The Risks and Rewards of Joining the Healthcare Industry

Posted on May 10 2017 - 6:25am by Admin

Team of Medical ProfessionalsThere’s one thing shared by most, if not all, health care practitioners: commitment to save lives. These individuals work irregular hours and risk exposure to various occupational hazards all for the sake of providing service that could mean either life or death. Such is the power bestowed upon healthcare professionals.

Now if you’ve seen Spiderman at least once, you’re probably familiar with this bit of wisdom from Grandpa Ben: ‘With great power comes great responsibility’. Perhaps this is one reason why many are scared of taking on the challenge.

The World Health Organization (WHO) predicts a shortage of 12.9 million healthcare providers by 2035.

Risks

If you work in the healthcare industry, there’s one phrase you probably dread: medical malpractice.

According to a recent report from Medscape, 59% of healthcare organisations faced a malpractice suit in 2015. This should be enough to make a premed student think twice.

Medical malpractice is the result of various factors. Negligence is to blame. Substandard devices are another probable cause. If you recommend the use of a Heart Ventricular Assist Device (HVAD) that does not function properly, or, if you use non-stick bipolar forceps that get stuck, you are held responsible for all unfavourable outcomes.

Rewards

The healthcare industry is poised to get bigger. When it comes to professional stability, there’s not much you have to worry about if you plan to partake in this promising industry. New technologies such as point-of-care-test (POCT) via video conferencing and TeleHealth can even revolutionise the service process, allowing practitioners more flexibility.

At the end of the day, working in the healthcare industry is rewarding. More than value-based remuneration, you will always feel like you’re doing something noble. Now that is priceless.

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