Hce Swot Analysis 2014

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The following information is from the Centers for Medicaid & Medicare Services, it reflects historical expenditure information for the calendar 2014. • NHE grew 5.3% to $3.0 trillion in 2014, or $9,523 per person, and accounted for 17.5% of Gross Domestic Product (GDP). • Medicare spending grew 5.5% to $618.7 billion in 2014, or 20 percent of total NHE. • Medicaid spending grew 11.0% to $495.8 billion in 2014, or 16 percent of total NHE. • Private health insurance spending grew 4.4% to $991.0 billion in 2014, or 33 percent of total NHE • Out of pocket spending grew 1.3% to $329.8 billion in 2014, or 11 percent of total NHE. • Hospital expenditures grew 4.1% to $971.8 billion in 2014, faster than the 3.5% growth in 2013. • Physician and clinical …show more content…

• The largest shares of total health spending were sponsored by households (28 percent) and the federal government (28 percent). The private business share of health spending accounted for 20 percent of total health care spending, state and local governments accounted for 17 percent, and other private revenues accounted for 7 percent Source: https://www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports/nationalhealthexpenddata/nhe-fact-sheet.html Government regulation is a double edged sword, and will always have controversial aspects associated with that particular frame of out. There is no right or wrong answer, since there is a wide-range of variables that are necessary to define an answer. There are within the health sector very influential and powerful action groups that are pro or con on any evolving decision or attempt at reform. Even countries that spend less on health care than the United States are essentially facing the same crisis, which equates into common emerging issues as a result of mandated reform and continued financing of such …show more content…

Recent reforms have extended health care to 95% of the population — most of whom have never had insurance before — a development that has caused serious strains on the delivery system. • China’s aging population presents the health care system with another challenge, and one that is likely to get worse, as it will in many other countries facing a similar demographic shift. • Cost is an issue as well. If you “look at how Obamacare was pitched, administration officials said part of it will be paid for by taxing the insurance and medical device industries and reducing payments to providers,” says Burns. “Officials also said that some of the savings will come from employee wellness programs, efficiencies in delivery and so forth. Yet there is little evidence that wellness programs and restructured delivery systems save money.” Recent developing and emerging legislation have greatly contributed to the overall decrease in a number of areas of the health sector; health care exchanges opting out of the program, medical personnel electing to retire or close their business practices, monopolization of health networks thru mergers and buyouts, and the continued impact of third-parties that have their own agendas to

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