HCA 470 Part 1.docx - Part 1 u2013 SWOT Analysis of Mayo...

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Part 1 – SWOT Analysis of Mayo Clinic Strengths 1. Mayo Clinic has a strong global brand around the world. 2. Use of Innovate models for healthcare services 3. Depth in providing specialty expertise 4. Humanitarians Weaknesses 1. There is a lack of synergy value across different business functions 2. Not much differentiating factors in comparison to other healthcare organization 3. Nimble in responding to the various market opportunities Opportunities 1. Improving the overall patient experience at the clinic 2. Enhancing positioning of the brand in the market 3. Building new products and services for better healthcare Threats 1. Aggressive competition in the healthcare sector 2. Decreasing Medicare reimbursement and increased aging population 3. Wellness and health is gradually becoming a commodity Strategic Goal One of the opportunities for Mayo Clinic, is to improve the overall patient experience at the

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