Healthcare Economics Resources

RESOURCES In Healthcare economics resources relate to the collective means of production, properties and assets of the healthcare organization and other assets used to produce quality healthcare services to meet the needs and wants of the consumers. Resources include human, equipment, technology, capital, time etc. that are used in producing goods and services in the healthcare system. Human resources comprise of professionals and paraprofessional including doctors, nurses, technicians and technologists, healthcare administrator, and others who are charged with accomplishing the goals and objectives and the development of the healthcare system. It is significant and important for hospitals and healthcare agencies to evaluate their resources at set times periods. This includes accreditation self-studies. For examples,
During the period of Re-Accreditation, my agency hired professional consultants three years before the re-accreditation was due. The team of consultants recommended effective and efficient self-study of our facility and resources in particular. It was discovered that hospital equipment, including novel technological equipment such as power control Hoyer lifts, which was highly needed for

In essence, resources can equally be defined as the things necessary for technological development and application in the healthcare system. While both resources and technology are framed and expressed in fiscal terms as costs. Hence, to understand the value of resources and technology, their values and costs are framed in monetary value. It is a need to know that technology is not human. Humans use technology to improve the quality of life, and extend the lives of people. Over all, in the healthcare system we must be and remain passionate human beings who serve with pride and