Solution-Identify the critical success factors for vip-md

Identify the critical success factors for vip-md

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Reference no: EM132837202

VIP-MD is a health maintenance organization (HMO) located in North Carolina. Unlike the traditional fee-for-service model that determines the payment according to the actual services used or costs incurred, VIP-MD receives a fixed, prepaid amount from subscribers. The per member, per month rate (PMPM) is determined by estimating the health care cost per enrollee within a geographic location. The average health care coverage in North Carolina costs $368 per month, which is the same amount irrespective of the subscriber's age. Because individuals are demanding quality care at reasonable rates, VIP-MD must contain its costs to remain competitive. A major competitor, National Physicians, entered the North Carolina market early in the current year with a monthly premium of $325. VIP-MD wants to maintain its current market penetration and hopes to increase its enrollees in the current year.

Problem 1: Identify the critical success factors for VIP-MD. How can the HMO maintain its market share?

Reference no: EM132837202

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Identify the critical success factors for vip-md

Reference no: EM132837202

Reference no: EM132837202

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