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5 pages/≈1375 words
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APA
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Health, Medicine, Nursing
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English (U.S.)
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PEST Analysis of Holyoke’s Soldiers Home
Essay Instructions:
See attachment. Please ensure scholarly work and critical thinking.
For the final presentation to the Board of Directors, complete a 5 page essay:
- Identify how current political and economic developments impact healthcare.
- Explain how socio-cultural factors play a role in providing healthcare within a healthcare organization.
- Explain the impact of an organization’s Ethical Committee and its duties.
- Identify the impact of technological advancements within the organization.
Dedicate one page to complete a PEST analysis using the grid below. (PEST was created by Francis J. Aguilar, who discusses a mnemonic for the four sectors of his taxonomy of the environment: Political, Economic, Socio-cultural, and Technical [Mind Tools, n.d.].) In each box, identify 3 or 4 impacting factors.
Political |
Economic |
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Socio-cultural |
Technological |
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Support your thoughts with 2 or 3 scholarly references.
Mind Tools. (n.d.). PEST analysis: Identifying “big picture” opportunities and threats. Retrieved from https://www.mindtools.com/pages/article/newTMC_09.htm
Essay Sample Content Preview:
PEST Analysis of Holyoke’s Soldiers Home
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Health care facilities have been at the forefront of providing the much-needed healthcare services in the wake of COVID-19 pandemic to help reduce the impact of the diseases. Holyoke’s Soldiers Home which offers its services primarily to veterans has been crucial in catering for the various health needs of its target population before and during the pandemic (Holyoke Soldiers’ Home Coalition, 2020). In assessing the impact of the current political and socioeconomic factors on the operations of the organization, a PEST analysis is performed. A PEST analysis takes into consideration the external factors that impact organizations including political, environmental, socioeconomic, and technological. The healthcare industry is largely impacted by these factors based on the role it plays in promoting the health status of its populations. The Holyoke’s Soldier’s Home is a government-run facility which provides several services including hospice care, an on-site dental clinic, full-time residential accommodations, a multi-service outpatient department, and a veteran’s assistance center (Sammut‐Bonnici, & Galea, 2015).
The current political and economic developments have had a significant impact on the healthcare industry due to the effects of the COVID-19 pandemic. In the last year, the government has implemented a more direct approach in dealing with the health concerns resulting from the pandemic. Various policies have been enacted to ensure better provision of healthcare services and protection of its population. Some of the most common political measures in the current environment have been the implementation of lockdowns and federal coordination in provision health care services. The lockdown measures were largely implemented to prevent the spread of the corona virus while federal coordination in provision of health care services was to enhance access of health care to all the populations (Alpert, 2021). Holyoke’s Soldier’s Home being part of the health care system was impacted by these measures which enhanced its delivery of health care services to the veterans. Based on the critical role that health care sector plays in society, it is significantly influenced by the government which uses policies to influence operations at the healthcare facilities. In the current economic development, the pandemic has negatively impacted the economic status which has left many people unemployed and strapped for cash (Alpert, 2021). Despite the economic meltdown, healthcare services remain to be expensive in America which leaves many people unable to access essential health care services. Therefore, the current economic development has led to healthcare facilities grapple with the poor economic conditions and the need to provide health care services to its populations (The Pest Analysis, n.d.). Due to Holyoke’s Soldier’s Home being a recipient of government funding, in the current economic development has received more patients as veterans struggle to seek quality health care services amidst the pandemic which has affected income opportunities for many people including veterans.
Socio-cultural factor...
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