This article provides in-depth industry analysis and research on the General Medical and Surgical Hospital industry. This article contains the definition, major products and activities of the industry, and briefly discusses the major trends in the industry.
What are general medical and surgical hospitals?
This industry comprises establishments known and licensed as general medical and surgical hospitals primarily engaged in providing medical treatment and treatment (surgical and non-surgical) to hospitalized patients with a wide variety of conditions medical. These facilities maintain inpatient beds and generally provide other services such as outpatient services, operating room services, pharmacy services, and food services. The hospital industry includes companies licensed as general medical and surgical hospitals that provide surgical and non-surgical diagnostics and medical treatment to hospitalized patients with medical conditions. These facilities typically provide other services, such as outpatient services, pathology services, diagnostic radiology services, clinical laboratory services, operating room services for various procedures, and pharmacy services. .
Organization and structure:
General and surgical hospitals are generally classified as non-profit, for-profit, and both public and local facilities. Hospitals receive their income from different sources for the services they provide to patients. Hospital expenditures are affected by legislation, medical technology costs and trends in medical practice. Hospitals are structured around administrative staff who oversee nursing and administrative functions and separately operate medical staff and ancillary services, such as a pharmacy and the services of various therapists.
General medical and surgical industry key products:
Below is a non-exhaustive list of products offered by the general medical and surgical hospital industry:
- Ambulatory care
- Circulatory diseases
- Childbirth
- Digestive diseases
- Respiratory diseases
- Injury and poisoning
- Other hospital care
- Emergency room
- Therapy services
- Respiratory therapy services
- Physiotherapy programs
- occupational therapy
- Geriatric services
- Alzheimer’s disease diagnostic and assessment services
- Adult daycares
- Prevention programs
- Patient education programs
- Weight loss and detox
- Prenatal care
- Pediatric well-being
Key activities of the general medical and surgical industry:
The main activities performed by this segment of the healthcare industry:
- Hospital care
- Ambulatory care
- Pathology Services
- Radiodiagnostic services
- Clinical laboratory services
- Service in the operating room
- Prevention and patient education programs
Key trends in the general medical and surgical industry:
Hospitals occupy an important place in the global healthcare system, providing personal care to people with acute illnesses. The industry is low in capital intensity and the overall hospital industry is in a stable state and the current healthcare reforms will allow more growth for the industry. Hospitals will benefit from the growing demand for health care among a growing clientele and a growing and aging population. Current challenges include providing quality patient care, keeping up with rising costs and stiff competition for patients. Rising labor and professional costs are limiting profits on one side and hospitals have to compete for healthcare talent on the other side due to a shortage of healthcare professionals qualified. Labor costs represent between 40% and 70% of total recurrent expenditure in hospitals. The general hospital industry in developing countries has experienced steady growth in recent years, owing to large population and rapid GDP growth.
Key factors for the general medical and surgical industry:
Below are the main drivers and challenges for the general medical and surgical industry:
- Technological changes and innovations
- Increase in household income
- Aging of the population
- Health reports
- Shortage of hospital beds per thousand people
- Rising labor costs
- Shortage of qualified personnel and health professionals
- Rising investment costs
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Creation date Monday 14 January 2013 Hits 11700