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Essay / Research Paper Abstract
A 6 page paper reviewing economic influences on home health, including increasing fuel costs and the ongoing nursing shortage. The healthcare industry is hampered by its history of trying to operate separate from economic realities and laws, creating several hurdles that it will need to negotiate simultaneously. Bibliography lists 7 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSeconHlthChome.rtf
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Unformatted sample text from the term paper:
home health area of healthcare has been growing rapidly in recent years as care-providing organizations seek to reduce costs while simultaneously increasing quality of care. Patients that do not
need constant, direct attention are able to finish recuperation time at home, visited regularly by a nurse qualified to assess their progress and educate them in what they need to
do for themselves. Recent economic changes have made home health less attractive to currently active, licensed nurses, however. Increased gas prices alone
would seem not to provide sufficient reason for nurses to leave a specific home health organization, but they arrived after years of increasing healthcare costs and continuing shortages of nursing
labor. Factors Affecting the Industry Rising Health Care Costs As a percentage of gross national product (GNP), health care spending was 6 percent
in 1965. That figure had risen to 14 percent of GNP by 1993 (Lindsey, 1993), even though GNP itself also had increased dramatically: by 1994, that percentage of
GNP had increased to 15 percent and had topped the $1 trillion mark for a total of more than $4,000 for every citizen of the country (Grumbach and Bodenheimer, 1994).
In 2001, health care spending as a percentage of GDP was 14.1 percent, or $5,035 per capita (Levit, Smith, Cowan, Lazenby, Sensenig and Catlin, 2003).
Plagued by overspending for years, the general system also has been characterized by underinclusion as well - in 1993, there were no less than 35 million Americans
without health insurance coverage of any kind (Lindsey, 1993). A decade later, that figure has more than doubled. Virtually everyone along the
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