The Coming Evolution Of Executive Health Programs
Many hospitals and medical practices provide executive health programs. Basically, they entail complete physicals with evaluations and recommendations. These programs are geared to busy executives and others such as business owners who are concerned about their health. While they are quite beneficial for patients, executive health programs are a solid source of revenue for medical institutions. The result is a progressively competitive environment for medical institutions providing them.
With advancements in healthcare and increasingly discriminating prospective patients, executive health programs are going to evolve. This evolution is a function of advances in medical technology and care, more demanding patients able to afford the healthcare advances, and the economic needs of the hospitals and medical practices.
The medical institutions, for example, are probably going to build into their executive health programs ongoing evaluation capabilities. This is possible because of new and continuing developments in tele-medicine. According to Daniel Carlin, M.D., founder and CEO of WorldClinic, one of the foremost concierge healthcare firms, "mHealth is a burgeoning field that will enable hospitals to provide continuous care and connection to their executive patients. These technologies will also enable hospital-based physicians to diagnose, treat and coordinate care for patients when they are away from home."
Another example of a likely change in executive health programs will be the medical institutions expanding into delivering comprehensive longevity planning. "Most likely, the majority of patients for executive health programs today will be drawn to comprehensive longevity planning. The cutting edge hospitals will integrate both genomic and biomarker testing with the design of a holistic and enduring preventive healthcare and risk management plan" say Carlin, "At the same time, the patients' wealth managers will be called upon to create the fiscal 'nest egg' to cover the ongoing costs of these programs. This resource is truly critical and should also be put in place for any patient desiring the means to pay for credible cutting edge treatment options not yet covered by conventional health insurance or Medicare."
For some hospitals and medical practices, executive health and wellness programs are important to their financial prosperity, especially looking forward. The opportunities that are available to these healthcare providers from incorporating mHealth evaluations and treatment to comprehensive longevity planning are considerable. With the economics of healthcare many times working against providers, the evolution of executive health programs will prove very beneficial to all involved.