INTERNATIONAL CONVERGET HEALTHCARE SYSTEM

BYR.SAM VIVEK

II MBA

1. CONVERGENCE AMONG MEDICAL PROFESSIONALS, EDUCATION, AND SCIENCE

•The most significant evidence of market-driven convergence can be found in international trends surrounding the practice of medicine. Methods, standards, and practices have gradually converged due to the mobility of medical professionals, harmonization of medical education, and the diffusion of modern scientific medicine

2. CONVERGENCE AMONG HOSPITALS AND INSURERS

•Recent international trends among hospitals and health insurers also support the theory of market-driven convergence. The hospital and health insurance industries are becoming increasingly international, which should gradually spread the basic standards and practices they employ

3. CONVERGENCE AMONG MEDICAL PRODUCTS AND TECHNOLOGIES• International trends among medical products and technologies support the theory of market-driven convergence. In recent years, not only have the global markets for medical products surged, leading to their widespread diffusion, but several of these industries have succeeded in harmonizing international standards.

4. PRIVATIZATION, COMMERCIALIZATION, AND AMERICAN MEDICINE• Finally, three related trends support the theory of

market-driven convergence. First, health care has become more privatized around the world. Second, health care goods and services have become more commercialized. And third, American medicine has exported itself particularly well. Together, these trends have allowed the private sector to exert more influence in creating international practices and standards

THE BENEFITS OF MARKET-DRIVEN CONVERGENCE•1. INCREASED EFFICIENCY AND GAINS FROM TRADE•2. HIGHER QUALITY GOODS AND SERVICES•3. UNIQUE OPPORTUNITIES FOR DEVELOPING COUNTRIES•4. ENHANCED CHOICE AND AUTONOMY