Understanding What Drives Patient Experience Economics

August 3, 2017By Matthew CavalloRegulatory Reform

The reason that organizations with high patient loyalty outgrow their competitors is because loyalty is a learned behavior and not just a mindset. In working with our clients, we have found that successful organizations share four common loyalty behaviors. There are four loyalty behaviors that drive growth for healthcare organizations: Four Loyalty Behaviors that Drive … Read More

3 Major Factors Contributing to the Consumerization of Healthcare – Part 2

June 27, 2017By Gautam MahtaniConsumerism in Healthcare

Recently we explored pricing transparency as one of the three major factors contributing to the consumerization of healthcare. This week will explore how government regulations are becoming another major driving force.Government regulations are affecting the reimbursement of healthcare organizations. The Hospital Value-Based Purchasing (VBP) Program is a Centers for Medicare & Medicaid Services (CMS) initiative … Read More

3 Major Factors Contributing to the Consumerization of Healthcare – Part 1

May 30, 2017By Gautam MahtaniConsumerism in Healthcare

Anytime consumerization hits an industry, the power shifts from the service providers to their customers. We’ve seen it happen over and over in multiple industries most recently transportation by Uber and travel accommodations by Airbnb.And now it is the perfect storm of (1) patient access to pricing data combined with (2) government regulations combined with … Read More