Advancements in healthcare through different industrial revolutions have improved patient care and healthcare efficiency through technologies like computers and digital transformation. This has led to longer life expectancy, with adequate access to healthcare increasing life expectancy at age 65 by 2-2.5 years. However, a longer lifespan contributes to a higher aged population and increased costs from new technologies. High healthcare costs can greatly impact personal finances and living costs. Measuring costs accurately for individual patients over their full cycle of care could help address this issue.

1. IMPACT 01:
ADVANCE HEALTHCARE
Add A Footer 1
9/6/2022
Advance Healthcare means a positive progression in health industries.
With an advent from technologies through Industrial Revolutions brings a
lot of impact to the industry. Right from the 1st Industrial Revolution until
the 4th Industrial Revolution, Healthcare industry had been evolved and
not being left behind.
As Steam Engine, Electrical and Computing had been introduced to the
world, Healthcare Industries now can handle much more complex is sues.
Computer designed for the demands of hospitals and health centers, In
particular, heavy-duty medical carts have allowed for the widespread use of
computers, which has improved healthcare efficiency and patient care.
(Scott-Clark Medical, 2019)
Now, with Intelligence from the Digital
Transformation of the 4th Industrial
Revolution, it will make the healthcare
more collaborative and distributed then
ever. They all agree that the next
breakthroughs in healthcare will be in
highly specialized mechanisms or rare
pathologies with more discrete
repercussions for the general population.
(Dinis Guarda & Rais Hussin, 2019)
However, with much of the
improvements in this industry, we need
to question the innovation that had been
made whether it produces the positive or
the negative impact of one's country or
city in order to further understand the
Demographic Timebomb effect and
causes.
Author Name
3

2. PRO: LONGER LONGETIVITY
Add A Footer 2
9/6/2022
Adequate access to
healthcare is
associated with
lower risks of
mortality at older
ages.
Life expectancy had been an interesting topic in healthcare domain after its
advancement and improved a lot from few centuries back. It’s a positive outcome.
To backed this up, here are some evidence: According to nationwide survey of
27,794 older adults aged 65+ in mainland China from 2002 to 2014, At age 65,
adequate access to healthcare increased life expectancy by approximately 2.0–
2.5 years in men and women and across urban-rural areas compared with those
who reported inadequate access to healthcare. At age 85, the corresponding
increase in life expectancy was 1.0 –1.2 years. (L. Hao, 2020)
Longer longetivity will produces high aged population and will flocked the
industries in a country and leaves small room for a younger age population.
However, there is a positivity in keeping aged workforce in the industry as they
are more experienced than the younger generation. The solution to that is to
engage in volunteering, care, and artistic activities. Employers could also incur
expenses related to restructuring or adapting tasks, while local governments
may need to open community centers to accommodate volunteering and other
activities for the elderly. Nonetheless, the long-run welfare benefits to society
will likely exceed these short-run costs and improve fiscal and macroeconomic
health. (Milena Nikolova, 2016).
This solution will greatly change our work structure that had been established,
making transition for the aged worker from working environment to retirement
without loosing the workforce and the skills they had for the industry.

3. CON:
HIGH COST OF LIVING
Add A Footer 3
9/6/2022
We are on the cusp of a technological revolution in the healthcare sector.
From 3D-printed devices, to virtual reality, biosensors and trackers, and
even artificial intelligence, these technologies promise to completely
transform the sector in the near future. Technological advances had been
serving the healthcare industry very well over the last few decades, but the
cost of some technical advances was now contributing to the overall
increase in costs. (Tariq Siddiqi, 2022)
This situation will impact the living cost of the overall population and not
just the elderly. The impact will greatly shaken the personal or family
financial status thus lead to another problems. Thus, we should cater this
problem from happening.
We should acknowledge a more
fundamental source of escalating costs: the
system by which those costs are measured.
To put it bluntly, there is an almost
complete lack of understanding of how
much it costs to deliver patient care, much
less how those costs compare with the
outcomes achieved. Instead of focusing on
the costs of treating individual patients
with specific medical conditions over their
full cycle of care, providers aggregate and
analyze costs at the specialty or service
department level. (Robert S. Kaplan and
Michael E. Porter, 2011)
“The remedy to the cost crisis does not
require medical science breakthroughs
or new governmental regulation. It
simply requires a new way to
accurately measure costs and compare
them with outcomes.”