By this point in the course, you have developed an understanding of the relation

By this point in the course, you have developed an understanding of the relationship between economics and the costs of health care. Furthermore, market trends and demands differ from locality to locality, and it is advantageous for health care
administrators to be aware of the particular drivers of demand impacting their facilities.
Review the SWOT analysis you completed for your organization in MHA/505. Applying your knowledge of economic principles,
analyze how economic concepts impact the opportunities or threats facing your organization.
Write a 1,225- to 1,550-word report of your organization’s SWOT and how economics in your market impact the strategy and
future of your organization. Include the following:
Summarize the major economic trends in the market.
Evaluate whether these trends benefit or harm the organization’s strategic goals. Provide a rationale for your response.
Evaluate whether the economy in the market presents opportunities or threats for your organization or both. Describe them and
how they apply to your organization.
Examine whether the organization can influence the economics in your area. Explain your perspective.
( For trends and the area, I live in Houston, Tx, so you can use this as a reference to trends.) Also, I attached a swot analysis from my school website since I’m currently not working in the healthcare field, and my professor said it was okay.)
Reference for the attached document. (Health Care Service Corporation SWOT Analysis. (2022). Health Care Service
Corporation SWOT Analysis, 1–7.)
Cite any references to support your assignment.

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