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Strengths: [*]strategic location
[*]Cost advantage [*]Loyal customers [*]Pricing [*]Reputation management [*]can accomodate up to 200 beds |
Weaknesses: [*]gaps in service areas i.e cardiac Catheteriazation center, CCU, [*]Absence of qualified persons capable of leading quality improvement programs [*]lagging in the latest technology of medical equipment [*]high level of job stress among hospital staff [*]lack of work innovation and creativity work atmosphere [*]inability of some department managers to empower their followers |
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Opportunities: [list]
[*]Acquisitions [*]Financial markets (raise money through debt, etc) [*]Emerging markets and expansion abroad [*]Innovation [*]local and international partnership [*]supported by government [*]changes in population profile or need [*]availability of new technology [*]new market segment that improve profit [*]new vertical,horizontal and nich markets |
Threats: [*]changing insurance plans and /or contracts for major area emplyers
[*]new competitors [*]Economic slowdown [*]Government policies [*]shifts in market demand or referral sources [*]a competitor has an innovative product or service |