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Showing posts with the label Outcomes

Can hospitals adapt to the new market drivers of price, outcomes and experience?

Over the past week there has been a great discussion going on in LinkedIn in the Modern Healthcare discussion group based on a recent blog post in HMM. So for the benefit of everyone here are the questions I was asked, and my response. Why do I think price is important to the healthcare consumer? It really centers on whether or not you believe that healthcare, especially hospitals, are moving into a market that is becoming consumer-centric and dominated. Now dominated in our sense is that the healthcare consumer is becoming more actively involved in the treatment decision making process, and the price/cost side through a variety of mechanisms, whether that is higher co-pays, participating in exchanges, working for an employer that has moved to defend contribution and telling them to figure it out, etc. In the end it results in a greater awareness of the choices they make because it hits them in the pocket. Some people will pay a higher price because they believe that higher price means...

How do you market the big box hospital in an era of reform?

From what I have seen its pretty much the status quo when it comes to hospital marketing. Smiling happy patients, fluffy messaging that are all about you, shiny and dramatic shots of hi-tech equipment, new buildings with assorted other visuals, and copy that leaves one with more questions than answers. Not much really in the way of experience, outcomes or framing of expectations that a healthcare consumer could use to make a reasonable decision about seeking treatment. So given the rapid change and evolution of the healthcare market place, with some wondering if the day of the big box hospital is coming to an end, it is time for hospital marketing to change. Bundled payments, ACOs, public health insurance exchanges, private health insurance exchanges, narrow networks, bartering for care, retail medicine, price competition, massive shifts to outpatient providers not hospital based, etc., and here's the kicker, healthcare consumer directed choice in all of this means that you had bet...

Why not tell your markets how they are changing your delivery of healthcare?

With 2014 close at hand, and the healthcare consumer taking even more control in their healthcare choices in the rapid evolution of healthcare from a provider-dominated, and directed industry to a consumer-driven industry, significant changes need to take place in how we market and do business. Being responsive, outcome transparent, delivering an exceptionally consistent patient experience from first contact through post purchase, you're finding that meeting individual expectations, and needs is never easy. But as many successful healthcare companies will attest, these are no longer nice to have business requirements, but got to have requirements in order to survive. Not everyone will be in an ACO, Patient Medical Home, Medicare or expanded Medicaid program in 2014. You will still need to compete for that individual patient at some level. Bundled payments are not going to change that. In mean really, how much different will your price be from the competition? Healthcare consumers l...

Should outcomes transparency drive healthcare marketing?

In a very enlightening article "How to Stop Hospitals From Killing Us", by Dr. Marty Makary, Wall Street Journal, Saturday, September 22. 2012, writes about the importance of outcomes transparency for hospitals. It's about releasing your outcomes data to patients and others so that they can make informed decisions. It's time for hospital executives to stand up, be counted and stop the equivalent of four, fully loaded jumbo jets crashing each day and killing all aboard like we do in healthcare. This is a topics that is near and dear to me. Well maybe even a soapbox issue, having written about using outcomes dates and being transparent in healthcare marketing for the past couple of years. And I am glad to see a physician stand up and say, it's time for a change. Writing specifically on the types of data and in a dashboard format. I think and have maintain for a while now, that it is time to give the healthcare consumer be it physicians, payers, government, employer...

Is your healthcare marketing evolving?

Living in two worlds is never easy. One side of the healthcare marketing coin is generating demand to put "heads in the beds" for fee-for-service payments. The other is managing demand to keep people out of the hospitals in a value-based payment model. Care delivered in the most cost efficient and effective setting which may not be a hospital or hospital-based outpatient service. Accountability, transparency, price and value are the new expectations. And your time for adapting is running out. By 2016 an inflection point will be reached where value-based healthcare payment passes fee-for-service healthcare. You will be managing demand instead of generating demand. And that is a very different skill set than what most healthcare organizations have today. Here are some ideas about what healthcare organizations need to be doing too live in two worlds. Managing the Patient Experience Patient experience means just that- understanding what that patient experiences is at all touch po...

Should outcomes transparency drive outpatient healthcare marketing?

Is nearly everyone missing the most important piece of the marketing puzzle to generate demand, revenue and market share in outpatient healthcare? Especially with the market competition heating up between hospital owned physicians/ clinics and the private sole practitioners/multi-specialty or single specialty group practices and retail clinics. One area that is greatly lacking in most outpatient healthcare marketing, is an intelligent dialogue on your outcomes with your audiences. Payors', pharma and medical device, have recognized this and are leading in the use of quality and outcomes data to drive decision-making. It is time for the rest of the healthcare industry to catch up. And in my experience, it works, driving demand, volume, revenue and market share. Where is the outcomes and quality data? I maintain that even in this economy, there are healthcare dollars out there. Healthcare consumers willing to spend those dollars, if only that had a compelling reason to do so. With a...

Can Transparency on Outcomes and Quality, Increase Volume, Revenue and Market Share?

Tough economy and getting worse. Hospital volume, scripts and specialty drug orders, flat or down. Little differentiation among competitors in many healthcare verticals. New proposed cuts in Medicare and Medicaid spending. High unemployment with no end in sight. Political gridlock. Healthcare payment models evolving from production payment focused on care delivered, to pay-for-performance based on quality outcomes. Price competition. And finally, a growing empowered healthcare consumer, taking control and playing an active part in the healthcare decision-making process. With all this transpiring, most are taking the same past course of marketing action. Advertise services by making claims of world-class service. "Me too" messaging, attempting to driving volume because we focus all of our efforts and resources around you. (Isn't that what you are supposed to do anyway?) Sales forces all focusing on the same a therapy or drug class in specialty pharmacy which, in most cases...

Why do hospitals use the word world-class, unique etc., in ads when it's debatable?

Hospital and other healthcare leadership seems to be struggling with the concept of an empowered, informed healthcare consumer who is making active decisions regarding treatment and care, instead of relying on the provider of care making the decisions. This is leading to any number of hospitals and others advertising satisfaction rates, awards for care, no wait ERs and other self proclaimed measures or for example, using web site clocks to potential customers that provide real-time ER wait times, etc. Some innovative hospitals have even been cleaver in their ER advertising and other communication channels allowing potential customers to text a message and get the wait time back. Some ads make claims of being the number one in treatment because of the volume of cases. Most ads are agency quality and well done, while some are clearly created in-house and look it too. Misrepresentation of the data But what I am also seeing is misuse and misrepresentation of data related to quality awa...

Making Your Customers, Patients, Staff, Volunteers and Suppliers Heroes

With the rapid evolution of healthcare from a provider-dominated and directed industry, to a consumer- driven industry is forcing changes in how we market and do business. Being responsive, delivering an exceptional and consistent customer experience from first contact through evaluation to use and post purchase, meeting individual expectations and needs is never easy. But as many successful healthcare companies will attest, these are no longer nice to have business requirements, but got to have requirements in order to survive. Treating patients is at the heart of all that you do. Doesn't matter if it's a hospital, long-term care facility, medical device manufacturer, pharmaceutical manufacturer or physician. In one way or another we are seen sometimes as heroes, other times as negligent fools and most of the time as just okay along the treatment path by our consumers. So why then don't we make our customers, who become patients, staff, volunteers and others our heroes? I...

Healthcare Advertising in a Consumer-Driven Market

I have been thinking about this topic for awhile now. And it does fit into what I have been writing about in Customer Experience Management . Hospital and other healthcare leadership seem to be struggling with the concept of an empowered, informed healthcare consumer who is making active decisions regarding treatment and care, instead of relying on the provider of care making the decisions. This is leading to any number of hospitals and others advertising outcomes, satisfaction rates, awards for care, no wait ERs and other self proclaimed measures and for example, using web site clocks that provide real-time ER wait times, etc. Some innovative hospitals have even been cleaver in their ER advertising and other communication channels allowing customers to text a message and get the wait time back. Some ads make claims of being the number one in treatment because of the volume of cases. Some support the brand and brand promise very clearly. Others leave much to be desired. M...

Marketing Accountable Care Organizations

Entering the new world of healthcare where quality and accountability are drivers to reduce cost, how do you market an Accountable Care Organization (ACO )? Especially as healthcare providers, namely doctors and hospitals, must compete on outcome transparency, quality and cost. A triple threat and uncharted territory. Outcomes data will be the driver and available to the consumer to make an informed choice. A monumental shift in the market place of who controls the information. Anybody seen the new United Health commercials? They are already touting call us, we can send you to the best doctors. Anywhere in the country. Organizations that control the data, control the market and control the price. So for those doctors and hospitals looking at ACOs , better get your track shoes on. The big insurers are already moving forward with physician groups and pilot programs to test the concept. In the end, I believe that insurers will control ACOs by the simple fact that they have the data. The...