Emergency Care Centers in the U.S
Industry Definiton:
This industry includes facilities consisted of licensed medical staff under one establishment that focuses primarily in providing emergency, general, or specialized outpatient care. This industry consists of hospitals, clinics, and centers.
Key External Indicators:
Key External Indicators include federal funding from Medacaid and Medicare, pivate health insurance, adults 65 and older,per capita dispoable income, and healthy eating indexs.
Key Success Factors:
The most important key success factors within this insudtry include recommendation/accreditation from authorative sources, understanding government policies and their implications, having a loyal customer base,effective product promotion, access tojhighly skilled workforce, and proximity tokey suopplies.
Demand Determinants:
The demand determinants of this industry is influenced by the general health of the population. Factors that affect the demand for this industry include diseases treated, technological developments. and costs of treatments.Diseases among a population is dependent on size, age and ethnicity. Technological developments increase the demand of this industry by increasing the number of services that can be provided. Cost of treatment affects the demand when people have healthcare insurance.
Revenue: $102.1 bn Profit: 14.0bn
Annual Growth 10-15: 4.3% Wages: 33.8 bn
Annual Growth 15-20: 4.7% Businesses: 21,031