Running head : COMPETITION IN VARIOUS AREAS OF HEALTHCARECompetition in the Healthcare Industry : An Economic Oddity[Name][Institution][Professor][Class /Course]AbstractThe wellness care fabrication in the United States is a major economy actor that covers as more as 17 of the gross internal harvest-festival (GDP . As an economic entity , opposition exists in the various areas of the health care industry . However , these areas do non follow identifiable economic trends . This odd behavior has resulted in the dysfunctional competitor that is responsible for the continuous increase in health care be . The areas of competition in question are in the pastime : the physician level , the hospital level , health political program providers , and pharmaceutical companiesCompetition in the Healthcare Industry : An Economic Od dityThe health care industry in the United States is one of its more daedal industries . It is continuously evolving and during the past three decades has undergone numerous transformations - with each layer displaying unique trends and market behaviors .
It is a major economy player that healthcare be now cover as a good deal as 17 of the gross domestic product (GDP . The healthcare industry in the United States also behaves quite peculiarly in comparison to other industries in the way that it does not follow typical economic trends . Typical economic trends commonly follow specific market behaviors such as turn magnitude costs usually yield better prize products or serv! ices , and competition usually brings about trim down costs for efficient services and quality products . However , the glacial is what characterizes the real healthcare environment of America . Healthcare leaders , legislators...
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