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Strategic Alternatives In Health Care Organizations: Strategic Analysis

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Strategic Alternatives In Health Care Organizations: Strategic Analysis
Strategic Alternatives in Health Care Organizations- Article Reviews
Tina Sampers
Colorado State University- Global Campus
Strategic Health Care Management
HCM560
Dr. David Milen
December 07, 2014
Strategic Alternatives in Health Care Organizations- Article Reviews
Strategic alternatives in health care evolve as a company determines the need to expand, reduce, or maintain the current scope (Ginter, Duncan, & Swayne, 2013, p. 215). The multitudes of companies within the health care industry share a common desire to be profitable and attain longevity. Implementation of a strategic thinking map or hierarchy of strategic decisions and alternatives assists a company to reach said goal by establishing a way to identify the alternatives …show more content…
Strategic planning includes a group of organizational processes used to locate the desired future of the organization and aid in the development of a map to guide management in a direction to achieve the objectives and goals for the organization (Varkey & Bennet, 2010, p. 46). If performed correctly, the strategic planning process lead by senior management can be a fundamental tool to create a team building atmosphere and develop the desired employee cooperation and enthusiasm for current and future change and action needed during the implementation phase (Varkey & Bennet, 2010, p. 46). The authors describe in detail how organization’s senior executive leads the team through strategic analysis including a competitive market analysis, a SWOT (strength, weakness, opportunities, threats) analysis, as well as a financial accounting and management examination in correlation with current organizational structure and processes in place evaluating where potential changes need to occur (Varkey & Bennet, 2010, p. 46). The authors stress the executives should use the strength of the strategic planning process to clarify the purpose and vision of the organization in a way which inspires employees to work as a team to reach the organizational vision (Varkey & Bennet, 2010, p. …show more content…
When the census of patients exceeds what the company PT and OT staff can handle, there are subcontracted companies used. Angels could benefit from expanding through marketing to partner with local physicians and hospitals to provide home health services to patients post discharge from hospital care. The loose partnership would enable Angels to receive patient referral information prior to discharge and include projected discharge date to enable the care to begin when the patient arrives home. This information would enable continuity of care and correspond with needs of the patient prior and post hospitalization as dictated by the physician. Human resource outsourcing in health care: Strategic, cost, and technical
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