Thursday, January 2, 2020

The Health Care Industry Among The United States - 1318 Words

Universities stemmed some of the biggest medical advances in the health care industry amongst the world. The educational platform for the United States spells long term success for health care, by growing the next generation of top health care providers. In comparison Germany and Canada also are represented amongst the top 50 medical schools in the world, but lack any representation of the top 10 prestige rankings. On top of that, both other countries lack volume and opportunity to receive a valued medical education when compared to the United States. This is a big advantage for health care administrators in the Unites States, by getting choice of some of the best and brightest health care professionals of the future. This alone gives them an advantage to attract patients from all locations to receive top quality health procedures. World renowned physicians give great publicity to organizations which usually translate into a large amount of donations towards medical science and techn ology. This leads to increased ability to recruit top medical professionals and be on the forefront of innovation. Third party payers benefit from inflation of costs, because increased demand on services from the top physicians. This allows them to create prestige tiers for insurance costs because of the quality of the service Building off the increased ability of recruiting health professional comes even more heightened salary comparison. In a study conducted with many countries,Show MoreRelatedThe Concept Of Universal Health Care Started In Europe1230 Words   |  5 Pagesconcept of universal health care started in Europe in the late 1800s. Starting in Germany, compulsory sickness insurance originated to protect against wage loss, maintain income stability for workers and gain political favor. 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