Tuesday, February 4, 2020

Financial analysis in healthcare Coursework Example | Topics and Well Written Essays - 2500 words

Financial analysis in healthcare - Coursework Example First, there is likely to a shortage of health care facilities. This is because the central government controls the health facilities. With such a low gross domestic income, the country may not be able to set up adequate health facilities to serve the public. WHO recommends that the health facilities should be at least five kilometres from where people live, in this case, this may not be possible making the health care centres inaccessible (Torrance, 2009, p. 34). As a result, the health care in this country can be described as poor Secondly, there is a shortage of health workforce team. Since the government is the sole employer, with the meager resources it is earning, it may fail to employ adequate staff to attend to people. As a result, there will be pooling of people at the hospitals without adequate staff to attend to them. Besides, with this shortage the workers can prefer to work in the private sector where the salary is promising. This will make the few workers at the hospital to be overworked and unable to deliver the services. With the majority of the workers without proper orientation on how to manage the health care finances, they may fail to meet the demands of the government and that of the citizens. Citizens as the consumers of health care suffer from the poor health care. First, they do not have adequate finance to pay for the health care services. This is because first they do not have access to insurance that would have made it easy to pay for the health care bills. For the few who can pay from their pocket in the private market or hospitals, the services are given based on the user fees. This will make the users not to get adequate health. Secondly, the health insurance that is provided by the private sector is not accessible to all. This is because only a few can afford the said insurance either because it is expensive or inaccessible. Besides, there is no mandatory insurance scheme. Without any cost sharing, there is likely to be a

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