Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MinuteClinic is a division of CVS Health (NYSE: CVS) (stylized as minute clinic), the largest pharmacy health care provider in the United States.[2] MinuteClinic launched

MinuteClinic is a division of CVS Health (NYSE: CVS) (stylized as minute clinic), the largest pharmacy health care provider in the United States.[2] MinuteClinic launched the first walk-in clinic in the country in 2000 and is the largest provider of retail clinics with more than 1,100 locations in 33 states and the District of Columbia. Nationally, the company has cared for more than 20 million patients, with a 95% customer satisfaction rating.[3] MinuteClinic is the first retail health care provider

MinuteClinic is a division of CVS Health (NYSE: CVS) (stylized as minute clinic), the largest pharmacy health care provider in the United States.[2]MinuteClinic launched the first walk-in clinic in the country in 2000 and is the largest provider of retail clinics with more than 1,100 locations in 33 states and the District of Columbia. Nationally, the company has cared for more than 20 million patients, with a 95% customer satisfaction rating.[3]MinuteClinic is the first retail health care provider to receive three consecutive accreditations from The Joint Commission (2006, 2009 and 2012), the national evaluation and certifying agency for nearly 19,000 health care organizations and programs in the United States.

MinuteClinic walk-in medical clinics are staffed by nurse practitioners and physician assistants who specialize in family health care and are trained to diagnose, treat and write prescriptions for minor acute illnesses such as strep throat and ear, eye, sinus, bladder and lung infections. vaccinations, such as influenza, tetanus-pertussis, pneumovax, and Hepatitis A & B are available at all locations. Some services MinuteClinic offers include sports and camp physicals, smoking cessation and TB testing. Routine lab tests, instant results and education are available for those with diabetes, high cholesterol, high blood pressure or asthma.

A small idea bloomed into a company of national presence! Obviously the company had an excellent business model and strategy. Based on the class lecture (PP presentations and Panopto recordings), and reading materials, describe the four components of a Business Model (Clayton Christenson, HBS), and illustrate them using the MinuteClinic business.

Report format:

1. Identify the four components of a business model (Clayton Christenson, HBS) and write a small paragraph on each one of them.

2. Illustrate them using MinuteClinic business (You may have to do some additional research on Minute Clinic If the information provided is not sufficient)

3. 3. Your comments on the model and its performance

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

Strategic management concepts

Authors: Fred david

13th Edition

9780136120988, 136120997, 136120989, 978-0136120995

More Books

Students also viewed these General Management questions