Read the text and then answer the question (and its parts, if applicable) in at least 500 words or more. Must be in your own words, do not copy and paste from another posting or source. Use terms related to the current course: Strategic Planning and Execution in Healthcare

SWOT analysis helps in the identification of the internal strengths and the weaknesses of an organization. The analysis also presents the company's opportunity for improvement and growth and also analyzes the threats which are caused by the external environment to the business.

Force field analysis takes SWOT analysis a step further by identifying the forces driving or hindering changein other words, the forces driving an organization's strengths, weaknesses, opportunities, and threats. For an organization to achieve success, the helping forces must outweigh the hindering forces. When this state is reached, an organization is able to move from its current reality to a preferred future.

To further refine planning decisions, SWOT analysis can be supplemented by gap analysis, which reveals differences between the organization's current standing and its target performance. Knowing where to focus efforts improves the efficiency of interventions. Obtaining data that can be used for local benchmarking and improvement is a key step in raising awareness and driving quality improvement.

1. Explain how a SWOT analysis, gap analysis, and force-field analysis facilitate and promote change in health care organizations and provide examples of each situation. Consider these three models in relation to healthcare leaders/executives forming a strategic plan in order to reach and exceed goals.

a) Provide an example(s) of how a hospital's downstream revenue is affected by the strategic plan implemented by healthcare leaders. Explain in depth.

References:

Anderson, D. G., Jo Potter, M., & Morris, D. E. (2018). Improving Performance and Enhancing Innovation With Venture Investing: Perspectives From Leading Health Systems. Hfm (Healthcare Financial Management), 110.

Bluth, M. H. (2020). What we should learn from our experience with the coronavirus. Hfm (Healthcare Financial Management), 74(6), 6465.

Harrison, J. P. (2016). Essentials of strategic planning in healthcare (2nd ed.). Health Administration Press.