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Essay / Research Paper Abstract
A 12 page paper discussing the remote, industry and operating aspects of this hospital's external environment. Shands Healthcare is the teaching hospital of the University of Florida, a public entity subject to requirements that it accept any patient seeking medical assistance. Shands faces the same human and financial restraints with which most university hospitals struggle. As technology continues to advance; the baby boomers begin reaching retirement age; the Medicare crisis continues; and the nursing shortage intensifies; Shands can expect to several challenges over the next decade. The purpose here is to review current and emerging conditions that have the ability to affect Shands Healthcare's external environment in the future. Bibliography lists 10 sources.
Page Count:
12 pages (~225 words per page)
File: CC6_KSmgmtShandsHos.rtf
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Unformatted sample text from the term paper:
Healthcare is the teaching hospital of the University of Florida, a public entity subject to requirements that it accept any patient seeking medical assistance. Shands faces the same human
and financial restraints with which most university hospitals struggle. As technology continues to advance; the baby boomers begin reaching retirement age; the Medicare crisis continues; and the nursing shortage
intensifies; Shands can expect to several challenges over the next decade. The purpose here is to review current and emerging conditions that have the ability to affect Shands Healthcares
external environment in the future. Remote Environment Total health care spending in 1960 was $27 billion (Hoffman, Klees & Curtis, 2001). This
amount represents 5.1% of GDP, or $141 per capita annually. In contrast, total health care spending in 1998 was $1.1 trillion (Hoffman, et al., 2001), which translates to 13.7%
of GDP or $4,094 per capita annually. Rising Costs Businesses are under intense pressure to operate efficiently; health care costs are rising more
than anyone could have imagined only a few years ago. As health care insurance premiums increase by double digits each year, increasing numbers of companies find that they need
either to reduce benefits or require employees to pay a greater share of the costs of their health care insurance premiums. Rising prices affect everyone, but some of these
costs are increasing so fast that increasing numbers of people find themselves with no health care benefits at all. Accessibility to and the
cost of health care have been overriding issues in recent decades. We have seen the advent and growth of health maintenance organizations (HMOs), the explosive growth of Medicare and
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