Health Care Market Paper

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Pages: 4

Category: Business and Industry

Date Submitted: 09/05/2010 11:27 AM

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Introduction

A Residential Managed care treatment facility is a community based residence facility designed to treat adolescents and individuals 18 years and older, displaying symptoms of mental illness and in need of a controlled living environment. Many of these types of facilities are overwhelmed, because of the bureaucracy they go through to run the facility, and the patients care is suffering because of it. This paper will examine the problems facing the Healthcare market.

Stakeholders in this market

The stakeholders in this market consists of community based individuals According to SAMHSA's National Mental Health (n.d.) such as consumers, family members, advocates, Federal agencies, States, counties and local communities, native American tribes, purchasers, managed care organizations, and providers working within managed care systems (SAMHSA's National Mental Health, n.d.).

How resource scarcity influences this market

Although, the healthcare field has been a lucrative field in the past, the poor economy has led to workforce force scarcity resulting from the high retirement age eligibility, aging workforce, increased workloads, high vacancy and turnover rates, and the lack of educational training leading to increased workloads lower pay and the lack of benefits. The scarcity of the needed resources is the primary reason for poor patient care, and if the problem is left unresolved our loves ones needing this type of care will suffer immensely.

Choices stakeholders must make

According to California Healthline (2010), (para. 1) New battle lines in California's budget wars are drawn. After a year of fiscal bad news, acrimonious wrangling and several lawsuits challenging the state's spending plan, prospects for 2010 don't look much better (California Healthline(2010). Stakeholders in California are in a constant battle with the state Governor’s office over cutting resources for the State and social Welfare programs. Medi-Cal is the...