The Macro-Trends in Healthcare and the Associated Career Opportunities in 2020
Group 3Amber Moses
Bintu SillahShivani Rana
Tatiana Bradley
University of Maryland University College
IntroductionCurrent macro-trends in the healthcare system are prompting the advancement and evolution of care, and are setting the stage for the future healthcare job market. These trends include the economy, technological advancement, demographical variations, changes in lifestyles and habits, and mutant government policy. These macro trends impact the healthcare delivery and quality, and they also impact the employment market with regard to demand of certain skill sets. These macro-trends that are now shaping the healthcare system will shape the employment landscape for healthcare professionals in the coming decades. There will be an increase demand for certain roles and areas of expertise based on new approaches and innovations in healthcare.
Healthcare accounts for 18% of the U.S. economy, twice as high as in other countries. Between 2010 and 2020, Healthcare occupations will increase from 0.1 million to 13.1 million jobs. There will be 5.6 million healthcare job openings between 2010 and 2020.
Emerging Macro-Tends in the U.S. Healthcare System Industrial growth within the U.S. Healthcare System is a byproduct of evolution within the following Healthcare sectors:
● Economy ● Demographical variations ● Changes in lifestyles and habits● Technological advancements● Mutant Government Policies
Centers for Medicare and Medicaid Services, 2015
Overall Healthcare Economy Healthcare expenditures in the U.S. exceed $2 trillion a year Federal budget is $3 trillion a year National Health Expenditures are projected to rise to 18% of the economy by 2020
Contributing Factors Lower life expectancy and the high
incidence of chronic diseases in the U.S.
Excessive expenditures on technology, awareness campaigns and other healthcare related initiatives.
Difficulty obtaining, affording and receiving healthcare services.
High budgets consumed and insurance plans failing to receive enough embrace.
Career Opportunity : Health economist Link up business with health care Analyze fiscal budgets Formulate financial strategies and interpreting the implications of policy and healthcare budgets on healthcare budget
Evaluates multiple types of financial information: costs, charges and expenditures
Demographical variations The number of aging individuals will double in the next few decades.
The aging population in the United States is continually increasing as the baby boomers are becoming older.
40% increase of those aged 65 or older by 2020
Berwick, Nolan & Whittington, 2008
Career Opportunity : Home healthcareDue to the increase in the aging population,
home health care will become a job opportunity in the healthcare industry. There is a need for trained staff to go to the homes of senior citizens to help them with everyday tasks (Bragg & Hansen, 2015).
With more trained clinical staff needed to take care of patients in their home, there is also a need for home healthcare administrators to coordinate the home healthcare.
Home healthcare administrators can manage the clinical staff, make sure that necessary supplies are provided for the staff to take care of the patients, and file all necessary paperwork and insurance claims
Change in lifestyles and habits Increased cases of obesity The rise in chronic diseases like cancer, diabetes, sleep apnea, high blood pressure etc.
Obesity in United States Annual healthcare cost of nearly $200 billion on obesity
Accounts for over 21% of medical costs in the U.S. today
Weight -control Information Network, 2012
Contributing Factors
Affordable and equal access to nutritional foods,
especially among minorities Increased cost of fresh foods in low-
income neighborhoods Lack of public transportation to
supermarkets Low stocks of nutritional foods Increased habits like smoking and alcohol Lack of physical activity and tremendous
stress.
Career Opportunity: Public health educator and Health services managersPublic health educator:These individuals will teach people about behaviors
that promote wellness.They develop and implement strategies to improve the
health of individuals and communities.Health services managers:They ensure compliance to health and safety
regulations and will strive to improve the quality and efficiency of health services.
They manage and coordinate health services for clinics, departments, or hospital facilities.
They will seek resolution and ways to keep cost down.
Technological advancements
• Biotechnology and Genetic engineering• Wireless technology : Smart-phones and chip technology• e-Health technologies
Technological advancementsTechnological advances are indispensable to
people’s health and improved quality of life. While technological advancements are
encouraging and have increased efficiency of healthcare systems, they demand constant improvement and monitoring in order to tap into their utility for the benefits of the industry.
Technological advancements offer a variety of job opportunities for both present and future healthcare professionals!
Career Opportunity: Health IT analysts
Analyze best technologies to integrate into healthcare systems
Develop programs to address public health needs
Analyze different modern health technologiesAnalyze the impacts of various technologies
on the healthcare organization
Mutant Government Policies and legislations
• The uninsured is one reason why healthcare costs in the United States are so high.
• The goal of the Affordable Care Act is to provide insurance to these uninsured citizens, thereby cutting down healthcare costs.
Affordable Care Act (ACA)The goal of the ACA is to provide insurance to
these uninsured citizens, thereby cutting down healthcare costs.
ACA, the veterans’ plan, and other healthcare policies generally hint at the future that awaits the industry with future changes anticipated.
The challenge of achieving and maintaining fair, accessible, and affordable health insurance seems unavoidable.
Career Opportunity: Health Policy Analysts
They work in collecting information, analyzing potential policies, evaluating the outcome of existing policies and sharing information with public and government officials.
Increase in positions that focus on the implementation of innovative programs that raise public awareness on understanding the stipulations of health insurance and the importance of having coverage .
They make sure that every citizen in each state receives the health insurance that he or she needs.
More people covered = more jobs to service these people
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