Swot Analysis Of Medicaid Reimbursement

Improved Essays
As discussed in the previous assignment, the issue that has been examined is major decreases in Medicaid reimbursement. This posed challenges in the way that Boston Medical Center (BMC) surgical department delivers efficient care, specifically dealing with patients’ needs. Applying the SWOT analysis tool is significant for BMC’s surgery department to reduce costs and provide quality care. The SWOT analysis concept consists of strength, weakness, opportunities, and threats (Walston, 2014. p.182).
Strength is the first level of the SWOT analysis. At this stage, BMC’s surgery department will focus on the following:
-Improving mortality rates
- Gaining access to clinical databases to support quality initiatives
-Assign productivity benchmarks
…show more content…
-Poor innovative technology access for specialists
-Lack of priorities for clinical growth/partnering with health system
-Inadequate program sharing with the hospital
-Patient satisfaction scores that are not uniformly great
-Lack of coordinated plans to decrease readmission rates
-Communication with referring docs not uniform
- Coordinated and efficient use of mid-levels.

BMC’s surgery department SWOT analysis opportunities project growth in the next 5 years of inpatient volume in surgical subspecialties. The following indicates these opportunities:
- Market share in shoulder replacement
- Programmatic approach in developing quality care
- Salary structure/incentive model that is program focused
- Increased supervision of residents
- IT optimization
- Joint physician liaison and marketing efforts
- Partnering with medical specialties
- Hotline for patients who needing routine/daily outpatient
…show more content…
But, tackling the issues of Medicaid will reduce the lack of access in healthcare. Surgeons are not only going to be available in the healthcare system, Medicaid patients will receive the same treatment as privately insured patients. SWOT analysis is useful to manage disease and help retain patients. I suggest, BMC’s surgical department continue using SWOT analysis while partnering with other organizations.

As discussed in the previous assignment, the issue that has been examined is major decreases in Medicaid reimbursement. This posed challenges in the way that Boston Medical Center (BMC) surgical department delivers efficient care, specifically dealing with patients’ needs. Applying the SWOT analysis tool is significant for BMC’s surgery department to reduce costs and provide quality care. The SWOT analysis concept consists of strength, weakness, opportunities, and threats (Walston, 2014. p.182).
Strength is the first level of the SWOT analysis. At this stage, BMC’s surgery department will focus on the following:
-Improving mortality rates
- Gaining access to clinical databases to support quality initiatives
-Assign productivity benchmarks and identify medical margins on surgery admission
-Assigning leadership roles to experts in the

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