Litcius/Paper detail

The Energy of Finance in Refining of Medical Surge Capacity

Oleksandr Melnychenko

2021Energies33 citationsDOIOpen Access PDF

Abstract

The availability of resources and their concentration in the place of greatest need, will not allow us to successfully overcome a medical surge without the energy required to activate these resources and activities, and increase their quantities if necessary, that is why the staff and management of healthcare institutions are forced to making ethical crisis decisions about who wins and who loses. This study highlights the versatility of the concept of ‘energy’ by attributing it to money or financial resources, which are highly essential in dealing with surges as the healthcare system adopts the appropriate capacity level. This study considers the means (space, staff, supplies, and specific resources) at the disposal of healthcare institutions for the control of diseases as economic resources to identify ways for enhancing their capacity, especially during periods of medical surges such as that caused by the coronavirus disease (COVID-19). The medical resources are dependent on ‘energy’, albeit not in the strictest sense of the term. The article, thus, points out that while limited resources are the norm in economic theory, a medical surge provides an opportunity to sufficiently extend the resources within the health system capacity through increased funding.

Topics & Concepts

Surge CapacityHealth careBusinessEnergy resourcesNorm (philosophy)Energy (signal processing)SurgeEnvironmental economicsRisk analysis (engineering)Coronavirus disease 2019 (COVID-19)FinanceDiseaseInfectious disease (medical specialty)EconomicsMedicineEngineeringEconomic growthPolitical sciencePathologyLawElectrical engineeringMathematicsStatisticsGlobal Health Care IssuesCOVID-19 impact on air qualityCOVID-19 Pandemic Impacts