Healthcare Industry in United States

Health care in the United States is provided by many separate legal entities. Current estimates put US healthcare spending at approximately 15% of GDP, which is the highest in the world. The United States spends the highest percentage of health care costs on pharmaceuticals in the world. The health share of gross domestic product (GDP) is expected to hold steady in 2006 before resuming its historical upward trend, reaching 19.6 percent of GDP by 2016. In the United States, around 85% of citizens have health insurance, either through their employer or purchased individually.

The federal government does not guarantee universal health care to all its citizens, but certain publicly-funded health care programs help to provide for some of the elderly, disabled, and the poor and federal law ensures public access to emergency services regardless of ability to pay. Those without health insurance coverage are expected to pay privately for medical services. Health insurance is expensive and medical bills are overwhelmingly the most common reason for personal bankruptcy in the United States.

This report from Aruvian's R'search on the Healthcare Industry in United States looks at the overall industry, starting with the basic market analysis, and leading on to analyzing the major issues facing the industry today. The report contains two Michael Porter’s Five Forces Analysis, and an industry analysis through the PEST framework. A look at the major players, growth drivers, the issue of GPOs in the healthcare industry, outsourcing trends, role of IT in the industry, and a lot more factors are looked at in this report.

Table of Contents :

A. Executive Summary

B. Analyzing the Industry
Defining the Market
Business Segments
Industry Scenario
Investments in the Industry

C. Growth Drivers

D. Barriers to Industry Growth

E. Looking at the Healthcare Workforce
Types of Jobs Available
Workforce Issues
Role of US Department of Labor

F. Group Purchasing Organizations & the Healthcare Industry
Overview
Financial Burden of GPO Activities
The Economic Impact of GPOs on the Healthcare Industry
Healthcare Group Purchasing Industry Initiative (HGPII)
Growth Trends of GPOs
Structure of GPOs

G. Michael Porter’s Analysis of GPOs in the Healthcare Industry
Intra-Industry Competition
Oligopolistic Competition
Market Domination by GPOs
New Entrants & Threat of Competition
Bargaining Power of Suppliers & Buyers

H. Michael Porter’s Analysis of the US Healthcare Industry
Power of Suppliers & Buyers
Competition
Threat of New Entrants
Threat of Industry Substitution

I. Health Care Industry Evolution and the Role of Information Technology

J. Outsourcing Trends in the Healthcare Industry

K. Budget Crises and the Impact on the Healthcare Industry

L. Analyzing Industry Growth

M. Looking at Competition

N. Analyzing the Industry through a PEST Framework
Political Features
Economic Features
Social Features
Technological Features

O. Waste & Emissions Profile of the US Healthcare Industry
Biohazardous Waste
Hazardous Chemical Waste
Wastewater Discharge Data for the Healthcare Industry
Air Emissions from the Healthcare Industry
Municipal Solid Waste

P. Analysis of Leading Market Players
AmerisourceBergen Corporation
Amsurg Corp
Advanced Medical Optics Inc
Allied Healthcare Group
BJC Healthcare
Cardinal Health
McKesson Corporation

Q. Directions for Industry Players

R. Future Outlook

S. Appendix

T. Glossary of Terms

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