SWOT Analysis Case Study HCA Hospital Example | Topics and Well Written Essays - 500 words

SWOT Analysis HCA Hospital - Case Study Example This is strength to the hospital as it enables it to receive favorable interest rates from the bond market (Carmelo, 2013). With favorable interests from bonds, the hospital can be able to issue the new proposed bond of $80 million easily to refinance the previous bond and get the extra $10 million to purchase and update its medical equipment. Another of the hospital is that, the hospital has a large measure of stability even during hard times, hence gaining credibility to its management team by the rating agencies. This then is another reason that makes the hospital’s bonds to receive favorable interests in the market, hence can be reissued for better interests to settle the outstanding bonds and the balance be used to buy medical equipment required to update the hospital’s equipment standard. The hospital faces serious financial problems that it needs to update its technology in order to deliver quality services to the patients especially at the diagnostic and surgical departments. Given that the hospital is a non-profit making, it tends to collect less funds that may not be able to be enough for such equipment and the running of the hospital at large. The fact that the hospital is located in a metropolitan area is a strategic opportunity to enable it receive and serve as many people as possible in order to make it achieve its core goals and objectives. Being that many area residents do not have healthcare coverage and do not qualify for the Medicaid program, the hospital then exploits this opportunity to provide services to this classes of people in order to meet its mission of free medical services and non-profit making. The hospital, however, is faced with a threat of the high healthcare costs that has been contributed to by a nationwide shortage of nurses as well as family practice doctors. This is a threat in that, the hospital in its endeavors must be facing hard time to hire both doctors and