Hybrid Marketing Strategies At City Hospital

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vendor and product known as Epic as the system that best meets the needs of the facility, its providers, and its patients. The benefits of the Epic system to our patient population (customers) make the investment in Epic worth the expense. Currently there are 109,309 medical professionals utilizing Epic to meet Meaningful Use requirements as required by CMS (Clonts, 2015). In addition, Epic integrates with the existing systems already in use at City Hospital and its outpatient clinics and offers specialized software for cardiology, oncology, and obstetrics (Clonts, 2015). Purchasing individualized modules of Epic will provide some cost savings as will utilizing a remote vendor server to avoid the storage and IT infrastructure costs associated …show more content…
Healthcare has to identify the cultural changes and adapt them for the hybrid marketing strategy in order to develop strong marketing plans. It is important to work within useful limits to achieve and implement the process to achieve the task (Smith, 2004). Market culture is a corporate culture that highlights the competitiveness between the organizations, market competitors and among employees. It is important to understand the quality of medical marketing strategy, understand the strengths and weaknesses, and provide recommendations to vendors to improve the strategy (Reich, …show more content…
The purpose of market impact includes factors like business, relative market share, and market entry barriers. Creating an important market power involves taking the customers out of the “market” and incorporates them as an essential part of the business. By understanding the key elements during business implementation: analysis of systems, competition, policy, and antitrust laws a successful market analysis will be assured (Achrol, & Gundlach, 2014). A SWOT analysis is very important in a business plan to identify the strengths, weakness, opportunities, and threats from internal and external features. This data provides a better understanding about the organizations strength and weakness, identify the competitors, market status and progress, and also identify the customers’ interest to motivate them to accept the service for the success of the business and this provides value to stakeholders (Moseley,

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