on how clinics cope with lower hospitalizations. Providing fair and equitable access to health care is also imperative for continuing the course of telemedicine. Thus, further improving digitalization will be possible, which will improve speed.
Predicted Outcomes
The results and economic opportunities are because clinics can diversify, allowing them to divide the existing problem correctly. This can contribute to the establishment of permanent economic growth. This aspect is essential in the context of the fact that clinics need a constant profit for their normal functioning (Bonderud, 2021). This way, they will get a more reliable financial basis due to the constant customer service.
The introduction of digitalization and expanding telemedicine services are sure ways to help patients receive more effective treatment. In this case, possible economic growth can be provided by the return on investment in e-medicine, which will allow faster service to a large number of customers. In addition, this method can significantly impact how medicine begins to develop under the influence of the active implementation of technical means.
Conclusion
The resolution of economic problems in the field of medicine is imperative to ensure the well-being of citizens. The issue of decreasing hospital admissions is a severe threat to the economic aspect of providing clinics. In this regard, it is necessary to develop a comprehensive plan to adapt and implement technical innovations to ensure financial sustainability. This can be done by strengthening telemedicine and diversifying into outpatient services. Thus, clinics will profit from several different sources independent of each other. This system can have a positive impact when developing the right implementation strategy.
References
Bonderud, D. (2021). How predictive analytics & modeling in healthcare boosts patient care. Health Tech. Web.
Butler, A., Covington, K., & Parsh, B. (2021). Identifying and tackling racial disparities in healthcare. Nursing2022, 51(9), 40-43. Web.
Kanter, G. P., Segal, A. G., & Groeneveld, P. W. (2020). Income disparities in access to critical care services: Study examines disparities in community intensive care unit beds by US communities’ median household income. Health Affairs, 39(8), 1362-1367. Web.
Parker, S., Arnautovska, U., Siskind, D., Dark, F., McKeon, G., Korman, N., & Harris, M. (2020). Community-care unit model of residential mental health rehabilitation services in Queensland, Australia: Pedicting outcomes of consumers 1-year post discharge. Epidemiology and Psychiatric Sciences, 29, e109. Web.