Fundamentals of the global healthcare system and its reforms during the COVID-19 pandemic

Abstract

The global healthcare system is inherently dynamic, shaped by the critical application of economic models aimed at delivering life-saving care to populations across all socioeconomic strata. However, when unprecedented crises, such as the COVID-19 pandemic (SARS-CoV-2), emerge, the unanticipated demand for healthcare facilities disrupts the socioeconomic stability of the global healthcare system. The surge in healthcare expenditures strains the existing financial structures, challenging their capacity to sustain essential services. Nonetheless, supplementary financial support, through crowdfunding, government funding, and private sector contributions, has assisted in stabilizing healthcare delivery during such a period. These financial shifts have driven the implementation of novel approaches in the global COVID-19 response. This review examines the economic landscape of the global healthcare system and highlights the fundamental managerial protocols during the COVID-19 pandemic.

Keywords

Healthcare management / Healthcare finance / COVID-19 / Public health / COVID-19 management

Funding

None.

Conflict of interest

The authors declare no conflict of interest.

References

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