Health industry is one of the largest and fastest growing sectors of the world economy. Consuming more than 10% of GDP in most developed countries, the health industry forms a significant part of the economies of developed countries (Schansberg, 2014). An analysis of the specifics of the health industry revealed six major forces affecting the growth prospects, namely the rapid aging of the population in all developed and many developing countries; a growing labor shortage of middle and junior managers; the introduction of new medical procedures; development and implementation of new treatment technologies; the health industry market globalization; and ...
Essays on Greystone
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