You can see these types of changes in the long-term care SNFs (Skilled Nursing Facilities). As nursing homes changed from a place older people to go to live, to a place for rehab services and hospice care. As reimbursement tightens up the "Mom and Pop" family owned facilities become less and large corporations take over.
The types of evolution industries go through are:
- Fragmented industry
- Consolidated industry
- Multi domestic industry
- Global industry
Choose one of these industry categories and describe a health care delivery system that fits this industry? Can you give an example?
Hunger, J. D., &Wheelen, T. L., Hoffman, A. N., Bamford, C. E. (2015). Strategic Management and Business Policy (14th ed.). Upper Saddle River, NJ: Pearson Education