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Assignment Details Assignment Description The long-term care (LTC) environment is growing rapidly, creating significant competition in the long-term care industry. Providing care for a growing elderly...

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Assignment Details

Assignment Description

The long-term care (LTC) environment is growing rapidly, creating significant competition in the long-term care industry. Providing care for a growing elderly population has become a very lucrative business in many areas of the United States. Using appropriate headings and subheadings, complete all of the following for this assignment:

  • Describe 3 major competitors in the United States LTC environment.
  • Select1 of the competitors and perform a strengths, weaknesses, opportunities, and threats (SWOT) analysis.
    • Clickhereto download a SWOT analysis template.
  • Explain the market position of the selected competitor and how it benefits the individuals who need the services provided.

The assignment should meet the following minimum requirements:

  • Your paper should be 1,050 words minimum (3-4 pages), excluding the cover page, abstract page, and reference page.
  • Your paper should be in proper APA format.
  • Work should be supported with at least 4 academic or professional peer-reviewed sources that were published within the past 5 years.

For a resource guide on using the online library to search for references, clickhere.

Answered Same Day May 07, 2021

Solution

Soumi answered on May 09 2021
138 Votes
Running Head: LONG TERM HEALTH CARE     1
LONG TERM HEALTH CARE        7
LONG-TERM HEALTH CARE ENVIRONMENT IN THE UNITED STATES
Table of Contents
Introduction    3
Three Major Competitors in the United States LTC Environment    3
SWOT Analysis    4
Market Position of Mariner Health Care group and Its Contribution to Needy Users    5
Conclusion    6
References    7
Introduction
    With the rapid growth experienced by the Long-term care (LTC) industry, the business environment for this specific sector is getting fiercely competitive. In the context of the United States, the long-term care businesses are exploiting the growing rates of the elderly population to expand their businesses. In this assignment 3, such competitors have been described. A SWOT analysis has been performed on one of the competitors. Additionally, the market position of the chosen competitor has been explained along with the manner, in which benefits individuals who need the services provided.
Three Major Competitors in the United States LTC Environment
With the growing rate of the elderly population in the US, Medicare and healthcare businesses have experienced a surge in business. As stated before, the LTC environment within the US is fiercely competitive. The three major competitors in the industry are Onyx Healthcare USA, INC., Kindred Healthcare Inc. and Mariner Health Care.
Onyx Healthcare USA Inc. is a healthcare organization that provides medical grade telemedicine solutions, as well as, patient engagement Information Technology solutions (ACN Newswire, 2015). Kindred are one of the largest hospice and home-health operator within the United States. The organization has a total of 19 rehabilitation hospital facilities, as well as, 77 long-term care healthcare facilities (Mathews, Mattioli & Cimilluca, 2017).
Mariner Health Care is among the top healthcare service providers in the US that provide long-term care services to patients. The organization operates through a network of owned, leased and managed subsidiaries and provides long-term acute care services, skilled nursing services and living assistance services to the US population.
SWOT Analysis
    SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. In this assignment, the SWOT analysis has been ca
ied out on Mariner Health Care.
    Strengths
    Weaknesses
    Â· One of the top healthcare service providers
· Operates 12 long-term acute care hospitals, 2 living assistance facilities and 252 skilled nursing facilities
· Represents about 32,000 beds throughout the...
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