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Rationale for threat: 50 words each

Analysis suggestion: 250 words or less

• Read the case study Cottage Senior Living. Then conduct a service area structural analysis using your selected service category and service area from Assignment 2.1 and Porter’s Five Forces Competitive Framework. For each force, identify one threat. Provide the rationale for the threat and then assess the threat as high, low, or medium.

Finally, describe what the analysis suggests for Cottage Senior Living within the long-term care industry. This assignment requires you to consult and cite at least one outside source. If necessary, see the MHA program definition of outside and peer-reviewed sources in MHA Information and Resources. Using the MHA adaptation of APA citation, your reference page will contain only your outside sources.

• Use the following template to develop your analysis:

Five Forces

Threat

Rationale for the threat

Assessment (High, Low or Medium)

Threat of New Entrants

Intensity of Rivalry Among Existing Organizations

Threat of Substitutes

Bargaining Power of Customers

Bargaining Power of Suppliers

Describe what the analysis suggests overall for Cottage Senior Living within the long-term care industry.

Medicaid.gov. (N.D). Long Term Services & Supports. Retrieved from https://www.medicaid.gov/medicaid/ltss/index.htmlThe Medicaid website provides information on long term trends, options, and programs.Health Dimensions Group (2017). Top Trends in Aging Services: Healthcare Insights and Outlook 2018. Retrieved from https://www.beckershospitalreview.com/hospital-management-administration/top-trends-in-aging-services-healthcare-insights-and-outlooks-2018.htmlThe article identifies nine trends in 2018 that will continue to radically transform senior care, including evolving ownership models, value-based payment growth, labor shortages, occupancy and demand fluctuations, regulatory pressures, senior living medicalization, and partnership expansion.Iglehart, J. K. (2016). Future of Long-Term Care and the Expanding Role of Medicaid Managed Care. New England Journal Of Medicine, 374(2), 182-187. doi:10.1056/NEJMhpr1510026The article discusses the major issues surrounding long-term services and supports (LTSS) in the U.S.Assisted Living Facilities.org (n.d.). Trends in the Industry. Retrieved from https://www.assistedlivingfacilities.org/resources/trends-in-the-industry/The article discusses the evolving trends in the assisted living industry.The Statistics Portal. (n.d.). U.S. Senior Housing – Statistics & Facts. Retrieved from https://www.statista.com/topics/4817/housing-for-seniors-in-the-us/Medicaid.gov (2016). Long Term Services & Supports.  Retrieved from https://www.medicaid.gov/medicaid/ltss/index.htmlAlliance for Health Policy (2017). Chapter 10 – Long-Term Services and Supports Retrieved from http://www.allhealthpolicy.org/sourcebook/long-term-services-and-supports/if any of these help you.

Michael E. Porter, Professor, Harvard University, discusses and provides strategic perspective on the five competitive forces model, which is the basis for much of modern business strategic management. The video describes the model along with how to apply it in practice.Medicaid.gov. (N.D). Long Term Services & Supports. Retrieved from https://www.medicaid.gov/medicaid/ltss/index.htmlThe Medicaid website provides information on long term trends, options, and programs.Health Dimensions Group (2017). Top Trends in Aging Services: Healthcare Insights and Outlook 2018. Retrieved from https://www.beckershospitalreview.com/hospital-management-administration/top-trends-in-aging-services-healthcare-insights-and-outlooks-2018.htmlThe article identifies nine trends in 2018 that will continue to radically transform senior care, including evolving ownership models, value-based payment growth, labor shortages, occupancy and demand fluctuations, regulatory pressures, senior living medicalization, and partnership expansion.Iglehart, J. K. (2016). Future of Long-Term Care and the Expanding Role of Medicaid Managed Care. New England Journal Of Medicine, 374(2), 182-187. doi:10.1056/NEJMhpr1510026The article discusses the major issues surrounding long-term services and supports (LTSS) in the U.S.Assisted Living Facilities.org (n.d.). Trends in the Industry. Retrieved from https://www.assistedlivingfacilities.org/resources/trends-in-the-industry/The article discusses the evolving trends in the assisted living industry.The Statistics Portal. (n.d.). U.S. Senior Housing – Statistics & Facts. Retrieved from https://www.statista.com/topics/4817/housing-for-seniors-in-the-us/Medicaid.gov (2016). Long Term Services & Supports.  Retrieved from https://www.medicaid.gov/medicaid/ltss/index.htmlAlliance for Health Policy (2017). Chapter 10 – Long-Term Services and Supports Retried