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Full Download pdf of (eBook PDF) Health Care Market Strategy 5th Edition all chapter
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Contents
8
Preface
About the Authors
9
Chapter 2 Understanding the
Strategic, Business, and
Marketing Planning
Process
Resolving the Confusion: Relating the
Strategic Plan to the Business Plan and
to the Marketing Plan
Business Plan
Marketing Plan
The Process of Starting a New Venture—
What It Might Look Like
When the Customer’s View Is Different from
Your View
Overall Strategic and Marketing Model
Summary
Questions for Discussion
Notes
10
Chapter 4 Step 1: Conducting the
Internal/External
Assessment
The Assessment Process
Blue Ocean Strategy
The Environment
The Market and Its Needs
The Competition
Internal Capability
Marketing Activities
Market Research
Summary
Questions for Discussion
Notes
11
What Should a Good Vision Statement
Look Like?
Critical Success Factors
What Next? Who Does What?
Summary
General Strategic Planning Checklist
Questions for Discussion
Notes
Further Reading
12
Promotion
The Integrated Marketing Communications
Integrating Paid, Owned, and Earned Media
Advertising
Sales
Summary
Questions for Discussion
Notes
13
Planning for Next Year
Summary
Questions for Discussion
Notes
Further Reading
Chapter 10 Conclusion
Strategy Versus Tactics
Planning Issues
The Future of Strategy and Marketing
Questions for Discussion
Notes
Appendix A
Appendix B
Appendix C
Index
14
© xijian/Getty Images
Preface
15
T
hirty-five years ago, the first edition of this
book was published. Since that time, many
changes have occurred in the healthcare
environment. However, as we look back and re-
read our preface from that first edition, much of
what was written holds true today. As health care
continues to dramatically evolve, the need for
well-formulated approaches to market-based
planning as this text espouses and helps the
reader understand is ever more essential.
16
opportunity. In this edition, many of these
entrepreneurial opportunities have resulted in
disruptive new services that influence the
strategies for others within the healthcare
provider ecosystem. Plans must be developed
considering the marketplace changes.
Demographics impact services in terms of
opportunities. Planning must reflect these realties
and shape marketing strategies. Over the course
of the previous four editions, government policies
have changed as health policy has changed.
While this book is not a discourse on
reimbursement rules and regulations, it is
important to link the environment to strategy and
to action and to understand the influence of these
forces. Finally, the structural shifts that have
occurred have been dramatic. As plans are
developed relative to the competition, new
entrants into the market, realignment with
mergers and acquisitions, and the impact of
global competitors all are ever more present
factors in the 35th year of this text’s edition.
17
delivered for the necessary procedure, and the
costs were passed along to an insurer. Now,
there is value-based care, high deductible
healthcare plans, individuals who may still buy on
an exchange, “center of excellence” contracting,
reference pricing, as well as other variations that
may affect the price component of marketing as
well as overall marketing strategy.
18
focused approach between strategy design and
tactical implementation. Reading an introductory
text in marketing or strategic management alone
does not equip one to take the next step in
planning a strategy with the tactics to move the
organization to act. In our foundation of creating a
strategy/action match based on when an
organization enters the market and the stage of
market development, a leader can consider the
alternative possibilities in terms of strategy and
the appropriate tactics to consider.
19
Chapter 2—The process of creating an
integrated strategic and marketing plan begins
here. First, it is necessary to clarify the
connection between the strategic plan, the
business plan, and the marketing plan to avoid
confusion. Furthermore, for each of these
elements, we offer key observations to enable
executives to make better decisions. For
example, we note that in many strategic plans,
these plans are often too general to offer
guidance to managers or too far removed from
reality to be believable. In this chapter, we offer
ideas that are designed to help executives
establish clear strategies and integrate strategic,
business, and market plans.
20
with greater depth of government transparency
sites, along with third-party sites, such as YELP.
21
begin to place resources to achieve that vision. In
health care, we tend to see less than accurate
mission statements, generalized vision direction,
and little attention or investment in critical
success factors. This chapter is designed to add
more rigor to the mission, vision, critical success
factor conversation, and decision-making.
Chapter 6—The healthcare environment is
constantly changing at the local, statewide, and
national policy levels. Some organizations are
growing, while others are not. Disruption is a
common term at the clinical, health system, and
payer levels. Growing organizations have
different tactical opportunities than organizations
that are in decline. The focus of this chapter is to
help organizations understand the kind of
marketing tactics they should use for each major
market condition. This model that we created is
called the “Strategy/Action Match.”
22
been at the forefront of marketing concerns. This
edition has an expanded and revised discussion
on choosing a brand strategy. Similarly, as the
changes in distribution strategy and tactics have
been so significant since our last edition, we have
revised and enhanced our approach in this
chapter; readers of prior editions will note the
impact of technology discussion in terms of the
distribution and channel and the discussion on
the changing nature of channels. In terms of
marketing actions, pricing has undergone
significant enhancement as the tactics in this
component of marketing have seen renewed
emphasis within health care since our last edition.
Discounting, contracting variations, center of
excellence contracting, price bundling are but a
few of the tactics to consider within the marketing
planning approach. “Integrated Marketing
Communications” is a new section in this chapter
within the overall discussion of strategy in
promotional planning. This edition also has
included the costing discussion regarding how to
do so for digital media alternatives.
23
might be in the same system, individual hospitals
may still compete even though they are part of
the same organization. Great strategies on paper
often become difficult to execute when it comes to
coordination across health system or clinical
lines.
24
pertains to the marketing message. The role of
the Chief Marketing Officer is changing, and we
have provided in this edition three trends that are
making this role more important to consider.
Hopefully, with some guidance in implementing
strategy and tactics in this book, we have helped
in some small way.
25
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