Executive Brief: Proposal Of New Economic Opportunity

Executive Brief: Proposal of New Economic Opportunity

Economic initiative is a development directed program that is created with the main objective of developing the target population or the society. Each person involved in the project formulation, also called a beneficiary, must participate in the identification and creation of the assistance that is to be received in the long run. The economic initiative may be designed to fund the actual project or encourage diversification, partnerships, and attraction of increased support to small and medium-sized businesses.

Ideally, healthcare and medical departments of public health centers established for research are the best places to formulate economic initiatives since they directly deal with human life in terms of proper delivery and effectiveness of programs set aside to care for health issues. Therefore, the formulated healthcare economic initiative may be geared toward improving human life or enhancing the overall healthcare system.

My healthcare’s economic initiative is to partner with the national government to provide free cancer screening services to women aged 25 to 50 years old. At the departmental level, the project aims to develop mitigation measures to reduce cases of positive cervical cancer screenings and investigate why women within this age range are most affected by cervical cancer. The project also seeks to raise awareness on cervical cancer among nearby communities and the wider population within the target age group. As it is in collaboration with the local government, the program will be free to the locals.

The screening service will be available at all healthcare organization branches and is expected to be in high demand, as many women suffer from undiagnosed cervical cancer. Early detection through screening is crucial because significant health benefits are achieved when cancer is caught early, reducing mortality rates. The importance of regular screenings for early cancer detection underlines the necessity of this initiative, especially given the rising incidence of cervical cancer among women in the specified age group.

Recent data indicate an increase in cervical cancer diagnoses among women aged 25 to 50, emphasizing the need for preventive measures. Partnering with the government on this initiative will help estimate the number of women at risk and ensure targeted outreach. Public awareness campaigns will be essential in maximizing the program’s reach and efficacy.

Creating economic initiatives that aim to improve citizens' quality of life and reduce healthcare costs is vital for societal development. Such programs can positively influence the healthcare profile, fostering trust within the community and encouraging the utilization of preventive services. Moreover, reducing mortality from preventable conditions like cervical cancer can significantly contribute to overall economic growth by decreasing healthcare-related economic burdens.

References

• Ginsburg, O., Badwe, R., Boyle, P., Derricks, G., Dare, A., Evans, T., & Mohammed, S. I. (2017). Changing global policy to deliver safe, equitable, and affordable care for women’s cancers. The Lancet, 390(10111), 2444-2454.
• Hebert, P. L., Liu, C. F., Wong, E. S., Hernandez, S. E., Batten, A., Lo, S., & Fihn, S. D. (2014). Patient-centered medical home initiative produced modest economic results for Veterans Health Administration, 2010–12. Health Affairs, 33(6), 969-974.
• Wilkinson, T., Sculpher, M. J., Claxton, K., Revill, P., Briggs, A., Cairns, J. A., & Walker, D. G. (2016). The international decision support initiative reference case for economic evaluation: an aid to thought. Value in Health, 19(8), 921-928.
• World Health Organization. (2018). Cervical Cancer. WHO Fact Sheet, 386. Retrieved from https://www.who.int/news-room/fact-sheets/detail/cervical-cancer
• American Cancer Society. (2020). Cervical Cancer Prevention and Early Detection. Cancer Facts & Figures 2020. Retrieved from https://www.cancer.org/cancer/cervical-cancer/prevention-and-early-detection.html
• National Cancer Institute. (2019). Cervical Cancer Screening. Retrieved from https://www.cancer.gov/types/cervical/hp/cervical-screening-pdq
• Brisson, J., & Kim, J. J. (2017). Cost-effectiveness of cervical cancer screening strategies in low- and middle-income countries. Journal of Global Oncology, 3(3), 229-239.
• Arbyn, M., et al. (2019). Efforts to reduce cervical cancer incidence and mortality: a focus on vaccination, screening, and treatment. The Pan African Medical Journal, 34, 148.
• Franco, E. L., & Clifford, G. M. (2016). Prevention strategies for cervical cancer: Vaccination, screening, and management. The New England Journal of Medicine, 375(25), 2424-2434.
• Levin, C., et al. (2021). Economic evaluation of cervical cancer prevention: A systematic review. Vaccine, 39(5), 668-674.