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What does the healthcare consumer value

Vizient Multimedia

Created on May 29, 2024

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Transcript

80% will switch brands due to poor customer experience

Top-of-mind considerations:

  • Customer mentality
  • Personal well-being + health needs prioritized
  • Courtesy, respect, viewed as a person

Sources: CPI = Consumer Price Index. Sources: Becker’s Hospital Review. Consumerism in healthcare: how to offer better patient experiences, boost your bottom line and achieve better outcomes. August 9, 2022; Pew Research Center. Mobile fact sheet. Surveys of US adults conducted 2002–2021, 2013–2021. April 7, 2021; Prasad A. Physician marketing in the age of healthcare consumerism. Forbes. October 25, 2022; The Beryl Institute. The Beryl Institute-Ipsos-PX Pulse: Consumer Perspectives on Patient Experience in the US. November 2022; US Bureau of Labor Statistics. Consumer Price Index: 2022 in review. Accessed January 2023; Gamble M. Deferred care, inflation fuel mounting cost pressure for Americans’ healthcare. Becker’s CFO Report. June 15, 2022; Becker’s Hospital Review. Impact of inflation and other economic pressures: how consumers and patients respond. January 13, 2023; Sg2 Analysis, 2023.

Nearly 2 in 3 expect quick resolution to healthcare needs

Top-of-mind considerations:

  • Money and time as currencies
  • Self-service mentality
  • Convenience—location, digital booking, on their watch

86% are comfortable managing healthcare needs via technology

Top-of-mind considerations:

  • Mobile optimized; mirror retail
  • Must-haves: online booking, check-in, bill pay
  • Online physician reviews and search

Healthcare costs are up 4-8% across the board

Top-of-mind considerations:

  • Out-of-pocket health costs
  • Affordable insurance
  • Health insurance premiums

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