Healthcare World Industries the Healthcare

¶ … Healthcare World Industries

The Healthcare Industry

Recent developments in the health care industry include rapid deployment of technological advances, which have enabled new procedures and methods of diagnosis and treatment. According to the U.S. Department of Labor, Bureau of Labor Statistics, clinical developments including "infection control, less invasive surgical procedures, advances in reproductive technology and gene therapy for cancer treatment, continue to increase the longevity and improve the quality of life of many Americans." (2007) the U.S. Department of Labor states that shaping the industry of health care is cost containment.

ROLE of HEALTHCARE INDUSTRY in GLOBAL WORLD

The role of health care in today's global health care industry is to continuously adapt, learn, and expand within their roles in providing healthcare in today's challenging health care industry due to today's complex and unhealthy environment. New diseases as well as new cures are in the news on a daily basis and so never-ending is the news in the fields of Science and Health, only the brave dare to keep abreast of the latest developments other than those in the chosen field in which the individual pursued an education and then entered into a career in. Therefore, it can be understood that today's health care environment is one fraught with high levels of stress as well as the dangers of disease faced by health care workers in addition to other factors that will be introduced in the following sections of this memorandum on the global health care industry. In order to genuinely understand the role that the health care industry plays in today's world there are a couple of specific issues to consider in terms of the challenges faced by the health care industry.

III. INDUSTRY'S MAJOR CHALLENGES in the NEXT FIVE YEARS

One of the challenges that the health care industry faces in today's globalized society is the transmission of disease and infection throughout the global due to more frequent, extended and long-distance travel than historically. Often, the spread of disease results in pandemics in which a great many become very sick and even dying due to lack of health care. The work entitled: "Business Continuity Planning for the Global Healthcare Industry" published January 2007 relates 'six key contingency plans' in case of a pandemic: (1) leadership and decision making; (2) Human Resources identification of critical workforce for continued operations; (4) Remote work and social distancing; (5) employee wellness; (5) education; and (6) communication. (International Federation of Pharmaceutical Manufacturers and Associations, 2007) it is related that the likelihood of a pandemic crisis should be examined and planned for proactively in meeting the new demands relating to leadership in the organization. Human Resources planning and strategy will be 'key' in enabling the organization to deal with pandemic situations. This leads to another primary challenge that the health care industry faces which is the shortage of nursing staff in today's health care organizations and institutions. Nursing staff in the healthcare industry re under great stresses on staffing due to an inadequate supply of individuals pursuing their nursing degree with an."..unprecedented demand for nursing services" however, colleges and universities as well as health care institutions have failed to develop effective workforce supply. The work of Bleich and Hewlett (2004) entitled: "Dissipating the Perfect Storm - Responses from Nursing and the Health Care Industry to Protect the Public's Health" published by the Journal of Issues in Nursing states: "In spite of the progress in nurse recruitment, the prognosis for balancing supply with demand is still precarious, at best. Sadly, AACN (2003a) reports that more than 11,000 qualified students were turned away from baccalaureate programs due to limited numbers of faculty (attributed as up to 65% of the cause), clinical sites, and classroom space. The faculty shortage will affect the future supply of nurses." (Bleich and Hewlett, 2004)