Preview

While Your Healthcare Practice Needs a Marketing Plan

Better Essays
Open Document
Open Document
1128 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
While Your Healthcare Practice Needs a Marketing Plan
Why Your Healthcare Practice Needs a Marketing Plan
Angela Bostick-Dixon
Ashford University
Strategic Planning & Marketing in Health Care
MHA 626
Cynthia Davis
November 27, 2011

Why Your Healthcare Practice Needs a Marketing Plan
The business plan of any organization can only occur after a successful strategic plan is form and securely in place. The strategic plan in any corporation, organization, and small business ventures has a vision on where this organization needs to be in the future. “The strategic plan is a long-term (three- to- five years) views of where the organization is going” (Hillestad & Berkowitz, 2004, p. 32). A strategic plan is just that a plan of things to come and how to attain the business or how to view the vision, mission, goals, of a specific organization, what other organizations are in your future business area or location, what is the bottom line for that compared to business. In other words if the business you plan on compete ting with is there enough customers and revenue, to meet the need of another business in the same area. The business plan “is a year-by-year tactical execution of the overall organization strategy. Each operating unit of an organization is responsible for producing annually its own distinct business plan, which should incorporate the operational, financial, personnel, and marketing needs of the specific unit”(Hillestad & Berkowitz, 2004, p. 32-33). Once the strategic plan (long term view) is in place, then an organization can start working on the business plan, finding sponsors, shareholders, investors and others interested in your business vision. Once the business is up and running and the business plan have drawn in enough capital to run the organization it is now time for the marketing plan.
“The role of the marketing person, in contrast, is to remain aware of the organization’s marketing philosophy and to implement a customer-oriented marketing plan” (Hillestad & Berkowitz,



References: Hillestad, S. G., & Berkowitz, E. N. (2004). Health care market strategy; from planning to action (3 Ed.). Sudburt, Massachusetts: Jones and Barlett.

You May Also Find These Documents Helpful

  • Better Essays

    Luther, W. (2001). The Role of Marketing Within the Business. In The Marketing Plan: How to Prepare and Implement It (3rd ed., pp. 15-16). New York, New York: AMACOM.…

    • 1258 Words
    • 4 Pages
    Better Essays
  • Good Essays

    References: Baker, J.J., & Baker, R.W. (2011). Health care finance: Basic tools for nonfinancial managers (3rd ed.). Jones & Bartlett.…

    • 729 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    To achieve this, the companies must have a good marketer and good marketing. The basic before doing marketing and lead to be success is a marketing planning. Marketing plan is considered a part of an overall business plan, it is widely used by businesses from all areas of industry to implement the components of marketing management. The process of marketing plan involves marketing analyses, strategy development, and implement marketing program. Having a marketing plan will let the company identify our customer's needs and wants. The company needs to work out how we will reach and win new customers and make sure that they will be happy and remain satisfied of the services we are providing them. Company needs to always review and keep on improving everything to stay ahead of the…

    • 718 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Swayne, L. E., Duncan, W. J., & Ginter, P. M. (2008). Strategic Management of Health Care…

    • 879 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Strategic Plan Part I

    • 1669 Words
    • 6 Pages

    Swayne, L. E., Duncan, W. J., & Ginter, P. M. (2008). Strategic management of health care organizations. (6th ed.). Hoboken, NJ: Wiley.…

    • 1669 Words
    • 6 Pages
    Best Essays
  • Better Essays

    SWOT Analysis

    • 1273 Words
    • 6 Pages

    Hillestad, S. G., & Berkowitz, E. N. (2013). Health care market strategy from planning to action (4th ed.). Burlington, MA: Jones & Bartlett.…

    • 1273 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Strategic Plan

    • 1445 Words
    • 6 Pages

    Swayne, L. E., Duncan, W. J., & Ginter, P. M. (2008). Strategic management of health care organizations (6th ed.). Hoboken, NJ: Wiley.…

    • 1445 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Marketing is a continuing process and with customer preferences constantly evolving a successful marketer must be able to develop and implement a strategic marketing plan that persuades the audience to choose your product above all others. Aspects of psychology, sociology, and economics are also used when putting marketing into action.…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    6). During the 1980s, strategic planning was more concerned with how to raise a profit because a fee-for-service was still the predominant form of payment (Zuckerman, 2011, p. 6). However, during the 1990s many medical facilities faced foreclosure and buyouts because of the rise of the managed care industry (Zuckerman, 2011, p. 6). More recently, the Affordable Health Care Act (ACA) has caused many healthcare organizations to reevaluate their strategic plans and missions statements, so that they may survive on making less of a profit while still offering a variety of medical services to the patient (Zuckerman, 2011, p. 7). For instance, in Michigan the Beaumont health system merged with the Oakwood and Botsford in anticipation of how severely the ACA would affect their profits (Greene, 2014). In another example of strategic planning the National Committee for Quality Assurance (NCQA) used to only a credit HMO programs, but now it has expanded and offers a seal of approval from the federal government for other health programs (Kongstvedt, 2016, p. 19). Strategic planning will continue to play a vital role in the healthcare industry because of the need to be distinct amongst other medical facilities, offer quality care at a reasonable price, and still be able to pull a profit from treatments that are done to the…

    • 739 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ginter, M.G., Duncan, W.J., & Swayne, L.E. (2013). Strategic management of healthcare organizations. (7th ed.). San Francisco, CA:…

    • 408 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Managed Care

    • 1408 Words
    • 6 Pages

    Nunez, R., & Kleiner, B. H. (2012). Development of managed healthcare in the united states: Lessons for managers. International Journal of Management, 29(3), 29-35. Retrieved from http://search.proquest.com/docview/1040874442?accountid=32521…

    • 1408 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Ethics

    • 858 Words
    • 4 Pages

    References: Baker, J. & Baker, R. (2011). Health care finance: Basic tools for nonfinancial managers (3rd ed.). Sudbury, MA: Jones & Bartlett Publishers…

    • 858 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Healthcare Management

    • 268 Words
    • 2 Pages

    As a manager of a health care organization, your goal is to create a successful environment for customers, patients, and staff, and planning is what makes this possible. A strategic plan will help maintain the environment you are currently in, provide input to what capabilities your organization has currently to use within this plan, change the organization based on the needs determined, and guide your organization to where it plans to go in the future.…

    • 268 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Health Care Spending

    • 1339 Words
    • 6 Pages

    References: Getzen, T.E., & Moore, J. (2007). Health care economics: Principles and tools for the health care industry. Hoboken, NJ: John Wiley & Sons, Inc.…

    • 1339 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    asdasdasdasdasdas

    • 252 Words
    • 1 Page

    With our strategic marketing service, we will research your target markets, analyze competitors and identify new opportunities. A marketing plan starts with setting measurable objectives and realistic budgets with you. We will then write a bespoke and detailed strategic marketing plan to achieve those objectives, within your budget, over a set period of time (usually one year to five years).…

    • 252 Words
    • 1 Page
    Satisfactory Essays