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Health Care Industry Analysis Paper

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Health Care Industry Analysis Paper
Porter’s Five Forces Analysis
Health care industry shares all the concepts of any other industry, either it is Apple or Cisco. The only difference stays the fragility of the type of business model. It sounds also important to define the business attribute which is centered between a non-profit and a for-profit institution. I am referring to a nursing home facility where many actors are involved within the operation activities. Within this facility business ecosystem, we find the government agencies, the suppliers of medications, foods, maintenance and office supplies, the residents (elderly people) and their family, the health care employees.
If one has to map this ecosystem after the model of James Moore he or she will place the government agencies, the owners, the unions and the competition as the main actors or participants of the ecosystem. The only changes would be made in the core business where management and employees, doctors and rehab centers are introduced. Also changes should be made in the extended business where residents and residents’ families substitute for customers.Business Ecosystem
Health Care Industry

Supplier's
Supplier
Direct
Supplier
Management
Employees
Doctors/Hospitals
Rehab centers
Residents
Temporary and permanent Residents’ family Standards Bodies
…show more content…
One actor cannot achieve his goal without the full implication of all the others. Can one speak about competition? The competition itself sometimes plays the role of an extended enterprise. The government plays as a regulator and also as a customer. If one facility does not have a therapy unit, it buys the service of one that has it. That reveals the complexity of this system. As any business from any industry, using the Porter’s five forces Model, I will analyze how the various participants of this ecosystem share the value they created

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