Review of Cybertherapy and Telemedicine †Free Samples to Students

Question: Discuss about the Review of Cybertherapy and Telemedicine. Answer: Introduction: The privately operated and owned hospitals charge patient fees for services and accommodation like- day care, psychiatric and acute care, In Australia, there are around 573 private hospitals equate to 41% of the total hospital care system provided in Australia (Abs.gov.au., 2017). Although private and public hospitals are offering the identical core products but the way the products and services are delivered is very different. According to Australian Bureau of Statistics (2013), the private health care sector allows the generation of 140 billion dollars each year in the Australian economy, as well as, supports 3, 03,000 employees working for the hospitals. The main purpose of this report is to evaluate the marketing strategies used by the hospital in the last few years through SWOT analysis and Competitive Analysis of the industry environment. In addition to it, the recent trend followed by the industry and ethical issues faced within the industry is also discussed. Private sector hospitals are recently undergoing significant structural changes (Barr, 2014). As per Australian Private Hospitals Association, (2016), private healthcare sectors are now performing complex techniques, relevance for day surgery is increasing, hospitals relationship with different types of health funds are significantly changing. Co-located private and public sector hospitals are recently becoming more popular (Brown Barnett, 2014). PRIVATE HOSPITALS, AustraliaSelected years 2005-6 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 Hospitals (no.) 547 593 592 601 612 624 630 Beds/chairs (no.) (a) 26,227 28,351 29,004 29,827 30,920 31,774 33,074 Separations ('000) 2,925 3,707 3,899 4,178 4,344 4,565 4,706 Patient days ('000) 7,473 8,851 8,999 9,385 9,957 10,423 10,694 Full-time equivalent staff (b) 50,001 58,448 57,495 60,387 62,413 64,429 66,800 Income ('000) (c) 7,001,113 10,649,650 11,227,908 11,802,649 12,731,130 13,894,732 14,745,862 Expenditure ('000) (d) 6,497,930 9,609,992 10,043,218 10,629,666 11,350,961 12,358,883 13,138,710 Gross capital expenditure ('000) (e) 387,366 721,529 492,198 712,879 765,336 908,066 1,185,799 Table I: Growth over the last 10 years in Private Sector Hospitals Source: (Abs.gov.au., 2017) Competition Rivalry between Private Hospitals: The private hospitals make business by efficient delivery of services to its patients. Nowadays, doctors generate more demand in the interest of the patients and major part of the treatment bill is paid from the health funds on behalf of the contributors. In Australia, private hospitals are competing with the public sector hospitals by providing free treatment to the public patients. In the recent times, key changes in the healthcare industry structure has mainly occurred for the profit-sectors, like the Ramsay acquisition for its benchmark group of private hospitals, as per Australian Private Hospitals Association, (2016). The number of private beds has been increased that has strengthened Ramsays market coverage and by further making ten hospitals in South and Victoria. As per profit, the largest market share is owned by Affinity, which has 5360 beds (42%) followed by Ramsay Healthcare with 3680 beds (29%). The fortune of private hospital depends mostly on the capability to engage the reputed professionals or doctors, thereby securing its contracts in the funds available for health. Moreover, around 30% of the patients already decide the hospitals in which they are going to be treated according to Australian Institute of Health and Welfare, (2013). Thus, private sector hospitals can compete through marketing their facilities, range of procedures and services, location that is accessible for the patients and visitors, reputation or prestige and contracts with health funds. The competition between the private hospitals for its patients is quiet dissimilar then the way the hospitals are competing for doctors. The private healthcares often require informing the potential patients about the services and facilities provided by them (Brown Barnett, 2014). In few cases, this involves advertising it in the media. During 2012-2014, in Australia around 15 % of the insured patients were received their medical treatment or facilities in public sector hospitals as per Australian Private Hospitals Association, (2016). Both the public and private healthcare industries operate its functions in market conditions, which are unalike. The public healthcare industry focus is on treating the seriously and acutely ill patients with severe chronic conditions or ailments. Many public healthcare organizations are now providing treatments, facilities and services, which were earlier only available at great private hospitals (Wiederhold, 2013). Therefore, the insured patients with any kind of aliments and the representative doctors will always have alternative to choose the best private sector hospitals. Competition due to Non Profit Private Hospitals: The private sector hospitals that are controlled by the charitable and religious institutions provide an alternative solution to the Australian patients by giving them private hospitals services (Canta Leroux, 2016). During 2008-09, the religious or charitable institutes providing hospitals services accounted for total 37% of the beds available in psychiatric and acute private hospitals as per Australian Institute of Health and Welfare, (2013). In the non-profit sector, Sister of Charity holds maximum market share, which is 30%, with 2586 beds. An organization must consider its strengths, weaknesses, opportunities and threats for re-evaluation of procedures or planning any vital campaigns (Moschis Bellenger, 2013). In order to understand the factors the recent opportunities and challenges facing the private healthcare segment SWOT analysis is done. The SWOT analysis discussed in Table II is the most efficient way for visualizing the factors influencing the internal and external environments of the private hospitals Strengths Weaknesses Affiliated with nationally recognised brand. Comfortable and well-managed facility. 5-star servicing Reputation within the communities Limited patient capacity Potentially outdated facilities Lack of exposure Minimum funds provided by the Government. Opportunities Threats Increased privacy and comfort for patients Funding and support from a affluent and reputable organisation Local public hospitals are expanding due to the increased funding that is presented in the Federal Budget of 2016-2017. Table II: SWOT Analysis of Private Hospitals Recent Industrial Trends: By growing consolidation as well as rationalisation, the healthcare profit segment industry works in oligopoly market condition. The major organisation owning 92% of the profit shares in private hospital sectors (Abs.gov.au., 2017). In the private healthcare segment, each hospital or organisation has its unique and identical positioning in the key markets as well as classified and referring network of doctors. This further put a limitation to the competition rivalry going on between the organizations in the industry as per Australian Private Hospitals Association, (2016). Moreover, increase in the number of senior citizen in Australia, the awareness for the want of qualitative health care and need for the health related services will grow rapidly in the near future Factors influencing Operating activities of Private Hospitals: Through PESTEL analysis, the external environmental factors that influence the operating conditions of the private sector hospitals in Australia can be determined. FACTORS OBSERVATIONS Political Australian political parties made an agreement to eradicate private sector health insurance rebate facilities from all such policies that covers only treatment for public hospital. The private health fund premiums have been increased to 6.4% and overall profit has increased to 8.9% as per Australian Federal Government, (2016). Economic Australian federal budget will provide $36.3million to the Medicare Benefit Schedule in the next four years according to Australian Bureau of Statistics, (2013). Policy measures are taken to encourage the high income earners for opting private sector health care facilities that are non congested as compared to public sectors (Canta Leroux, 2016). Social The cost of repairing and renewing aging population in Australia is increasing by 20% per year in orthopaedic or hip replacement surgery as per Australian Institute of Health and Welfare, (2013). Increased government funding as well as facilities promoting health care have provided opportunities to generate profit for large private hospital chains. Technological With the advancement of modern technology which aim to bring together different platforms with innovative clinical changes. Environmental New waste disposal laws have been brought into effect for the disposal of hazardous and clinical wastes (Barr, 2014). Using energy efficient methods and backup generators during emergency. Legal With new competitive regulations, price fixing has been restricted in private hospitals. Healthy and safety regulations are to be abided by all private sector hospitals. Ethical challenges in Healthcare: In the healthcare sector providing the patient with good care and avoiding any harm to the patient mentally and physically are the major cornerstones of ethical practices (McGorry, Bates Birchwood, 2013). The ethical issues that are faced by the industries are as follows: The hospitals must have certain ethical guidelines to avoid any conflicts of Interest by governing the behaviours of their professionals (Canta Leroux, 2016). The hospital management team also scrutinizes whether their board of directors and trustees should be allowed or not to maintain the financial ties with the health system or institution by selling its own goods and services. These are the patient having less decision-making capacity about their medical condition. The responsibility for making the decision and choosing the best treatment option falls on their legally authorised representatives (Wiederhold, 2013). The rational decision for the patients best interest or known preferences is to be made by them. It is vital for a healthcare organization to support efficient care of the patients by providing ethically sound policy, fair and clear processes (Ducket Willcox, 2015). Furthermore, ongoing ethics education should be provided at all levels for patient care. Proper access to clinical ethics consultation services should be there so that the patient can consult with the clinicians on critical cases. Ethics consultants or committee members need to be well aware of the hospitals policies as well as have additional ethical trainings. They should be available to assist the patients, families and the employees (Hartung et al., 2015). They should resolve any perceived conflict if arises between the parties. The clinicians can tackle most of the problems by blending support mechanism and formal ethical policy (Knani, 2014). The hospitals should avoid any kinds of conflicts by properly governing the behaviour of the professionals and employees within the organisation. Conclusion: Thus, it can be concluded that the healthcare Industry of Australia is a booming Industry. Over the past few decades, the healthcare industries, which focus is to help others has gradually become entrenched as the countrys biggest employer. The healthcare facilities in Australia are largely provided by the government or private operated hospitals and private medical practitioners. The cost of the medical services are generally paid by the government agencies or private insurance, and the balance amount is payable by the patient itself. Medicare is the universal health care approach followed in Australia. This primary health system subsidises most of the medical costs for all permanent residents or citizens of Australia. The private hospitals involvement in the healthcare sector is provided in variety of forms that even includes the delivery of services to few of the public patients 70% of Australians who are admitted for rehabilitations are mostly treated in private hospitals. Reference List: Abs.gov.au. (2017).4390.0 - Private Hospitals, Australia, 2015-16. [online] Available at: https://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/4390.0~2015-16~Main%20Features~All%20Private%20Hospitals%20-%20summary~2 [Accessed 22 Nov. 2017]. Australian Bureau of Statistics, 2013. Buderim. [Online] Available at: https://censusdata.abs.gov.au/census_services/getproduct/census/2011/quickstat/SSC30254?opendocu mentnavpos=220 [Accessed 22 Nov 2017]. Australian Federal Government, 2016. Federal Budget 2016-2017: Part 2 Expense Measures. 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