Internationalization of multi hospital systems.
Much like the manufacturing multinationals of yore, professional service establishments are now going abroad in large numbers. Two factors drive their expansion overseas--the increasing restrictions on their operations domestically, and the inviting opportunities in some of the global markets. A survey of multi hospital corporations both with and without experience in foreign markets was conducted regarding the expansion of their operations overseas. Examined were factors central to the decision-making process including: the various types of foreign health care systems; the entry strategies in penetrating foreign markets (fully owned, joint ventures, etc.); favorable factors and barriers considered in choosing foreign markets; the ability to transfer standardized systems from operations in the U.S.; and the profits from such operations. Respondents provided information regarding the above factors that are critical in determining an overseas expansion strategy.
Jayachandran
C
C
Montclair State College.
Chandran
R
R
O'Hara
L
L
D003659:Decision Making, Organizational; D004465:Economic Competition / Q000639:trends; D016520:Entrepreneurship / Q000191:economics / Q000458:organization & administration; D005069:Evaluation Studies as Topic; D006777:Hospitals, Proprietary / Q000191:economics / Q000458:organization & administration* / Q000706:statistics & numerical data; D007391:International Cooperation; D007449:Investments / Q000191:economics / Q000458:organization & administration; D008389:Marketing of Health Services / Q000191:economics / Q000458:organization & administration* / Q000706:statistics & numerical data; D009096:Multi-Institutional Systems / Q000191:economics / Q000458:organization & administration* / Q000706:statistics & numerical data; D012959:Socioeconomic Factors; D011795:Surveys and Questionnaires; D014481:United States