Healthcare Management Essay Example | Topics and Well Written Essays - 500 words

Healthcare Management - Essay Example sponse to the impacts of the recession in that it targeted on saving and mobilizing creation of jobs in all sectors while also providing temporary assistance to people directly affected by the recession. Through the Act, people invested heavily in the healthcare sector thereby creating jobs and consequently leading to an improvement in the industry. The Act also compelled the Federal government to spend directly in the healthcare sector among several critical others such as education and energy. This is an award that was set up by the Congress in an attempt to raise awareness about the need for US companies to focus on quality management. The award is thus given to the companies that have observed and successfully implemented these quality management terms and systems. The awards are given to companies in several industries, among them being the healthcare sector. The award system has particularly been influential in facilitating improvement in the healthcare industry with notable areas of improvement being seen in the leadership, customer focus and human resource management and development. The Centers for Medicare and Medicaid Services (CMS) made a ruling on the implementation of this program which is the last Medicare pay-for-performance initiatives. Through this program, hospitals which perform poorly in reducing conditions and complications that patients acquire while undergoing treatment (secondary diagnosis), will have their inpatient payments funded by Medicare reduced. This ruling is meant to send a word of caution to hospitals on the need to improve their services and consequently lead to improved healthcare. It is expected that about 80 million Americans will be retiring within the next 20 years, which means that demand for primary care and other healthcare workforce will shoot drastically. This is, therefore, expected to prompt a demand for healthcare related employment opportunities thereby attracting more enrollment in education programs such as