The economic crisis, looming entitlement reforms and potential budget cuts in the usa at the federal and state level are allowing the growth of urgent care clinics, also referred to as immediate care clinics, to substantially increase. This is considered to be a remedy to fill in the growing doctor shortage.
According to industry reports and spending by large healthcare operators, the number of Urgent Care Near Me Open Now is projected to soar within the next decade. It really is estimated that more than 8,000 urgent care clinics have been established – other numbers show 9,000 – and the Urgent Care Association of America reports eight to 10 percent annual growth.
Urgent care facilities are different than traditional hospitals and are rather like the health clinics found in places like Walmart and Walgreen as they are usually open on evenings and weekends and treat common health issues – some immediate care clinics offer additional services like X-rays for broken bones.
Some medical professionals like to think about their urgent care clinics as after-hours doctors’ offices. Most of people who work such a business office do note, however, patients may not be able to see a board-certified doctor or another kind of specialist.
A large percentage of walk-in clinics and urgent care offices are managed and operated by non-profit health systems, which receive donations and contributions in order to fund construction and renovation costs, patient care program support, general operations costs and equipment purchases, based on the Association for Healthcare Philanthropy’s (AHP) annual Report on Giving study.
With so many of those operations establishing in malls, main streets as well as in major metropolitan cities, can the non-profit sector even pay for them? Well, Reuters is reporting that private equity firms happen to be investing money into urgent care clinics in the last couple of years. While there is a huge risk in purchasing these clinics because of the possibility of oversaturation and low insurance reimbursements, these firms work one-on-one with clinics to supply quality and to make profit.
Rand Health found that retailers are entering the healthcare marketplace too. Big box stores, such as Target and Walmart, only had a few of these clinics around 2000, these days there are other than 1,200.
“Retail clinics emphasize convenience, with extended weekend and evening hours, no appointments, and short wait times,” the business states in its report. “A lot more than 44 percent of retail clinic visits occur when physician offices are usually closed. Price transparency and low costs may even be particularly attractive for individuals without being insured.”
This really is surely area of the profit-motive for these corporations.
No matter the concerns one may have within the private sector participating in such an industry, urgent care clinics are portion of the nation’s future healthcare market, especially since President Obama’s Affordable Care Act is bqbxru law of the land and definately will give a burden to the system.
“Many factors could influence the way forward for retail clinics in the U.S. First, the growing body of evidence casting doubt on quality-of-care concerns could lead to greater acceptance and use of retail clinics,” Rand added.
“Full implementation in the Affordable Care Act (ACA) can also lead to continued retail clinic growth. With more people insured and an increased interest in primary care underneath the ACA, use of primary care physicians could decrease. This may lead to increased interest in retail clinics. Similarly, if wait times for physician appointments increase-as has been the case in Massachusetts following its health reform-this might also increase retail clinic demand.”
Despite the concerns that some may have about private investment possibly cutting costs to boost its bottom line, urgent care clinics must offer remedies to health issues otherwise the buyer will go elsewhere to obtain proper medical assistance.