Question: How will the four forces that are likely to affect healthcare costs during the next 5 to 10 years make a difference to costs for

How will the four forces that are likely to affect healthcare costs during the next 5 to 10 years make a difference to costs for a 500-bed hospital with a level-1 trauma center?

Four forces are:

Demographic population - Specifically elderly people on the rise

Variations in spending patterns - 80/20 rule (80% of the cost is incurred for 20% of the population)

Quality of life - The challenge of determining the value added versus non-value-added healthcare services

Complexity of the healthcare market - sub markets within markets

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