Introduction
The healthcare industry is constantly exploring innovative strategies to enhance the availability of medical treatment and deliver high-quality patient care. Healthcare providers in California have adopted various initiatives to increase access to healthcare services. The innovations include Medicaid funding, charter schools free clinic sponsorship, and medical centers (MCs) development. Among these strategies, the development of MCs has the best chance of improving access to healthcare services.
Discussion
One economic principle that supports this argument is economies of scale. The development of these MCs would allow for the consolidation of healthcare services into a single location, reducing the costs associated with providing these services (Kamdar et al., 2020). It, in turn, would lead to lower healthcare costs for patients, making access to care more affordable. Additionally, the outpatient focus of these MCs would reduce the need for inpatient care, which usually incurs higher costs compared to outpatient treatment.
Another economic principle that supports this argument is market competition. By offering flexible service options and partnering with physicians, these MCs could provide more comprehensive healthcare services, increasing competition in California’s healthcare market (Srinivasan et al., 2020). The competition expanding the scale of the service can bring accessible manner to underserved communities of California. It would pressure other healthcare providers to improve their services and reduce costs, leading to greater patient care access.
Developing these MCs would also allow for the efficient use of resources. By consolidating healthcare services into a single location, the MC could effectively allocate its resources, reducing waste and improving the quality of care provided (Yang et al., 2020). The importance of resource management is crucial since the cost is high, and its scarcity puts limitations on utilization. It would also lead to improved patient health outcomes, as they would have access to more comprehensive and efficient healthcare services.
Conclusion
The development of MCs with an outpatient focus and flexible service options has the best chance of improving access to healthcare services, as it takes advantage of economic principles such as economies of scale, market competition, and efficient resource allocation. The healthcare sector must be innovative and proactive in addressing the challenges of providing access to care, and this strategy presents a promising solution.
References
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Srinivasan, M., Asch, S., Vilendrer, S., Thomas, S. C., Bajra, R., Barman, L., Edwards, L. M., Filipowicz, H., Giang, L., Jee, O., Mahoney, M., Nelligan, I., Phadke, A. J., Torres, E., & Artandi, M. (2020). Qualitative assessment of rapid system transformation to primary care video visits at an academic medical center. Annals of Internal Medicine, 173(7), 527–535. Web.
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