Major Company Paper Do the paper in APA format double spaced Times New Roman Font 12 Word Count XXXXXXXXXXwords at least 10 pages Company Name: Hospital Corporation of America (HCA) Title page – APA...

MANAGEMENT STRATEGY OF HOSPITAL CORPORATION OF AMERICA 1
Running head: MANAGEMENT STRATEGY OF HOSPITAL CORPORATION OF
AMERICA
Management Strategy of Hospital Corporation of America
MANAGEMENT STRATEGY OF HOSPITAL CORPORATION OF AMERICA 2
Executive Summary
Management strategy is required within an organization to maintain each and every
activity and develop quality outcomes of the services. Healthcare organizations are the most
important place where management strategy is essentially incorporated for the benefits of the
needy people. Patient satisfaction is the main priority of the healthcare organization to make it
successful. Hospital Corporation of America is known as a well-established company of the USA
that operated its healthcare services across two continents, such as USA and UK. The patient
care services of the company are based on its management system in terms of quality and health
care facilities.
However, Hospital Corporation of America has continued to provide quality health care
services and has aimed to expand into the new markets. Therefore, the primary care of the HCA
provides specific facilities to achieve mission of the company through a variety of actions. It has
un various health care programs to increase efficiency of the health care services among
stakeholders. The paper has taken to explore management topics of the HCA and analysis of the
management tactics utilized by it to maintain quality of patient care. It can provide knowledge
and understanding about the company that how it is effective in the present healthcare industry to
e a successful company.
MANAGEMENT STRATEGY OF HOSPITAL CORPORATION OF AMERICA 3
Management Strategy
Management strategy of the health care organization is a process in which strategic
thinking, and planning, as well as implementation is considered to
ing efficiency in the health
care system. The management strategy of the health care organization usually develops effective
managing strategic momentum that is essential to cope with the dynamics of the health care
industry in the competitive market (American Hospital Association, 2011). At the same time,
management strategy is also associated with a collection of strategic ideas that typically
determine some general rules and guidelines towards better health care management of the
patient in order to satisfy their needs and expectations effectively and efficiently.
In this consideration, this paper is taken to analyze Hospital Corporation of America
(HCA) and the management topics that are being examined for the company. Further, this paper
would also analyze the management tactics that the Hospital Corporation of America is doing in
the organization to get success in the market in case of competition. It is also necessary to
analyze some alternatives management tactics that the company can use in the topic areas to
make the organization beneficial in terms of financial and reputation improvement.
Background
The Hospital Corporation of America is usually known as the American for-profit
operator in case of providing effective health care facilities. HCA headquartered is in the
Nashville of the Tennessee that manages more than 168 hospitals cu
ently in the USA
(American Hospital Association, 2011). At the same time, HCA has more than 116 freestanding
surgery centers also across the United States and UK (HCA, 2017). The establishment of HCA
was in the year 1968, in Nashville formed by Thomas Frist Sr., and Thomas Frist Jr., as well as
MANAGEMENT STRATEGY OF HOSPITAL CORPORATION OF AMERICA 4
Jack Massey. Addition to this, HCA owned its first hospital in the USA was the Park View
Hospital that was near the downtown Nashville.
It is considered that HCA achieved a tremendous growth during the year 1970s and 1980s
through acquiring more than hundreds of hospitals across the USA. In the year 1988, HCA
started to acquire hospital operator in a management buyout for $5.1 billion. Now, HCA also
completed a successful public offering initially in the year 1992. Apart from this, Hospital
Corporation of America merged with the Columbia Hospital Corporation in 1993 and formed an
organized Columbia/HCA (HCA, 2017). It was also noticed that HealthSouth Corporation that
was Birmingham and Alabama-based hospital announced about the acquiring of the majority of
surgical division of the HCA in the year 1998.
Cu
ently, Hospital Corporation of America is operating more than 168 hospitals across
the USA and the UK successfully. This is a special advantage of the HCA to provide managed
health care services to the needy people and community across the USA and the UK. Therefore,
HCA has implemented a vision of healthcare as the patient-centered treatment facilities since
founding nearly 50 years ago (American Hospital Association, 2011). HCA is now constantly
working to improve a new way of patient care by practicing with integrity and effective
compassion. It has now proved as a role model in accomplishment of vision in reality.
Management Topics
The management topics that are being examined for the company can be assumed as
Patient Safety and Risk Management, Privacy and Security Management, and Integrated
Information System Management. These management topics are known as essential part of the
health care organizations in the cu
ent health care environment to assure best possible
healthcare outcomes for the patients and their families (Ginter, 2013). In the patient safety and
MANAGEMENT STRATEGY OF HOSPITAL CORPORATION OF AMERICA 5
isk management that is being...