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Matrix Strengths CMC

Write a three-page paper analyzing the internal and external environments of Coastal Medical Center. Your analysis should include: Internal—organization culture, financial resources, access to capital markets, human resources, barriers to entry, quality, and value. External—economic factors, regulatory environment, patient demographics, competitor profile. What issues emerged as a result of your analysis? Give specific examples from the case study. Identify what virtuous business concepts apply to the analysis.

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Added on  2022-08-18

Matrix Strengths CMC

Write a three-page paper analyzing the internal and external environments of Coastal Medical Center. Your analysis should include: Internal—organization culture, financial resources, access to capital markets, human resources, barriers to entry, quality, and value. External—economic factors, regulatory environment, patient demographics, competitor profile. What issues emerged as a result of your analysis? Give specific examples from the case study. Identify what virtuous business concepts apply to the analysis.

   Added on 2022-08-18

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Running head: HEALTHCARE STRATEGIC DEVELOPMENT
HEALTHCARE STRATEGIC DEVELOPMENT
Name of the Student
Name of the University
Author notes
Matrix Strengths            CMC_1
1
HEALTHCARE STRATEGIC DEVELOPMENT
SWOT matrix
Strengths
CMC serves a huge number of
population in Sun Belt. The hospital
has the capacity to serve a coastal
city and two county wide areas.
There are 24 subsidiaries
corporations of CMC.
Availability of neo-natal and burn
centres for the patients
The hospital is larger in bed
numbers and functions than its other
two competitors
Weaknesses
Recently the company is facing
financial challenges after 2008.
Increasing expanses in hospital
function every year is a great
concern.
Lack of coordination between the
projects assigned for the hospital.
The organisation do not have strong
leaders and management
professionals
Several new projects for the
hospitals were assigned without
looking for the financial feasibility.
More part time nurses are being
appointed in the hospitals in
comparison to the permanent ones.
Opportunities
The infrastructure of the company
has the capacity to include more
patients in it
The hospital have the capacity to
earn more revenue than its
competitors through effective
Threats
The cost of the hospital is
continuously increasing. But the
revenue of the company is below the
target line.
The competitors of the company is
Matrix Strengths            CMC_2

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