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This is an accepted version of this page This is the latest accepted revision, reviewed on 9 December 2024. Economic sector focused on health An insurance form with pills The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive ...
The medical–industrial complex (MIC) refers to a network of interactions between pharmaceutical corporations, health care personnel, and medical conglomerates to supply health care-related products and services for a profit. [1] [2] The term is derived from the idea of the military–industrial complex. [3]
The medical-industrial complex describes the conflict of interest present between physicians and the healthcare industry. [10] Physicians who invest in medical device companies may be biased towards certain medical devices or treatments, creating a conflict of interest between doing what is best for a patient versus what is in their best ...
Industry self-regulation is the process whereby members of an industry, trade or sector of the economy monitor their own adherence to legal, ethical, or safety standards, rather than have an outside, independent agency such as a third party entity or governmental regulator monitor and enforce those standards. [1]
Both health information and financial information now made digital within the health industry might become a larger target for cyber-crime. Even with multiple different types of safeguards hackers somehow still find their way in so the security that is in place needs to constantly be updated to prevent these breaches.
An efficient health care system can contribute to a significant part of a country's economy, development, and industrialization. Health care is an important determinant in promoting the general physical and mental health and well-being of people around the world. [5]
Health security is a concept or framework for public health issues which includes protection of national populations from external health threats such as pandemics. [ 4 ] Four types of security may be considered in this context: biosecurity ; global health security; human security ; and national security .
Unions also strongly influence job security. Jobs that traditionally have a strong union presence such as many government jobs and jobs in education, healthcare and law enforcement are considered very secure while many non-unionized private sector jobs are generally believed to offer lower job security, although this varies by industry and ...
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