Browsed by
Category: Health Care

Healthcare Industry Japan Cosmeceuticals Industry Research Report

Healthcare Industry Japan Cosmeceuticals Industry Research Report

The credit crunch in the economy over the years has restricted the consumer spending capacity however urbanization supported dermaceuticals demand

Japan’s economy underwent drastic changes due to several catastrophic events such as tsunami, earthquakes and nuclear disasters which adversely affected the industry outputs and dampened consumer confidence in the economy which is expected to stabilize in near future. Varying demographics and rising lifestyle are expected to grow the healthcare expenditure in Japan. Over the review period 2007-2012, the per capita expenditure on health has grown at a year on year average growth rate of 3.4%. This has stimulated the demand for medicated skin care and hair care cosmetics in the country.

Dermaceuticals in the country has been largely confined to skin care sector, and within this anti-aging market dominated the industry over the past five years from 2007-2012. In production value terms, Japanese medicated cosmetics market has showcased various ups and downs in its growth over the review period 2007-2012.

Varying demographics and rising lifestyle are expected to grow the healthcare expenditure in Japan. Over the review period 2007-2012, the per capita expenditure on health has grown at a year on year average growth rate of 3.4%. This has stimulated the demand for medicated skin care and hair care cosmetics in the country.

Urbanization led to increase in the consciousness of health and wellness among Japanese people which inclined the demand for cosmeceuticals in the country. The urban population in Japan is anticipated to grow at an average annual growth rate of 1.6% in the next five years from 2012-2017 reaching to 126.2 million in 2017. This will strengthen the medicated cosmetics market in Japan in future.

The report on -Japan Cosmeceuticals Industry Outlook to 2017- Shifting Consumer Attention to Economical Products- highlights major events taken place in Japan cosmeceuticals industry in the last five years. The report provides comprehensive analysis of the industry with discussion on its segments and sub-segments performance to identify future expected demand of cosmeceuticals in Japan. Study will assist cosmeceutical producers, retailers, wholesalers, distribution chain owners, marketers and other stakeholders to form up strategies considering the past and expected future trend.

Read More:

Contact Person: Ankur Gupta
E-mail:

Fraud And Abuse A Major Reason For Waste In The Us Healthcare Spending

Fraud And Abuse A Major Reason For Waste In The Us Healthcare Spending

Health care fraud and abuse is an important and conspicuous factor in the resource and finance drain in the US healthcare system and is responsible, to an extent, for the escalating healthcare costs.

According to a report by Thomson Reuters on US healthcare spending, the US healthcare system wastes between $505 billion and $850 billion every year, out of which the waste caused due to Fraud and abuse constitutes $200 billion, or 22% of healthcare waste every year.

The following chart shows the percentage of waste caused due to different parameters in the US healthcare spending.

Source: Healthcare analytics, Thomson Reuters

What is healthcare fraud and abuse?

Health care fraud is a criminal act in which a consumer or physician(s) deliberately misrepresents facts or information, for the purpose of undeserved or greater reimbursement. Health care abuse is a reckless disregard or conduct that goes against and is inconsistent with acceptable business and/or medical practices resulting in greater reimbursement.

How to prevent it?

Health care fraud and abuse has played such a vital role in increasing the cost of health care and has become a pertinent issue for the government as well as the general public. The question is how to prevent it?

Both Consumers and physicians have to be alert to the possibility of fraud and abuse and work to prevent it. Consumers need to get involved with their health care beyond the point of going to the doctor and taking medication. They need to be educated on their insurance plan, how much they pay, the proper names of their ailments, and they need to keep track of the services they receive and why they receive them. Simple tips that may help prevent fraud and abuse include:

“Review Explanation of Benefits to ensure accurate dates of service, name of providers, and types of services reported
“Protect insurance card and personal information at all times
“Count pills each time they pick up a prescription
“Research providers with state’s medical boards
“Report suspected fraud and abuse as soon as possible

Along with consumers, physicians too must check for any unintentional fraud and abuse happening around them. They can have training and awareness amongst their staff to prevent unintentional fraud. These joint efforts would definitely check the fraud and abuse rate in the United States and ultimately bring down the overall cost of healthcare.

For more Information visit: Phoenix Medical Billing (), San Diego Medical Billing () , San Francisco Medical Billing ()

Tej Kohli Foundation Works To Provide Healthcare To India’s Poorest People

Tej Kohli Foundation Works To Provide Healthcare To India’s Poorest People

A recent review of public healthcare spending indicates that India ranks 171 out of 175 countries in the amount of money spent. India spends less than 5.2 percent of the GDP – 4.3 percent is contributed by the private sector leaving the government to spend only 0.9 percent on public healthcare.

While India has made great economic strides over the past decade, it is still the poorest country in the world with 51 percent of its population or 844 million people living in oppressive poverty. While the economic development of the country is proceeding at a sound pace, the health of the population is dropping. The urgent need to provide basic healthcare to India’s most impoverished people is a concern of many different humanitarian and religious relief groups.

The Tej Kohli Foundation, a privately funded non-profit humanitarian relief organization based in Guragaon, India, is one of the many charities offering aid and assistance to thousands of India’s poorest children. Compelled by an awareness of the need and by a heartfelt desire to help make the world a healthier, happier place, India born entrepreneur Tej Kohli established the foundation in 2005. Entirely financially funded by Mr. Kohli, the Tej Kohli Foundation attempts to lift the burden of poverty by providing food, educational opportunities, clean drinking water, adequate sanitation and medical services to India’s poorest people.

Tej Kohli, visionary philanthropist, international businessman and chief donor to the Tej Kohli Foundation notes, “Children determine the future. If a country nurtures these children’s talents from a young age, it will be capable of raising its living standards. The Tej Kohli Foundation cannot cater to each and every child in India but we hope our work will encourage our country to unite and make life better for Indian children”.

Staffed by a compassionate group of dedicated volunteers, the Tej Kohli Foundation strives to reduce poverty and illiteracy, launching education and health programs in both India and Costa Rica. The Tej Kohli Foundation operates on the premise that -the desire to help others is a primary human drive that, if harnessed correctly, inestimably benefits those who receive it.- Holding a diverse portfolio of commercial and charitable operations in India, the Americas, the Middle East and Europe, Tej Kohli is an international businessman and compassionate philanthropist; a shining example of -compassion in action.-

“I’m just happy to help spread a little bit of happiness into their lives,” says Tej. “And as we grow we’ll help a lot more people have a chance at a lasting, brighter future.”

Is There Any Difference Between EHR and EMR

Is There Any Difference Between EHR and EMR

Often patients and medical professionals within the health care industry refer to electronic health records (EHR) and electronic medical records (EMR) interchangeably; however, these two systems actually serve somewhat different purposes. As far as EHR is concerned it is the sum total of a digital patient medical record accumulated over a period of time across different healthcare setups. Where as EMR is a digital patient medical record created at an individual healthcare setup. There is sizeable difference between the two one is at a macro level where as the other version of digital medical record is at a micro level.

The EHR (electronic health records) data can come through different community health workers, physician clinics, diagnostic labs, hospitals, pharmacies, patients and so on. It is a collection of data that, which is created, complied and shared across the entire healthcare system. It may be made up of electronic medical records (EMRs) from many locations and/or sources. A variety of types of healthcare-related information may be stored and accessed in this way. Electronic health record systems of today have a much broader range of functionality compared to early EMR’s that were used by clinicians mostly for diagnosis and treatment.

A typical EHR (electronic health records) system would include the following important features: digital patient records created across a network of healthcare setups, ability to seamlessly share information across the entire healthcare system, integration capabilities, support for PQRI automation, software that is also adaptive learning, secure portability features, integrated patient portal, no right templates, effective document/image management, voice recognition and handwriting recognition technology and meets other technical and legal requirements. There are numerous federal and state regulatory and compliance issues that you must be aware of. Having an EMR Solution that has guidelines programmed in (and is constantly updated by the vendor’s system) will keep you legally safe all year round.

An EHR (electronic health record) loaded with above features may definitely help to streamline the overall process of physician (or hospital) workflow. It can deliver unmatched benefits to doctors by way of time savings, easy storage solution, benefits of integration, timely access of patient medical records, improved quality of patient service, reduction in costs and better profit margins (ROI) for the practice. As discussed earlier EHR data is the sum total of patient medical information compiled across different healthcare setups, this aides in the overall process of diagnosis and treatment leading into better quality of patient service and patient satisfaction.

EHR has an advantage over EMR, as in being an aggregate of electronic records of health-information accumulated over time; the information being able to be transferred and accessed within the health care organization. These records would provide all the relevant medical history, medication and allergies, immunization status, laboratory test results, radiology images and billing status information of an individual or population, which would in turn enhance patient – treatment and care. Not to mention avoiding the hassle of safe-keeping papers and reports, ensuring easy storage and retrieval of health records at any given time. An added advantage is that, information can be shared and updated among attending practitioners and health organizations with ease.

EHR is bound to become one of the means of taking medical services to new heights. The word “health” is a much broader term that covers much more than the word “medical” does. The EHR’s (electronic health records) of today simply go a lot further than that of early EMR’s.

When Choosing In Home Care, Parker Residents Can Select The Appropriate Level Of Care

When Choosing In Home Care, Parker Residents Can Select The Appropriate Level Of Care

As senior citizens in Denver and its suburbs age, they will often find a need for additional home care. Parker seniors and adult children of those seniors can get the assistance they need to provide their loved one with quality home health care. Parker has several service provider options, with many levels of care available.

Seniors often require necessary surgery in order to maintain their good health and may need recovery assistance in the form of in home care. Parker residents who are elderly, single and facing a recovery period alone would benefit from in home care. Parker aides can assist with everything you might need, including bed positioning, help with personal grooming and even round-the-clock care as part of their complete home care services. Parker seniors will find that their recovery happens more on schedule, and family members will have the help they need to ensure that the aging senior is properly taken care of when utilizing home care services. Parker care providers can offer this and other helpful services for you and your special senior’s comfort and well-being.

There are other activities with which you might want the assistance of a home health aide. Parker service providers can drive you to grocery shopping, physician visits, visits to friends or wherever you need to go as part of their home care. Parker seniors find that this is a much safer choice, especially when they have vision or motor skills issues as they age and can benefit with help from home care. Parker seniors will also find that their aide is happy to attend meals with them, or religious services, as part of the care provided.

If meal preparation is not happening routinely, this can also become a task handled by home health care. Parker aides will make sure that meals are nutritionally balanced and can cook the meals as well as clean up afterward as part of their routine home health care. Parker seniors will greatly benefit from this kind of specialized care.

Another benefit enjoyed by adult children of seniors is when they enlist the help of home health care. Parker service providers can give you respite from all day, every day care for an aging parent, allowing you time to work, take care of your own home and rest when you need it as part of their total home care. Parker sons and daughters will be able to provide even better care for their aging parents when they also remember to take care of themselves as well.

For further details on what is available for local home care, Parker residents can visit the website of quality service providers.

Healthcare IT Solutions A Win-Win for All Stakeholders

Healthcare IT Solutions A Win-Win for All Stakeholders

Information technology (IT) has helped change the face of many industries. It is because of IT, that many organizations have had to face a strategic inflection point in their business cycle, for the better. Sure, the change was initially difficult but eventually IT has only proved to be an excellent solution to the many challenges that an organization faces.

When it comes to the field of healthcare, industry professionals are better off focusing on their core competency, rather than channel their energies to other functions of the organization in order to ensure completion of tasks. This is the reason why outsourcing of hospital IT infrastructure is taking place across the industry. There are immense benefits once this activity is outsourced, since the hospital administration can then dedicate its focus to the patient’s well being.

Healthcare IT solutions provide benefits like the application of industry best practices, control of operating costs, ease in coordination between various functions of the organization, eventually leading to superior customer service, etc. Healthcare IT provides valuable information on a real-time basis, and patient records can be viewed by the stakeholders with ease. Outsourcing of healthcare information technology will also help the organization have an effective IT strategy in place that is in alignment with organizational goals. Also, outsourcing of IT-related services makes a lot of business sense for the organization, since upfront investments in IT and the creation of IT infrastructure is an expensive undertaking.

Medical IT is beneficial for patients, too. Electronic Health Records, which is one of the technologies, ensures that patients can conveniently access their medical reports online, thus reducing paperwork. The same reports can be viewed by their doctor which helps them make quick decisions. This can come in handy, especially during emergency situations. In cases where a patient may have to see multiple specialists for a particular illness, each of them can view the same report, once they have access to view it.

Hence, the emergence of IT in healthcare is a boon for all the stakeholders and helps a healthcare organization achieve a sustainable competitive advantage in the industry.

Vocational Healthcare Training Programs

Vocational Healthcare Training Programs

The health industry has grown exponentially to a very basic reason. The more it grows the better are the healthcare facilities in a country and the better is the healthcare facilities the more is the life expectancy of the people in that region. A higher expectancy of life simply means that there are more elderly people in a country i.e. there are more people to take care of. Hence healthcare training programs become very important.

Even more than doctors there is a bulk requirement for limitedly trained nurses. This is due the fact that the bulk of the care taking of the patients is undertaken by the nurses. Doctors can not take up the day to day services of the patient and these are taken up by the nurses. This has led to a demand for licensed vocational nurses.

A LVN assists the doctors in hospitals and also provides medical aids at homes where long term care taking of elderly people is required. Though a vocational nurse cannot do everything that a registered nurse does but for a lot of care taking jobs such as preparing rooms for new patients and giving the patients bath vocational nurses are required.

Though a vocational nurse can not do specialized jobs still she is licensed for phlebotomy i.e. collection of blood samples, administering general injections and taking blood pressures. Most vocational nurses take up specializations in their fields of liking after a few years of experience.

A job of a LVN is very promising as they receive high pays than people employed in other sectors with the same skills and generally also receive all other privileges that other trained medical workers receive. Moreover there is always a scope of earning more. In some cases astonishingly vocational nurses earn even more than RN’s.

Some vocational nurses may also receive specialization in the technical fields such as Ultrasound sonography. This increases their pays by leaps and bounds. After getting any such specialization they easily reduce their workloads of taking care of patients and still earn much more.

This also provides them with chances to receive accreditation of a registered nurse very easily just on the basis of a few years of experience and without any further training. Hence vocational nursing has today become a very much in demand and also a very respectable job. This has led to increase in competition as well. Hence getting a degree from a recognized school is extremely important. Enroll for LVN programs at the top private vocational LVN schools in California.

Healthcare Reform Rising Costs of Benefits Puts Onus on Employees

Healthcare Reform Rising Costs of Benefits Puts Onus on Employees

Up to 159 million Americans (52 percent) are covered by employer-sponsored plans. The Affordable Care Act is changing the group health insurance scenario. Employers are concerned about the rising cost of per-employee benefit costs and are expecting their employees to contribute more out of their pay checks to the benefits package. This is borne out by the results of several studies, including ERCs recently published 2011/2012 Policies & Benefits Survey covering Northeast Ohio employers.

Recent Deloitte and the International Society of Certified Employee Benefit Specialists (ISCEBS) research1 indicates that 85% of employers expect new health insurance law to raise per-employee benefit costs. Employees are expected to help employers face this challenge by paying more out of their pay checks to their benefits package. In fact, the focus on controlling healthcare costs is evident: 73% of the employers surveyed said that health care reform will push them to reevaluate their benefits packages over the next 12 months in light of health reform changes. Sixty-two per cent of employers have already made cost-sharing a part of their benefits packages.

Two-thirds of the Deloitte employer respondents are making no immediate changes to their benefit programs and adopting a “wait and see” approach for final healthcare reform provisions that may reduce plan design flexibility.

More controversial was the recent McKinsey & Company survey2 of 1,300 employers in early 2011 which found that 30% said they would “definitely or probably” stop offering employer coverage after 2014. Nearly half of the employers said they would consider alternatives to their current plans, including an insurance option that would only offer coverage only to certain employees.

A survey conducted by the Kaiser Commission on Medicaid and the Uninsured and the Urban Institute3 last year showed that in 2010, employees with coverage contributed a greater share of the total premium, a significant change from the steady share they paid on average over the last decade. In 2010, covered employees on average contributed 19% of the total premium for single coverage (up from 17% in 2009) and 30% for family coverage (up from 27% in 2009).

According to ERCs 2011 survey, Northeast Ohio employers report that the average health insurance deductible paid by employees has risen significantly since 2009. As organizations strive to cope with the increase in costs, they are resorting to greater cost-sharing with employees. The survey indicates that employees’ co-pay amounts and contribution to group health insurance premiums also increased in the last two years.

Competing objectives are complicating matters. Deloitte/ISCEBS rates employers top five total reward priorities as:

Cost of healthcare benefits Employees willingness to share more of the benefit Ability of the benefits program to attract, motivate and retain talent Ability to comply with and adjust to PPACA’s mandate Clear alignment of total reward strategy with business strategy and brand

A Professional Answering Service Helps the Healthcare Profession to Enhance Efficiency

A Professional Answering Service Helps the Healthcare Profession to Enhance Efficiency

Patient care is of prime importance for all healthcare professionals and doctors. Their activities focus on providing constant attention to patients’ well being. If the job of attending inbound calls to a medical office or a doctor is assigned to a professional answering service, then doctors can pay more attention to their patients.

Overburdened Staff

A busy medical office receives hundreds of calls every day and every caller looks forward to personalized attention and immediate action. It is not practical to burden the reception staff with answering the diverse and innumerable calls which is a complex job and requires special training.

During the peak hours, holidays, or lunch breaks, answering calls becomes difficult and distractive for the substitute personnel who have to manage multiple tasks, affecting the nature and quality of responses. This can affect the image of the doctor or hospital.

Need for Such Services

The generic telephone answering services had lots of shortcomings. This was primarily due to the complex nature of the healthcare sector that needed professional and knowledgeable call agents. These call agents were required to understand the medical jargon or appreciate the significance of diverse protocols of various hospitals and answer the calls with compassion without breaching patients’ or doctors’ confidentiality.

The healthcare answering service industry has evolved to become an indispensable wing of healthcare sector by matching the above expectation and much more. The leading professional answering service providers have created benchmarks to make these services truly an extension of the front office of hospitals or clinics. They are serving doctors irrespective of their specialties by adapting to their individual requirements.

Professional Call Agents

The medical call agents that are employed by the healthcare answering service are thoroughly trained to understand the functions of medical offices, the medical jargon, medical emergencies, and individual protocols. They are also briefed about the HIPAA guidelines and other regulations. Their knowledge is regularly updated, and the calls are screened and reviewed in order to make any improvements in the quality.

Service with Dependability

These service providers are equipped with power back-ups to ensure round-the-clock seamless service. They use cutting-edge technologies to enhance call quality, for message recording, routing, and follow-up. They also have analysis and reporting tools to update you on how the calls of your office are managed.

These services will ensure that your patients will receive the same compassion and dependable service that your front office staff can provide. This will result in enhanced efficiency and flexibility. The value addition a professional answering service offers in terms of dependability, flexibility, privacy and security is much more than the actual costs.

If you are searching for the right professional answering service for your medical office, look no further. Cullens Communications is the top-notch healthcare answering service that renders real value to your patients and your practice. For more details Click Here

China Healthcare Sector Analysis

China Healthcare Sector Analysis

China’s healthcare industry is entering into a new era with advance development of the infrastructure system. The industry is blessed with several advantages like large population of the country, increasing ageing population, increasing prevalence of lifestyle disease and many more. The government has also boosted the industry growth by blessing the sector with a US$ 120 Billion reform package. Backed by these all factors, healthcare sector in China is expected to outperform all other sectors in the country in terms of growth.

According to our new analytical study on the sector called -China Healthcare Sector Analysis- the China healthcare spending is forecast to grow at CAGR of over 18% during 2010-2012. Currently, the market is characterized by major changes in rural healthcare infrastructure. Anticipating the future growth, many private sector giants are looking to invest in the sector to get a pie of the chunk.

Our report has found that medical device market is expected to grow most in all other segments. The government decision to improve the healthcare infrastructure in rural areas will result in increasing demand of medical devices and equipments. Backed by this increasing demand, the medical device market is expected to grow at a CAGR of around 20% during 2010-2012. In this regard, our report provides rational analysis of various factors which will drive this market segment over the forecast period.

It also provides extensive information on Chinese pharma market with the detailed description of traditional Chinese medicines and western medicine market. It also highlights several emerging market trends like medical tourism market, healthcare IT market, telemedicine, etc. The research study gives detailed statistical and analytical review on demographics, macroeconomic indicators, disease profile, healthcare services market, key drivers and restraints. It contains all the vital information that will help clients to draw up their market strategies and assess opportunity areas in China’s healthcare market.

For FREE SAMPLE of this report visit:

Check DISCOUNTED REPORTS on:

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.