Strategic assessment of HCA

Abstract

Healthcare Corporation of America is one of the best healthcare service provider and a market leader in US Hospital industry. HCA, has been established in 1968, comprises on 163 hospitals and it has 110 independent surgery centers in different states of America and also in England. Approximately 199,000 people are working with HCA. The US hospital industry is very competitive and right now enjoying a growth stage of life cycle. The research paper aims to analyze the business environment, human resources, political process and SWOT of HCA. Based on the analysis, some relevant strategies and have been discussed, evaluated and implemented.



Abstract2

Introduction3

Overview of Health Corporation of America3

Mission of HCA3

Environmental Assessment of HCA4

Organizational Assessment5

Human Resources Assessment6

Political Process Assessment6

SWOT Analysis of HCA7

Strengths7

Weaknesses7

Opportunities7

Threats7

Analysis8

Issues and Implementation of strategies8

Conclusion10

References11

Strategic Assessment of HCA

Introduction

Overview of Health Corporation of America

HCA was the one of the first hospital companies of America, established in the year of 1968. Nowadays, HCA is the market leader in providing health care services. HCA comprises on 163 hospitals and it has 110 independent surgery centers in different states of America and also in England. Approximately 199,000 people are working with HCA. Mr. Richard serves as CEO and Chairman of HCA, and Mr. Milton Johnson are the president and CFO of HCA.

Company is committing to provide best or quality health care services to improve the human life. HCA is serving valuable quality services in the community on a low cost. Company is typically investing at least $1.5 billion yearly to keep updating the hospitals with the new technologies to provide the best quality services to patients; company is mainly focusing on the community to provide the best health care services to them (http://hcahealthcare.com).

Mission of HCA

HCA's mission is to provide care and to improve human life, to fulfill this commitment, they are providing cost-effective and excellence of healthcare service to the community. HCA serves the people with more softness, heartedness and kindness. HCA gives priority to the values of honesty, integrity and veracity to conduct its business. HCA treats its employees as most valuable assets of its organization and want them to ensure or promise to treat each others with loyalty, majesty and nobility (HCA, 2010).

Environmental Assessment of HCA

The hospital industry of US is growing very fast. Currently there are 3,600 organizations that are operating 6,500 hospitals in United States of America. The major competitors of HCA are Tenet Healthcare and Kaiser permanente. In US, Hospitals are committing to provide inpatient and outpatient services to people with the help of advance technologies. Demand for healthcare services increase due to illness, accidental and injury rates, census and other innovative advancements in medical care. The competition within the industry is very high because most of the largest hospitals are providing same services, but in many cities the competition is based on the number of patients and quality physicians.

HCA has an advantage to buy the supplies, provide quality services and making out a deal with health insuring companies. The US Hospital industry is currently facing two ...