How does the economy play a role in healthcare? Investment in the healthcare industry is not just beneficial, but also the highest priority for most economies. However, investment plans around health have too often been assessed solely as a cost, not as an investment with a financial boost. Any country's economic performance is inextricably linked to its health performance. Global economic crises put healthcare capacity to provide valuable, affordable healthcare services that satisfy patients' requirements and expectations in jeopardy. The role of recession in healthcare is very fragmented. How has the financial crisis affected the Health sector? · Many hospitals saw a significant sharp rise in bad debts during the economic crisis. This occurred because patients were unable to pay their medical fees, reducing the income of medical centres that focused on non-fatal maladies. · Hospitals were forced to ...
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