Healthcare Organizations: Financial Analysis

222 Words1 Page
bulb-icon

Recommended: Why strategic planning is necessary in health care organization

When a new strategic plan is developing in a healthcare organization and during the process of implementation of the organization after the financial analysis (supported-value adding resources) find out they do not have capital to support the strategy, but the strategy promise to be a successful or mark a benefit in the process of delivery of care of patients, the healthcare organization has the option to search in its external resources. The external resources can be considered as joint ventures. The joint ventures are horizontal and vertical depending on the level of care. Horizontal venture with organizations that belong to the same level of care and are direct competitors such as two laboratory centers with different specialty entering

Show More
Related

  • Alpine Village Clinic Case Study

    1328 Words  | 3 Pages

    Another consideration that the clinic should take into account is the external environment. The seasonal patient volume and the bank agreement may be the main aspects of concentration. Although the relationship between the bank and the clinic is defined in the case, Alpine Clinic should consider alternative solutions or alternative organizations to finance its needs. Also, the clinic should estimate the possible changes in the economic environment in the next years and the impact of them in the serving population of the clinic.

    Read More

  • Coastal Medical Center Swot Analysis Paper

    1586 Words  | 4 Pages

    In implementing a strategic plan for Coastal Medical Center, our consulting team has conducted many analyses and formed numerous strategies in order for Coastal Medical Center to be successful. Such assessments include an internal analysis, external analysis, gap analysis, and SWOT analysis. In conducting these analyses, our consulting team was able to better understand the internal environment, external environment, where the organization currently stands in terms of performance, and the major strengths, weaknesses, opportunities and threats that oppose the Coastal Medical Center. From our inquiry, we will be able to establish a strategic plan that best fits the organization’s needs.

    Read More

  • Healthcare Financial Measures

    944 Words  | 2 Pages

    The purpose of financial measurement in healthcare is to provide the community with the services it needs, at a clinically acceptable level of quality, at a publicly responsive level of amenity, at the least possible cost. This is done by providing healthcare finance managers with accounting and finance information to help accomplish the purpose of the organization (Nowicki, 2015). When making accounting decisions about budgeting and inventory control, an understanding of economics, statistics, and operations research is needed. Major Financial Measures

    Read More

  • Analysis Of Salix Pharmaceuticals

    1336 Words  | 3 Pages

    A successful business relies strongly on strategic planning and development. Businesses strategies define a company’s future through vision and mission statements, marketing, operations, and financial performance. The purpose of this paper is to analyze and evaluate the business strategy of a public traded company, Salix Pharmaceuticals, Inc. Throughout this paper, the writer will provide a company overview, a SWOT analysis, and explore the strategic objectives and contingency plans of Salix Pharmaceuticals, Inc.

    Read More

  • Medical Technology Company Finance Case

    1992 Words  | 4 Pages

    1. What specific items of capital should be included in the SIVMED’s WACC? Should before-tax or after-tax values be included? Should historical or new values be used? Why?

    Read More

  • Hospital Corporation of America

    1494 Words  | 3 Pages

    Hospital Corporation of America (HCA). Staff Analysis Statement of Problem HCA, after following a conservative financial policy since its establishment, has entered the new decade preparing to make some changes in order to realign their financial strategy and capital structure. Since its establishment, HCA has often been used as a measure for the entire proprietary hospital industry. Is it now time for the market to realign their expectations for the industry as a whole? HCA has target goals that need to be met in order to accomplish milestones in the future.

    Read More

  • Strategic Pricing: Key to Successful Healthcare Organizations

    1246 Words  | 3 Pages

    One primary key to a successful health care organization is having a strategy to achieve the mission of the organization. This is particularly true in reference to creating a budget and generating revenue for a profitable bottom line of a hospital. Executives are experiencing a gap that is continuously widening between technology and hospital demands, which is causing additional conversation around pricing. According to Nugent (2004), there are three major themes to consider when it comes to strategic pricing. These themes include pricing at the margin (pricing new business to cover variable costs and margin, if capacity exists), cross-subsidizing (funding one service with profits from another service) and testing what the market will bear

    Read More

  • City Courier Case Study

    816 Words  | 2 Pages

    A strategic analysis provides an examination of both the internal and external factors impacting on the organisation (Papulova & Gazova, 2016). City

    Read More

  • Strategic Plan for Mayo Clinic

    1477 Words  | 3 Pages

    ... that is faced by Mayo Clinic during the current time which is a strategic alternative that should be incorporated into the strategic plan before increasing the global activities abroad.

    Read More

  • Value-Based Models In Healthcare Organizations

    228 Words  | 1 Pages

    Healthcare leaders continue to put infrastructure and governance practices in place to support value-based models even asked provider still have significant fee for services revenue. However, many providers are concerned that they may be reaching a point at which the cost of building and maintaining their value-based organization is not supported by there before service reimbursement model . Health organizations that are migrating to value-based models must contend with realities and limits at their local economis, The strategies of large employers for reducing their healthcare costs, concentration other pair market and physician practice alignment. Gain market share remains a big concern regardless of the pace of the payment model change.

    Read More

  • Delta Airlines Executive Summary

    587 Words  | 2 Pages

    The strategic recommendations provided will improve and enable the business to cope with the competitors, while the implementation of the strategy section will outline the way to go about achieving these alternatives in the business setting. Lastly, we put up a discussion on the evaluation procedures and necessary controls for the business. In the case study, it was discovered that there were sources of opportunities in which the company would invest.

    Read More

  • Organizational Analysis

    3400 Words  | 7 Pages

    An organizational analysis is an important tool to become familiar with how medical businesses and organizations are able to meet standards of care, provide services for the community and provide employment to health care providers. There are many different aspects to evaluate in an organizational analysis. This paper will describe these many aspects and apply the categories to the University Medical Center (UMC) as the organization being analyzed.

    Read More

  • VRIO Model: The Resource-Based View Of Strategic Management

    860 Words  | 2 Pages

    Using the VRIO framework is effective in ensuring that the internal matters of the organisation run parallel with the organization’s available resources to ensure competitiveness. Therefore, application of resource-based strategies in the firm is important and firms should test their performance and give solution using this process.

    Read More

  • Organizational Change Essay

    1343 Words  | 3 Pages

    Organisational change can arise due to a change in strategy and this begins with examining capabilities and the internal environment. This is portrayed in the Strategy diamond. Firstly through arenas the organisation can plan where they will be active in and which part to place most emphasis on for example technologies or value creation strategies. Only after determining this can they implement a positive change, leading to the next element, vehicles to get them where they need to be such as alliances. This can lead to change in management along with strategic partnerships, and the way managers transition to this change will determine if the strategy impacts on the overall organisation in a way that reinforces its purpose and goals. Partnerships indicate how an organisation can strengthen its capabilities by merging with businesses who possess the skills they lack. (Carpenter et al. 2010)

    Read More

  • Strategic Management Reflection Paper

    1135 Words  | 3 Pages

    That reminded me from the case study the director how to plays round of the company to succeed this Colombian Memorial Hospital. External control view of leadership, situations in which external forces where the leader has limited influence determine the organization 's success. Strategy, the ideas, decisions, and actions that enable a firm to succeed. competitive advantage firm 's resources and capabilities that enable it to overcome the competitive forces in its industries. Operational effectiveness, Performing similar activities better than rivals. Intend strategy, strategy in which organizational decisions are determined only by analysis. Realize strategy, strategy in which organizational decisions are determined by both analysis and unforeseen environmental developments, unanticipated resource limitations, and changes from managerial preferences. Strategy analysis studies of firms ' external and internal environments, and there with organizational vision and goals. Strategy formulation, decisions made by firms regarding investments, commitments, and other aspects of operations that create and sustain competitive advantage.

    Read More

More about Healthcare Organizations: Financial Analysis

Open Document