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Entrepreneurship in Healthcare: Meet Dr. Williams

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An example of a success story of Entrepreneurship is Dr. Kenneth Williams from Mississippi. Dr. Kenneth invested in a hospital which was previously neglected and with his help, he was able to bring the hospital to exemplary conditions. With his policies of entrepreneurship, he was able to improve the hospital such that it started providing gains to him. Hence it can be said that the concept of entrepreneurship is helping the health care field to improve for a better environment (King 2005).   However, some individuals deny this fact and put forward claims which are against the positive of entrepreneurship.

These individuals argue that the health care field should be a non-profit-driven sector and it should not involve entrepreneurship in any way. They believe that through this entrepreneurship many physicians can wrongly take benefits and make profits that previously could not be generated. These opponents also believe that entrepreneurship would snatch the rights of the community hospitals and would make a way for these entrepreneurs to attract patients to their hospitals to increase their profits. Entrepreneurship in this sector can provide a way for the entrepreneurs to charge for extra procedures that are not even required of the patient.

Thus the healthcare sector can be turned into a sector for profit if entrepreneurs continue to take part in the sector. Entrepreneurial activities can also make way for businessmen to invest in this sector and charge the patients excessively.     All the discussions above clearly show a balanced perspective when it comes to entrepreneurship in the health care sector.   The negatives of entrepreneurship have also been considered in the essay with the positives.

But in my view, the positives of improving the health care sector are dependent on entrepreneurial activities. Hence it can be said that entrepreneurial activities should be encouraged to an extent such that businessmen do not take advantage of the sector to make profits. But in totality, it is entrepreneurship that can help the health care sector to improve in all aspects.

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