Swot Analysis Power Point Project Nur 587

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S.W.O.

T Analysis
Eli Medical Center
Nonna Lou Aranas, Nanncie Constantine, Ferdinand A. Romero and Blessy Thomas
 NUR/587
January 23, 2012
Christi Brito, RN, MSN, CCRN
Introduction

(S) Strengths

(W) Weakness

(O) Opportunities

(T) Threats
Organization's Strengths
Charity for low income patients

National recognition in specific


clinical areas

Continuing education for staff

Education & growth of the


community
Organization's Strengths
Better technology

Well trained physicians and other


health workers

Government funded insurance

Equitable health care for all


Organization's Weaknesses

Lack of control in
hospital charges

Lack of adequate
staff to care for
patients
Organization's Weaknesses
Lack of communication between
medical personnel and patient

High nurse patient ratio

Lack of unity between computer


system and paper work
Opportunity:
Six external environmental factors

Technological: Recent developments

Political: Pricing regulations

Competitive: Market trends


Opportunity:
Six external environmental factors

Regulatory: Changes in regulations

Economic: Capital Expenditure

Social: Demographics
Threat:
Six external environmental factors
Technological: Lack of Electronic
documentation &
medication administration technology

Political: Conflicts between management and


staff
Economic: Increased advertising by rival
hospital through media & increase in lawsuits
and malpractice suits.
Threat:
Six external environmental factors

Regulatory: Reimbursement restrictions for


frequent hospital readmissions and hospital
acquired diseases.
Social: Increase in immigrant patient
populations from the Middle East.

Economic: Decrease in funding by public


and private donors due to recession.
Initiatives:
Organization’s strategic five-year plan

To have the Improve


best health quality health
care team care
Resources for the initiatives

To have the best health care team

Provide education and training

Hire the right management and leadership

Equip staff with the tools to their job


Resources for the initiatives

Improve quality health care


Creating a patient survey

Promoting use of bar coding

Initiating an error detection


system
Promoting collaborative patient
registry
Effect of the external environment on
strategic planning

Globalization,
An effective strategic
An organization is a increased consumer
plan is based on a
product of its external expectations,
comprehensive
and internal technological advances
assessment of the
environment. and increased
external environment.
competition
Role of leadership in strategic management

Enhances performances

Allows the organization to do


better

Directing strategies for major


decisions and system focus
Conclusion

Strengths: EMC Weaknesses:


is a Thompson EMC is facing
Threats: Threats
Reuter awardee challenges with Opportunities:
cannot be
in providing high nurse to EMC can
avoided but can
good clinical patient ratio, improve staffing
be minimized
outcomes, poor cost control, through hiring
through a
excellent decline in and retention,
proactive
reimbursement as cost-containment,
rating in patient approach by
a result technology
safety and staying informed
increasing enhancement,
customer with regulatory
number of communication,
satisfaction; changes,
uninsured, lack understanding
cutting-edge reimbursement
of cultural diversity
diagnostic rules, and new
communication, through training
technology, and trends in the
and and education.
well-trained staff. marketplace.
documentation
issues
References
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References
Chapman, S. A., Spetz, J., Seago, J. A., Dower, C., & Herrera, C. (2009). Perspective from California hospital leaders.

Journal of Healthcare Management, 54(5), 321

Clark, C., (2010). Does mandating nurse patient ratios improve care? Retrieved from http://healthleadersmedia.com

Cirillo, A. (2012). Recruiting healthcare workers. Retrieved from http://assistedliving.about.com

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records. Studies In Health Technology And Informatics, 160(Pt 1), 269-273.

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References
Ireland, R. D., & Hitt, M. A. (2005). Achieving and maintaining strategic competitiveness in the 21st century: The role of

strategic leadership. Academy of Management Executive, 19, 4, 63-77, doi: 10.5465/AME.2005.19417908

Kelley, T. F., Brandon, D. H., & Docherty, S. L. (2011). Electronic nursing documentation as a strategy to improve quality of

patient care. Journal Of Nursing Scholarship, 43(2), 154-162. doi:10.1111/j.1547-5069.2011.01397.x

Pocklington, C., & Al-Dhahir, L. (2011). A comparison of methods of producing a discharge summary: handwritten vs.

electronic documentation. British Journal Of Medical Practitioners, 4(3), 41-45.

Rea & Associates, Inc.. (2007). The SWOT analysis. Retrieved from http://www.davidrea.com/SWOT_Analysis_2007.pdf

U.S. Department of Health and Human Services. (2002). Confronting the new health care crisis: Improving health care

quality and lowering costs by fixing our medical liability system. Retrieved from

http://aspe.hhs.gov/daltcp/reports/litrefm.htm
 

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