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Concierge Medicine

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Discuss the company's competitors, and the strengths and weakness of each.
Discuss how you plan to differentiate your company from the closest competitor
Discuss the company's intentions to be a leader or follower within the industry
Assess the macro environmental issues (legal, technological, social and economic) trends with which your business must contend.
Identify the most significant trend to impact your business and discuss how the company intends to minimize or capitalize on this trend.

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Concierge Medicine is discussed very comprehensively in this explanation..

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Discuss the company's competitors, and the strengths and weakness of each.
The competitors of Concierge Medicine are Public Health Coverage, and Private Health Coverage. The strengths of Public Health Coverage are its low costs and standard treatment. The cons are that treatment is not received immediately, and there are queues for specialist's treatment. The strengths of Private Health Coverage are good quality treatment, get treatment from preferred organization and cost benefits. The weaknesses of private health care are the high cost of insurance and treatment dictated by insurance companies.
Discuss how you plan to differentiate your company from the closest competitor
The Concierge Medicine differentiates itself from the closest competitor by having physicians care for fewer patients than the average physician. further, these physicians are accessible via cell phone or email at ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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