Market data analysis

The healthcare market has in recent years been experiencing significant changes. Developments such as patient demographics, regulatory and legislative changes and the introduction of new medical techniques and technologies are compelling a reevaluation of health data utility (Raghupadthi, & Raghupadthi, 2014). With most the information hosted on information technology infrastructure, cybersecurity is an ever present variable.


Don't use plagiarized sources. Get Your Custom Essay on
Market data analysis
Just from $13/Page
Order Essay

Collaboration across healthcare related industries can result in the development of unique products and services. A good example is Mayo’s collaboration with molecular and biotechnology firms to innovate novel medical procedures. Mergers and acquisitions afford participating hospitals economies of scale that can, in turn, translate to higher margins because provision of healthcare is a capital intensive industry. 

The higher margins that large care providers enjoy are a result of their being able to spread their fixed expenditures, an advantageous development in a very competitive industry. The maintenance and expansion of teaching is advantageous for hospitals because it not only ensures a ready supply of highly qualified healthcare professionals, but also enables such hospitals readily forecast treads in the healthcare industry. 


Changes in health insurance legislation, such as the rollout of the ACA, increased health insurance enrollment (Kowalski, 2014). Increased enrollments rates put a strain on the healthcare capacity nationwide because of the lack of a proportional expansion of hospitals and number of physicians per patient (Marr, 2015). Consequently, responding to major increases in patient volumes is an ongoing challenge.  

Like other capital intensive undertakings, hospitals often have to contend with bad debts that arise when they offer services to patients without insurance cover or the means to pay out of pocket. Although healthcare is a basic right, not everyone that hospitals caters to can afford the same because of various factors such individuals that lack a health insurance policy, unemployment or a combination of both. 

Hospitals have to continuously raise funds for the improvement and expansion of their infrastructure and services they offer. Fund raising for hospitals is not a straight forward operation, as administrators have to satisfy regulators and justify capital injection from financiers. To illustrate, hospitals with poor credit ratings or that have exhibited recent regularly irregularities cannot raise funds crucial for the improvement or expansion of their services. 

Data Points and Integration 

Healthcare providers rely on a variety of data points such as electronic health records (EHRs), capacity of health facility in question and social and community health determinants to manage the quality of care they deliver. Stakeholders and administrators use data to evaluate fundamental indicators such as adherence regulations, teaching and research, prudent fiscal management and quality of care. In recent years, cybersecurity threats have meant that organizations of all sizes have had to invest in measures to ensure the safety of data.  

Electronic health records (EHRs) have converged the interactions between caregivers and patients. Caregivers can readily access patient histories and identify best treatment interventions while patients can monitor the progress of treatment through the healthcare system and offer feedback to their attending physicians. The Mayo clinic’s website for instance makes it possible for patients to review treatment information and links them to primary caregivers for further consultations and treatment (MFMER, 2019). In order to ensure seamless access to its online services, the Mayo clinic has assigned its staff and patients unique access identifiers. Importantly, the clinic has stressed the importance of keeping access information safe and confidential.

The cybersecurity of patient records and other information is an important factor for stakeholders, administers and staff in determining the extent to which the hospital is fulfilling its mandate. A low frequency of major system breaches for example is indicative of a robust information technology environment.  

Cybersecurity is playing an increasing role in how policymakers and stakeholders approach the provision of medical services. Cyber security is important given that health data includes household compositions, communities’ access to first responder services, crime rates, education and income levels and so forth. Therefore, securing health-related data is a vital part of the delivery quality care to patients. 


Kowalski, A. E. (2014). The early impact of the Affordable Care Act state-by-state. National Bureau of Economic Research No. w20597 Retrieved from 

Marr, B. (2015). How big data is changing healthcare. Forbes Retrieved from 

Mayo Foundation for Medical Education and Research (MFMER) (2019). Patient online services. Retrieved from Raghupadthi, W., & Raghupadthi, V. (2014). Big data analytics in healthcare: Promise and potential. Health Information Science and Systems 2(3) Retrieved from

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code LEMONADE