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What is the current state of the healthcare industry? We grade it by four different criteria, health, quality, cost, and access
What is the health of the U.S. like? we have shorter life expectancies, higher rates of disease burden, and higher mortality rates than other high income countries. There is disparity of life expectancy across racial, ethnic groups, health statues, income levels, genders and age, but that may not be the healthcare system's fault. We are getting better, but still falling behind other countries.
What is the quality of the healthcare system like? We have the highest rate of deaths preventable by healthcare and higher rates of errors made by medical professionals. While we have gotten better we still have higher preventable hospital admissions than other countries.
What is the cost of healthcare system like? We have a higher cost of healthcare than other countries, but don't get the same quality or amount. Other countries spend approximately 11 cents per dollar on healthcare, while we spend approximately 17 cents on healthcare per dollar. We have fewer doctor visits and hospital stays because we spend more money on other things like certain procedures and drugs. We are getting better though.
What is access to the healthcare industry like? People delay going to the doctor when needed because of the high cost. 91% of the U.S. population si now insured while other countries have universal healthcare.
What are the four parts of the healthcare industry diagram? 1) government oversees all aspects of healthcare
2) patients (controlled by payers) (when answering questions about this make sure to list the patients because it is patients categorized by the payers.)
3) health-care providers
4) peripheral entities
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