Alana Davis
Southern New Hampshire University
HCM 415
4-2 Short Paper
Did you know that "Strategic alternatives are strategies that a business develops to set
the direction, for which human and material resources will be applied, for a greater chance of
achieving selected goals, and notes. Generally, a company develops strategic alternatives
when it's struggling and seeking a new direction to increase profits, or even simply to save
itself from dissolution or bankruptcy" (Teeboom,2019). Having strategies to obtain a goal for a
company is highly important in a healthcare business, so the business can run smoothly and
become successful. The strategies that a business develops helps them accomplish their goals
as business. It's important in healthcare to have strategic alternatives to be able to achieve
goals for the company and its patients they care for. An example of this is a business.
prioritizing critical issues such as staff and patients.
"Strategic flexibility is the process of updating key strategies in a timely manner. This
includes both enacting new resource commitments to adapt to the changing market conditions
and halting and reversing existing commitments. Given that business owners are often
encouraged to create a business plan and stick with it, today's fast paced market and changing
markets necessitate that these plans be adjusted quickly, or even changed entirely (Solutions
2020). To keep a strategic plan flexible a healthcare business needs to monito internal and
external factors such as staff, finances, and policies. They need to involve the right people such
as reliable staff and management and keep it consistent, so the job is done sufficiently. "In
addition to its expansion and reform of health insurance coverage, the Affordable Care Act (ACA)
contains numerous provisions intended to resolve underlying problems in how health care is
delivered and paid for in the United States. These provisions focus on three broad areas: testing new
delivery models and spreading successful ones, encouraging the shift toward payment based on the
value of care provided, and developing resources for systemwide improvement" (Abrams, 2015)
This act brought some changes which has helped with implementing methods of reimbursement for
healthcare staff and hospitals. This has helped with payments and quality of care being given to
patients. This has focused on patient care being given.
Recommendations for Huntington Hospital would be to focus on their staff and their
needs. I say this because staff were neglected to begin with, and their environmental and cultural
needs were not cared for. Now that it is by their new leader, there is some changes, and the
company is striving little by little with improvement. In the past workers were afraid to speak up
and now that their new leader is in the picture, they are adjusting to speaking up for their own
concerns for their company. Another recommendation for the company would be
communication. As we all know communication is key to success and getting the job done.
Everyone is on the same page, unfortunately that is not picture perfect everywhere we all