Translating the realities of healthcare reform and healthcare costs into
competitive hospital practice is the goal of this accessible,
jargon-free guide. Taking its cue from Michael Porter's highly-regarded
business strategies, it offers a sound framework for hospitals looking
to develop efficient, patient-centered service delivery, identifying
keys to clinical, administrative, and marketing success. The book
organizes business and clinical priorities where they intersect so that
physicians throughout healthcare systems can understand their role in
building and sustaining innovation, and leverage their strengths and
system resources toward meeting patient needs. In addition, chapters
review eight core strategic tools, describe possibilities for their
implementation, and provide in-depth findings on Porter's methods as
used in a diverse group of hospitals across Lebanon.
Included in the coverage:
- Porter's strategies in health care: cost leadership versus
differentiation strategy
- Sources of competitive advantage
- How to prepare an organization for innovation
- Strategic framework in a hospital setting
- Application of Porter's strategies in Lebanese hospitals
- Correlation between type of strategy and performance
A well-designed blueprint for enhancing patient satisfaction and system
cost-effectiveness, Strategic Thinking in a Hospital Setting is aimed
at both frontline physicians in practice and those assuming
administrative positions in healthcare facilities and in hospital
settings in particular.