MARKETING THE LONG TERM CARE FACILITY;THE TURN OF MARKETING;THE MARKETING OF HEALTH CARE; DEVELOPING A MARKETING STRATEGY Flashcards
Like many hospitals, nursing homes are increasingly turning to ___ to maintain satisfactory income.
1. Corporate bonds
2. Filling a market niche
3. Stock offerings
4. Increasing the profit margins achieved
233
Filling a market niche
When a facility has achieved the premier status as the best caregiver in the community, experience suggest that it will likely ___.
1. Retain that position over time
2. Lull itself into complacency
3. Make an even greater effort to retain its position
4. Seek additional ways to maintain that position
234
Lull itself into complacency
In today's competitive market, good nursing facilities \_\_\_. 1. Abound 2. Are scarce 3. Seldom are identifiable 4. Have disappeared 235
Abound
The downside of being a good nursing facility is that it ___.
1. Causes staff to stop trying
2. Is difficult to maintain
3. Is not recognized by the public
4. Only puts you with the rest of the pack
236
Only puts you with the rest of the pack
Several years ago the US Supreme Court \_\_\_ self-imposed restrictions by health and other professionals against advertising services or prices that have the result of keeping the public ignorant or inhibiting free flow of information. 1. Ruled as permissible 2. Discouraged, but did not rule illegal 3. Ruled illegal 4. Permitted 237
Ruled illegal
Competition occurs when two or more organizations seek to serve \_\_\_ in an exchange process. 1. Two or more groups 2. Fours or more groups 3. Numerous individuals 4. The same individual or group 238
The same individual or group
The audit, market segmentation, choosing a market mix, implementing the plan, evaluation of results, and control are the steps in \_\_\_. 1. Managing by objectives 2. Total quality management 3. Marketing 4. Good management 239
Marketing
The marketing of the nursing facility is in a special context because of ___.
1. Special laws covering nursing facility marketing
2. Public ambivalence toward the nursing facility
3. Special costs to the nursing facility not borne by other providers
4. Restrictive legislation governing nursing facility marketing practices
240
Public ambivalence toward the nursing facility
Selecting a target market or markets, choosing a competitive position, and developing an effective marketing mix to reach and serve the identified customers is ___.
1. Unnecessary for the typical nursing facility
2. Necessary only in states where no certificate of need exists
3. Developing a marketing strategy
4. Implementing good planning and directing
241
Developing a marketing strategy
A marketing strategy includes \_\_\_. 1. Excessive sums of money 2. Hiring an outside firm 3. Hiring a marketing person 4. Selecting a target 242
Selecting a target
The administrator asks a committee to engage in the process of identifying, collecting, and analyzing information about the external environment. In marketing terminology the administrator is seeking a/an \_\_\_. 1. Environmental analysis 2. Audit 3. Segmented market 4. Multiple market 243
Audit
The total percent of all residents whose medical conditions were being treated as a medical condition requiring special care is \_\_\_. 1. 10% 2. 15% 3. 18% 4. Nearly half 244
Nearly half
When the administrator decides to serve only longer-term residents. Medicare residents, and Alzheimer's residents, in marketing terminology, the administrator has selected the \_\_\_. 1. Product mix 2. Target 3. Goals 4. Opportunities 245
Product mix
The percent of residents whose health conditions were being treated as a medical condition requiring tube feeding is \_\_\_. 1. Under 1% 2. 5% 3. 45% 4. 75% 246
5%
The steps of problem recognition, information search, alternative evaluation, purchase decision, and post-purchase evaluation are, in marketing texts, identified as the steps in ___.
1. Consumer decision making
2. Facility market segmentation decisions
3. Health care marketing practices
4. Government rule making
247
Consumer decision making