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In the past, 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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