King Faisal hospital has incorporated social and cultural diversification as can be observed in their strategic plan. One of the key social aspects of therapeutic interventions which the healthcare organization has considered is the factor pertaining to the age groups of patient populations they are likely to cater to. King Faisal hospital has recognised the need to provide old age benefits as well as healthcare services for the growing youth and young adult population in the country. Such considerations are a necessity to every healthcare organization since each social group has diverse health needs. Further, cultural diversification of services were observed in King Faisal Hospital’s recognition of the fact that not only must they ensure accessibility of their healthcare products to the local community but must also expand the same to other parts of the country. To ensure the same, the healthcare organization must keep in mind diverse ethnically needs of local as well as other cultural communities, which will ensure customer satisfaction and long term profits. In terms of interest it has been observed that the rate of interest in Saudi Arabia has been relatively stable, which is a major disadvantage for healthcare organizations like King Faisal Hospital to spend their financial resources and increase healthcare productivity (such as oncological innovations) in terms of its strategic planning. This is because in the absence of low rates of interest, there is increasing inflation, less demand for services, reduced spending by organizations and individuals and hence reduced productivity in future healthcare.
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