Diversified Healthcare

Diversified Healthcare

Diversified Healthcare includes a wide range of health care options and support sectors. While traditional hospital-centered health care sectors have grown, they have been supplemented by an expanding diversity of options such as outpatient care centers, home and residential health care services and alternative care centers and providers.

Health care is a social infrastructure for the community, which distinguishes it from most industries. As such, the accessibility and quality of healthcare in a region affects the rest of the economy, particularly in attracting and retaining talented employees and retirees. The funding for health care does not follow the same open market principles of other sectors such as Manufacturing. Public and private grant funding, charitable giving, religious institutions, private pay and insurance reimbursement dramatically change the structure, culture and drivers of the industry.