I am writing you this memo to provide you with information that you requested about a possible investment opportunity in the healthcare industry. Specifically in the emergency/outpatient care centers and healthcare providers in the United States and within Europe. The primary purpose is to analyze these healthcare industries, using SWOT: strengths, weaknesses, opportunities and threats. By using this system, we can analyze the present and future state of the industry, and predict its possible growth patterns. This information will assist you in deciding whether to invest in this industry or not. Strength Growth: The healthcare industry is growing at a steady rate. From the year 2009 until the year 2014, IBIS world expected the industry …show more content…
Tight control over costs helped DaVita maintain its profit margin during the recession, despite price pressures from government and commercial players (Phillips). AmSurg Corporation is a hospital operator that owns surgical centers throughout the U.S. (Phillips). This company has been able to deliver strong revenue growth in recent years and in the year 2014; it was expected to generate $1.1 billion in revenue. A market vacated by a competitor, availability of new technology, changed in population profile or need, competitor vulnerabilities, lack of dominant competition, new market segment offering improvement in profits, and new vertical, horizontal, or niche markets are all examples of opportunities in the healthcare industry (Healthcare SWOT). Threat There are many threats that could affect this industry. The main threat to this industry is alternative medicine (Healthcare in the U.S.). Therapy, a condition that has a mental, as opposed toa physical basis, could be another threat to this industry (Healthcare in Europe). “Despite favorable demographics providing health care industry operators with a once-in-a-lifetime tailwind the daunting challenges posed by current funding sources and government regulatory agencies will provide real-world constraints on how health care operators are financed and managed” (Van Horn). The future of healthcare is not immune to challenging business conditions despite the optimism of some people (Van
Background Information 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.
With 17 existing hospitals and ____ physician practices, the Greater New Orleans Region of Louisiana is not a practical choice for Kaiser Permanente expansion. The four parishes: Plaquemines, Jefferson, St. Bernard, and Orleans would not make for a successful business venture. This report examines how the Kaiser Permanente Brand and Strategy Division assessed the region and determined the region could not realize and expand the mission and vision for Kaiser Permanente…..
The strategic plan for 2015 led to a membership growth of 650,000 members. The main internal driver for the astounding growth, being managed care offered at 20% to 25% less than the surrounding competitors (Brooking Institution, 2015). The more membership growth the more profitable Kaiser becomes based managed care system. Kaiser Permanente’s growth can be related to high scores amongst CMS and it’s highly recommended operation structure amongst the healthcare industry. According to the CMS “2016 Star Ratings Fact Sheet,” Kaiser Permanente represents five of 12 medicare health plans (with Parts C and D) that earned 5 stars — and of the 1.6 million beneficiaries enrolled in those 5-star plans nationwide, 81 percent are Kaiser Permanente Medicare members (Kaiser press release). The Kaiser Permanente Medicare plans since 2009 have always been operating at a high performance
In order for a health care organization to maintain optimal function, the promotion of change is continuously necessary. Within the health care delivery system, there are a number of different techniques that nurses can use to determine where changes need to be made. One technique is called a SWOT analysis, which involves an evaluation of an organization’s strengths, weaknesses, opportunities and threats (Harrison, 2010).
The organization that I choose to do my SWOT analysis on is the Children’s Healthcare of Atlanta. This organization is a nonprofit organization based here locally in the Atlanta area. Children’s Healthcare of Atlanta was established in 1998 with the merger of Egleston Children’s Health Care System and the Scottish Rite Medical Center. Out of this merger was born the largest pediatric system within the United States. In 2006 Children’s Healthcare of Atlanta continued to acquire Hughes Spalding Children’s Hospital with expanded the system to a total of three hospitals. To date, according to their website Children’s Health Care of Atlanta has 27 neighborhood locations spread throughout the Atlanta area, and six urgent care facilities that offer primary care, sports medicine, rehabilitation and surgical services.
Traurig, G., (2008/2009). Turmoil in the healthcare industry: what about the patients? The Americas Restructuring and Involvency Guide. Retrieved from http://www. americasrestructuring.com/08_SF/p100-106
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.
Healthcare is one of the most dynamic industries in our great nation. To truly understand just how dynamic the industry is, one needs to understand that healthcare in and of itself is a living, breathing industry that is ever changing and conforming to meet the ideals set forth from a broad group of stakeholders. When one looks at the evolution that healthcare has undergone in the past 165 years, the picture of the true dynamics of this industry is painted. One must take this evolutional history into account when looking at the next ten years in our industry. When looking at these evolutional processes, one can see that the systems have changed as our country and its people have required it to (Williams & Torrens, 2008). When looking at how this industry will change or evolve over the next decade, one can ascertain that it will be by the demands of those involved that change will come.
Formed in 1998, the Managed Care Executive Group (MCEG) is a national organization of U.S. senior health executives who provide an open exchange of shared resources by discussing issues which are currently faced by health care organizations. In the fall of 2011, 61 organizations, which represented 90 responders, ranked the top ten strategic issues for 2012. Although the issues were ranked according to their priority, this report discusses the top three issues which I believe to be the most significant due to the need for competitive and inter-related products, quality care and cost containment.
What is a SWOT analysis? This concept involves assisting businesses to identify their strengths, weaknesses, opportunities and threats. It is often used to analyze an organization and its environment. Businesses find the analysis useful in assisting them to improve their business, establish goals and objectives.
“KP is the largest non-profit health care delivery system in the United States, and operates in 8 states and the District of Columbia. KP is made up of 3 entities: the Kaiser Foundation Health Plan (KFHP), Kaiser Foundation Hospitals (KFH), and the regional Permanente Medical Groups,” (Selevan, Kindermann, Pines, and Fields (2015). Selevan al et (2015) state that the members of Kaiser Permanente can be compared to other insurance companies in regards to age, race, and employment status, although the members are known to have lower income levels. Additionally, they found that Kaiser Permanente’s model of care focuses on improving the health of patients, promoting population
How has the healthcare industry changed (pre-1983 to post 1983)? What are the implications for BD? How has BD managed to build up an 80% market share in this market? Which many competitors bigger than BD have tried to enter without success?
There are new challenges every year in the health care field. Research on the future of the U.S. Healthcare System is of paramount importance to the entire health care industry as well as the citizens of the U.S. To begin with, the research will discuss how challenges for future healthcare services can be enhanced by reducing the costs of medication. By creating a better quality of health care, Information technology advancements, including future funding, lower rising costs, the Medicare and Medicaid programs. The research will also discuss the challenges of market share for different ages of people populating and maintaining a skilled workplace. It will further discuss the tentative solutions to these challenges.
Competitive advantage matters greatly to those responsible for the management of healthcare institutions. Together with rapidly escalating healthcare costs, increasingly complex medical technologies, and growing regulatory and legal pressures, healthcare organizations face a critical need to improve the quality of care at reduced costs (Cu...
Difficulties also arise from balancing demand and supply in the service as the global financial turbulence which had hitherto ensured that resources are constrained even though demand on the healthcare