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Sample SWOT Analysis: Strengths (Internal) Weaknesses (Internal)

This SWOT analysis for a radiology practice identifies their strengths as specialized expertise, strong hospital relationships, and administrative support, while weaknesses include a lack of diversified income sources and ties only to one hospital system. Opportunities exist in further hospital alignment, gaining market share through baby boomers and new technology, while threats are decreasing reimbursement, increased workload, and competition from other radiology groups and healthcare reforms.
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0% found this document useful (0 votes)
232 views

Sample SWOT Analysis: Strengths (Internal) Weaknesses (Internal)

This SWOT analysis for a radiology practice identifies their strengths as specialized expertise, strong hospital relationships, and administrative support, while weaknesses include a lack of diversified income sources and ties only to one hospital system. Opportunities exist in further hospital alignment, gaining market share through baby boomers and new technology, while threats are decreasing reimbursement, increased workload, and competition from other radiology groups and healthcare reforms.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Sample SWOT Analysis

Strengths (Internal)

Weaknesses (Internal)

Subspecialized expertise
Strong relationship with hospital
Support from administration
Regional recognition
Quality of physicians
In-house coverage

Lack of income diversification


Tied to one hospital system
No significant hard assets
Lack of IT support
Politics within the group

Opportunities (Internal and External)

Threats (External)

Hospital alignment
Alignment with other radiology practices
Gain market share
Baby boomers
Improve contracts
New business
Use technology/physician extenders
Increase marketing efforts
Create awareness of radiology services

Decreasing reimbursement
Increasing after-hours work
Increasing non-compensated cases
National radiology practices
Competing local radiology groups
Leakage of studies
Health care reform and ACOs
Turf wars
Self-referral/in-office imaging

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