Medical Care as a Profit Center

Medical care, healthcare, or medical health care is the general care or improvement of physical health through the detection, diagnosis, treatment, or prevention of illness, disease, injury, and other mental and physical impairments in humans. Mental health care is delivered by mental health professionals such as psychologists, psychiatrists, nurses, and social workers. Medical care or medical health care’s objective is to prevent the onset of disability and prolong life. Medical care or medical health care is most commonly used to treat severe illnesses like cancer and heart disease. More rarely, it is also used to prevent and cure minor conditions that affect day to day life.

Although medical care has many positive effects on health outcomes, some negative effects can also have adverse health effects. Some medical care can lead to worse health outcomes; hence, it is essential to receive only the best medical care. Unfortunately, some adverse health outcomes can also be attributed to inadequate medical care or improper care. The following may be due to poor management of a condition or a complete health care professional providing medical services.

Death: It has been found that some deaths can be attributed to medical care or health services. Acute Chronic Pain The majority of such deaths occur in individuals with terminal illnesses who are not receiving appropriate end-of-life care. These individuals may be suffering from paracentesis, cardiac arrest, choking or breathing complications, bleeding, urinary tract infection, pneumonia, shock, and mechanical ventilation. In such individuals, mismanagement of paracurative therapies can cause prolonged loss of life and even death.

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Serious adverse health outcomes resulting from improper management of paracurative therapies can permanently disconnect or even death. Patients with severe acidemia, kidney disease, obesity, diabetes, hypertension, neuromuscular disease, respiratory disease, impotence, and skin disease can also be at risk for serious adverse outcomes caused by poor paracurative management. Medical care providers should therefore maintain accurate and up-to-date records of patient medical history and progress, monitor vital signs regularly, perform essential signs surveillance, perform stress test monitoring, provide patients with intravenous therapies if indicated, instruct patients about the cause of death and organ transplantation, and refer them to specialized health services for consultation and follow up. Such professionals should be certified by the American Board of Medical Specialties to diagnose, treat, and prevent adverse outcomes.

Disabling and Malaising Disease: Impairments resulting from low health services and medical care can have long-term effects on the person’s ability to live a productive and independent life. The reduction in quality of life can have long-term impacts on the quality of life income of the patient, his/her family, and his/her dependents. Therefore, health insurance’s primary goal is to reduce burdens associated with disability and mortality that may result from medical care complications. This includes evaluating and re-evaluating patient medical care needs and adding additional services necessary to achieve improved health outcomes. In addition to reducing long-term disability and mortality, improving health insurance rates will also likely generate additional revenue for employers and cover more of the costs of providing health care.

Improved Morbidity and Activity Level: Ineffective and unsafe medical care can lead to substantial morbidity and decreased activity level, resulting in negative financial and social consequences. Thus, efforts to improve morbidity and reduced activity level through medical care should include:
Enhanced cancer therapies.
Innovative treatments for chronic conditions.
Cure for HIV/AIDS.
Management of substance abuse or dependence.
Other essential interventions that improve quality of life.
Reducing preventable deaths and lengthening the period of life associated with poor health outcomes will also generate additional revenue for employers and cover more of the costs of providing healthcare. Health insurance rates are already high enough to provide financial protection and assistance for those who suffer from high-end medical problems. Still, additional investments in high-quality medical care will improve health insurance policies’ profitability and provide significant long-term financial benefits.

Improved Quality of Life and Wellness: Improved health outcomes and reduction in morbidity, and decreased activity level associated with poor health outcomes are expected to increase productivity and income. This improved quality and improved well-being outcomes will also improve health insurance rates. Therefore, high-quality medical care investment will generate long-term positive health insurance benefits and possibly improve profitability for employers and individuals.

Value for Money: The increased value provided by improved life and wellness will attract higher rates on additional services. These services may include mental health services, alcohol or drug abuse treatment, vision care, emergency care, gynecological and dental care, home health care, occupational health, physiotherapy, and comprehensive medical services. Providing high-value additional services and implementing effective wellness measures will also likely increase employment and output. These investments will then be reaped by employers who offer health insurance and enriched private and public sector benefits.