Einstein the Quote Any Man Who Has Essay

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Einstein

The quote any man who has never made a mistake has never tried anything new, Albert Einstein captures the essence of why many services providers including those in the medical profession set for mediocrity over continually pushing themselves for excellence. The many errors in the healthcare services industry can be attributed to outmoded, often very expensive processes that have lost touch with patients' needs (Kumar, Steinebach, 444).

Analysis of the Quote

In a paradoxical sense, the more pressure on the healthcare industry to change in terms of quality of care, with the pressure equally applied across physicians to care providers and healthcare maintenance organizations (HMO) the greater the resistance to change (Kumar, Steinebach, 444). Mediocrity within the healthcare industry is actively protected as a result, making innovation and risk-taking for consumers seen not as a revenue or cost advantage, but a cost drain and risk to profitability (Wright, 205). The mistakes of physicians and doctors are tolerated because the healthcare industry knows that to fix the underlying processes causing the issues, the potential exists of profitability being adversely impacted.

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(Haeusler, 13). Medical practice providers aren't making any mistakes, or very few, because they know if they try something new they could completely disrupt the value chains and business models they have developed over time (Wright, 205). Mediocre performance is easier to manage and predict the costs of relative to pushing the envelope of service over time and risking increased complications to transactions and healthcare reimbursements.

The lack of initiative and tolerance for risk in the healthcare industry is very low as a result. Malpractice insurance, costs of litigation and the high costs of maintaining healthcare insurance on….....

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https://www.aceyourpaper.com/essays/einstein-quote-man-52633
   

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