Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City Website Analysis of Competitors (AHMC versus BHI, SLMC & MMC) I. Company’s Background Asian Hospital, Inc. was organized and registered with the Securities and Exchange Commission on December 12, 1994, primarily to operate and manage tertiary hospital and other allied undertakings and services under the trade name Asian Hospital and Medical Center (AHMC), located at Filinvest Corporate City, Alabang, Muntinlupa City. It has a ten-storey facility with 258-hospital bed capacity and an independent seven-storey building for medical offices and clinics, which is situated adjacent to the hospital and linked, to the hospital by a sky bridge, covered walkways and an underground car park. AHI started commercial operations on March 15, 2002. Currently, the Company had a total of 634 employees as of December 31, 2004. Asian Hospital, Inc. has 13 revenue generating departments namely: Radiology, Pathology & Clinical Laboratory, Cardiac Catheterization Laboratory, Heart Station, Pulmonary, Rehabilitation Medicine, Pharmacy, General Nursing Units, Dermatology, Audiology, Critical Care and Emergency Services and Perioperative and Surgical cases. The primary market or catchment areas of the Company are within a 20-kilometer radius or thirty minutes driving time from the hospital. This would include the cities of Muntinlupa, Las Piñas, Parañaque and the northern sections of Cavite and Laguna provinces. The secondary market, with predominantly tertiary care needs will come from areas within one hour or twenty one to fifty kilometers drive from the hospital. The covered areas include Makati, Pasay, Southern Pasig, Taguig, Pateros and the expanded areas of Cavite, Northern Laguna and Batangas provinces. Based on demographics, the primary and secondary market of the Company is males and females, ages 25 to 60 years of old largely from the A, B and broad C income class. 1 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City Asian Hospital, Inc. total revenues have increased by 50.10% from P469.181 million in 2003 to P704.227 million in 2004. The increased in total revenues was brought about the increase in total inpatient admission by 65.45% from 6,121 inpatient admissions in 2003 to 10,127 inpatient admissions in 2004 and also the increase in outpatient visits per day by 75.22% from 90 outpatient visits per day to 155 outpatient visits per day. The Company also implemented a 5% across the board price increase sometime in October 2004 and another 2% increase last December 2004. But despite the soaring increase in total revenues, the Company has continued to incur a net loss of P571.3M and P392.6M for the years ended December 31, 2004 and 2003, respectively due to interest expense on bank loans that the Company has. Last February 2005, Asian Hospital, Inc. has restructured of the Company’s local and foreign loans through the aid of Bumrungrad Hospital Public Company, Ltd. (BHI) of Thailand, a Syndicate of Creditors, representing the IFC and local lenders. In connection with the restructuring of the Company, BHI and other local investors infused funds in the Company. The SEC also approved the restructuring of the Company’s Articles of Incorporation. Currently, the Company is being managed by BHI under Neptune Stroika Holdings, Inc., its Philippine counterpart. 2 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City II. Mission and Vision Statement OUR MISSION To our Client-Partners, the Company shall provide our client-partners with affordable quality healthcare in an environment that promotes total healing. To our Doctor-Partners, the Company shall consciously create for our doctor-partners a work environment that harnesses their fullest potential and stimulates professional advancement and excellence. To our Employee-Partners, the Company will continuously develop and train empowered employees, imbue them with dedication and compassion, ingrain them with positive values and attitudes towards teamwork and innovation, and inspire them to bring out consistently excellent performance, that we may steer them on to better opportunities in life. To our Host-Community, the Company shall support environmental preservation and other socially relevant causes, participate in undertakings that promote the general welfare, and in every way strive to be a good corporate citizen. To our Industry, the Company commits to collaborate with government institutions and fellow tertiary hospitals to ensure growth in the healthcare industry. We strive to continuously provide state-of-the-art technology in healthcare delivery and business processes. To our Shareholders, the Company commits to provide superior return on our shareholder investment, ensure management accountability, integrity and responsiveness to shareholder concerns, and champion democracy. OUR VISION Asian Hospital, Inc. long-term business intent is to be recognized as the leading healthcare service provider in the Philippines and all the markets we serve. 3 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City III. Strategies Total Healing Concept – promotes the core of healing which is CARE. The facilities and services that encourages healing and comfort as well as stimulates the patient’s inner healing process through positive thoughts and emotions derived from the caregiver’s patient-centered philosophy. Patient-Centered Philosophy – leads to a design that respects and caters to the needs of its patients, families and staff. Thus, every space within the facility has been planned according to its use and relationship with other services, with patient comfort and the convenience of the medical staff as the two most important considerations. Open Medical Policy – states that any registered physicians who successfully meet the qualifications set by the hospital without any capital investment or medical bond, can apply for accreditation and openly practice their professions in AHMC. Care Partner Programs – establish a care partner from the family and build an interactive relationship between the family care partner and those responsible for the patient’s care in the hospital to ease the transition of the patient from the hospital to home care; two, provide the family care partner with training and opportunity for hands on support while in the hospital to help meet the physical, emotional and spiritual needs of the patient. Technological Advancement – employing the latest and state-of-the-art medical instruments and equipments in healthcare delivery. The Company also recognizes the optimal use of Internet in providing healthcare service and satisfying the customers. 4 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City IV. Website Analysis a. Websites i. Asian Hospital and Medical Center ii. Bumrungrad Hospital International – Thailand 5 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City iii. Makati Medical Center – Philippines iv. St. Luke’s Medical Center - Philippines 6 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City b. Analysis of Websites Based on the website rating as shown in the Appendix A, B, C and D, which I used to better evaluate and analyze the websites of the mentioned hospitals, Bumrungrad Hospital International got the highest rating among the four (4) hospitals because of the well-crafted design and features of their websites. St. Luke’s Medical Center ranked the second, followed by AHMC and MMC. Based on the design of each websites, I would say that the website navigability of the websites are good. Almost all of the sites offers interactivity and visitors can practically engage in the site. All the sites are aesthetically appealing with good use of graphics and color and are aesthetically courteous. Based on the content of the websites, I would say that the site is properly labeled and resources links are available and included in the site. It contains rich and useful information of the users. Based on the website ratings, AHMC and BHI contents are exceptional and will likely be visited again. For the technical elements of the websites, BHI and SLMC exhibited an exceptional rating for their websites. Furthermore, almost all links and thumbnail graphics of the four websites work and are downloadable. It also provides alternative text page when heavy graphics and frames where used. And users can obtain meaningful information within 30 seconds upon entry to the hospitals’ websites. For the credibility of the websites of the hospitals, contact person, addresses and email addresses are available for the users perusals. However, most of the sites doesn’t announces when the page was last updated. Most of the websites site the name of the host school or institution. 7 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City V. Comparative Chart of the Features WEBSITE ANALYSIS Features Email Address AHMC BHI SLMC MMC www.asianhospital.com www.bumrungrad.com www.stluke.com.ph www.makatimed.com Welcome Note yes yes yes yes Company History Company's Vision, Mission & Guiding Principles yes yes yes yes yes yes yes yes not available yes not available yes Fact Sheet yes yes not available not available Investor's Benefits Investor's Relations (Annual Reports/Corporate Briefs) yes not available not available not available not available yes not available not available Online Stock Subscription Form yes not available not available not available Hospital Accreditation Company's Affiliates Links (Foundations, Medical Schools, etc) yes yes yes yes yes yes yes yes Research Centers Links yes yes yes yes Company's Office Directory yes yes yes yes not available yes not available not available Board of Directors Network of Hospitals 8 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City WEBSITE ANALYSIS Features AHMC BHI SLMC MMC not available yes not available not available Location/Map yes yes yes yes Contact Numbers and Addresses yes yes yes yes Find a Doctor's Search Engine yes yes not available not available General Search Engine yes yes not available not available Doctor's Phone Directory yes yes yes yes Online Pre-Registration yes yes not available not available Press Rooms/News yes yes yes yes Events Calendar not available yes yes yes Patient Feedback yes yes yes yes Site Maps yes yes yes yes not available yes yes not available Picture Gallery yes not available not available not available Medical Membership Form yes yes yes not available Community Relations yes not available not available not available not available yes not available not available Health Informations yes not available not available yes Job Opportunities Posting yes yes not available not available Online Employment Applications yes not available not available not available List of Services and Specialities Recipe Card of Medical Diagnostic and Interventional Procedures (time and process) yes yes yes yes yes yes yes not available List of Clinic Schedules yes yes yes yes Room Rates yes yes not available not available Facilities and Amenities yes yes yes yes Language Selector Frequently Asked Questions (FAQs) Health Magazines Online Subscriptions 9 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City VI. Possible Features to be Adapted In order to optimize a Company’s website, it should feature the following attributes: It should offer something free, it should always upgrade and change contents, it should create traffic by making the website searchable and should always be linked-up. With this given attributes, AHMC’s Website should incorporate the following features: List of Board of Directors – to show the credibility and potential for the sustainability of the Company Investor’s Relations (Annual Reports and Corporate Briefs) – this will show the performance of the Company. Although in the Philippines, corporations do not usually divulge their financial standing and the results of operation to public, it will be useful information for potential investors. Language Selector – this is a value-added service for the international patients who don’t speak well in the English language. AHMC is targeting to market its products and services to foreign market. Events/Calendar – this will give the users updates on the current activities of AHMC such as seminars, government related campaigns and other announcement. Frequently Asked Questions (FAQs) – this will help the users better navigate the site of the AHMC. Health Magazine Online Subscription – as one of the attributes to optimize the website is offering freebies such as this. It will be a marketing tool and valueadded features of the hospital. This will also create traffic in the website. Telemedicine Link – this feature will enable the hospital cater to international market and that would link patient’s from abroad to physician’s here in the Philippines or vice versa. Online Gifts – this feature will be a value-added service to patient’s whose relatives in other places can send gifts and flowers to them online. 3D Locator Map – this will enhance interactivity of the users of the sites. They would not only see the hospital but also will be able to feel the hospital virtually. 10 Ateneo Graduate School of Business Ateneo Professional Schools Building 20 Rockwell Drive, Rockwell Center Makati City Forum/Chatroom – this will serve as a forum for online, real-time inquiries, where patients and visitors can chat with physicians and patient care providers about health inquiries, administrative/medical procedures and other relevant issues. VII. How would this features support the Company’s Mission, Vision and Strategies? The existing features and the recommended features of the AHMC’s website will support the Company’s Mission, Vision and Strategies through the following benefits: It will support the Total Healing Concept of AHMC providing the users online health information, which will be useful for the users in understanding their health conditions and even suggests health preventive measures that would help the users have a total healthy well being. The features, such as the customer feedback and forum, will help the Company determine what areas to improve and what areas to strengthen more that would achieve the highest quality of healthcare services given to patients. The interactive website of AHMC is aligned with the mission statement of the Company. The Partnership concept embedded in the interactive website will make the users feel that they are part of the whole process of healing from the moment they registered until their post-procedure follow-ups. This also provides transparency to clients about the room tariffs, amenities, facilities and how will a certain procedures will be done and how long it will last. VIII. References www.asianhospital.com www.bumrungrad.com www.stluke.com.ph www.makatimed.com 11