17 Jul 2022

123

How Nature and Quantity of Services Affects Demand of Medical Services

Format: APA

Academic level: College

Paper type: Essay (Any Type)

Words: 806

Pages: 4

Downloads: 0

The role of health workforce in determining the nature and quantity of services 

Workforce imbalance in a health institution reduces the nature and the quantity of the services available. When the supply of the well-trained personnel in a health institution than nature and the quantity changers which increases demand

For example, the nature of the medical services is just a basic need. This means that medical services are needed by everyone to survive in the world. The quantity of the services is determined by the workforce which is provided by the institution ( Guerry, Anne D., et al ., 2015 ) .

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

The quantity of the given workforce which is skilled depends on the nature of the products provided. In the medical perspective then the quantity of the workforce provided depends on the skills and the level of the trained personnel which is given . The measure of the care from which different individuals should take depends on the workforce which is provided . When the workforce is well balanced, then the nature and the quantity of the services provided is affected. This means that the nature will affect the demand for the medical facilities which are provided increasing the profit-making value of the medical facilities.

The role of medical technology in determining nature and quantity of services 

High medical technology increases the demand for the medical facilities. When technology comes in the quantity of the products which are needed by the consumer's rises. With the production of high-end commodities. Provid4e by the commodity . It triggers the demand from the consumers. The nature of the medical facilities is affected by the high level of the commodities ( Grossman, 2017).  

Technology has increased the demand for the medical facilities. This is because it has affected the nature and the quantity of the services provided in health institutions.

For example, the statistics which was made in the year 2007 shows that the spending annually in the USA has risen from 76 billion to three trillion USA dollars. The equipment’s and the procedures help to promote the medical services to the people who are around. For example, the surgical methods which are provided by the technology have increased the quantity of the products which are needed by the consumers. The implantable defibrillators and the CT scanners have been developed which has led to the rising of the demand for the medical facilities by the consumers ( Dee-Philippa , 2014) . Heart disease in the united states of America is Avery deadly disease. With the improvement of the technology and increase in the medical technology. This quantity of the services which are brought that never existed before affects the demand of the consumers. The nature of the medical services is now in high demand due to their treatment value.

How nature and quantity of services created demand both warranted and warranted. 

Nature refers to the comparing of the demand depending on the dependency level of the medical services. This can be considered as the demand that is direct to the consumers. The type of demand portrayed by nature is called the autonomous demand . The natural urge of people to consume a particular type of commodity. This is highly linked to the medical attention. Some of the products which are essential to the human individuals are like . Food, shelter and clothing. T he medical services are basic to an individual. This is their nature. For this reasons then the consumption rate to the consumers is very high. It is necessary for them to use the medical facility increasing the demand.

When the nature of the commodity is like a luxurious car, then the nature is not basic . This does not attract many consumers. It only targets the population looking for entertainment. The demand is low. The demand for diesel, other lubricants and petrol depend on the need of the vehicles. This means the nature of this commodities is not competitive ( Bergstrom, 2016) . Like the medical services when the services provided and the workforce which is accompanied by technology then the demand is high.

The quantity of the medical services determines the demand. The amount of the medical products the consumers need affects the demand for the products. The quantity of the medical services demanded depends on the nature of the commodities at the fixed price.

The demand is low when the quantity of the medical services is low. When the consumer’s products needed is low. Then the demand is low . Unlike the medical services where the rate of which the consumers need the products is high. This increases the demand level and profit masking.

Nature and quantity of services 

Nature is hoed basic the medical facilities tend to be to the consumers. The quantity of services determines the number of the commodities that the consumers desire.

In conclusion, the workforce and the medical services in a medical institution affects the nature and the quantity of services. In return this quality affects the demand for the medical facilities.

Reference 

Bergstrom, K. John , C., and Alan R. ( 2016 ) .  Resource economics: an economic approach to natural resource and environmental policy . Edward Elgar Publishing . 

Dee-Philippa , Y., and Kevin H .( 2014 ) . " Measuring the cost of the barriers to trade in services."  Services Trade Reform: Making Sense of It . 97-123. 

Grossman, M. (2017).  Demand for health: A theoretical and empirical investigation . Columbia University Press. 

Guerry, Anne D., et al. (2015 ). "Natural capital and ecosystem services informing decisions: From promise to practice."  Proceedings of the National Academy of Sciences  112.24: 7348-7355. 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 14). How Nature and Quantity of Services Affects Demand of Medical Services.
https://studybounty.com/how-nature-and-quantity-of-services-affects-demand-of-medical-services-essay

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

Vaccine Choice Canada Interest Group

Vaccine Choice Canada Interest Group Brief description of the group Vaccine Choice Canada, VCC, denotes Canada's leading anti-vaccination group. Initially, the anti-vaccination group was regarded as Vaccination...

Words: 588

Pages: 2

Views: 145

Regulation for Nursing Practice Staff Development Meeting

Describe the differences between a board of nursing and a professional nurse association. A board of nursing (BON) refers to a professional organization tasked with the responsibility of representing nurses in...

Words: 809

Pages: 3

Views: 191

Moral and Ethical Decision Making

Moral and Ethical Decision Making Healthcare is one of the institutions where technology had taken lead. With the emerging different kinds of diseases, technology had been put on the frontline to curb some of the...

Words: 576

Pages: 2

Views: 88

COVID-19 and Ethical Dilemmas on Nurses

Nurses are key players in the health care sector of a nation. They provide care and information to patients and occupy leadership positions in the health systems, hospitals, and other related organizations. However,...

Words: 1274

Pages: 5

Views: 77

Health Insurance and Reimbursement

There are as many as 5000 hospitals in the United States equipped to meet the health needs of a diversified population whenever they arise. The majority of the facilities offer medical and surgical care for...

Words: 1239

Pages: 4

Views: 438

Preventing Postoperative Wound Infections

Tesla Inc. is an American based multinational company dealing with clean energy and electric vehicles to transition the world into exploiting sustainable energy. The dream of developing an electric car was...

Words: 522

Pages: 5

Views: 357

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration