HLTH 8401 Week 5 Discussion: Healthcare Organizational and Market Structures
In an industry as complex as healthcare, organizational and market structures must be carefully considered. To participate in accountable care organizations (ACOs) and other value-based care initiatives, for example, hospitals need to have a coordinated care organization model across ambulatory care, acute care, and other settings. Developing these coordinated relationships may require vertical integration to ensure efficient utilization. Although there are many advantages to this integration of organizational and market structures, there are some disadvantages for both the hospital and the providers. For this Discussion, examine the following scenario and recommend strategies for the organizational integration of the hospital and practice.
Resources
Be sure to review the Learning Resources before completing this activity.
To prepare for this Discussion:
- Analyze the provided scenario. What are the advantages and disadvantages of the vertical integration of the hospital and physicians’ practice? What economic factors should be considered?
- Consider strategies for the organizational integration of the hospital and physicians’ practice. Be sure to address the economic factors you identified.
By Wednesday
Post a cohesive response to the following:
- Compare advantages and disadvantages of the vertical integration of the hospital and physicians’ practice.
- Evaluate economic factors that should be considered for the vertical integration of the hospital and physicians’ practice.
- Propose strategies for the organizational integration of the hospital and practice. Defend or argue your recommendations using economic principles.
Support your response by identifying and explaining key points and/or examples presented in the Learning Resources.
Read a selection of your colleagues’ postings. Consider how your colleagues’ postings relate to the information presented in the Learning Resources and to your own posting.
Refer to the Week 5 Discussion Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.
By Friday
Respond to at least two of your colleagues’ postings in one or more of the following ways:
- Expand on this Discussion by highlighting differences between your own posting and your colleagues’ postings.
- Provide additional insights or alternative perspectives.
Continue engaging in the Discussion through Sunday.
SOLUTION HLTH 8401 Week 5 Discussion: Healthcare Organizational and Market Structures
Hello Class,
Vertical Integration of Hospital and Physicians’ Practice: Analysis and Recommendations
Advantages and Disadvantages of Vertical Integration
Vertical integration offers several potential benefits. First, acquiring a physician’s practice enables the hospital to create a more cohesive continuum of care, improving patient outcomes and satisfaction. Such integration facilitates streamlined communication between providers and reduces redundancies in care delivery, which is essential for success under value-based reimbursement models (Bai & Anderson, 2020). Furthermore, integrating with a physician group could bolster the hospital’s market share by attracting patients loyal to the practice, thereby offsetting the competitive advantage of the rival hospital that has already pursued such integration (Dranove & Ody, 2020)…..
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