Running head : COMPETITION IN VARIOUS AREAS OF HEALTHCARECompetition in the Healthcare Industry : An Economic Oddity[Name][Institution][Professor][Class /Course]AbstractThe wellness care attention in the United States is a major economy thespian that covers as more as 17 of the gross domestic help harvest-festival (GDP . As an economic entity , opposition exists in the various areas of the health care industry . However , these areas do non follow classifiable economic trends . This odd behavior has resulted in the dysfunctional emulation that is responsible for the continuous increase in healthcare be . The areas of competition in question are in the hobby : the physician level , the hospital level , health political platform providers , and pharmaceutical companiesCompetition in the Healthcare Industry : An Economi c OddityThe healthcare 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 point displaying unique trends and market behaviors .
It is a major economy instrumentalist that healthcare be now cover as untold as 17 of the gross domestic product (GDP . The healthcare industry in the United States also behaves quite particularly in comparison to other industries in the way that it does non follow typical economic trends . Typical economic trends usually follow specific market behavio rs such as mixture magnitude costs usually! yield better look products or services , and competition usually brings about dismount costs for efficient services and quality products . However , the contrary is what characterizes the real healthcare environment of America . Healthcare leading , legislators...
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