Health care includes the range of medical and psychiatric products and services that seek to keep people healthy. As populations grow and age, healthcare systems necessarily become more complex, and can themselves represent huge markets: in the United States, spending on healthcare is currently about 16% of the country’s GDP. Beyond being a potentially profitable industry, healthcare also presents challenges for executives: including cost-effectively keeping employees healthy; and navigating the often-complex world of healthcare delivery, which can include governments and health maintenance organizations (HMOs).
Healthcare: Once a Practice, Now a Business
By Emily Cataneo on Jul 04, 2020
Spurred by changes in the American healthcare system over the past five years, medical professionals are flocking to executive education programs to learn business skills