Wednesday, May 15, 2019

Apollo Hospital Case Study Example | Topics and Well Written Essays - 1250 words

Apollo Hospital - Case area ExampleThe conditions in the industry have been tough and Apollo has to make certain strategic decisions to expand its network. However, condescension its self-coloured leadership and financial position it does aim to increase its financial risks in expansion cod to laid-back competition and initial investment requirements. Therefore, it must adopt a different strategy by diversification, licensing, partnerships or even making it a public limited company that could bring in novel capital from shareholders.Apollo Hospital is a profit generating organization and it constitutioned profits for consecutive ten years. notwithstanding tough competition in the Indian healthcare industry the hospital was able to generate beefed-up demand for its services. The revenue grew almost six times from INR57.192 million to INR374.426 million in 1994. The bed tenancy of Apollo Hospital has improved from 40.4% in 1990 to 70% 1994. All other performance indicator ref lected a strong business model implemented by Apollo Hospitals that allowed the organization to remain ahead of its competitors in these years.The current lawsuit study analysis combines examination of external factors with the organizations internal analysis to form a discussion of critical success factors (CSF) of Apollo Hospitals. The reason for choosing PESTEL, Porters Five Forces, and SWOT analysis tools for this eccentric study is that they allow a better understanding of the strategy followed by Apollo Hospital to be the starting time to address healthcare needs of Indian population and its ability to outperform other companies. In addition, this report includes important conclusions from the case study and set forth recommendations for the organization to deal with the growing demand of high quality healthcare in India and tough competition from other corporate hospitals that followed Apollo Hospitals by making their accession with huge investments.There is not threat of substitutes as healthcare is the basis need of humans.

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