(Answered): G H 1-03 Review the SWOT analysis developed for Bradley Park Hospital on page 43 of the textbook. B ...

G H 1-03 Review the SWOT analysis developed for Bradley Park Hospital on page 43 of the textbook. Based on this SWOT analysis, is BPH's decision to position itself as a low-cost defender the right one? What other information would be required to make that decision? Would your analysis change if Madison Hospital was not in the area? CHAPTER 2. STRATEGY 43 ervices bordination of BRADLEY PARK HOSPITAL 2.2 new medias opportunity is also the Vastag, 2012), ed (Villamar wally ince of investing logy and the . There is to on healthcare jblic stromy Thaine, Mile," said Francine Sutton, chief nurse of Bradley and challenges we are facing, both internally and externally, we can make Bradley Park a truly For at und the common goal, BPW SWOT Analysis INTERNAL Weaknesses Strengths en creates the TV or on the cing the de n the cutting -e by placing • Strong primary care network coordinated with clinicians in 20 specialties Close proximity of clinics and hospital • Lab and advanced imaging ansite • Talented administrative leaders • New CEO with fresh ideas . Comprehensive IT infrastructure • Long wait times in the emergency department • Scheduling access problems • Inadequate parking when clinic busy • Outdated facilities . Low staff morale . Poor funding for personnel • Poor statewide reputation for quality care • Cost overruns m<--omz Threats rces se Opportunities • Partnerships with outside physicians . Governmental pressures for new care models requiring multispecialty clinicians • Cutbacks at smaller hospitals and physician groups • Weak economy • New government regulations, including penalties for poor quality • Large Medicare patient population . Weak labor supply • New payment models • Difficulty recruiting physicians • Innovative competitor ent EXTERNAL Generic Business Strategies gies After conducting a more focused look at the competition, exploit its own strengths, a SWOT analysis, the organization must take determine which weaknesses can be overcome, formulate its vision, and maneuver for a competitive position. This exercise leads to the of gaining and/or sustaining market dominance and assuring formulation of feasible business strategies that improve the chances financial success. 3. Review the SWOT analysis developed for Bradley Park Hospital on page 43 of the textbook. Based on this SWOT analysis, is BPH's decision to position itself as a low-cost defender the right one? What other information would be required to make that decision? Would your analysis change if Madison Hospital was not in the area?