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Healthcare Organization's Strength And Weaknesses

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Healthcare Organization's Strength And Weaknesses
SWOT analysis occurs prior to developing the strategic plan. This method is an internal assessment of an organization’s strengths and weaknesses and an external assessment of opportunities for expansion and threats to success (Harrison, 2010). Strengths are internal existing elements which triggered exceptional work. Weaknesses are internal elements that negatively impacts healthcare quality. Opportunities are external ways to initiate new business. Threats are external elements which may adversely influence the organizational outcomes. PMH strengths include: formulating a relationship with the Studer Group to assist with healthcare coaching, achieving the Healthcare Organization of the Month in 2016, the Flame award in 2016, the Studer Group assisted with identification of areas to improve, fostered enhanced relationships amongst clinicians, decreased patient falls, increased net operating margin, and decreased account receivable days. PMH weaknesses: fiscal …show more content…
Evaluating the implementation of the strategic plan assists the organization to measure effective and non-effective actions and processes (Kansas Department of Health and Environment, 2011). As such, time-sensitive adjustments may be accomplished efficiently and the emphasis would be the outcomes not the actions implemented. Benchmarking uses a specific point of comparison with other organizations, of which is measured against other healthcare organizations. This process allows for the discovery of how the results were accomplished and used as a learning opportunity to implement adjustments (Ettorchi-Tardy, Levif, & Michel, 2012). Benchmarking was initially introduced in 1990 by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), with the main objective to be a tool for continuous quality improvement and supportive action to change.
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