Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can you do the SWOT Analysis for the same ?? and what can be implementation plan ?? As technology becomes a determining factor for surgical

Can you do the SWOT Analysis for the same ?? and what can be implementation plan ??

As technology becomes a determining factor for surgical operations, hospitals are investing in increasing capital-intensive equipment despite the low case volume. Health care providers spend more than $45 billion annually on medical equipment that often remains unused for up to 90 percent of their functional life.

On the other hand, there is a dearth of medical infrastructure and equipment in India?s tier 2 and tier 3 cities. Hence, there is a requirement to bridge this gap by providing access to these underutilized types of equipment from healthcare providers to Tier 2 and Tier 3.

Huge capital expenditures are involved when buying medical equipment & those are lying unutilized many times. These costs are deterrent to the hospital when they are planning to buy equipment.

The medical technology sector in India is projected to reach US$ 50 billion by 2025. Between 2020-25, the diagnostic imaging market is likely to expand at a CAGR of 13.5%.

Solution in 1 line

:

Healthcare providers and individuals will immensely benefit from using this platform. It will assist hospitals in saving money on the price of new and used medical equipment. Hospital efficiency may be increased as a result since staff members will spend less time looking for and repairing medical equipment. Patients may benefit from the platform in various ways, such as having more medical care alternatives available and choosing the most convenient provider. Patients will have easier access to a wider variety of health care alternatives thanks to this platform, which can only assist in raising treatment standards overall.

Benefits for both healthcare providers and those seeking treatment are within the scope of the platform's use. It may assist the hospital in saving money on the price of new and used medical equipment. Because less time is spent looking for and fixing broken medical equipment, hospital operations are made more efficient. The platform has the potential to give patients several advantages, such as the freedom to choose the healthcare provider that is most accessible to them. The platform's ability to provide patients access to a wider variety of medical services enhances care quality.

Can you do the SWOT Analysis for the same ?? and what can be implementation plan ??

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

MIS Essentials

Authors: David M Kroenke

1st Edition

0136075606, 9780136075608

More Books

Students also viewed these General Management questions

Question

Improving creative problem-solving ability.

Answered: 1 week ago