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THE GLOBALIZATION OF HEALTH CARE

            AND ITS

IMPACT ON CONTINUING EDUCATION
CT
FA
WORKFORCE CENTERS OF ATTENTION
                AND
GLOBAL CONSEQUENCE IN THE NEW MILLINEUM


              Education
               Health
             Immigration
             Employment
             Competition
What Is Globalization?


•   Globalization is the rapid flow of
    information, goods, capital and people
    across political and economic boundaries’
    (Daulaire 1999; 22).



•   The speed of information, people, and
    capital mobility has changed, and the global
    participation has expanded.
Advisory

• Retention of our Global market position and
  the stability of our national economy
  requires an effective strategy linking our
  Government, Education, and Business
  Communities.

• We must maintain our competitive edge, and
  eliminate the possibility of our consumers
  seeking foreign lands for an alternative to
  our goods and services.
Fact:
        The United States economy is slipping




               A burgeoning budget deficit

               The devaluing dollar

               Increased Defense Spending

               A decrease in the Quality of Education

               Rising Health care costs
A stable economy requires




Good education   Healthy Citizens   Productive
                                    Workforce
Key Human Capital Systems Supporting Health Care




                  Human Capital comes from two sources:
                    It is either developed or purchased

System of Education                          System of Immigration
                                               Human Resource Mobility
      Human Resource
                                                     • Skilled Labor
      Development
                                                     • Unskilled Labor
       • Skilled Labor
       • Semi-Skilled Labor


Human Capital manifests into two forms: Missionary and Mercenary
Is the U.S. Healthcare System Broken?
•   Health insurance is lacking for                   •    American taxpayers spend $10,000 a year for
    40 Million Uninsured U.S.                              AIDS treatments that cost $3,500 in other
    Citizens                                               countries.
•   Increasing costs of prescription                  •    Lack of availability of caregivers for the
    medication                                             growing senior citizen population May
                                                           reduce life expectancy




Source: Organization for Economic Cooperation and Development (OECD), “How Does the
United States Compare,” in OECD Health Data 2005: Statistics and Indicators for 30
Countries.
Health Care Facts


•   Health Care is the fastest Growing Industry in the
    United States

•   Currently 15.2% of U.S. GDP is health care and U.S.
    Health Care growth is expected to swell to 20% of
    GDP by 2016 Costing 4.1 Trillion dollars per year
Globalization is a new force in the
            Health Care Industry

•   Healthcare consumers want          •   The U.S. Workforce is
    more opportunity to get the            shrinking while Global Health
    healthcare they need at an             Care Competition is increasing
    affordable cost, even if they
    have to travel abroad to get it.   •   Globally, there has been a
                                           significant increase in
•   Foreign Countries are                  competition for the knowledge
    developing economically                worker
    competitive and self-
    sustainable Health Care            •   If we are to compete, the
    systems                                United States’ Labor Force
                                           Skill set must improve
Health Care Spending in U.S. Compared to
OECD countries as a percentage of GDP




    Source: OECD Health Data 2006
Healthcare Quality Ranking Order
       of Select Countries
•   1 France            •   20 Switzerland
•   2 Italy             •   21 Belgium
•   3 San Marino        •   22 Colombia
•   4 Andorra           •   23 Sweden
•   5 Malta             •   24 Cyprus
•   6 Singapore         •   25 Germany
•   7 Spain             •   26 Saudi Arabia
•   8 Oman              •   27 United Arab Emirates
•   9 Austria           •   28 Israel
•   10 Japan            •   29 Morocco
•   11 Norway           •   30 Canada
•   12 Portugal         •   31 Finland
•   13 Monaco           •   32 Australia
•   14 Greece           •   33 Chile
•   15 Iceland          •   34 Denmark
•   16 Luxembourg       •   35 Dominica
•   17 Netherlands      •   36 Costa Rica
•   18 United Kingdom   •   37 United States of America
•   19 Ireland          •   38 Slovenia
Is the United States Education System Broken?


    U.S. national education expense is 7% of GDP
    and half of the national Health Care Expense

    National education expenses have yielded
    marginal improvements in student performance
The U.S. Education Per Capita
             Expense is Greater




Source: OECD Education Data 2005
OEDC Comparison of Money spent on Education
Baby Boomers are having an effect on
       Globalization and HealthCare
•    Globally baby boomers represent individuals born
     between 1946 and 1964 with a population of 423
     million.

•    Seventy-eight million strong in the U.S., and controlling
     80% of the United States assets, Baby Boomers are the
     largest single sustained population growth in the history
     of the United States.
•    This generation has reinterpreted each successive
     stage of American life.
Growing Health Care needs of
           Baby Boomers
• Home Care
• Assisted Living
• Hospice and Palliative
  Care
• Geriatric Ambulatory
  Care
• Cosmetic Surgery
• Orthopedic Surgery
• Rehabilitation Therapy
Alternatives to Traditional Medical
           Care Do Exist

     The Medical Tourism era has arrived

 Medical Tourism has become the
Attractive Option to a Hospital Stay
What is Medical Tourism?
              Medical tourism is big business.


• Medical tourism can be broadly defined as
  provision of cost-effective private medical care in
  collaboration with the tourism industry for patients
  needing surgical and other forms of specialized
  treatment.

• It mixes leisure, fun and relaxation together with
  wellness and healthcare.
Medical Tourism Is Impacting the
                            Global Economy


           While we are talking of a $40 billion
      medical tourism global industry today, it is
     forecasted that medical tourism will grow
               to $188 billion by 2013*




* Medical tourism: A $40-billion global industry By Gil Alfredo B. Severino Sun.Star Pampanga )
Medical Tourism Destinations
Costs of Health Care and Labor are the
Drivers for increased Medical Tourism
SWOT Shows Medical Tourism is no
          Panacea
Can the Future (Immigrant Dependent) U.S. Workforce
       Remain Competitive and Sustainable ?
Immigrant worker demand is here to stay
5% growth in 4 years
Migrant Workers Support Their Families Through Remittance
Between 2005-2050, the United States, Germany, Canada, the United Kingdom, and Australia will be the
destinations of the most total international immigrants . China, Mexico, India, Philippines, Indonesia,
Pakistan, and the Ukraine will be the major exporters of these immigrants.

Source: United Nations. 2005. World population prospects: The 2004 revision:
Competition for workers and rapid Labor
  Mobility Globalizes the Job Market
The United States Competes for Foreign Talent ?




Note: World Bank predicts world Demand for skilled Labor will increase
The Future Global Workforce is Migrant
         Worker Dependent
What is the State of Education in The United States?
U.S.A. Tops OEDC List for
Experience is the important factor for
Teacher Compensation within the G8
Adult Education Levels and Distribution in the U.S.A




                                2004
How does the U.S.A education stack up against the rest of the world ?
How does the U.S. compare in Teen Literacy ?

    U.S. scores have essentially been flat between 2000 and 2003,
    and the United States was outperformed by the majority of
    OECD countries in both years.
• Reading Literacy
  – • American fifteen-year-olds rank fifteenth of twenty-nine
    OECD countries in reading literacy, and with a score of 495,
    came in near the OECD average of 500.
  – • Females outperformed males on the reading literacy test in
    nearly every country, including the United States.


• Mathematics Literacy
  – • American fifteen-year-olds rank twenty-fourth of twenty-nine
    OECD countries in mathematics literacy, and the average score
    of 483 fell well below the OECD average of 500.
International Adult Literacy Survey (IALS, 2002),
How does the U.S. compare in Adult Literacy ?
Recommended Actions for Academic
    and Business attainment in the U.S.
•   Teach cutting edge curricula that     •   Continuously teach the
    promotes Job Readiness for the            acceptance of differences among
    Student Population                        foreign and domestic students
•   Plan for expatriate (outward)
                                          •   Maximize opportunities for
    mobility by American students
                                              collaboration and team work
                                              internationally and domestically
•   Plan for the acclimation of Migrant
    Student populations to U.S.A
                                          •   Strengthen academic and Job
                                              readiness via partnerships with
•   Adapt the best educational
                                              viable employment sectors
    policies and practices of our
    foreign competitors

•   Provide more private education
    funding
Second Advisory
                  Adapt a global Strategy

•   Increase Foreign Language and Literacy Programming
•   Increase ESL Programming

•   Bridge the knowledge gap between Educational Institutions and the
    Business community via Increases in Public and Private Partnerships

•   Prepare Students to study and work abroad

•   Increase Student foreign Exchange to equalize global education

•   Increase Private Investment in Public Education
What are the Future Employment
Prospects for United States Citizens?
What Jobs Can We Expect to be exported?




             These Jobs Are being exported to developing countries
What Occupations are obsolete in Health Care ?


               Food Service                                Medical Transcriptionists
               Worker                                      Health Care Support Workers
               Data Entry Clerk                            Stock Workers
               Ward Clerk                                  Nursing Assistants
               Registration Clerk
               Case Worker
               Pharmacy Aides


   Automation, Robotics, and Bar Coding is reducing the need for many of these
   jobs.
High Demand Health Care Professions
•   Registered Nurse                                                     • Radiologic Technicians /
•   Dietician                                                              Technologist
•   Industrial Hygienist                                                 • Respiratory Technicians
•   Physical and
                                                                         • Speech and Language
    Occupational Therapist
                                                                           Pathologist
•   Pharmacist
                                                                         • Health Educator
•   Home Health Nurse
•   Finance Manager (Billing                                             • Medical Billing Coder
    and Patient Accounts)
                                                                         • Occupational Health and
•   Medical information
                                                                           Safety Specialists
    Technologist
                                                                         • Interpreter
    BLS identifies registered nursing as the second fastest-growing of all
    occupations for job growth through 2012.
The Requisite Skills and Competencies of
         Knowledge Workers
 • Quantitative and Computation /
   Mathematics
 • Computer and Technology
 • Interpersonal and Customer Relations
 • Bilingual / Multi-Lingual
 • Leadership
 • Teamwork
 • Oral and Written Communication
Important Advisory
    We must address Student’s Continuing Education
              and Developmental Needs

•   Increase Family and Adult       •   Establish partnerships
    Literacy Programming                between Educational
                                        Institutions and the Business
                                        Community for effective
•   Advocate for a dramatic
                                        Workforce Planning
    increases in literacy funding

•   Educate the public regarding
                                    •   Devise strategies for earlier
    the projected changes in
                                        institutional intervention with
    Health Care and Education
                                        people who are at Risk
•   Increase Paid Internships and
                                        academically by partnering
    Fellowships to Ensure real
                                        with Elementary and
    Employment Skills
                                        secondary institutions
Thank You
  Any Questions ?

HERMAN@GVIMI.COM

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Globalization Of Health Care Final Star

  • 1. THE GLOBALIZATION OF HEALTH CARE AND ITS IMPACT ON CONTINUING EDUCATION
  • 3. WORKFORCE CENTERS OF ATTENTION AND GLOBAL CONSEQUENCE IN THE NEW MILLINEUM Education Health Immigration Employment Competition
  • 4. What Is Globalization? • Globalization is the rapid flow of information, goods, capital and people across political and economic boundaries’ (Daulaire 1999; 22). • The speed of information, people, and capital mobility has changed, and the global participation has expanded.
  • 5.
  • 6. Advisory • Retention of our Global market position and the stability of our national economy requires an effective strategy linking our Government, Education, and Business Communities. • We must maintain our competitive edge, and eliminate the possibility of our consumers seeking foreign lands for an alternative to our goods and services.
  • 7. Fact: The United States economy is slipping A burgeoning budget deficit The devaluing dollar Increased Defense Spending A decrease in the Quality of Education Rising Health care costs
  • 8. A stable economy requires Good education Healthy Citizens Productive Workforce
  • 9. Key Human Capital Systems Supporting Health Care Human Capital comes from two sources: It is either developed or purchased System of Education System of Immigration Human Resource Mobility Human Resource • Skilled Labor Development • Unskilled Labor • Skilled Labor • Semi-Skilled Labor Human Capital manifests into two forms: Missionary and Mercenary
  • 10. Is the U.S. Healthcare System Broken? • Health insurance is lacking for • American taxpayers spend $10,000 a year for 40 Million Uninsured U.S. AIDS treatments that cost $3,500 in other Citizens countries. • Increasing costs of prescription • Lack of availability of caregivers for the medication growing senior citizen population May reduce life expectancy Source: Organization for Economic Cooperation and Development (OECD), “How Does the United States Compare,” in OECD Health Data 2005: Statistics and Indicators for 30 Countries.
  • 11.
  • 12. Health Care Facts • Health Care is the fastest Growing Industry in the United States • Currently 15.2% of U.S. GDP is health care and U.S. Health Care growth is expected to swell to 20% of GDP by 2016 Costing 4.1 Trillion dollars per year
  • 13. Globalization is a new force in the Health Care Industry • Healthcare consumers want • The U.S. Workforce is more opportunity to get the shrinking while Global Health healthcare they need at an Care Competition is increasing affordable cost, even if they have to travel abroad to get it. • Globally, there has been a significant increase in • Foreign Countries are competition for the knowledge developing economically worker competitive and self- sustainable Health Care • If we are to compete, the systems United States’ Labor Force Skill set must improve
  • 14. Health Care Spending in U.S. Compared to OECD countries as a percentage of GDP Source: OECD Health Data 2006
  • 15. Healthcare Quality Ranking Order of Select Countries • 1 France • 20 Switzerland • 2 Italy • 21 Belgium • 3 San Marino • 22 Colombia • 4 Andorra • 23 Sweden • 5 Malta • 24 Cyprus • 6 Singapore • 25 Germany • 7 Spain • 26 Saudi Arabia • 8 Oman • 27 United Arab Emirates • 9 Austria • 28 Israel • 10 Japan • 29 Morocco • 11 Norway • 30 Canada • 12 Portugal • 31 Finland • 13 Monaco • 32 Australia • 14 Greece • 33 Chile • 15 Iceland • 34 Denmark • 16 Luxembourg • 35 Dominica • 17 Netherlands • 36 Costa Rica • 18 United Kingdom • 37 United States of America • 19 Ireland • 38 Slovenia
  • 16. Is the United States Education System Broken? U.S. national education expense is 7% of GDP and half of the national Health Care Expense National education expenses have yielded marginal improvements in student performance
  • 17. The U.S. Education Per Capita Expense is Greater Source: OECD Education Data 2005
  • 18. OEDC Comparison of Money spent on Education
  • 19. Baby Boomers are having an effect on Globalization and HealthCare • Globally baby boomers represent individuals born between 1946 and 1964 with a population of 423 million. • Seventy-eight million strong in the U.S., and controlling 80% of the United States assets, Baby Boomers are the largest single sustained population growth in the history of the United States. • This generation has reinterpreted each successive stage of American life.
  • 20.
  • 21.
  • 22. Growing Health Care needs of Baby Boomers • Home Care • Assisted Living • Hospice and Palliative Care • Geriatric Ambulatory Care • Cosmetic Surgery • Orthopedic Surgery • Rehabilitation Therapy
  • 23. Alternatives to Traditional Medical Care Do Exist The Medical Tourism era has arrived Medical Tourism has become the Attractive Option to a Hospital Stay
  • 24. What is Medical Tourism? Medical tourism is big business. • Medical tourism can be broadly defined as provision of cost-effective private medical care in collaboration with the tourism industry for patients needing surgical and other forms of specialized treatment. • It mixes leisure, fun and relaxation together with wellness and healthcare.
  • 25. Medical Tourism Is Impacting the Global Economy While we are talking of a $40 billion medical tourism global industry today, it is forecasted that medical tourism will grow to $188 billion by 2013* * Medical tourism: A $40-billion global industry By Gil Alfredo B. Severino Sun.Star Pampanga )
  • 27. Costs of Health Care and Labor are the Drivers for increased Medical Tourism
  • 28. SWOT Shows Medical Tourism is no Panacea
  • 29. Can the Future (Immigrant Dependent) U.S. Workforce Remain Competitive and Sustainable ?
  • 30. Immigrant worker demand is here to stay
  • 31. 5% growth in 4 years
  • 32. Migrant Workers Support Their Families Through Remittance
  • 33. Between 2005-2050, the United States, Germany, Canada, the United Kingdom, and Australia will be the destinations of the most total international immigrants . China, Mexico, India, Philippines, Indonesia, Pakistan, and the Ukraine will be the major exporters of these immigrants. Source: United Nations. 2005. World population prospects: The 2004 revision:
  • 34. Competition for workers and rapid Labor Mobility Globalizes the Job Market
  • 35. The United States Competes for Foreign Talent ? Note: World Bank predicts world Demand for skilled Labor will increase
  • 36. The Future Global Workforce is Migrant Worker Dependent
  • 37. What is the State of Education in The United States?
  • 38. U.S.A. Tops OEDC List for
  • 39. Experience is the important factor for Teacher Compensation within the G8
  • 40.
  • 41. Adult Education Levels and Distribution in the U.S.A 2004
  • 42.
  • 43. How does the U.S.A education stack up against the rest of the world ?
  • 44. How does the U.S. compare in Teen Literacy ? U.S. scores have essentially been flat between 2000 and 2003, and the United States was outperformed by the majority of OECD countries in both years. • Reading Literacy – • American fifteen-year-olds rank fifteenth of twenty-nine OECD countries in reading literacy, and with a score of 495, came in near the OECD average of 500. – • Females outperformed males on the reading literacy test in nearly every country, including the United States. • Mathematics Literacy – • American fifteen-year-olds rank twenty-fourth of twenty-nine OECD countries in mathematics literacy, and the average score of 483 fell well below the OECD average of 500.
  • 45.
  • 46. International Adult Literacy Survey (IALS, 2002),
  • 47.
  • 48. How does the U.S. compare in Adult Literacy ?
  • 49.
  • 50. Recommended Actions for Academic and Business attainment in the U.S. • Teach cutting edge curricula that • Continuously teach the promotes Job Readiness for the acceptance of differences among Student Population foreign and domestic students • Plan for expatriate (outward) • Maximize opportunities for mobility by American students collaboration and team work internationally and domestically • Plan for the acclimation of Migrant Student populations to U.S.A • Strengthen academic and Job readiness via partnerships with • Adapt the best educational viable employment sectors policies and practices of our foreign competitors • Provide more private education funding
  • 51. Second Advisory Adapt a global Strategy • Increase Foreign Language and Literacy Programming • Increase ESL Programming • Bridge the knowledge gap between Educational Institutions and the Business community via Increases in Public and Private Partnerships • Prepare Students to study and work abroad • Increase Student foreign Exchange to equalize global education • Increase Private Investment in Public Education
  • 52. What are the Future Employment Prospects for United States Citizens?
  • 53.
  • 54. What Jobs Can We Expect to be exported? These Jobs Are being exported to developing countries
  • 55. What Occupations are obsolete in Health Care ? Food Service Medical Transcriptionists Worker Health Care Support Workers Data Entry Clerk Stock Workers Ward Clerk Nursing Assistants Registration Clerk Case Worker Pharmacy Aides Automation, Robotics, and Bar Coding is reducing the need for many of these jobs.
  • 56. High Demand Health Care Professions • Registered Nurse • Radiologic Technicians / • Dietician Technologist • Industrial Hygienist • Respiratory Technicians • Physical and • Speech and Language Occupational Therapist Pathologist • Pharmacist • Health Educator • Home Health Nurse • Finance Manager (Billing • Medical Billing Coder and Patient Accounts) • Occupational Health and • Medical information Safety Specialists Technologist • Interpreter BLS identifies registered nursing as the second fastest-growing of all occupations for job growth through 2012.
  • 57. The Requisite Skills and Competencies of Knowledge Workers • Quantitative and Computation / Mathematics • Computer and Technology • Interpersonal and Customer Relations • Bilingual / Multi-Lingual • Leadership • Teamwork • Oral and Written Communication
  • 58. Important Advisory We must address Student’s Continuing Education and Developmental Needs • Increase Family and Adult • Establish partnerships Literacy Programming between Educational Institutions and the Business Community for effective • Advocate for a dramatic Workforce Planning increases in literacy funding • Educate the public regarding • Devise strategies for earlier the projected changes in institutional intervention with Health Care and Education people who are at Risk • Increase Paid Internships and academically by partnering Fellowships to Ensure real with Elementary and Employment Skills secondary institutions
  • 59. Thank You Any Questions ? HERMAN@GVIMI.COM