Health Care Strategic Management and Planning
In the next several years, health care organizations will likely have to cope with a variety of legislative/political, economic, social/demographic, technological, and competitive changes. However, such changes can be properly managed through strategic management (Ginter et al., 2013). First, technological advances will bring various changes in the health industry. For example, people will start relying on telemedicine especially in treating common conditions and managing chronic conditions that require daily interventions (Vatandoost & Litkouhi, 2018). This means that patients can also stay at home instead of being in a hospital. It will also reduce the waiting time and the need for large space for waiting areas.
Second, robots and AI will conduct almost all procedures including diagnosis, e-healthcare, and surgery. AI will be used for diagnosis eliminating the use of MRIs and other scans. Currently, robots are being used for some surgeries. Third, pharmacies will no longer be needed to produce medicine. Instead, 3D printing will be used. Soon, healthcare organizations will rely on 3D-printed medications (Vatandoost & Litkouhi, 2018). Fourth, hospitals will place computer chips in human bodies that will facilitate early diagnosis of diseases.
Second, healthcare regulation will bring various changes in the health industry. Usually, changes in the healthcare industry take place at the legislative level. This is considering that various agencies are involved in managing and regulating the industry. For example, changes will occur in how patients and healthcare administrators use resources such as Medicaid and Medicare (Tabish & Syed, 2015). Third, demographic changes will require hospitals to rethink their strategies. For example, it is expected that more women will enter the healthcare industry in the next few years. This is based on the current analysis where more women have entered the medical profession. More African-American women will be practicing physicians. This will bring a shift in demographics increasing diversity in the industry.
Fourth societal changes will affect the healthcare industry soon especially now that consumers are becoming more aware (Ginter et al., 2013). Patients will have to be more involved in making decisions that affect their healthcare. This will require more transparency in the areas of care provided, the quality of care, expected outcomes, as well as the cost of care. Also, there will be financing changes that will affect health care organizations in the next year years. For example, to control health care costs, consumer-driven health care will be utilized. This approach will allow patients to be prudent purchases of health care. This means that patients will have financial responsibility (Tabish & Syed, 2015).
Healthcare organizations have to be ready to deal with a variety of changes in the next several years (Ginter et al., 2013). This is important considering that a major shift in an industry creates a wide range of changes throughout the industry. One major change in any industry triggers other changes throughout the industry. For example, a technological change such as the adoption of telemedicine brings many other changes throughout the healthcare industry. Such a shift may require clarification of vision, mission, and goals to find a new path. Second, a change in organizational culture may be required. Also, there may be a need for internal operational changes. However, through strategic management, health care organizations will keep pace with the changes that will take place in the future (Ginter et al., 2013).
Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). Strategic Management of Health Care Organizations (7th ed.). San Francisco: Jossey-Bass.
Tabish, S. & Syed, N. (2015). Future of Healthcare Delivery: Strategies that will Reshape the Healthcare Industry Landscape. International Journal of Science and Research (IJSR), 4(2), 727-758.
Vatandoost, M. & Litkouhi, S. (2019). The Future of Healthcare Facilities: How Technology and Medical Advances May Shape Hospitals of the Future. Hospital Practices and Research, 4(1), 1-11.