Reference no: EM132632471

Case study: Health Care Needs Real Competition

The U. S. health care system is inefficient, unreliable, and crushingly expensive. There is no shortage of proposed solutions, and health care needs more competition. In other sectors, competition improves quality and efficiency, spurs innovation, and drives down costs. All stakeholders in the health care industry - regulators, providers, insurers, employers, and patients themselves -- have roles to play in creating real competition and positive change. In particular, five catalysts will accelerate progress: put patients at the center of care, create choice, stop rewarding volume, standardize value-based methods of payment, and make data on outcomes transparent.

1. Create a mission and vision statement for your organization. Determine three specific strategic goals that align with the ideals in those two statements.

2. Recommend one specific adaptive strategy or combination of adaptive strategies that would be most effective in ensuring that the organization achieves its strategic goals. Support your recommendation with examples of the successful application of the recommended strategy or strategies.

3. Outline three service delivery and three support components that will be necessary elements of the organization's value chain geared toward achieving the strategic goals that you identified. Examine, in detail, the main reasons why the delivery and support components of the value chain that you identified are essential to the achievement of the organization's goals.

4. Suggest one specific approach to maintaining the selected adaptive strategy or strategies in order to ensure that the organization achieves its mission and vision.

5. Use at least three quality academic resources in this assignment.