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Global Health Care Industry Prospects

Global Health Care Industry Prospects By Introduction Recently , with the development of several pandemic diseases (such as AIDS and SARS , and a with the progression of information technology , healthcare has been globalized Globalization may be affecting two areas Development of a policy Developing universal health practices that can cross all international barriers Internationally , appropriate action needs to be taken to encourage globalization of healthcare Nationally , certain standards have to be achieved to reach a global level

Introduction Several organizations are forming at the national level to ensure that the patterns

that develop in a particular field are suiting the international standards At the national level , several data is being compiled regarding the national health policy and the resources available to meet the national health challenges The effects of globalization may be many :- Some nations may be able to provide a more effective healthcare delivery system that suites the need of the users (citizens Introduction The health priorities and the health practices may get altered throughout the world The national health policy , the attitude of the medical faculty and the health services , may also get modified to suit the changing needs of the community Role of the U .S . health care system in the globalization of health care In the US , the effects of globalization have been dramatic The US domestic healthcare system is a major player in the global healthcare industry Many US healthcare organizations and pharmaceutical firms have enabled the process of globalization by bringing their products and services into several developing nations , and in this way have improved the healthcare system Role of the U .S . health care system in the globalization of health care This has even lead to a vice-versa transmission of medical data , product and services . More and more developing nations , may now be producing for several firms in the US and also other developed nations Thus it can be argued , that globalization has permitted use and exploitation of the resources on either ends However , many people feel that as the Government has not played a major role in controlling the healthcare activities in the US . The US companies may be causing a global health crisis The US has expressed political and economic interest in tackling disease in foreign nations

Role of the U .S . health care system in the globalization of health care The US is conducting research in foreign nations to develop solutions for their health problems . This could enable them to develop better techniques , products and equipment that could fight disease Science and technology is advanced in the US . Besides , it is capable of investing hugely in research and development of global healthcare The US can play a major role in supplying vaccines to the developing nations by joining with the UNICEF . However , the US has withdrawn from such an effort , which has resulted in greater child mortality rates throughout the world More than 30 of the Federal budget on healthcare is wasted . This could be diverted to improve the global healthcare services (that is in poor nations Adverse effects due to Globalization of healthcare However , several problems have been experienced due to globalizing healthcare services throughout the World In countries having a transitional economy , the globalization may be adversely affecting the ability of the people to access healthcare . Countries having a strong economy would survive in such a situation Countries having poor healthcare infrastructure , ill-developed markets and inefficient regulatory organizations , are set to suffer due to globalization Adverse effects due to Globalization of healthcare Cost control is a very difficult aspect of healthcare , and globalization has made controlling this factor all that more difficult According to the TRIPS Agreement laid down by the WTO , drugs are protected by a patent for about 20 years , worldwide . This makes it very difficult to control the prices of drugs over international barriers As a result of widespread trade , infected cattle and other items that may also be risk factors for disease , may be transported across the world , leading to pandemics Adverse effects due to Globalization of healthcare Globalization has put extra pressure on the aviation industry . People who want to get treated may have to travel across the world . This has also caused a lot of difficulties as the individual would be experiencing several problems It may be difficult to control flow of information following globalization . Hence , the risk from bioterrorism would be even more greater Healthcare information available on the internet may be invalid , defective and written by unqualified people The US pharmaceutical industry may not be willing to help in certain areas of health such as tuberculosis and malaria , as these would not be lucrative fields . Hence , millions of people would be suffering throughout the World Positive effects due to Globalization of healthcare Several services , that can be outsourced such as transcription services , radiographic assessment , telemedicine , medical diagnosis , etc , can be performed in the most effective manner , using the best available skills present in any place on earth Patients can travel to any part of the world to obtain superior and cost-effective treatment Globalization in the healthcare sector has provided many avenues for the healthcare professionals and also for investors who consider it to be a booming industry Globalization has led to healthcare organization in any part of the world to become MNC 's (as conditions would permit them to invest in other nations Positive effects due to Globalization of healthcare Several other industries would also develop as a consequence of the development of the healthcare industry such as the aircraft industry , hospitality , etc Information technology has narrowed the gap in the healthcare industry (present between the rich and the poor Inventions made in one part of the world , may be used almost immediately in the healthcare sector in another part of the world (that requires it the most Health information present in the internet can be reviewed and validated easily (from anywhere in the World Positive effects due to Globalization of healthcare Several legislations drafted and imposed , may now be applicable throughout the world . This helps to maintain uniform health standards Several world health control organizations such as the WHO , etc , can be more effective , when the global health environment exists The use of vaccines may become uniform throughout the world if healthcare is globalized Reasons for increasing Globalization of Healthcare More than a billion people do not have proper healthcare services A huge number of children especially those belonging to developing and transitional countries (about 11 million ) die from vaccine-preventable diseases and malnutrition Epidemics and disasters (both natural and artificial ) may result in the death of about 11 million people every year AIDS /HIV is a rapidly spreading disease (4 .9 million cases every year ) and 8 .5 new cases of TB are recorded each year . About 3 .1 million die of AIDS and about 1 .75 die of TB every year More than 300 million suffer from malaria and about 1 million die from the disease every year In many countries social unrest and law and issues is so poor that people are often forced to live a very poor quality life A plan to counter the barriers to the globalization of health care The US could potentially gain by investing in the health of the people belong to foreign nations , as these populations would form an important investment in the US in future years In the pharmaceutical industry , innovation plays a major role than cost-control The US companies play a major role in the introduction of several new medications and vaccines in the developing nations Multi-tiered pricing is one way in which poor nations would be getting the drug at nearly the price it takes to produce the drugs . Hence , a large proportion of the population would be getting the drug A plan to counter the barriers to the globalization of health care Many of the European nations and the US can join the UNICEF in their effort to supply drugs and vaccines to the poor nations at a very low price Globalization of healthcare does not only need collaboration from the private sector , but also from the Public sector . The public and private sector must be able to research , make and test several medical products including medications , vaccines , equipment , etc . Problems that develop in the poor nations have to be addressed first , which could then help improve the system in the developed nation Certain quality control and quality assurance standards should be uniform throughout the world Testing on animals and human beings should be improved and standardized throughout the world

A plan to counter the barriers to the globalization of health care The developed nation should not conduct illegal and unethical clinical trials in the third world nations New drugs that are manufactured should be able to meet the standards that are prescribed throughout the world Globalization of healthcare could help the US reduce the fatalities due to medical conditions . The uninsured and underinsured could be provided with better quality services Connected health is a new concept in which patient centered and efficient healthcare services are provided to the patient . This could be a good strategy to impose globalization .References Collins , T (2003 . Globalization , global health , and access to healthcare ' The International Journal of Health Planning and Management , 18 (2 , pp . 97-104 . http /www3 .interscience .wiley .com /cgi-bin /abstract /5 /ABSTRACT ?CRETRY 1 SRETRY 0

EMS Now Media (2005 . IT offers a cured for the global healthcare industry ' Retrieved on June 6 , 2007 , from EMS Now Web site : www .emsnow .com

FSIIS (2003 . The Globalization of Healthcare : A Longitudinal Analysis of National and Transnational Health Organizations , Retrieved on June 6 , 2007 , from FSI Stanford Events Web site : http /fsi .stanford .edu /events /the_globalization_of_healthcare_a_longitudinal_analysis_of_national_and_transnational_health_organizations_ Global Health .gov (2007 , International Health Regulations (2005 , Retrieved on June 6 , 2007 , from US-HHS Web site : http /globalhealth .gov /globalhealth /ihr /index .html References Kickbusch , I (2002 . Influences and Opportunity : Reflections on the US Role in Global Public Health ' Health Affairs , 21 (6

Matthews ,

(2005 . What globalization in healthcare means to you , Retrieved on June 6 , 2007 , from Healthcare IT News http /www .healthcareitnews .com /story .cms ?id 3639

NAP-Enhancing the Economy , Retrieved on June 6 , 2007 , from NAP Web site : http /www /books .nap .edu /html /lavi /5 .html

Pank , T . G . and Guindon (2004 . Globalization and risks to health ' EMBO Reports , 5 , pp . S11-S16 . http /www .nature .com /embor /journal /v5 /n1s /full /7400226 .html

Shah , A . - Global Health Overview , Retrieved on June 6 , 2007 , from Global issues Web site : www .globalissues .com Teamwork Global Health Care Industry Prospects By Introduction Recently , with the development of several pandemic diseases (such as AIDS and SARS , and a with the progression of information technology , healthcare has been globalized Globalization may be affecting two areas Development of a policy Developing universal health practices that can cross all international barriers Internationally , appropriate action needs to be taken to encourage globalization of healthcare Nationally , certain standards have to be achieved to reach a global level

Introduction Several organizations are forming at the national level to ensure that the patterns that develop in a particular field are suiting the international standards At the national level , several data is being compiled regarding the national health policy and the resources available to meet the national health challenges The effects of globalization may be many :- Some nations may be able to provide a more effective healthcare delivery system that suites the need of the users (citizens Introduction The health priorities and the health practices may get altered throughout the world The national health policy , the attitude of the medical faculty and the health services , may also get modified to suit the changing needs of the community Role of the U .S . health care system in the globalization of health care In the US , the effects of globalization have been dramatic The US domestic healthcare system is a major player in the global healthcare industry Many US healthcare organizations and pharmaceutical firms have enabled the process of globalization by bringing their products and services into several developing nations , and in this way have improved the healthcare system Role of the U .S . health care system in the globalization of health care This has even lead to a vice-versa transmission of medical data , product and services . More and more developing nations , may now be producing for several firms in the US and also other developed nations Thus it can be argued , that globalization has permitted use and exploitation of the resources on either ends However , many people feel that as the Government has not played a major role in controlling the healthcare activities in the US . The US companies may be causing a global health crisis The US has expressed political and economic interest in tackling disease in foreign nations

Role of the U .S . health care system in the globalization of health care The US is conducting research in foreign nations to develop solutions for their health problems . This could enable them to develop better techniques , products and equipment that could fight disease Science and technology is advanced in the US . Besides , it is capable of investing hugely in research and development of global healthcare The US can play a major role in supplying vaccines to the developing nations by joining with the UNICEF . However , the US has withdrawn from such an effort , which has resulted in greater child mortality rates throughout the world More than 30 of the Federal budget on healthcare is wasted . This could be diverted to improve the global healthcare services (that is in poor nations Adverse effects due to Globalization of healthcare However , several problems have been experienced due to globalizing healthcare services throughout the World In countries having a transitional economy , the globalization may be adversely affecting the ability of the people to access healthcare . Countries having a strong economy would survive in such a situation Countries having poor healthcare infrastructure , ill-developed markets and inefficient regulatory organizations , are set to suffer due to globalization Adverse effects due to Globalization of healthcare Cost control is a very difficult aspect of healthcare , and globalization has made controlling this factor all that more difficult According to the TRIPS Agreement laid down by the WTO , drugs are protected by a patent for about 20 years , worldwide . This makes it very difficult to control the prices of drugs over international barriers As a result of widespread trade , infected cattle and other items that may also be risk factors for disease , may be transported across the world , leading to pandemics Adverse effects due to Globalization of healthcare Globalization has put extra pressure on the aviation industry . People who want to get treated may have to travel across the world . This has also caused a lot of difficulties as the individual would be experiencing several problems It may be difficult to control flow of information following globalization . Hence , the risk from bioterrorism would be even more greater Healthcare information available on the internet may be invalid , defective and written by unqualified people The US pharmaceutical industry may not be willing to help in certain areas of health such as tuberculosis and malaria , as these would not be lucrative fields . Hence , millions of people would be suffering throughout the World Positive effects due to Globalization of healthcare Several services , that can be outsourced such as transcription services , radiographic assessment , telemedicine , medical diagnosis , etc , can be performed in the most effective manner , using the best available skills present in any place on earth Patients can travel to any part of the world to obtain superior and cost-effective treatment Globalization in the healthcare sector has provided many avenues for the healthcare professionals and also for investors who consider it to be a booming industry Globalization has led to healthcare organization in any part of the world to become MNC 's (as conditions would permit them to invest in other nations Positive effects due to Globalization of healthcare Several other industries would also develop as a consequence of the development of the healthcare industry such as the aircraft industry , hospitality , etc Information technology has narrowed the gap in the healthcare industry (present between the rich and the poor Inventions made in one part of the world , may be used almost immediately in the healthcare sector in another part of the world (that requires it the most Health information present in the internet can be reviewed and validated easily (from anywhere in the World Positive effects due to Globalization of healthcare Several legislations drafted and imposed , may now be applicable throughout the world . This helps to maintain uniform health standards Several world health control organizations such as the WHO , etc , can be more effective , when the global health environment exists The use of vaccines may become uniform throughout the world if healthcare is globalized Reasons for increasing Globalization of Healthcare More than a billion people do not have proper healthcare services A huge number of children especially those belonging to developing and transitional countries (about 11 million ) die from vaccine-preventable diseases and malnutrition Epidemics and disasters (both natural and artificial ) may result in the death of about 11 million people every year AIDS /HIV is a rapidly spreading disease (4 .9 million cases every year ) and 8 .5 new cases of TB are recorded each year . About 3 .1 million die of AIDS and about 1 .75 die of TB every year More than 300 million suffer from malaria and about 1 million die from the disease every year In many countries social unrest and law and issues is so poor that people are often forced to live a very poor quality life A plan to counter the barriers to the globalization of health care The US could potentially gain by investing in the health of the people belong to foreign nations , as these populations would form an important investment in the US in future years In the pharmaceutical industry , innovation plays a major role than cost-control The US companies play a major role in the introduction of several new medications and vaccines in the developing nations Multi-tiered pricing is one way in which poor nations would be getting the drug at nearly the price it takes to produce the drugs . Hence , a large proportion of the population would be getting the drug A plan to counter the barriers to the globalization of health care Many of the European nations and the US can join the UNICEF in their effort to supply drugs and vaccines to the poor nations at a very low price Globalization of healthcare does not only need collaboration from the private sector , but also from the Public sector . The public and private sector must be able to research , make and test several medical products including medications , vaccines , equipment , etc . Problems that develop in the poor nations have to be addressed first , which could then help improve the system in the developed nation Certain quality control and quality assurance standards should be uniform throughout the world Testing on animals and human beings should be improved and standardized throughout the world

A plan to counter the barriers to the globalization of health care The developed nation should not conduct illegal and unethical clinical trials in the third world nations New drugs that are manufactured should be able to meet the standards that are prescribed throughout the world Globalization of healthcare could help the US reduce the fatalities due to medical conditions . The uninsured and underinsured could be provided with better quality services Connected health is a new concept in which patient centered and efficient healthcare services are provided to the patient . This could be a good strategy to impose globalization .References Collins , T (2003 . Globalization , global health , and access to healthcare ' The International Journal of Health Planning and Management , 18 (2 , pp . 97-104 . http /www3 .interscience .wiley .com /cgi-bin /abstract /5 /ABSTRACT ?CRETRY 1 SRETRY 0

EMS Now Media (2005 . IT offers a cured for the global healthcare industry ' Retrieved on June 6 , 2007 , from EMS Now Web site : www .emsnow .com

FSIIS (2003 . The Globalization of Healthcare : A Longitudinal Analysis of National and Transnational Health Organizations , Retrieved on June 6 , 2007 , from FSI Stanford Events Web site : http /fsi .stanford .edu /events /the_globalization_of_healthcare_a_longitudinal_analysis_of_national_and_transnational_health_organizations_ Global Health .gov (2007 , International Health Regulations (2005 , Retrieved on June 6 , 2007 , from US-HHS Web site : http /globalhealth .gov /globalhealth /ihr /index .html References Kickbusch , I (2002 . Influences and Opportunity : Reflections on the US Role in Global Public Health ' Health Affairs , 21 (6

Matthews ,

(2005 . What globalization in healthcare means to you , Retrieved on June 6 , 2007 , from Healthcare IT News http /www .healthcareitnews .com /story .cms ?id 3639

NAP-Enhancing the Economy , Retrieved on June 6 , 2007 , from NAP Web site : http /www /books .nap .edu /html /lavi /5 .html

Pank , T . G . and Guindon (2004 . Globalization and risks to health ' EMBO Reports , 5 , pp . S11-S16 . http /www .nature .com /embor /journal /v5 /n1s /full /7400226 .html

Shah , A . - Global Health Overview , Retrieved on June 6 , 2007 , from Global issues Web site : www .globalissues .com...

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