Describe at Least 3 Characteristics of the Current Healthcare Environment

question 17

Essay

Describe at least 3 characteristics of the current healthcare environment in the U.S.
-Growing resource needs - aging population,growing number of uninsured or underinsured persons
-Multifaceted workforce crisis - shortage of qualified workers
-Ensuring patient safety and reducing variability in service,quality,and cost - consumers expecting safe,positive,and cost-effective experience
-Providing culturally competent care - disparities in how minorities access,receive,and benefit from healthcare delivery system
-Technology and information management - advancing technologies becoming the norm
-Regulatory policy - Congress given more authority and latitude to define broad policy decisions

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Definitions:

Profit Sharing

Incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary.

Base Salary

Definition: The initial rate of compensation for an employee, excluding additional bonuses, benefits or overtime.

Merit Pay

A compensation strategy that awards pay increases based on an individual's performance, often measured through evaluations.

Employers' Perspective

The viewpoint or approach taken by employers in relation to their workforce and business practices, including hiring, management, and policy setting.