Mayo Clinic in Minnesota SWOT Analysis Research Paper

Mayo Clinic in Minnesota SWOT Analysis - Research Paper Example It has been apparently viewed that the core values of the clinic are patient care, education, and research. Especially mentioning, the clinic is recognized as one of the best hospitals operating in the United States of America (US) (Mayo Clinic, 2012). The research paper intends to discuss the demographic information of Minnesota, on which Mayo Clinic is situated and will also reveal a SWOT analysis. Moreover, the research would also focus on identifying the stakeholders and determining the strategies for gaining the commitment of the clinic towards delivering quality healthcare service to the patients. Besides, a viable solution towards providing care to all people, while making the hospital profitable will also be depicted in the research paper. Minnesota is a state of the US and it is located in the bank of Zumbro River. The population of the state is around 5,379,139. The population of the state comprises mostly of white people. The population also entail Black or African American and Asian among other racial groups. Additionally, the state mainly comprises Non-Hispanic and Latino groups. The people residing in the state are mainly households or families. The poverty rate in the state can be noted as quite low due to the existence of numerous industries, is the healthcare industry to be a potential one (United States Census Bureau, 2012). Mayo Clinic is recognized to be a leading employer in the respective field, aiding in improving the employment rate of the state by a certain degree. Moreover, the presence of the clinic has assisted towards developing the economic conditions of the state through raising the profitability of the restaurants, hotels along with the retail stores due to an increased level of patients visit t he clinic with diverse health problems (Advameg, Inc., 2009).