Health & Medical : Assignment Three

Running head: ASSIGNMENT THREE1Analysis of Competitive Market Strategies for Ascension Medical SystemStudents NameInstitutional AffiliationASSIGNMENT THREE2Competitive Market Strategies for Ascension Medical SystemCompanies need competitive strategies in the market to achieve their goals. Since everybusiness is subject to market competition, it is essential for every company to have a competitivemarket model to help in obtaining a market share needed to keep the business profitable. From,the porters five forces model, it can be deduced that for any given company, competition cancome from anywhere. It can be internal where one product thrives better than another or externalrelating to suppliers, buyers or other similar companies (Sweeney, 2011). Ascension medicalgroup is one of the largest healthcare corporation in the United States and has had to content withvarying conditions in the healthcare industry over the years.Competitive AnalysisUnited States is blessed with many corporations delivering healthcare services.Ascension medical group is among major companies in the healthcare sector. There arecompanies such as HCA, which are bigger than Ascension and make more profits. For instance,HCA makes approximately $36.8 billion more than Ascension. Others such as Northwell can beconsidered peers to Ascension (Elton, Jeff and Anne ORiordan, 2016). There are also otherplayers in the industry that can be ranked lower than ascension in terms of bo ...


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