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Competitor analysis may not have been necessary in analyzing health care markets. However, healthcare has become a much more competitive industry.
How has the industry changed in terms of each of the following factors?
- Emphasis on quality and outcomes.- Efforts to reduce cost.- Efforts to increase efficiency.- Increases in the number and size of for-profit health care organizations.- Changes in perspective concerning competition.- Over-supply of hospital beds in some areas.- New organizations entering markets.- Decline of "friendly" competition.- Separation of consumers of health services from payers.
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