100%(3)3 out of 3 people found this document helpful
This preview shows page 1 - 3 out of 5 pages.
Running Head: HUNTINGTON HOSPITAL: ALTERNATIVE STRATEGIC PLAN Huntington Hospital: Alternative Strategic Plan Christine VazSouthern New Hampshire University
HUNTINGTON HOSPITAL: ALTERNATIVE STRATEGIC PLAN 2Strategic AlternativesThe healthcare industry is in a constant state of flux. Between the political agendas in Washington to insurance companies creating more value based models of reimbursement there has never been a greater need for flexibility from healthcare organizations. Organizations must carefully evaluate alternatives to the strategic plan and their implications. This will thwart any tunnel vision and provide new insights (Ginter, Duncan, & Swayne, 2018). With this additional information gain from looking at alternatives the hospital can become nimble as the consumers demands for care change. By this time we have all experienced or seen reports of healthcare consolidation and hospital closures within our surrounding areas. There are many reasons for these hospital closures but ultimately it leads back most times to some financial shortcomings and loss of profit(Balasubramanian & Jones, 2019). There were 83 rural hospitals that either closed or stopped providing impatient care across the United States from January 2010 to January 2018, with predictions of more to come (Ellison, 2018).