External Factors Affecting The Healthcare System At St. Vincent's Hospital

There are many complex healthcare organizations across the United States. One of the largest healthcare organizations in Indiana is St. Vincent’s Hospital. They have 22 health ministries including 7 specialty hospitals, 8 critical access hospitals and other centers that serve 57 counties in Indiana. Core values of St. Vincent’s Medical center include wisdom, creativity, dedication, service of the poor, and integrity. “As member of Ascension Health, the largest Catholic health care system in the country, our mission is to care for the bodies, minds, and spirits of those in need, regardless of personal means or religious affiliation (Ascension Health).” Focusing on one location of St. Vincent’s Hospital in Indianapolis 550 bed full service Hospital located at, 2001 West 86th Street Indianapolis, Indiana, I will go through internal and external factors that affect this healthcare system (Community Benefit Report).
There are many internal factors such as finance, information technology services, human resource management, research and
Vincent’s hospital that could affect their organization would be economic, social, and technological. Economic factors would affect this health system greatly if more patients were on state insurances. The percentage now is lower than private insurances. The location is key and economically it makes the hospital do well in terms of revenue. The city of Indianapolis is a high social area. There is a lot of community involvement such as Danny’s closet of Hope, Think First, and Tobacco Management programs. Socially it is doing well but could fail if the community involvement fails. Lastly, Political factors that affect St. Vincent’s is the fact that it is a private non-profit meaning that there are no steakholders so no dividends have to be paid out. They are required to have financial assistance for patients and can lack the money needed for new technology if they do not do well in the community with