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INTERNAL FACTORSINTERNAL FACTORS
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STRENGTHS (+)IMPORTANCEWEAKNESSES (–)IMPORTANCE
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1Comprehensive healthcare servicesOne of the major strength of my hospital employer is comprehensive coverage such as physican visits,hospitalization and emergency room visit and it is very important in health care because it will consider all level of health care including preventive health. 1Financial challenges due to rising healthcare costs and declining reimbursementsSome of the financial challenges facing health care increasing out patient care, increasing care and increasing insurance reinbursement.
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2State-of-the-art facilities and technologyOur facility is a comprehensive stroke care facility and we are using all the State-of -the -art facilities and technology using for early diagnosis and management of stroke. 2Staffing shortages in certain areasStaffing shortage is one of the major challenge in health care facing majority of hospitals in USA. My hospital also struggling with same issue and they are manging it by hiring contract staffs such as travel employees.
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3Experienced leadership teamWe have all types of leaders including clinical care leaders and the team is well trained to manage all types of critical situations also to support care team during crisis situation and that is a major strength of my hospital. 3Regulatory compliance issuesRegulatory complaince are another issue facing most of the hospitals in usa mainly looking the
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4Skilled and experienced healthcare professionalsHigh skiled labor is essential for the growth of all organization. My organization is really blessed with a great team of experienced and skillful employees. 4Highly competitive market in Southern CaliforniaMy hospital is in North dakota and we don't have much competitors like in California but still health care is always a competitive market.
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5Community involvement and outreachWe are doing a lot of community involvement to promote health care through campaigns to promote blood donation,organ donation etc. 5
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EXTERNAL FACTORSEXTERNAL FACTORS
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OPPORTUNITIES (+)IMPORTANCETHREATS (–)IMPORTANCE
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1Expansion of facilities and services to meet growing demandMy hospital is expanding every year to maximize production abiiities. 1Uncertainty in healthcare policy and regulationHealth care policies and regulation may change according to the uncertinity happening in health care. For example during pandemic time there was lot of changes happend during policies and we have learned
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2Investment in new technology to improve quality of careInformation technology is helpful in boosting productivity. My hospital is using most modern technologies in the diagnosing and treatment of different disease conditions. 2Shifting patient preferences and expectationsSatisfying patient expectation is one of the major factor in success of health care business.
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3Strategic partnerships with other healthcare organizationsMy hospital is doing partnership with other facilities for advancing health care especially in prevention medicine. 3Disruptive new entrants in the healthcare industryEHR data security is one of the disruptive new entrants in health care.
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4Population health management initiativesWe are conducting outreach campaign regarding diet and life style habits to prevent diabetics 4Economic downturns and financial instabilityEconomic down turns and financial instability is one of the major external threat factor facing health care industry. Proper planning and decision making will help to manage finanacial instability.
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5Embracing healthcare innovationIt is very important as it is very easier for patients to access care and improving care coordination. 5
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