The report analyzes the US healthcare industry in the perspective of rising costs and a growing elderly population. The report contains an assessment based on the PEST model, covering the relevant political, economic, social and technological factors that have strong implications for the development of the industry.
The report also evaluates the industry using Michael Porters Five Forces framework. It goes on to describe the competitive landscape by profiling the main players and providing a brief analysis of their financial performance.
Some of the key trends include:
- Increased focus on single-specialty units - Transition to electronic medical records - Growing IT spend - Transition to electronic medical records - Medical tourism - Rising healthcare costs
Many believe that an increase in healthcare spend has not translated into a improvement in public health. The US ranks low among industrialized countries in life expectancy and infant mortality.
Enrollment to Managed Care Programs—predominantly preferred provider organizations, health maintenance organizations, and hybrid plans such as point-of- service programs - continues to grow.
