Building the Specific Consumer Front Door, Efficiencies in Focus
December, 2023
Post pandemic consumer habits have shifted health expectations, presenting multi-million dollar growth opportunities for those who understand evolving wants. Product, payer and service companies have unlocked significant business impact across industries. Including a product firm finding $20M value with positioning financial transparency that would attract and retain business, a provider system opening 4 adjacent markets likely to gain $10M+/year with only a fraction of share gain, and a payer accelerated 2X margin with updated service standards.
Considerations:
How well are your teams armed about knowing who they are serving?
Where are the friction points at which patients defect?
What are the minimum viable requirements for retention?
“Why Consumer Innovation Matters Right Now” on Healthcare Rap