Most of us have a doubt is Health care different from other goods and services??
The Answer is yes, health care is different from other services. The health care industry determines the GDP or the gross domestic product of any country. Businesses dealing in health care adds to the already existing economy by buying utility programs, by paying taxes for property etc.,.
The health care industry is considered an industry which includes peoples’ exercise of skill or judgment or the providing of a service related to the preservation or improvement of the health of individuals or the treatment or care of individuals who are injured, sick, disabled, or infirm. The delivery of modern health care depends on an expanding group of trained professionals coming together as an interdisciplinary team.
With the invention of latest technological developments, the world health care industry is catching up with the other leading industries of the world. World health care industry is one of the largest industries catering to the medical needs of innumerable people around the globe. Statistics show that in the year 2004, employment provided by the health care industry accounted for 13.5 million job opportunities. Out of the 13.5 million jobs, some of the people opted for self employment while others remained salaried workers related to the health care. It has been predicted that between 2004 through 2014, increase in the health care jobs would be by approximately 19% or as many as 3.6 million job opening would be produced.
The statistics provided above reflect the health care scenario in the USA. Generally, the world health care industry comprises of the following segments:
- Hospitals
- Nursing
- Physicians
- Dentists
- Health care services at home.
- Medical practitioners
- Outpatient departments
- Ambulant health care facilities
- Diagnostic laboratories and medical services
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