Strategic Thinking in a Hospital Setting (Springerbriefs in Public Health)

Description

• Introduces the two major strategic views, namely the resource-based view and the positioning view, in addition to the application of Porter's strategies in a hospital setting

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  Elaborates on how to develop a strategic framework that will help identify the right objectives and the effective strategies to achieve those objectives

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  Thoroughly discusses a list of eight strategic tactics that cover service differentiation and cost management, each with its own operational initiative and target

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  Elucidates the sources of competitive advantages in a hospital setting and how to leverage these for better patient care and improved operational performance 

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

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  Strategic framework in a hospital setting

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  Application of Porter’s strategies in Lebanese hospitals

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  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.

Abdul-Latif Hamdan, MD, EMBA, MPH, FACS, is medical director of strategy and innovation at American University of Beirut Medical Center in Beirut, Lebanon. Dr. Hamdan also serves as professor and head of the Division of Laryngology in the Department of Otolaryngology Head andNeck Surgery.