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The Rising Costs Of Care In Hospitals

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Running Head: THE RISING COST OF CARE IN HOSPITALS The Rising Costs of Care in Hospitals Name: Institution affiliation: 1 THE RISING COST OF CARE IN HOSPITALS Introduction Health organizations face an array of operational problems as a result of the growing demand for healthcare services. Health providers have to meet the high demand by improving service, controlling operational costs and enhancing the productivity of the healthcare practitioners. Among the founding principles of health care, provision is the prioritization of the sector in both economic and political realms. An important aspect of healthcare provision and probably that which will guide this study is the mode of provision of healthcare, which is mostly provided at a time, place and mode most convenient with the provider as opposed to the customer. A critical part of a healthcare organization’s success is operational efficiency. The economic trade-off usually is the utilization available resources to improve service and at the same time minimize the cost of the service. Income maximization with the persistent increase in hospital overheads has become the latest health management’s headache. Among the operati ...
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