The market share is defined as the number of patients a hospital system serves in the relevant market divided by the total number of patients served in the relevant market.
Micro-hospitals are small-scale inpatient institutions
with eight to fifteen beds and an average floor size of 15,000 to 60,000 square
feet. Micro-hospitals are located in metropolitan areas, 20-25 kilometers from
large-scale hospitals. In comparison to ambulatory care centers and emergency
care centers, they have a larger operational area and scale of operation.
Emergency services, pathology lab services, pharmacy, and imaging services are
all available at a micro-hospital. Some of these facilities also include
primary care, food services, and surgical procedures.
Micro-hospitals
Market is
small in-patient facilities that provide various emergency medical services.
They primarily serve low-acuity patients and offer ambulatory and emergency
treatments. Micro-hospitals have the potential to close the gap in care
delivery and healthcare quality in disadvantaged communities. Micro-hospitals
are appropriate for rural areas due to their low cost and intimate delivery
strategy. The variety of surgeries performed by micro-hospitals differs from
those of standard hospitals. It is also becoming more important to enhance the
healthcare system by lowering costs and increasing patient compliance.
Micro-hospital Market are often made up
of five parts: a) an emergency department, b) imaging and diagnostics, c)
surgery and procedure centers, d) an inpatient nursing unit, and e) a medical
office. Micro-hospitals Market
is
designed to provide the correct care at the right moment, both operationally
and functionally. Micro-hospitals are subject to the same rules and regulations
as large-scale hospitals in the area where they are erected. Telehealth
services are available for the integration of care continuity with
micro-hospitals. Micro-hospital providers are primarily focused on a single
point of access for different levels of treatment and specialty.
Because of the cheaper building costs and higher
reimbursement for services than large hospitals and ambulatory surgery clinics,
the micro-hospital sector is gaining pace globally. Rising health-care demand
is a result of the need for more intense service offerings in the community
that traditional hospitals cannot fulfill.
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