Strategic Management and Economics in Health Care

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This book provides essential managerial and economic insights into hospitals, serving as a vital resource for addressing complex issues and enhancing decision-making processes. It integrates management and economic sciences, which are crucial for rational decision-making. Aimed at students in relevant fields, the book imparts the necessary knowledge to effectively tackle real-world challenges in healthcare organizations, particularly hospitals. By equipping students with managerial and economic expertise, it fosters a clear understanding of how to navigate the diverse and intricate problems faced by hospitals, while also encouraging the development of strategic approaches to improve efficiency and sustainability. The content is organized into chapters covering fundamental aspects of strategic management, the healthcare environment, the strategic management process, and planning within the healthcare sector. It also discusses strategic changes, total quality management, and the differences between for-profit, not-for-profit, and public hospitals. Additionally, the book delves into the economics of hospitals, their role as healthcare service providers, financing mechanisms, and the evaluation of hospital efficiency and performance. This comprehensive approach ensures that students are well-prepared to contribute to the healthcare sector effectively.