Strategic Healthcare Management: Planning and Execution

A healthcare organization’s mission should direct its strategies. Successful leaders make good decisions that advance their organization’s ability to achieve its mission—and thereby gain a strategic mission advantage—even in the face of uncertainty. This book explores in depth the development and implementation of strategy to achieve mission advantage. It provides both the theoretical concepts and the practical tools leaders need to make better strategic decisions. Its cases and examples show how strategic principles can be applied to the intricacies of the contemporary healthcare system, always tying back to the key stakeholders, values, mission, and vision that underpin healthcare organizations and their purpose. A notable feature of this edition is its emphasis on learning through topical and timely case studies that depict strategic challenges healthcare leaders commonly face. These challenges range from issues of capitation, the formation of accountable care relationships, and competitive positioning to the dissolution of alliances and vertical integration, among others. Along with the necessary concepts and practical means for understanding, implementing, and monitoring strategies, this book also provides financial tools for directing strategic decisions and methods for analyzing healthcare markets.