The healthcare industry is one of the fastest growing industries. Changes are always happening in the healthcare field and new trends are created. As a worker in the healthcare industry, there are many changing aspects of the industry. At my company, I’ve noticed some of the trends that are shaping the direction of the company in a very dynamic and valuable way. Working remotely, the Affordable Care Act (ACA), and Big Data and Cloud Computing are some of the trends that my company is moving towards. While these trends are making an impact on the company, there are still challenges with the Affordable Care Act. It has been reshaping the healthcare system both positively and negatively since it was introduce.
The Affordable Care Act became law
…show more content…
The company is a medical reimbursement company that deals with patients’ personal information from social security, to medical history and banking information. As technology in the healthcare field continues to expand, we have begun to use more big data to store all our patient personal health records and our employees’ personal records. Maintenance and processing of various and high volume data have created the “Big Data” challenge. As Gartner (2015) said: “Big Data is high-volume, -velocity and -variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making” [6]. Under the Health Insurance Portability and Accountable Act (HIPAA) laws, the healthcare industry is privy and held to a very high standard to protect and keep all patients’ personal information private, safe and secured; Digitalization and accumulation large healthcare data provides great potential for healthcare data. The key to the best patient-centric, evidence-base and accountability care is delivered through big data in healthcare (Yang, Li, Wang, Chen, Wu, Wang, Pan and Mulder 2015). There are still many healthcare challenges that need to be addressed to help enhance healthcare services. With cloud computing in healthcare, the company is one step closer to lowering their operational cost and eliminating the use of hardware and software to store data. With all the company’s data stored on networks, servers and applications it makes it easier for the data to be accessible any part of the world. Some of the advantages of cloud computing includes availability, performance and load balancing (Malekabadi, Javan & Akbari 2015). When all of the company’s data is stored on the networks and computed, it is taken by Iron Mountain and stored in a remote location. With the continued growth of innovative technology cloud computing will continue to
Our healthcare system is in a state of constant change. Just as the industry was adapting to the demands of countless healthcare reforms, the fate of regulations like the Affordable Care Act (ACA) and others like it, dangle in the wind. As the country transitions to a newly appointed administration, there is an increasing level of uncertainty among industry leaders. Federal, state, and local mandates continue to drive the need to improve the quality, costs, and outcomes of care which add to an already overburdened and burnout system. These coupled with our highly secular society who is primarily focused on the treating and curing illness through advanced technology, medications, and procedures has resulted in a
Although the Affordable Care Act (ACA) became law nearly five years ago, the rhetoric overt the law and its provisions continue in Congress and around every kitchen table in America. While no one disagrees the healthcare system prior to the passage of the ACA was flawed, healthcare reform under the ACA continues to evolve and is likely to continue evolving in the future. Despite this, it is the law, and the healthcare industry is doing its best to keep up with the law’s mandates. For the hospital healthcare administrator, there are numerous changes affecting how hospitals do business, not only with the insurance industry, but with patients as well. The following overview discusses the basics of the ACA, the positive and negative ramifications for hospitals, and the impact the law will have for years to come. Although the final incarnation of the Affordable Care Act will develop over time, its premise of ending healthcare disparities and quality care for all citizens is long overdue.
Health care has been inclined by several significant events that have occurred throughout history. Change is the primary focus on what has shaped health care and continues to by pain of improvement, and to focus on the importance of our population and their needs. Though there are several influences politics, finance, culture, technology, health trends, and religions they all play a major contribution towards shaping the healthcare field. (Shi & Singh, 2012) Throughout this paper we will present significant events that have changed and affected health care today, give details about how the historical evolution of health care
The health care industry is one of the most dynamic and delicate industries in the U.S. having experienced healthy and substantial changes for the last thirty years most of which have aimed to improve health care management and services delivery to the patients. The changes have enabled the integration of technology into the industry such as in the area of informatics, science and research and payment services and clinical treatments. The health care sector has introduced various changes to address disease and health care management such as the Modernization Act of 2003, the Patient Protection Act and Affordable Act, which aim at improving health provision and most
When faced with the reality of the Affordable Care Act (ACA) becoming law and taking effect, Jim began to implement new rules and guidelines. Although impravision a strategic plan the institution is expected to follow as supplies and resources would soon be in critical demand. As CEO, he understood what was expected of the health care system, focusing mainly on the organizational needs that will help with the expanding or the growing populationu8, meeting the increased demand for the future. Via industrialized existing programs and building clinics that will accommodate the expected significant impact of the newly insured. “Eliminating ED crowding will take the collective involvement of healthcare workers, business leaders, politicians, the press, and the public” (Derlet & Richards, 2008). After much consideration, and a comprehensive evaluation of the documents for the new Affordable Care Act, Jim James, CEO thought about the upcoming opportunities using a persuasive approach to transform the hospital. Since he stated that his most pressing desire is to find ways to connect the recipients in a way that will model changes in existing programs. Admittinly, we have a medical (that is, sick) care system- a system that waits until we become ill before it kicks into action instead of a healthcare system focused on helping us stay healthy (Schimpff, 2012). The justification, seeing the possibilities that crucial in dealing with changes in the upcoming health care system using a
The rising costs of healthcare have increased the need for centralized and secure data for organizations to proactively control costs and to continue to improve the quality of care for patients. Many healthcare organizations have been working towards tackling and complying with this issue but have a variety of complex situations due to limited resources (both technology and financial), geographic limitations, and even political issues from organizational setups. Healthcare has become a competitive market as well which makes the limitations become more prevalent to those who can’t keep up.
In the last four years, the United States has implemented a new reform in our medical system called the Affordable Care Act (ACA). Its goal is to reform the health care system, by providing Americans with a more affordable health insurance policy. It also tries to compress the growth of healthcare spending in the United States. The ACA offers Americans better health coverage because of the widespread reforms that are included. These reforms will expand our healthcare coverage, hold insurance companies liable, lower health care costs, guarantee more choice for patients, and improve the quality of healthcare for all Americans (Markette, 2011, p. 12). As the law has passed, there have been many people affected. For example, the craft supply
The Affordable Care Act was signed into law in 2010, just over five years ago. Since then the healthcare industry, and even organizations outside the industry, have been affected in many ways; from new reimbursement models, opening healthcare exchanges, millions of individuals gaining insurance that they previously did not have, and a plethora of new regulations just to name a few. Although the law was passed in 2010, it wasn’t until 2014 that millions of newly insured participants entered into the system when much of the affects were initially recognized. However, even with two enrollment periods under our belt, a new enrollment period set to begin in a month, along with additional regulations still to be fully recognized, how the
The health care industry is constantly evolving and is one of the most complex industries in modern business. Changes in the health care is influenced by political forces, the economy, and advancements of technology. The demand for improved access to high quality health care services and the number of the uninsured population have increased the need for political forces to intervene to ensure equal access to affordable health care. Political forces establish the laws and policies that have shaped the delivery of health care for the population in an effort to improve access and quality while emphasizing cost containment. For example, the Affordable Care Act (ACA) of 2009 increased access to health care by making health insurance affordable for the insured and uninsured,
Quality healthcare is a very important factor in how individuals perceive their quality of life. In most countries, it is the major political issue. The healthcare delivery organization is a part of the national identity (Dranove & Sfekas, 2009).
According to Glasberg et al (2014), health care providers encounter risks and crisis as a result of the impact felt with the paramount application of cloud computing practices. The authors established the mixed reality model, which concentrated much on the relationship that binds the human resources, information systems, supply and healthcare together. The authors clearly stated that new processes will never obtain perfection,
As we know, for delivering good qualitative service in healthcare industry, data plays an important role. So it’s necessary to understand the fact that the big data must be used in a right way to make health service industries successful. For managing and analysing the big data it’s important to have a good knowledge about the healthcare data complexity, framework, technologies for “big data analytics in healthcare industries”.
Abstract: Healthcare sector is facing more number of problems like high IT costs, more processing power, scalability and demand for interoperability etc. Present health technology is deficient to address these challenges. Cloud computing having many qualities such as multi-tenancy, flexibility and metered delivery appears a viable approach. The purpose of this document is to provide a point of view on how cloud computing is applicable in healthcare and set some of the key principles that healthcare industry need to focus on when building a strategy for their organization’s adoption of cloud computing. The paper also addresses the common problem that are being faced by different healthcare industry while implementing cloud computing.
The future trends in health care are limitless. From using applications that perform EKG’s to robot-assisted surgery, the rapid expansion of technology applications in health care is astounding. Advancing technology also pushes the boundaries of health care in its ability to integrate health care information. The integration of health care information is critical to the effective, efficient delivery of quality care in a now fragmented health care system. This paper will assess how the internet or any new forms of electronic communication can be used as an external delivery source of communicating patient-specific information, address the impact of distance delivery on health care, how these communication issues impact health care today and
Abstract- Healthcare sector is facing more number of problems like high IT costs, more processing power, scalability and demand for interoperability etc. Present health technology is deficient to address these challenges. Cloud computing having many qualities such as multi-tenancy, flexibility and metered delivery appears a viable approach. The purpose of this document is to provide a point of view on how cloud computing is applicable in healthcare and set some of the key principles that healthcare industry need to focus on when building a strategy for their organization’s adoption of cloud computing. The paper also addresses the common problem that are being faced by different healthcare industry while implementing cloud computing.