Why do healthcare organizations frequently use business growth as a key strategy? What are the benefits...

Why do healthcare organizations frequently use business growth as a key strategy? What are the benefits and challenges of growing through internal expansion?

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Expert Solution

healthcare organisatons are using business growth as a key strategy frequently as there is increased demand fr heathcare services from consumer patients and growthin disease managment

innovation and digital transformation are the modes to increase the quality of care ..
integration of medicines and healthcare is digital accleration is happening
market access defining and patient care
demographics, health insuranc epenetration ,medical value travel advantage ,private hospitals integration

benefits of internal expansion

less risk
can be financed through internal funds profits
build on business strengths barnds and customers
buisness will grow sensibly
better control coordination
inexpensive

disadvanatages

growth expansions is dependent on the overall market
hard to build in market share if business is anyways a leader
slow growth as sharreholdrs may want more profits
disecconomies of scale
need to restructure
dilution ofownershi
franchises difficult to handlel

keosha answered 3 months ago

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