Health care organizations repeatedly use growth as a key strategy. In fact, Walston (2018) noted that growth “is an attractive prospect because it promises greater
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Health care organizations repeatedly use growth as a key strategy. In fact, Walston (2018) noted that growth “is an attractive prospect because it promises greater economies of scale, augmented reputation, swift entry into markets, achievement of synergies, increased market power, and higher salaries for top management.”
Walston, S. L. (2018). Chapter 4: Growth and integration strategies. In Strategic healthcare management: Planning and execution (2nd ed.). [Books24x7 version]. Retrieved from the Trident Online Library.
For your Module 2 SLP, in 2-3 pages complete the following:
Explain the differences between Vertical, Horizontal, and Diversified Expansion.
Research one large health care system.
Identify its core business and any diversified organizations.
Identify if the health care system is practicing related or unrelated diversification.
Explain how the organization’s strategy reflects its mission and vision.
In your scholarly paper, you should include an introduction and conclusion paragraph.
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