Week 3 – HAP 396This is a mishmash of the basics of tactics and strategy and a lowdown on healthcare Policy and
Again the assignment consists of an 800 to 1000 word paper and a corresponding narrated presentation.
Please read Chapter 2 & 3 from the text or find the relevant information somewhere else. I prefer video
Here is the online book link: https://ebookcentral-proquestcom.mutex.gmu.edu/lib/gmu/detail.action?docID=5517312
Watch: What is Strategy: https://youtu.be/o7Ik1OB4TaE
Find and read Michael Porter’s Article: What is Strategy? , Harvard Business Review (November, 1996)
The assignment is to create an overview and critical thinking paper using what you have learned this
week. Yes, it was a lot and as I said previously it is a mishmash of strategy, policy and environmental
influences. Well environmental influences typically have an impact on Policy and strategy is largely
dictated by Policy. There are very few markets where Policy is not an issue, definitely not Healthcare,
which is regulated to the nth degree in this country and typically even more so in other countries.
For this assignment include the following: note, this is just a recommendation. As long as you put
together a good paper and presentation, you will receive a good grade.
Overview of current Healthcare Policy in the US
o What are the macros? Who are the players/regulators (don’t forget to mention major
court cases, e.g. Wyeth vs. Levine
o What are the limitations, e.g. being on drug formularies, certificates of NEED, FDA
What would be a good strategy for a healthcare practice or hospital going into 2023, where CMS
is pulling money out, the population is getting older and sicker, there are more people accessing
healthcare that are not on private plans.
o Here’s a hint/anecdote: healthcare practices are putting caps on the types of insured
patients they will see, e.g. no more than 10% Medicaid.
o Be sure to back-up your assertions on monopolies, ie. Check the financial statement of a
hospital to see if it is profitable. Often hospitals in areas without sufficient private
insurance operate at a loss and depend on federal or state assistance programs.
o How do envision the policy makers will react or will they do anything?
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