MBA622 Comprehensive Health Strategies Student Name:Student ID: Executive Summary In the aged care, there are industrial analysis for the detailing of the reports for the aged care sectors. This is for strategizing on the competitive and the effective planning, that can lead to the established services with the existing competition. Not only this, the assistance is for the activities for the daily standards where one lives on the independent life. The primary factor of the activities is for the services that associates to provide care or the assistance for the patients who are old and the cared facilities with activities to handle the daily life or movement. Table of Contents Executive Summary 2 Introduction 4 Aged Care Industry and its main activities 4 Competitors of the Aged Care Industry 5 Business Model Trends of Aged Care Industry 7 Ethical Issues 7 Conclusion 8 References 9 Introduction The discussion is about the process for the industrial analysis work which is one of the tools for handling the organizations and companies. It tends to provide with the similar services or the products in the market to understand about the competition. This is for strategizing on the competitive and the effective planning, that can lead to the established services with the existing competition. The aged care services in Australia tends to provide with the focus on the aged care services with the unique needs for the health and growth. There are higher points where there are 20 billion industries in Australia where 224000 people have been employed for approximately more than 1800 of organizations. There are number of the baby boomers where the generation has been increasing and there is a scope for the residential aged care homes for handling the covering of interior or the exterior regions for the territory of Australia (Khadka et al., 2019). In the aged care, there are industrial analysis for the detailing of the reports for the aged care sectors. Hence, the primary standards and activities are for the healthcare sector of Australia. The overview is about the competitive landscape with identifying and describing about the segment of organization. It is discussed as per the model of business and then there are industrial trends for operating conditions. The factors include that there are different ethical concerns which have been faced at the time of conducting services which are in the industry (Harris et al., 2018). Aged Care Industry and its main activities According to the Health and the Standard regulations of Australian system of healthcare, there are factors related to the services and the special purpose where there are elderly population that needs the healthcare with the accommodation as well. Not only this, the assistance is for the activities for the daily standards where one lives on the independent life (Hugo et al., 2018). The healthcare needs need to focus on the intensive care requirements with the aged care for the important healthcare needs. There are old people of Australia working on the important services with the sectors that are for the investors to properly handle and then generate the maximum revenues. The sections are for the aged care with the facility in Australia. HACC is for the Home and Community care, where the residential care and home care is also there. The primary factor of the activities is for the services that associates to provide care or the assistance for the patients who are old and the cared facilities with activities to handle the daily life or movement. The mental care is about providing the different counselling factors or the therapy of communication which are physical and mental. The living of the life without the concern is also considered to be the major factor (Henderson et al., 2020). Competitors of the Aged Care Industry The approach is about the human services where the aged care sectors are about how the economists are involved with not only supporting the facts but also the sector with facing competition like the other services. It is about the computing in the closed market and then there are different services to handle the competition which does not exists as there are users for the use of the services along with providing the feedback (Bolsewicz et al., 2021). The specific organization and competition are based on the points here the consumers or the service providers are mainly the market part closely. The use of the services is for the patient with the services which are helpful or not. Hence, the majority is for the aged care services which are then equipped for the patients with the equal care facilities. The section for the aged care relates to the HACC with the home care or the residential care, with the share of the non-profit systems and private standards. The government tends to work on the facilities as well (Waling et al., 2020). The latest report for the market of 2017 is about the majority related to the aged care with providers involved with the non-profitable organizations. It is about providing different services for the geographical boundaries. The Australian population indicates about the increased aged population with the 5.7 million by 2031. There are authority standards which has forecasted on the increased landscape for the competitive forms for the aged care. The strengths are for primary acquisition which is about merging on the healthcare facilities. The patients tend to need and work on the aged care facilities that needs to be provided with the proper and immediate care. This is for the required care or the intervention of the facilities. The specific approaches are for the geographical boundaries where there is consensus of the Australian population which is about the increase for the aged population (Hamilton et al., 2021). The authority is then forecasted with the increased landscape with competitive forms for the aged care services. This leads to the increased strength or the acquisition with merging of the facilities. It requires to focus on the aged care facilities with the care and then help to provide the care or interventions with the facilities as well. There have been organizations who are working on handling the changed competition of market where the landscape is about the aged care. Not only this, there are presence of the non-profit organizations where the private organizations are mainly facing the major loss for the patients. The inability to generate the revenue with the continued serving is through the services of quality care. The aged care facilities are for the diversified facilities in the aged care facilities or culturally competitive standards. It is about the mobility that aids and then there are patients who are involved with the services or the care facilities where there is expansion of the care facilities as per the need as well (Charlesworth et al., 2018). Business Model Trends of Aged Care Industry There has been rise of population where Australia has been involved with the different services. It is about the important approach to highlight on the different demographic aspects. The trend is about the elderly population where the aspects are longevity of Australia. With Australia population, there are generations for the baby boomer with the significant positions for the elderly population. There are users for paying in aged care for the upcoming trends in the industry that allows the elderly for the acquiring of care that is possible to afford. There are 10 years of the population that is for 65 years with 3%. The aged population is not about getting older but also working on how Australians are aged for 60 to 70 with the expectations for the lying for four to 5 years. The combined approaches are on the demographic trends where the expectancy of life is mainly in between the men and women (Cheng et al., 2019). The increased demand is about the life of the aged care services as well. Ethical Issues The challenges are related to the older population with 81% of them. The Australian standards are about handling the 5.4 million people with the number of the old patients. The ethical dilemma is about the increased old adult patients where there are conflicts in nature. It is important to focus on situations with the statistical and ethical difficult situations. The professionals are generally threatened for the self-image that leads to the mental distress. The perspectives are about the action ethics which is on questioning about the concerns which relates to the situations. The perspectives are about the perceived ethics which is related to the challenges and the reflection (Henderson et al., 2017). The relational ethics is about how the person can work and fulfill the social roles for obligations. The advocacy is important part for the ethics in the industry for the aged care. It is about the needs of autonomy with the recognition to realize on the capacity for the old people and the decisions that are for enhancing towards the family circumstances. The audience of the advocacy are disparate for the responsibility to make different expressions of the advocacy. The ethical issues are about the experiences with the aged care industry that tends to present about cultural barriers. It is about the education and the end-of-life standards or the wishes for old patients. The life cycle choices and responsibilities are for the nurses to be able to completely show on the individuals with the valuing of the wishes who are difficult for the old concerns (Sivertsen et al., 2020). Not only this, there are formal education or the demonstration for the competence which is inculcating the growth of personal standards. Conclusion There are conclusions about how Australia has been involved with doubling population and the need of care. The government is to encourage the support and the old people for the better population. There are abilities to work on living situations with independent steps (Liu et al., 2021). The aged care accommodations are related to the case where the situations arise. The number of the old patients are more with the difficulty for professionals to work on the suitable and proper care quality of people. References Bolsewicz, K.T., Steffens, M.S., Bullivant, B., King, C. and Beard, F., 2021. “To protect myself, my friends, family, workmates and patients… and to play my part”: COVID-19 Vaccination perceptions among health and aged care workers in New South Wales, Australia. International journal of environmental research and public health, 18(17), p.8954. Charlesworth, S. and Howe, J., 2018. The enforcement of employment standards in Australia: Successes and challenges in aged care. International Journal of Comparative Labour Law and Industrial Relations, 34(2). Cheng, Z., Nielsen, I. and Cutler, H., 2019. Perceived job quality, work-life interference and intention to stay: Evidence from the aged care workforce in Australia. International Journal of Manpower. Hamilton, M., Hill, E. and Adamson, E., 2021. A ‘career shift’? Bounded agency in migrant employment pathways in the aged care and early childhood education and care sectors in Australia. Journal of Ethnic and Migration Studies, 47(13), pp.3059-3079. Harris, A. and Sharma, A., 2018. Estimating the future health and aged care expenditure in Australia with changes in morbidity. PloS one, 13(8), p.e0201697. Henderson, J. and Willis, E., 2020. Chapter Twelve: The Marketisation of Aged Care: The Impact of Aged Care Reform in Australia. In Navigating private and public healthcare (pp. 249-267). Palgrave Macmillan, Singapore. Henderson, J., Willis, E., Xiao, L. and Blackman, I., 2017. Missed care in residential aged care in Australia: an exploratory study. Collegian, 24(5), pp.411-416. Hugo, C., Isenring, E., Sinclair, D. and Agarwal, E., 2018. What does it cost to feed aged care residents in Australia?. Nutrition & Dietetics, 75(1), pp.6-10. Khadka, J., Lang, C., Ratcliffe, J., Corlis, M., Wesselingh, S., Whitehead, C. and Inacio, M., 2019. Trends in the utilisation of aged care services in Australia, 2008–2016. BMC geriatrics, 19(1), pp.1-9. Liu, A., Miller, W., Chiou, J., Zedan, S., Yigitcanlar, T. and Ding, Y., 2021. Aged Care Energy Use and Peak Demand Change in the COVID-19 Year: Empirical Evidence from Australia. Buildings, 11(12), p.570. Sivertsen, N., Harrington, A. and Hamiduzzaman, M., 2020. ‘Two-eyed seeing’: the integration of spiritual care in Aboriginal residential aged care in South Australia. Journal of Religion, Spirituality & Aging, 32(2), pp.149-171. Waling, A., Lyons, A., Alba, B., Minichiello, V., Barrett, C., Hughes, M., Fredriksen-Goldsen, K. and Edmonds, S., 2020. Trans Women’s Perceptions of Residential Aged Care in Australia. The British Journal of Social Work, 50(5), pp.1304-1323.
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