SWOT Analysis on Health Management Associates
Health Management Associates, Inc. (NYSE: HMA) is a leader operator of general sensitive care, non-urban hospitals situated all over the United States, primarily in the Southeast and Southwest. Health Management Associates, Inc. was established in 1977 to own, charter and run hospitals throughout the United States. In 1983, the company forwards its focus toward obtain, improve and operating under-performing hospitals in striking, non-urban areas. Since then, Health Management has become a leading role operator of acute-care medical hospitals in the U.S. It is headquartered at 5811 Pelican Bay Blvd. in North Naples, Florida. HMA provides its’ services to 66 hospitals for an estimated combined 10,300 certified beds throughout 15 states.
SWOT Analysis
Strengths
• Health Management, by and through its underlying, currently operates 54 hospitals in 15 states with approximately 8,000 certified beds.
• The Company occupies approximately 32,000 dedicated connections and hosts a total medical staff of approximately 8,000 general practitioners.
• They are specialized in Hospital Operation and in Healthcare Quality.
• Health Management came into the market with their medical service at a point when there were no other such companies to provide better medical services.
• Health Management was the primary to proffer Medical service leasing through mail and this permitted them to proffer a superior assortment of DVDs Health care product comparatively new-fangled to the marketplace.
• Joint with its winning commerce mock-up, Health Management near the beginning entrance has permitted it to keep a high relation market split in the online medical service leasing production.
Weaknesses
• Health management frequently has a problem providing sufficient doctors when some mishap takes place.
• The major reason of client displeasure is Health Management incapability to totally make first rush for a disaster.
• Clients have taken on to the truth that Health Management just purchases a imperfect amount of new discharges right away, choosing to stay behind a rareness of weak to purchase the size of its provide at inferior expenses.
Opportunities
• Fortunately for Health Management, this service is currently available as a per-screening basis.
• Health Management is able to start of this possibility if it is flourishing in competently providing streaming satisfied to a client on a point in time practice base rather than a per-screening basis.
• Active organization could probably facilitate Health Management to take up present suppliers of this tune-up.
• They must join hands with some other well known organizations and associations to enhance their business in their country as well as in other countries.
Threats
• As some more medical associations are coming in the market to set up their business in the market, so they may face some down fall in the market.
• They must add some services in their company to remain safe from losing the customers.
• Health Management ever drops their present image in the market by giving some low quality hospitality they might not know how to keep up the image again.
Reference
Health Management: Company web page (www.hma.com) Retrieved: 5 Nov, 2012
Yahoo Finance: News, history. http://finance.yahoo.com/q?s=HMA Retrieved: 5 Nov, 2012
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