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According to Dr. Relman, American health care system is a profit-driven industry and it has become a widely accepted theory these days. [10] Since the term was introduced 40 years ago, health care industry has developed into even a larger, greater and flourishing industry.
Most Americans have private health insurance, and non-emergency health care rationing decisions are made based on what the insurance company or government insurance will pay for, what the patient is willing to pay for (though health care prices are often not transparent), and the ability and willingness of the provider to perform uncompensated ...
The idea that mortality should be used to influence the distribution of health resources was questioned on the grounds that most health care is provided for people who do not die. The formula devised by the Resource Allocation Working Party survived until 1989 and did reduce the funding gap between the Northern regions and London.
In the context of an entire economy, resources can be allocated by various means, such as markets, or planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. [1]
In healthcare, management science plays a crucial role in optimizing resource allocation, patient scheduling, and facility management. Mathematical models aid healthcare professionals in streamlining operations, reducing waiting times, and improving overall efficiency in the delivery of care.
These include discussions on functional vs. cross-functional resource allocation as well as processes espoused by organizations like the Project Management Institute (PMI) through their Project Management Body of Knowledge (PMBOK) methodology of project management. Resource management is a key element to activity resource estimating and project ...
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