Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

You work for a marketing department in a hospital within a suburban location of a large metropolitan area. Though it neighbors million-dollar homes, the hospital's mission includes providing care to underserved and indigent populations in the area.
A new primary care physician moved into the area and approached your hospital to partner with her as she begins a new practice in the community. Because the administration is always anxious to welcome new practitioners to the hospital, you agree to meet with the physician. During the meeting, the physician explains that she wants to establish the first concierge medical practice in the community. The physician plans to attract around 100 families to her practice, and she plans to charge from $300 to $1,000 per month, depending on the size of the family unit. (Note: A goal of 100 families may not be realistic; however, the number makes for easier calculations.)

The patients who join the concierge practice will receive access to the physician's services 24 hours a day, 7 days a week, at an office located near the hospital. Families will receive preventive care services, and the physician will design wellness programs to encourage healthy lifestyles for her patients. The physician will use the hospital for all emergent care, day surgeries, rehabilitation, and in-patient care. The physician also plans to use nutritionists and the hospital's fitness center facilities.

Discuss some of the goods or services that could be highlighted in a marketing campaign that involves a concierge practice of medicine.

What advantages do you think a concierge practice of medicine might contribute to the hospital's offerings of products to the community?

Discuss some of the issues and challenges that may arise from the hospital sponsoring a concierge practice of medicine.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91963806
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Management

Alexis harrington received an inheritance of 95000 and she

Alexis Harrington received an inheritance of $95,000, and she is considering two speculative investmentsâ€"the purchase of land and the purchase of cattle. Each investment would be for 1 year. Under the present (normal) ...

There is a lot of information about how relevant this type

There is a lot of information about how relevant this type of thick clients is still. What are the advantages/disadvantages of these type of connections?

Identify two examples of managers inadvertently reinforcing

Identify two examples of managers inadvertently reinforcing the wrong behaviours. Then, identify two examples of managers punishing or extinguishing good behaviours.

1 blurred boundaries -- as organizations become more

1. Blurred boundaries -- As organizations become more laterally structured, boundaries begin to breakdown as different parts of the organization need to work more effectively together. Boundaries between departments as w ...

Shellys preferences for consumption and leisure can be

Shelly's preferences for consumption and leisure can be expressed as U(C, L) = (C - 100) (L - 40). This utility function implies that Shelly's marginal utility of leisure is C - 100 and her marginal utility of consumptio ...

Who should be involved in the process for making hiring

Who should be involved in the process for making hiring decisions? Should it be the same for all positions within the organization? Why or why not?

Motivating workers is an important goal for managers do you

Motivating workers is an important goal for managers. Do you think that providing feedback on strengths helps accomplish this goal? Identify other purposes for performance appraisal. How well does a strength-based approa ...

What are the personal and situational characteristics that

What are the personal and situational characteristics that determine self-control?

Compare and contrast static and dynamic efficiency applied

Compare and contrast static and dynamic efficiency applied to the fossil fuel market. Compare and contrast the concepts of resource rent and user cost as applied to this market and the potential differences in optimal re ...

What is a good analogy of subnetting whats a break down of

What is a good analogy of Subnetting? What's a break down of how it is used within a company?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As