NetZealous LLC Services in Healthcare Industry - PowerPoint PPT Presentation

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NetZealous LLC Services in Healthcare Industry

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The US is home to the world’s largest healthcare market, estimated at a staggering $ three trillion, the biggest by a long haul. The defining difference between the healthcare industry in the US and that of many other developed economies such as Canada and the UK is that the US healthcare is privately run, meaning that the government has near-zero role in running it and has allowed private players to run the sector. This has led to a situation of hyper competition, the hallmark of the wider US economy – PowerPoint PPT presentation

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Title: NetZealous LLC Services in Healthcare Industry


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NetZealous LLC Services in Healthcare Industry
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  • The US is home to the worlds largest healthcare
    market, estimated at a staggering three
    trillion, the biggest by a long haul. The
    defining difference between the healthcare
    industry in the US and that of many other
    developed economies such as Canada and the UK is
    that the US healthcare is privately run, meaning
    that the government has near-zero role in running
    it and has allowed private players to run the
    sector. This has led to a situation of hyper
    competition, the hallmark of the wider US
    economy.

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  • At least four major trends are doing the rounds
    in the US healthcare industry currently.
  • Firstly, we have the effects of the Affordable
    Care Act, passed in 2010, kicking in. these
    effects will be felt for some more time, since
    the Act has stipulated a long deadline and target
    for many activities and goals. What the ACA did
    was to bring more than 10 million uninsured
    Americans into the healthcare sector, meaning
    that the industry has to absorb the burden of
    attending to these uninsured people.

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  • Whatever the moral aspects of this step the fact
    is that it impacts the healthcare sector in a
    huge manner, because being privately run, the
    sector has to pass on this burger to the insured
    people, causing a huge rise in the cost of an
    already expensive sector. The positive spinoff of
    this huge influx could be that it could lead to
    innovations to cut costs, but the effects of
    these changes will be felt only over a long
    period of time. For now, the industry has to deal
    with ways of absorbing these immediate changes.

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  • Secondly, this has given rise to a supplementary
    economic matter The changes that are being made
    to the insurance sector. Health insurance has
    become even more competitive, because it has to
    take into consideration the new changes brought
    about by new entrants and seek ways of remaining
    in the business and making profits.

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  • There is also the repositioning in the thinking
    going on in the industry. While the emphasis
    earlier on was on volumes, that has now shifted
    to accountable outcomes and value. Healthcare
    delivery is not about ticking boxes on the items
    dispensed it is about how much value the user
    got from services.

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  • Finally, there is the ongoing trend of the use of
    cloud based and SaaS services for the healthcare
    industry, plus the glut of social media, with
    their attendant challenges. In all these
    developments, one of the areas of highest concern
    is regulations. This is made all the more complex
    and challenging in the light of these rapid
    changes.

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  • All these new trends make healthcare an industry
    that is keenly watched and observed. For this in
    healthcare, the need to stay ahead of the curve
    could not have been more pressing. It is exactly
    to fulfil this need that a professional trainings
    provider such as NetZealous LLC, with its years
    of experience, can help professionals. Its
    trainings, which are up-to-date and from the
    finest Experts, can go a long way in helping
    healthcare professionals push themselves towards
    higher levels of excellence and stay afloat from
    the challenges they are up against.

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NetZealous LLC offers world class trainings in
all the areas of concern and importance to
healthcare, with which professionals can find
their mark Obamacare Anti-kickback
statute HIPAA HITECH 21 CFR (Part 820) Clinical
management Data safety DEA due diligence Electroni
c Health Records HHS compliance Quality
assurance Risk analysis Risk evaluation FMEA
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