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Healthcare / Life Sciences

The Healthcare Industry is one of the largest and fastest growing business sectors in the world. This overall expansion means many job opportunities for those with the skills and training necessary to fill open positions.  Over the past decade, providers have seen dramatic changes in overall market dynamics, the delivery of care and use of advanced technology, and customer behavior. In particular are those changes which are occurring in the United States with healthcare reform and The Patient Protection and Affordable Care Act of 2010.

Healthcare spending typically accounts for more than 10% of GDP in developed nations, but in the US, this figure approaches twice that amount.  The US has the largest and costliest medical infrastructure in the world.  One of the main reasons for increased spending is due to an aging population.  In 2011, baby boomers started turning 65 in large numbers, and for almost the next 20 years, 10,000 Americans will turn age 65 each day.  Advanced medical care and healthier lifestyles are helping more people live longer, with the average life expectancy now approaching 80 years.

Directly related to increased longevity is that healthcare service delivery also continues to evolve.  Emphasis on standards of care and best practices has placed more of a role on preventive measures to support healthy lifestyles and disease management, using less invasive measures on an outpatient basis.  This shift is away from that of traditional hospital-based acute care, focused on episodic / symptomatic treatment with more invasive procedures.  Employer-based health insurance places more emphasis on prevention, better nutrition / healthier eating, fitness / wellness programs, and related education.

Current and future trends indicate tremendous business opportunities on both sides of the Washington healthcare reform debate.  Rising medical and administrative costs will be addressed at the business level, as modern service models increase efficiency with the advanced use of technology.  More business-like approaches to healthcare delivery key on process standardization, along with implementing new service models.  Online record-keeping and consultations will increase convenience and reduce patient costs.  Mobile lab and diagnostic imaging centers make testing more accessible to consumers.  Medical record keeping is particularly interesting, as web and mobile technology will make it easier for doctors to access, update, and share patients’ case histories and prescription drug details.  This communication will only enhance diagnoses while reducing the likelihood of complications.

Synergetics has a proven track-record of helping healthcare organizations succeed in delivering their objectives in today’s environment.  Against a backdrop of an industry going through significant change with much driven by enhanced government regulations, healthcare providers must adapt to ensure sustained growth and development in a challenging environment.  We can help your organization build on current operations, implement best practices, assist in the efficient use of advanced technology and information systems, and deliver business solutions to ensure your long-term success.

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