SWOT Analysis On Northwell Health

Blue Cross and Blue Shield of Illinois (BCBS) is considered the largest and most experienced insurance company in Illinois. BCBS was founded in order to provide healthcare to teachers at a reasonable cost. It services over 7 million people. Its mission is “To promote the health and wellness of members and communities through accessible, cost-effective, quality health care” (Blue Cross Blue Shield, 2012). Blue Cross Blue Shield provides its customers with affordable health care. The parent company is Blue Cross Blue Shield Association its signature tag is “Creating Healthier Communities,” BCBS does not have any investors and the customers are considered the investors of the company and essentially who BCBS answers to. This is an important factor because they do not have to keep investors interest in the forefront of decision making, but rather they have the interest of their client in mind. (Blue Cross Blue Shield, 2012) In 2013 the Chicago based company reported profits of 684.3 million dollars. The company employees over 17,000 people. “Blue Shield of Illinois fell well below the $1 billion mark for the first time since 2009, in part because the insurance giant is setting aside money to offset expected losses from the troubled rollout of Obamacare” (Wang, 2014). Despite this setback it continues to expand over various parts of the United States. BCBS

We have a system that we use to calculate and justify our charges. This includes taking into consideration: a) Lancashire County Council’s set hourly rate that they pay us when allocating service users to our care. This is non-negotiable and does not vary. This has recently been increased for the first time in five years from £11.96 per hour, to £12.17 per hour. b) Referrals given to us by the NHS that are allocated to us at £12.50 per hour. c) Private referrals in which the individual pays for their own package of care are charged to them at £13.86 per hour. When calculating how much it costs to provide our services we take into account overheads as follows:

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.

Walgreens is a company with many strengths. Their first strength is that they have over 250,000 employees. Having so many employees allows the company to provide maximum support to their users. This is also great because having so many people working reduces the unemployment number. The more people working in the United States, the better the economy will be. Their second strength is that Walgreens covers the US, Columbia and Puerto Rico with over 8,300 stores. Having this many stores allows for them to take up a large percentage of the market share. Being this dominant can also reduce the risk of total failure. Meaning, that if one store fails, the rest of the chain can be sufficient coverage for the loss of revenue. Their third strength is that they have a strong and effective distribution network.

Jordyn Sanborn Module 7 Written Assignment May 07, 2017 Purpose of the healthcare professional: Provide patient/client care Advocate for patients Promote health and wellness. Educate patients/clients Quality Improvement Utilize teamwork and collaboration Underlying Core Values and Beliefs:

Displaying the strengths and weaknesses of a business is a strategic tool called the Internal Factor Evaluation (IFE) matrix. The strengths and weaknesses are the key factors (10-12) or as many as possible. Each critical key factor is assigned a weight with ranges of 0.0 (low importance) to 1.0 (high importance). The number shows how important it is if the company wants to succeed in the business. If no weights are assigned, all the factors will be important, which will not be realistic. All the weights must be equal to 1.0. The ratings in the IFE determines how strong or weak each factor is in the business which ranges from 4 to 1. This means that 4 is a major strength, 3 – minor strength, 2-minor weakness, and 1- a major weakness. Ratings

The world today is constantly changing. Certain aspects of the world are beginning to advance and transform more rapidly than others, such as technology. These modern transformations of society are important to take into account when developing a strategic plan for any organization. This is because these advances in society can pose “threats, challenges, or opportunities” to the organization at hand (Bryson 2011, 151). Furthermore, according to Bryson assessing the strengths and weakness of an organization in relation to these different features that were just mentioned is an important step in the strategic planning process (Bryson 2011, 151-152). Assessing these strengths and weakness involves members or an organization to identify and analyze different external and internal trends and then develop a SWOC/T analysis of how these external and internal trends can come together to affect the impending organization.

Strengths - Sparrow hospital system is the largest health system in the mid-Michigan area. Currently, it is the only hospital in Michigan to be a part of prestigious Mayo Care Network. It provides a range of care from staying fit, level I trauma center, major surgeries to long-term care. Also. it has a coordinated and collaborative network of providers, physicians and facilities which help in providing the continuum of care to the people of the community. Thus, it has received multiple awards and accreditation including The Joint Commission Accreditation (which is the highest national accreditation for safety and quality of care) and Magnet status (which is considered the “gold standard” for nursing care) (“Sparrow’s Accreditations…”, n.d.).

UNBSJ provides some opportunities for students to study abroad. It will help students to experience

Once function of the SWOT analysis is to identify threats from competitors which can be very useful for a health care organization. Having the ability to limit any potential threats put them at an advantage to eliminate products that may be diminishing on the market and generate a more beneficial product. Organizations are in the market to surpass its competition, which is an enormous task and learning what may cause one’s product to be threatened or weaken will allow them to have an edge on competitors. Threats are inevitable, therefore it’s essential that they can be recognized in order to be reduced or more importantly eliminated. Any threats from the competition can have an adverse reaction to an organization bottom line and may affect

Strategic planning is a thorough analysis of a library. The most common type of strategic planning libraries use, is the SWOT analysis. SWOT stands for strength, weakness, opportunities, and threats. Evans, and Alire (2013) states, “This analysis can facilitate thinking through the implications of environmental data and the capabilities of your organization… in addition, it will help you identify what went right, went wrong, or changed, since the last major planning effort” ( Evans, Alire, p. 94). Strategic plans usually also include a mission, vision, values, and goals statement.

The SWOT analysis aims to provide a short overview of a business’s current strategic situation by analyzing its internal factors, being strengths and weaknesses, alongside its external factors that might have an impact on the businesses strategic choices, being the entity’s opportunities and threats (Anja Böhm, 2009: 1). The SWOT analysis is ultimately a tool which is used to analyze a business’s current situation in the market place and aims to identify a strategy for successful development using the overlap between the internal and external factors. The acronym ‘SWOT’ simply stands for ‘strengths, weaknesses, opportunities and threats’ (Nadine Pahl & Anne Richter, 2009: 27).

Strategic planning is a process used by various organizations in defining their strategy and direction. It is also used for decision making purposes affecting the strategy to be used for allocating resources. In order to accurately determine the direction of a given organization, it is critical to understand the organization's current position as well as the possible avenues via which it can effectively pursue a particular objective (Mckeown,2012). Mckeown further noted that strategic planning deals with three main questions;

There is an old saying that states, “in order to know where you are going, you have to know where you are coming from”. In essence that is what the strategic plan is there to assist you do. To have a strong, realistic, and achievable strategic plan, you must know almost all information pertaining to your organization in regards to all others that would pose as competition, know current developments and try to see where things will be in the future. Strategic planning is a systematic examination of an organization’s internal and external operating environments, with development of a plan for future success. The strategic planning process basically helps the agency to plan for the future by answering three important questions: Where are we now? Where do we want to be? How do we get there? There are many different steps that usually take place before a final document is obtained. One of such steps is the use of a SWOT (strengths, weakness, opportunities, threats) analysis. Strengths and weaknesses are inward to the organization. You can transform them over the long haul yet not without some work. Opportunities and threats are outside the organization; they are out there in other institutions, happening regardless. You can 't transform them. The reason for the SWOT analysis is to gauge whether an institution is equipped to perform effectively in a testing and competitive environment (Shi and Johnson, 2014).

UMUC is the community-based hospital that offers services to the nearby members of the community with a goal of improving their life’s. Besides the clinic providing such services, it has serious challenges which want to be solved in a process of ensuring that the service it delivers is well scheduled. The critical problem has been a challenge of the clinic failure to handle their clients because of the use of an old and also outdated means in its service provision and again a fact that it has few professionals. Hence, there is instant demand to develop the system which should be brought in the UMUC clinic to solve the existing situation that looks to be initiating huge difficulties in the delivery