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Budgeting Analysis for the Healthcare Industry in America

Abstract

It is an undeniable truth that the condition of the American economy has already recovered from the condition of being in the middle of crisis during the span of 2003 towards 2007 economic downfall that was evident in almost every industry and every country around the globe. Comparing to the performance of the economy then and now, the year 2012 towards the present condition of the American economic situation proves that the nation has already passed the phase of financial downturn. In the field of healthcare development and financing procedures, the government under Obama’s administration has tried its best to define what is needed by the society and specifically respond to such needs through establishing helpful programs that improve healthcare servicing in the country. In the discussion presented herein, one particular act towards improving healthcare service shall be given particular attention to for analysis.