Strategic Management Fundamentals In Health Care
Strategic Management Fundamentals in Health Care – A Strategic Planning Approach
11th Jun 2019 @ 03:10:25 P.M. (London Time)
6 ( or 1650 words Minimum)
You hired as the Director of Operations Director for a real publicly-held hospital chain. You have been asked to evaluate the organization’s strategic planning approach because of changes in recent legislation (Affordable Care Act, Health Information Technology for Economic and Clinical Health (HITECH), Health Insurance Portability and Accountability Act (HIPAA), the Joint Commission, etc.). To gather data for your assignment, identify a publicly-held health care organization of your choice. You may use the Library to search for market information. Prepare a report of 6–7 pages with at least 6 academic or professional references published in the past five years that indicates the following: 1) Identify all of the stakeholders that are involved and impacted by the organization. 2) Differentiate internal from external stakeholders, and evaluate the relationship between the organizational mission and vision for each stakeholder group based on strategic planning components. 3) Evaluate at least 3 business units or stakeholder groups that should be subjected to further evaluation to support the strategic initiatives of the organization, and provide your rationale and justification. 4) Analyze the mission and vision statements of the organization from the perspective of each of the identified stakeholders. 5) Assess the organization’s approach to addressing recent health care legislation, and provide an evaluation of the strategic response that is commonly employed. *** Please make sure that the organization that you select is publicly-held and therefore has information that is readily available to the public.*** Make sure each question is answered in detail and that no part of the question is left unanswered and all references are within the last 5 years.