Tuesday, 29 July 2014

Healthcare Investments for Sustainability of Care


Rising healthcare costs are increasingly becoming a threat to the sustainability of healthcare. Many organizations have been passing the healthcare costs to the consumers, thereby increasing disparities in financial access to care. There is need for healthcare organizations and hospitals to find ways to finance their services without creating undesirable social effects on the access to care. Healthcare organizations can achieve this by making investment decisions that generate additional funds for sustaining healthcare services.

Aging population

With the increasing population of the aged, this population segment can offer opportunities for investment on their unique needs. This population segment needs more rehabilitative care. Health organizations can invest in nursing centers for the aged, providing a comprehensive range of services for the aged.

Cosmetic health services

Cosmetic health services have been facing a rising demand in the recent times. Reconstructive surgeries, dental formula restructuring, and other cosmetic services can be a good source of income for investors in healthcare. Health organizations can take advantage of these social needs, and invest in these to provide finance for core health services.

Funeral homes

Changing population needs and innovations can see funeral homes generating very good revenue for health organizations. This is an investment with a huge potential and many opportunities. An in-depth analysis of this investment option will be posted here soon.

Personalized medicine

Personalized care and home-care services are investment opportunities worth keen consideration. The provision of these services is done at premium rates. The Health Services Manager has to ensure a balance in provision of these services in order to offer core services without human resource constraints.

Technological innovations

Investment in technology has a positive influence on cost reduction. Although initial investment cost is usually high, the long run cost effect is desirable. These savings from application of advanced technologies can be reinvested back in sustaining healthcare services.

Sustainability of care is important. Achievement of this is possible in application of innovative healthcare related investment options without relying on donor or government funding. 

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