The Motive of Profit in Healthcare

The motive of profit in
healthcare
-PRESENTED BY:

Healthcare System:
Healthcare system can be defined as an
organization that is majorly concerned with the
function of delivering care facilities to people in
need. The system is typically managed by
ample manpower, specific institutions and
resources to meet the need of the patients in
need (Morgan et al., 2016).

Rising cost of healthcare
Research studies reveal that in the year 2010,
U.S citizens had spent almost $2.6 trillion to
cover costs related to healthcare (Birn &
Hellander, 2016)
The major reasons that can be attributed to the
surge pricing of healthcare facilities can be
enlisted as follows (Montagu & Goodman,
2016):
Advancement of technology
Malpractice
Profit driven care delivery
Inefficiency (Source: Birn & Hellander, 2016)