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Digital art exhibit

Building A Healthcare
Micro-Economy

Much of the world suffers from insufficient or ill deployed healthcare resources predicated on a depleting circle theory. That is, a lack of qualified physicians leads to few high-quality facilities, and an absence of well-developed facilities becomes a barrier to attracting high quality medical practitioners.

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The "circle barrier" may be resolved through the development of a Healthcare Micro-Economy. Preicated on a combination of Foreign Direct Investment and local/national support, the influx of Foreign Exchange, coupled withh the elevetion of resources: Human Capital, Facility Development, and Technology Exchange results in a micro-economy that drives multiple critical economic sectors.

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One process of developing and establishing a sustainable Healthcare Micro Economy is to blend an investment-based for profit health service predicated on high fee surgical procedures that both stems outmigration of local patients with the ability to pay and supports in-migration of regional patients with an equal ability to pay. The cost basis of for such a service in most of the developing world allows for well-trained physicians to be attracted to the service while containing costs via the lower cost levels of staff and supplies that generally exist. The off-shoot of such an effort is then the redirection of profits from either a government or non-profit administered resource to public health initiatives.  

 

The Critical Pathway to the development of a sustainable Healthcare Micro Economy is:

 

  • Funded analysis of both most appropriate for-profit services to be provided and the most significant outcome based public health needs. 

  • Investment in for-profit facility meeting international accreditation standards. 

  • Recruitment of U.S. and European trained medical staff. 

  • Establishment of medical education and training partnerships between host nation and U.S. medical schools/residency programs. 

  • Implementation of Public Health Priorities. 

  • Development of educational, technological, research and support industries of the Healthcare Micro Economy. 

  • Replacement of initial outside medical experts with local staff educated/trained in the U.S. 

  • Expansion of both for-profit and public health services.

Direct Support Business
Employment Training
Indirect Econ Dev.
Funding: Local, P3, Foreign Direct Investment, Foreign Exchange, Fee for Service
Physicians
Hospital
Core Resources
Public Health
Educational Development
Technology Exchange
Research
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