Overview
For this assignment, read “The Struggle of a Safety Net Hospital” case in the course text. Identification of strategic competitive situations is important for a health organization to effectively sustain operations over the long-term. Environmental factors impact the effectiveness and efficiency of any healthcare business. Businesses must continually assess the strategic leverage they have over other area businesses; thus, the identification of environmental factors is essential for the development of a successful strategic plan. This assignment provides an understanding of the varying nature of competition in the healthcare industry.
Instructions
You will write a 5-page paper in current APA format that addresses the case questions presented in the assignment. Your paper must be supplemented with research from your textbook, and at least 5 scholarly, peer reviewed sources published in the last 5 years. You may use other quality sources in addition to support your analysis. Proper grammar and spelling are required.
Note: A minimum of 5 scholarly, peer-reviewed references must be used that support your responses in the paper in addition to the textbook. This is a paper, so your answers must not be numbered; thus, you must use titles and subheadings to guide the reader through the narrative.
As you read the case perceive the difficulties of aligning strategic decisions with the organization’s mission; analyze the potential effects of increasing copays at a public hospital; and, consider other strategic directions (operational improvement) that Wishard might select in the given market. In your paper include answers to the following questions and prompts:
- What was Wishard’s competitive situation? Did Wishard have direct competitors? If so, in what areas did it compete?
- Provide an evaluation of the environmental factors impacting the management of the organization.
- What strategic leverage did Wishard have over the other area hospitals?
- From a societal perspective, what problems occur by having a stand-alone public hospital with a primary mission of serving the indigent population?
- What strategic steps would you recommend for Wishard?
- Recommend at least 3 strategic planning initiatives for the organization that are peer reviewed source supported, that incorporate a financial analysis, human capital management, operational improvement, marketing, and legal/regulatory compliance.
- Include at least 3 environmental factors in the analysis
CASE STUDY LINK
https://read.amazon.com/reader?asin=B07YN3R8DF&ref_=kwl_kr_iv_rec_1&language=en-US
On Page #371
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Textbook Name: Strategic Healthcare Management 2ND 18
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