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Entrepreneurship in Healthcare Essay Example

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Entrepreneurship in Healthcare

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Entrepreneurship in Healthcare. And thus if they are entrepreneurs in the health care field they can improve this environment for the better of both the organization and patients. Hence it can be said that entrepreneurship by these physicians is assisting the health care field in a great way. Moreover entrepreneurs take financial and personal risks when it comes to starting a business and hence they would concentrate more on the success of the business. Entrepreneurship has helped the hospitals to improve and increase their profits tremendously. It has created a broad concept through which the whole hospital staff can benefit. An example of a success story of Entrepreneurship is of 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 health care field should be a non profit driven sector and it should not involve entrepreneurship in anyway. They believe that through this entrepreneurship many physicians can wrongly take benefits and make profits which 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 which 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 the entrepreneurial activities. Hence it can be said that entrepreneurial activities. Entrepreneurship in Healthcare.

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