Strategic Healthcare Management Planning and Execution, Second Edition Stephen L. Walston-Test Bank

Testbank for Strategic Healthcare Management Planning and Execution, Second Edition Stephen L. Walston

1. ISBN-10

   1567939600
2. ISBN-13

   978-1567939606
3. Instructor Resources: Test bank, PowerPoint slides for every chapter, responses to the chapter questions, and ideas for presenting and discussing the cases.
   Strategies in healthcare are driven by the organization’s mission. Effective leaders make wise decisions that progress their organization’s capability to accomplish its mission—even amid uncertainty, thereby attaining a strategic mission advantage.

   This publication delves into the comprehensive development and execution of strategy for the attainment of mission advantage, furnishing theoretical principles and practical tools that leaders require for making better strategic judgments. Case studies and examples illustrate the application of strategic principles to the complexities of today’s healthcare system, consistently linking back to the essential stakeholders, values, mission, and vision that form the foundation of healthcare organizations and their purpose.

   A noteworthy aspect of this edition is its focus on learning through current and topical case studies that portray the strategic obstacles faced by healthcare leaders. These obstacles encompass matters related to capitation, the establishment of accountable care associations, competitive positioning, as well as the disbandment of partnerships and vertical integration, among others.

   In addition to essential concepts and practical mechanisms for grasping, implementing, and overseeing strategies, this publication also presents financial tools for steering strategic decisions and techniques for analyzing healthcare markets. Noteworthy themes include the following, and more:

   The transition to value-based care and reimbursement modelsThe continual progression of healthcare reform and its impact on healthcare market structure Evolution of hospital and healthcare business models and their transformationGame-changing innovation in healthcareThe impact of the escalating consolidation of the insurance and provider sectorsThe benefits and challenges of alliances and partnerships, on both domestic and international levelsHealthcare stakeholders and their involvementAccountability in the execution of healthcare strategic plansGiven the swift and seemingly constant evolution in healthcare, skillful strategic planning and its implementation are more crucial than ever for achieving organizational triumph. This publication equips readers with the essential background for making decisions that further their organization’s triumph and mission.