I’m working on a health & medical discussion question and need the explanation and answer to help me learn.
Hospitals rarely promote themselves for having the lowest prices. They tend to emphasize quality and count on the lack of price transparency to avoid direct comparison with competitors.
What changes would a hospital have to make to pursue a low-cost leadership strategy? Consider staffing, training, quality control, leadership, technologies, and org structure that could be useful.
How long would it take? How do you make it succeed?
