SWOT Analysis: Pocahontas Memorial Hospital

703 Words2 Pages

SWOT Analysis
The objective of a SWOT analysis is to help leaders develop an awareness of the factors involved in the decision. It helps leaders to identify both internal and external influences that will affect the sustainability of the satellite clinic. Perhaps most importantly, a SWOT analysis allows leaders to determine if the project’s strengths and opportunities outweigh its inherited weaknesses and threats (Taylor, 2016). Appendix B provides a summary of the SWOT analysis.
Strengths
PMH has an extraordinary amount of local support. For example, community members have assisted with fundraising to make equipment improvements. Additionally, residents donated funds to help build the new PHM hospital that opened in 1995 (Pocahontas Memorial Hospital, n.d.a). Further, in 2014, a resident replaced all hospital beds with state of the art beds (Pocahontas Memorial Hospital, 2014). This local …show more content…

Consequently, leaders have considered closing PMH many times. The most recent closing consideration was during 2010 (Pocahontas Memorial Hospital, 2014). In addition, income from patient services is oftentimes negative (HCA, 2012). However, PMH’s financial positioning should improve since West Virginia recently expanded Medicaid.
Furthermore, the healthcare industry is experiencing staffing shortages. Unfortunately, the shortage of healthcare professionals is more profound in rural areas (National Conference of State Legislators [NCSL], 2016). The ratio per capita between rural and urban providers is 0.42 for physicians, 0.66 for NPs, and 0.91 for registered nurses (National Center for Health Workforce Analysis, 2012). Compounding the problem, the rural population ages 55 to 75 are estimated to grow 30% by 2020 (NCSL, 2016). Staffing shortages will perpetuate access barriers and they will be especially difficult for rural organizations to overcome because of limited

Show More
Related

  • Coastal Medical Center Swot Analysis Paper

    1586 Words  | 4 Pages

    ...and his vision in successfully transforming the medical center to a tertiary care facility. However, in 2008 under Ron Henderson, the medical center expenses began to skyrocket and revenues failed to keep up. Also, a hospital census indicated that, on average, Medicare patients consisted of 58% and Medicaid patients consisted of 18% which caused the medical center to suffer from reductions in reimbursements. Although noted by solid evidence that utilization was experiencing a steep decline, Mr. Henderson added 127 new positions to the medical center. In 2009, Mr. Henderson was fired after the board of trustees realized that this financial bind of an $8.6 million deficit was caused by Mr. Henderson. In order for the new CEO, Richard Reynolds, to succeed at his new job title, he must create a benchmarking process adopting certain goals to remain a worthy competitor.

    Read More

  • Case Study Of Pate Memorial Clinic

    1129 Words  | 3 Pages

    Competitive Situation: PMH is a 600-bed, independent, not-for-profit, general hospital located in the southern periphery of a major western city. PMH is financially stronger than most metropolitan-based hospitals and it debt-free among the city’s six general hospitals.

    Read More

  • strategic plan

    1586 Words  | 4 Pages

    It is obvious that there is a large gap between where Coastal Medical Center is and where they need and want to be. When comparing CMC’s competitors, Johnson Medical Center and Lutheran Medical Center, CMC needs to provide more efficient, high quality care and focus on more profitable priorities instead of funding multiple unsuccessful projects such as the fifty-three unfinished developments.

    Read More

  • Health Disparities of elderly population

    1381 Words  | 3 Pages

    The purpose of this paper is to illuminate and discuss healthcare vulnerabilities of the elderly rural population in Baker County, Florida and describe how the nursing profession can address these problems. Rural health has been a complex and multifaceted challenge for government and healthcare practitioners. The elderly who live alone in the county suffer from low socioeconomic status, low health literacy rates, declining cognitive and physical health and lack of healthcare facilities. The health status of this vulnerable group is impacted by rural culture and social values, healthcare policy and funding affecting rural healthcare facilities, distance and lack of transportation, and health literacy.

    Read More

  • The Benefits of Telehealth in Rural Populations

    2129 Words  | 5 Pages

    For decades, individuals living in rural areas have been considered medically underserved. Access to healthcare is a problem that has been increasing for individuals in rural America due to aging populations, declining economies, rural hospital closures, rising healthcare costs, healthcare provider shortages and difficulties attracting and retaining healthcare personnel and physicians (Bauer, 2002). This population experience more health disparities than t...

    Read More

  • Telemedicine Program

    1594 Words  | 4 Pages

    Utopia University Medical Center (UUMC) is at the center of a thriving network of schools, clinics, and health-related organizations that serves the greater Utopian area. Established over 40 years ago, the mission of UUMC remains, as it has from the beginning, to “advance health and wellness through education, research, and patient care” through the core values of “innovation, collaboration, accountability, respect and excellence” (St Jude Hospital). With well over 375 licensed beds, UUMC had over 18,000 admissions last year and over 60,000 emergency department visits. In addition, affiliated medical clinics in the greater Utopian area had over 370,000 outpatient clinic visits. A broad set of specialty services is provided in these clinics including everything from audiology to wound care.

    Read More

  • Swot Analysis In Healthcare

    704 Words  | 2 Pages

    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.

    Read More

  • Kaiser Permanente: SWOT Analysis Of Kaiser Permanente

    1203 Words  | 3 Pages

    The region’s labor market is already tightening, as a result of which competition for skilled healthcare professionals is increasing. Kaiser Permanente would have to compete with the existing hospitals in recruiting and retaining qualified management and staff personnel responsible for the day-to-day operations of each of its hospitals and physician practices, including nurses and other non-physician healthcare professionals. The scarcity of nurses and other medical support personnel in the region presents a significant operating issue. This shortage may require Kaiser Permanente to enhance wages and benefits to recruit and retain nurses and other medical support personnel, recruit personnel from foreign countries, and hire more expensive temporary personnel. Competition for skilled healthcare professionals may lead to a further increase in Kaiser Permanente’s wage

    Read More

  • Swot Analysis Of Mayo Clinic

    864 Words  | 2 Pages

    In the medical field, innovations, research and technology motivate the business to perform and deliver care in a new standard. Mayo Clinic has a logo of three shields that are interlocked, presenting patient care, research and education. A SWOT analysis is simple exercise that could be implemented on multiple subjects including an individual or a whole corporation. The SWOT analysis is an operational tool for managing change, defining strategic direction and setting realistic goals and objectives according to Simoneaux and Stroud (2011).

    Read More

  • PricewaterhouseCoopers SWOT Analysis

    1046 Words  | 3 Pages

    SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.

    Read More

  • Needs Assessment and SWOT Analysis

    837 Words  | 2 Pages

    ...e, and assists in identifying gaps in services, thereby making it an impetrative part of the planning process. The SWOT analysis assists in the needs assessment process by identifying gaps in services. Thereby allow administrators to fulfill that need though the needs assessment process.

    Read More

  • UPS Case Study

    1776 Words  | 4 Pages

    A SWOT analysis is a measure tool to summarize a company’s internal and external aspects. By measuring the company’s strengths, weaknesses, opportunities and threats and looking for improving solutions by using the strengths and opportunities to improve on the weaknesses and take the necessary actions concerning any threats a company can survive in today’s world market.

    Read More

  • The Military Decision-Making Process (MDMP)

    447 Words  | 1 Pages

    SWOT Analysis is a technique used throughout the business world and not exclusively in project management to examine a project or organization from each of the strengths, weaknesses, opportunities, and threats perspectives. According to the PMBOK this technique is effective because it increases the breadth of identified risks by including internally generated risks and examines the degree to which organizational strengths offset threats, as well as identifying opportunities that may serve to overcome

    Read More

  • The Internal Business Environment

    978 Words  | 2 Pages

    A SWOT analysis is used to analyze a business environment. It is a structured planning method used to evaluate the strengths, weaknesses, opportunities and threats involved in the business. A SWOT analysis can be carried out for a product, place, industry or person. Some of the questions used to evaluate strengths among others are: what advantages does the organization have? What does the organization do better than anyone else? What unique or low cost resources can it draw upon that others can 't?

    Read More

  • Swot Analysis Of Master Paints

    608 Words  | 2 Pages

    The SWOT analysis is an extremely useful tool for understanding and decision making for all sorts of situations in business and organizations.

    Read More

More about SWOT Analysis: Pocahontas Memorial Hospital

Open Document