Description of the new health care business

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Consider the new healthcare business or service line that you described in the Discussion Board assignment this week. Use any or all concepts over the course of this class to assist with developing the financial analysis of your new business or service line.

Use any or all concepts over the course of this class to assist with developing the financial analysis of your new business or service line.

Create a PowerPoint presentation that includes the following: Description of the new health care business or service line Definitions of the four areas of the SWOT analysis Provide examples of the type of information in each section of the SWOT analysis.

A comprehensive SWOT analysis on the internal and external environment for the service line or new business you plan to open Your presentation should be professional and follow CTU guidelines for PowerPoint presentations.

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The task deals with SWOT Analysis of Telemedicine. Presentation has been done. Secondary data have been collected based on the topic.The key points are discussed in the slides.

Reference no: EM132319781

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inf2319781

7/28/2019 3:32:22 AM

quests being raised by the patients, the type of queries turning out all will be subjected to critical investigation and based on the actual data obtained in this regard, more changes will be made to the organization service profile and this in turn can work on to make the service even more versatile and useful. Continuous improvement of the service and its profile of operations can work for betterment of the service outreach to more cross section of the patients and of course will also contribute for better revenues to the organization (Zanaboni & Wootton, 2012). References Boxer, R. J. (2019). Advantages and utilization of telemedicine. mHealth, 5. Zanaboni, P., & Wootton, R. (2012). Adoption of telemedicine: from pilot stage to routine delivery. BMC medical informatics and decision making, 12(1), 1.

inf2319781

7/28/2019 3:32:17 AM

y of the health care facility and will further boost up the revenues. Also a brand image of quality and reputation can contribute more patient turning-in into the health care facility. ?Apart from these immediate short terms benefits, if the organization managed to keep up its image of quality and standards in medical service; it is possible that the organization can get numerous benefits as there can be loyalty possible from the existing customers, new customer can visit the service and take up the in-patient services as well. Also, the quality oriented brand image of the organization can help the organization to innovate its services domains to much wider boundaries and supports to take up new business ventures in future. Tele-medicine service, business line of operations of the organization is a very much prospective business line of operations and it has all the necessary characteristics to ensure better profits and sustain for long term. A critical investigation of the patient response to the proposed tele-medicine services, the type of service re

inf2319781

7/28/2019 3:31:40 AM

Hence to take advantage of the existing specialists as well to take advantage of the new specialists to be recruited to work online, will facilitate a tele-medicine facility for the organization. The organization can able to cater the queries of the patients from the all over the nation and even from outside the country. Patients can book an appointment with a health care consultant online by paying the prescribed fees; they can get

inf2319781

7/28/2019 3:31:26 AM

The location does have good population and the health care centre has about 400 beds and there are good revenues and patients visits, since the establishment. The key obstacle for further expansion of the project is the huge expenses involved in capacity building. In this connection the new business line of operations need to be good revenue generator and at the same time should not be very much expensive and fall within the budget of the organization.

inf2319781

7/28/2019 3:31:13 AM

Discussion Posting: Health Care Business ?The discussion is about the new business line being proposed to the existing framework of operations. I would like to add tele-medicine service to my existing business line operations of the health care facility. The current health care facility is located in very much nearer distance to the regional state headquarters.

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