The Power of the Patient

Dec 14, 2016 at 10:43 am by Staff


By ELAINE VAIL

In the not-so-distant past, patients looked to their doctors and healthcare professionals as experts. There were rarely, if ever, questions like, "How much with this procedure cost?" or "Is that treatment really necessary?" Doctors were elite and privy to knowledge only they had access to. Doctors were respected and patients took their word as gospel. But, those days are gone. Why is that?

The healthcare industry is now driven by consumerism and the growing "power of the patient." In this age of technology, patients can find out anything they want to know about you and your competitors without ever contacting you. Many times, they make the decision to consult with you or not before you even know you're in the running. Most everyone in America today is constantly connected to Internet devices and wearable technology, giving them instant access to every imaginable piece of medical information available. They've become their own experts and only turn to the professional when matters get out of hand.

The only way to keep your vitals steady in this rapidly changing industry is to understand that patients are consumers who are shopping for good service at a competitive price. They're looking for low cost without sacrificing quality, state-of-the-art facilities, convenience & simplicity, and fast service. With out-of-pocket expense on the rise and the new normal set at high deductibles and copays, medical debt is the number one cause of bankruptcy today. With instant access to information all over the world, buyers are under intense emotional pressure to not making buying mistakes. Choosing a service provider is often an emotional decision rather than a logical one. Improving patient experience without increasing cost is critical to the future success of health care institutions everywhere.

So, how is it done? How can your treatment center or office differentiate in this highly competitive and ever-changing industry?

Consider some of these tips to set yourself apart:

Is marketing the real solution to this wave of healthcare industry transformation? The fact is that a patient is a consumer shopping for a product, and your product is top-notch healthcare services. And according to Rx MD Marketing Solutions, healthcare professionals who actively engage in marketing increase their annual revenues by 20-30 percent. The overall health of your facility or office depends on your ability to understand the power of the patient.

Elaine Vail is a marketing solutions consultant at PIP Printing, Signs & Marketing and focuses on helping companies throughout Florida and across the country to grow their businesses. She is also a member of the Lake Nona Regional Chamber of Commerce in Central Florida.

Sections: Clinical