The Energy of Finance in Refining of Medical Surge Capacity

Oleksandr Melnychenko

doi:10.3390/en14010210

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.

Highlights

Recent events associated with the coronavirus disease (COVID-19) pandemic, caused by the severe acute respiratory syndrome coronavirus 2 (SARS-COV-2), indicate the failure of modern scientists, experts, and artificial intelligence [1,2] to properly predict the probability of such a medical surge
The purpose of this article is to highlight the versatility of the concept of ‘energy’ by attributing it to money or financial resources, which are absolutely essential in dealing with surges as the healthcare system adopts the appropriate capacity level and to utilise the concept of resource allocation as an economic means of refining the medical surge capacity
In the framework of our study, the components of medical space, staff and supplies will 6.beResults considered as economic resources, which are directly related to against

Summary

Introduction

Recent events associated with the coronavirus disease (COVID-19) pandemic, caused by the severe acute respiratory syndrome coronavirus 2 (SARS-COV-2), indicate the failure of modern scientists, experts, and artificial intelligence [1,2] to properly predict the probability of such a medical surge. No country could predict or was fully prepared for the socio-economic impacts of the outbreak, the economic consequences. No measures were initially taken to prevent its spread. The consequences emanating from such unpreparedness has already tangibly impacted all sectors of the economy in regions that have recorded substantial human morbidity and mortality from the disease. Measures taken by countries to prevent the spread of COVID-19 are unprecedented [3]. Preparedness for medical surges is key as events like war and pandemics cannot be predicted. This study focuses on the mechanisms th can and should be used to enhance preparedness

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Conclusion