Business Case Study: Apollo Hospitals

United Therapeutics is a medical company, which is focused on developing products that meet the unmet needs of different patients. Individuals with special or chronic cardiovascular diseases can benefit from the products offered by the company. The organization was founded in 1996 and has its main offices in Silver Springs. Some of the products include Remodulin, Adcirca, and Unituxin among others. Most of the products that are produced by United Therapeutics address severe cardiovascular needs

According to Nicole Fallon of the Business News Daily, a SWOT analysis is an analytical framework that can help any company face its greatest challenges and find its most promising new markets, by identifying the organization’s strengths, weaknesses, opportunities and threats (2017). It allows for an extensive evaluation of the company’s internal and external resources as well as current and future threats that the company may face. This process can be a great asset in determining and exploring new initiatives, as it helps to identify areas of improvement within the organization while helping with the facilitation and implementation of new business policies. This process is crucial in refreshing the strategies and tactics of any

to the Veterans who have served our country. As the organization moves forward they envision

The company can also differentiate itself from its competitors by offering the highest quality of treatment in specific areas by employing the best doctors from specific fields. For example, by recruiting the top brain surgeons in the country, the company can gain esteem in the field and an advantage over the competition. There is success and prestige in the healthcare industry that can be had by being able to provide top level procedurally specific care in high need areas such as cancer treatment, pain management and orthopedic surgery.

The decline in hospital capacity was accompanied by a rise in staffing. Full-time equivalent personnel rose (Malagi & Kamath, 2016). Most of the additional personnel in hospitals are not focused on patient care but management or administration purposes. The American Hospital Association data shows that outpatient department visits have risen per 1,000 persons indicating that capacity for ambulatory services has risen overtime. Emergency departments have reduced with a larger percentage of closures being in rural areas. Compared to hospitals, physicians have continued to increase. Specialists have increased except for radiologists and general surgeons. There is, however, an uneven distribution of physicians between rural and urban areas. There is an estimated shortage of 3,000 physicians in nonmetropolitan areas. In addition to an increase in physicians, there are new forms of acute-care facilities. There are relatively new facilities that have been accredited. Ambulatory surgery centers have, for instance, risen (Best et al.,

The debate continues as to whether or not America is really experiencing a healthcare workforce shortage. This debate continues to rage as commercial areas experience an overflow of healthcare professionals with the option to offer per diem employment to job seekers in these areas. However, rural areas continue to suffer from a lack of professional healthcare workers; specifically, those who specialize in specialist areas. The Alliance for Healthcare Reform (2011) has highlighted the following points as the factors which will be deemed responsible for this shortage:

High quality of service is being provided to patients at low cost. The cost comparisons between Shouldice and other hospitals in Table 1

diverse. Poverty rates will stay one more impact on access of quality care and will rise

To organize and present my strategic plan, I plan on going through the information that has been developed over the course. I will introduce myself, the team members, and review the Grinnell Regional Medical Center mission statement. I will then move into the SWOT analysis and the strategic SMART goal that has been developed. I will review the important stakeholders who were identified. Next, the action plan will be reviewed and describe the business functions that will be impacted during the implementation of the plan. I will give an overview of the evaluation process including the metrics to be utilized, along side of an explanation of the control method that will be utilized to ensure that the plan is successful.

In the United States, the number of physicians, nurse practitioners and physician assistants is not growing as quickly as needed. By 2025, it has been predicted that the United States will face an increase in shortage of 46,100 to 90,400 physicians. The growth of nurse practitioners and physician assistants was projected to diminish the shortage of physicians, which will require patient and health system acceptance and more available jobs in health care services. The critical increase of need for specialists in the recent years caused so much attention, and the demand was said to grow more rapidly than the supply. The shortage of available physicians in the United States has led to the aging and growing patient population, connected by the expansion of healthcare coverage to deprive of timely healthcare services.

Efficient access and use of patient incident record may lead to quick interventions such as patient medication review and formulation of care plans. It could also be useful in making decisions on patient level of observation depending on the patient presentation especially patient with suicidal thought. Furthermore, this could also promote quick admission and discharge of patient, it could also be useful in the review of the method of restrain used during a response. It would also help managers to review the training of staff and prioritise any necessary retraining of staff. This innovation also promote effective and efficient information sharing among professionals, which promote collaborative learning through the information sharing by the MDT, conclusively leading to efficient healthcare outcome for patient.

Demand increased between the great wars for a better public health system. Private hospitals were too expensive for many people with serious ailments. Public hospitals became the best place to receive the best treatment with public hospitals setting up wards for public patients that couldn’t pay and private wards for those patients that could pay. Public hospitals struggled with revenue and many set up contribution schemes in the 1930’s

Apollo hospital is an independent entity which carries out research, research training and educational programme in the quest of quality health care.

The service industry now makes up almost as much as 60-65% of the global economy with India being a major contributor to this industry (KPMG, 2016). India has dignity to know that its country is one of the fastest-growing service sectors in the world. According to KPMG (2016), services remain the key driver of India’s economic growth and continues to grow strong and steady. The services sector contributes more than 50% to India’s GDP and is growing at about 10% per year. IT outsourcing has been a major source of employment for the people living in India. The service sector in India has exceed agriculture with a greater share of GDP and is now considered a service based economy instead of an agriculture economy. In general, the service

According to What is SWOT Anlysis (2011), SWOT analysis is an analysis used to identify the internal factors (strengths and weaknesses) of the company as well as external factors (opportunities and threats) of the company.