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HCA 421 Course Material HCA 421 Entire Course HCA 421 Week 1 DQ 1 (Basic Strategy) Basic Strategy; Describe the key dimensions of an organizational strategy as well as how they would, or would not, be relevant to the "strategic mindset" or the ability to think "strategically" of an organization's management. Do you think these are learned or innate traits? • HCA 421 Week 1 DQ 1 (Basic Strategy) • HCA 421 Week 1 DQ 2 (Internal Audit of Strategic Assets) • HCA 421 Week 2 Assignment Competition in Healthcare • HCA 421 Week 2 DQ 1 (Strategic External Assessment Industry and Competition) • HCA 421 Week 2 DQ 2 (Market Segments) • HCA 421 Week 3 Assignment The Future Direction of Health Care (Five challenges) • HCA 421 Week 3 DQ 1 (Profits and Revenues)
HCA 421 Course Material HCA 421 Week 1 DQ 2 (Internal Audit of Strategic Assets) HCA 421 Week 2 Assignment Competition in Healthcare Prepare a three- to five-page paper that includes the following: Description of the different forms of competition that take place in health care amongst the various types of health care organizations. Evaluation of the benefits and pitfalls of competition in health care and suggest alternatives if competition were not the prime drivers of operations in the U.S. health care system. • Discussion 2 • Internal Audit of Strategic Assets; Compare and contrast strategic "resources" and "competencies" and identify what role (if any) licensed health care providers in an organization play in the competitive advantage of a health care organization.
HCA 421 Course Material HCA 421 Week 2 DQ 1 (Strategic External Assessment Industry and Competition) HCA 421 Week 2 DQ 2 (Market Segments) Discussion 2 Market Segments; If the movement toward "consumer-driven health care" continues to advance, speculate on how a health care organization may want to improve the way that it assesses and interacts with its market and customers, including providing health services and programs to meet the needs of a diverse • Discussion 1 Strategic External Assessment: Industry and Competition; Describe Michael Porter's Five Forces Model. What does he attempt to explain? How might the forces function and affect industry profits?
HCA 421 Course Material HCA 421 Week 3 Assignment The Future Direction of Health Care (Five challenges) HCA 421 Week 3 DQ 1 (Profits and Revenues) Profits and Revenues; Explain the four fundamental ways in which a business can grow its revenues and profits. Then, describe the five generic types of growth strategy available to individual SBUs. Hypothesize what metrics a program executive might use to monitor these strategies. Must be at least 300 words with two recent scholarly references. • In a three- to five-page paper: • a. Describe a minimum of five challenges from the list below that are defining the future strategic direction of health care. • Proposed health care reform and legislation • Information technology advancements including the electronic medical, or health, record (EMR/EHR)
HCA 421 Course Material HCA 421 Week 3 DQ 2 (Organizational Mission) HCA 421 Week 4 Assignment Communication in the Planning Process Your paper must be three to five double-spaced pages (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. Utilize a minimum of two scholarly and/or peer-reviewed sources that were published within the last five years. One source must be obtained from the Ashford Library. All sources must be documented in APA style, as outlined in the Ashford Writing Center. • Organizational Mission: Explain, in your own words, the terms "mission," "vision," "goals," and "values" statements. What is the practical purpose of a statement of organizational values? Under what circumstances should an organization consider changing these - if at all? How do they play into the strategic direction of an organization?
HCA 421 Course Material HCA 421 Week 4 DQ 1 (Implementing Strategy) HCA 421 Week 5 Assignment (Research Paper) Strategic planning and evaluation of the organization (Mayo Clinic) These include, but are not limited to: a. Internal and external assessments b. Competitive marketing analysis c. Identification of stakeholders d. Overview and assessments of services provided e. Competencies and resource f. Public entities and regulatory requirements • Implementing Strategy • Discuss which is more important - the formulation of a strategy or its implementation - as well as the tribulations associated with your choice. Respond to at least two of your classmates' postings.
HCA 421 Course Material HCA 421 Week 5 DQ 1 HCA 421 Week 5 DQ 2 Five weeks and the information read and discussed. Present to the class a topic that has not been covered in class that you find important to the course material, one that applies to you professionally, or one that is perplexing to you for further exploration. • Describe the four primary purposes of a professional strategic financial management function in an organization. Further elaborate on how reimbursement, supply and demand, contractual adjustments, patient mix, regulatory legislation etc. may influence (or not) these purposes. Respond to at least two of your classmates' postings