Entrepreneurship Reflection Essay
Entrepreneurs are constantly trying to improve a procedure or create a new innovated idea that will make them known. It’s a matter of trying to bring their ideas to life in hopes to make a difference. This paper will go over: the effects of entrepreneurs in health care, positive and negative ways entrepreneurship affected health care and will include a current example of entrepreneurship. Entrepreneurship in health care
Entrepreneurs make changes in health care from how it’s delivered to the quality. Entrepreneurs are also “simplifying medical decisions, reinvigorating primary care, and lowering health-care costs” (Howard, 2010). They bring new ideas to the health care market that not only have the potential for recognition but it can also bring innovated ideas to health care. Is a time where people are looking for the lowest price and health care is not the exception. They are looking for new and improved technology and are often following what entrepreneurs have to offer.
Positive ways that entrepreneurship has affected the health care field
Entrepreneurs bring new technology that can help improve procedures, some of which can help move from inpatient to outpatient. This attracts patients looking for less invasive procedures that have a lower recovery time. Machines are taking less time to do the work a doctor or nurse can do which allows the facility to have more patients. New technology and the equipment used can help provide more data that doctors need to improve health care. Entrepreneurs are their own boss and often work on areas that they are passionate about which keeps them focus and can benefit the health care community. Entrepreneurs can make their own decisions and follow the projects they want to improve.
Negative ways that entrepreneurship has affected the health care field Depending on the health care facility, most do not like to invest on new ideas that come from
References: Howard, P. (2010). Health Care’s New Entrepreneurs. Retrieved from http://www.city-journal.org/2008/18_3_health_care_innovators.html Zimmerman, E. (2012, January 12). 12 entrepreneurs reinventing health care. Retrieved from http://money.cnn.com/galleries/2011/smallbusiness/1112/gallery.health-care-entrepreneurs/index.html