Health Care Economics Article Example | Topics and Well Written Essays - 2000 words

Health Care Economics - Article ExampleDeclines in request for health care services in other communities draw resulted in an increase at heart the capital of Massachusetts community. With the high-level of medical research being undertaken inside the community, other healthcare systems rely on the occurrences in spite of appearance the Boston community healthcare system. Market structures The healthcare sector within the Boston community body dominated by relatively low number of large organisations. This has been fundamental toward the organisational stability experienced within the healthcare grocery. The prevailing marketplace structures within the Boston community remain fundamental in ascertain how various stakeholders within the healthcare sector perform. The healthcare sector in Boston remains passing unique as in consists on several world renowned teaching medical centres. noteworthy among them are Boston Medical Centre, Massachusetts General Hospital, New England M edical Centre, among others. These academic medical centres suck a significant contribution not only to the Boston community, but the entire world as well. The reputation of Bostons healthcare institutions plays a significant role in the existing stricter of the healthcare market within the community. ... The market structures are significantly influenced by the healthcare providers and insurers as well. These two stakeholders have a fundamental role in establishment of the structures. Healthcare providers The healthcare providers form the base for all healthcare system. The providers within this community have continuously struggled to gain sufficient dominance of the market. While pursuance to improve on their market dominance, several healthcare providers merged in order to strengthen their market share. Consolidation strategies have been adopted by many an(prenominal) healthcare providers, however, majority of these consolidation structures have not produced the desired payo ff to the providers(Williams, Christianson, Barraclough, & Gaylin, 1999). The consolidation strategies have caused a reduction in the number of healthcare providers by dint of mergers and partnerships. The healthcare sector in the Boston community has remained dominated by two major organisations henchman and Caregroup. The significance of Boston healthcare institutions upon the regional healthcare sector has increasingly affected the structure of many providers within the community. Numerous academic healthcare centres have continuously sought affiliates to manage the increasing demand for medical services within the community. These providers continue to be faced with expansion challenges seeking to satisfy the market demand. As opposed to other medical providers, the academic centres receive high numbers of referrals from other providers within and outside Boston. These referrals continue to present a challenge to the academic medical providers as they seek expansion through m ergers with other facilities. Other providers