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GE Healthcare Camden Group Insights Blog

The Patient Experience Report Card: Gauge Your Readiness

Posted by Matthew Smith on Aug 9, 2016 3:06:45 PM

By Jeff Gourdji, Partner, Prophet and Laura Jacobs, MPH, President, GE Healthcare Camden Group

There's probably no organization in the healthcare universe that isn't at least talking about patient experience. But after interviewing hundreds of them, from small providers to massive hospital systems, we've learned that most are still struggling to attain optimal performance. They want to make patients happy, but they are unable or unsure how to achieve consistent results.

They've got legitimate reasons for lagging behind: While they all know patient satisfaction is important, many are in merge-or-die mode, which comes with a host of regulatory scrutiny. More pressing problems, such as controlling the cost of care, are demanding top executives' attention. Almost all hospital CEOs say patient experience is on their radar, making it into the top-10 list of concerns. But it rarely cracks the top three.

Smart organizations know that has to change. As the competitive landscape shifts to a world of mega-systems, patient experience will provide one of the few ways to differentiate, and ultimately succeed.

To understand the state of patient experience, Prophet and GE Healthcare Camden Group conducted intensive research among healthcare executives and created a maturity model based on our findings. We learned that most organizations fall into four broad stages of performance, and there are steps to take to transition from one stage to the next. An honest appraisal of where an organization is now is the only way to get better.

To continue reading this article in its entirety at Becker's Hospital Review, please click the button below for immediate access:

Patient Experience

Topics: Patient Experience, Laura Jacobs, Prophet

Video Overview: The State of Consumer Healthcare

Posted by Matthew Smith on May 10, 2016 1:08:56 PM

An alarming 81 percent of consumers are dissatisfied with their healthcare experience. And the more they interact with it, the less they like it.

The same revolution of consumerism that’s shaking up the way the world buys financial services, airline tickets and groceries is finally underway in healthcare, too. The consumer is in control.

GE Healthcare Camden Group and Prophet have joined forces to assess the current state of patient experience and chart a path forward.

Watch this short animated video to learn about the findings from our study titled, “The State of Consumer Healthcare: A Study of Patient Experience,” and preview our framework and the four primary archetypes that emerged.

To visit our Patient Experience Microsite, click here

To download or stream our Patient Experience webinar, click here

To learn more about how Prophet and GE Healthcare Camden Group can help improve your organization's patient experience, email healthcare@prophet.com.

 

Topics: Video, Patient Experience, Prophet, Patient Experience Study, Healthcare Consumerism

Webinar Now Available On Demand: The State of Consumer Healthcare--A Study of Patient Experience

Posted by Matthew Smith on Apr 4, 2016 11:59:24 AM

If you were unable to attend the Prophet and GE Healthcare Camden Group patient experience webinar this past Wednesday, March 30, the webinar is now available for complimentary streaming and download.

There is a vital change happening in healthcare: People are demanding to be treated as savvy consumers, who deserve choices, convenience and fair prices. The same revolution of consumerism that’s shaking up the way the world buys financial services, airline tickets and groceries is finally underway in healthcare. And as healthcare options multiply, this trend will only accelerate. Providers who are ready to respond by creating a strong patient experience are going to win, and those who aren’t will be left behind.

This webinar discusses the patient experience study which was conducted to understand the consumer healthcare experience by assessing the gap between patient and providers’ expectations and perceptions, and arm institutions with the ability to assess their own organization, define a successful strategy, and deliver on it.

Panelist(s) info: Jeff Gourdji, Paul Schrimpf, Helen Stewart, Laura Jacobs

Duration: 1:12

Recorded: Wednesday, March 30, 2016

To access the webinar, please click the button below.

Webinar, Patient Experience, Patient Satisfaction

Topics: Webinar, Patient Experience, Patient Satisfaction, Prophet

Infographic: Engaging Patients Before Their Appointments

Posted by Matthew Smith on Mar 16, 2016 12:55:23 PM

The importance of preparing patients before their appointments has never been stronger. To show why this growing trend is so valuable to any practice, LeadingReach created an infographic with 7 Reasons To Engage With Patients Before Their Appointments. The infographic provides the ten best examples of pre-appointment information that can be sent to patients to ensure satisfaction and engagement before they even step foot in the door. Take a look and find out why and how to send pre-appointment information to patients.

When it comes to patient engament and satisfaction, healthcare providers are scrambling to adapt to changing government regulations, growing consolidation pressures, and the transformation from volume to value-based care. According to the new study from Prophet and GE Healthcare Camden Group,The State of Consumer Healthcare: A Study of Patient Experience," an alarming 81 percent of consumers are unsatisfied with their healthcare experience.

Join thought leaders from Prophet and GE Healthcare Camden Group for a complimentary webinar addressing the new patient experience study. Learn more about the gap between patient and provider expectations and perceptions, and arm yourself with the ability to assess your own organization, define a successful strategy, and deliver on it.

Date and time: Wednesday, March 30, 2016 | 12:00 pm Central Daylight Time (Chicago, GMT-05:00)

Date and time: Wednesday, March 30, 2016 | 10:00 am Pacific Daylight Time (San Francisco, GMT-07:00)

Date and time: Wednesday, March 30, 2016 | 1:00 pm Eastern Daylight Time (New York, GMT-04:00)

Date and time: Wednesday, March 30, 2016 | 6:00 pm GMT Summer Time (London, GMT+01:00)

Panelist(s) info: Jeff Gourdji, Paul Schrimpf, Helen Stewart

Duration: 1 hour

webinar, patient satisfaction, consumer healthcare


PatientEngagement.png

Topics: Infographic, Patient Communication, Patient Engagement, Webinar, Patient Experience, Patient Satisfaction, Healthcare Quality, Prophet

WEBINAR―The State of Consumer Healthcare: A Study of Patient Experience

Posted by Matthew Smith on Mar 14, 2016 11:45:42 AM

Webinar, Patient experience, Patient SatisfactionPlease join Prophet and GE Healthcare Camden Group for a complimentary webinar on Wednesday, March 30, as we discuss our recent patient experience study. There is a vital change happening in healthcare: people are demanding to be treated as savvy consumers, who deserve choices, convenience, and fair prices.

The same revolution of consumerism that’s shaking up the way the world buys financial services, airline tickets and groceries is finally underway in healthcare. As healthcare options multiply, this trend will only accelerate. Providers who are ready to respond by creating a strong patient experience are going to succeed.

This webinar will discuss the patient experience study which was conducted to understand the consumer healthcare experience by assessing the gap between patient and providers’ expectations and perceptions, and arm institutions with the ability to assess their own organization, define a successful strategy, and deliver on it.

Please join us!

Date and time: Wednesday, March 30, 2016 | 12:00 pm Central Daylight Time (Chicago, GMT-05:00)

Date and time: Wednesday, March 30, 2016 | 10:00 am Pacific Daylight Time (San Francisco, GMT-07:00)

Date and time: Wednesday, March 30, 2016 | 1:00 pm Eastern Daylight Time (New York, GMT-04:00)

Date and time: Wednesday, March 30, 2016 | 6:00 pm GMT Summer Time (London, GMT+01:00)

Panelist(s) info: Jeff Gourdji, Paul Schrimpf, Helen Stewart

Duration: 1 hour

webinar, patient satisfaction, consumer healthcare 

Topics: Webinar, Patient Experience, Patient Satisfaction, Prophet

81% of Consumers are Unsatisfied with their Healthcare Experience, According to a New Study by Prophet and GE Healthcare Camden Group

Posted by Matthew Smith on Mar 8, 2016 11:18:00 AM

As healthcare providers scramble to adapt to changing government regulations, growing consolidation pressures, and the transformation from volume to value-based care, frustration with the patient experience is an increasing concern, according to The State of Consumer Healthcare: A Study of Patient Experience from Prophet and GE Healthcare Camden Group,” which was published today.

According to the study, which was commissioned by Prophet and GE Healthcare Camden Group, as part of their work to better understand and address the challenges of the patient experience, 81% of consumers surveyed indicate they are unsatisfied with their healthcare experience.

Furthermore, the study uncovered an extremely large gap between the experience consumers report receiving and what providers believe they are offering. In fact, the providers surveyed overestimated the overall quality of the experience they give patients by more than 20%.

“There is a misperception among providers about how well they are truly meeting consumer expectations,” said Jeff Gourdji, co-lead of Prophet’s healthcare practice. “Although they acknowledge its importance, providers are finding it challenging to focus on patient experience in the face of so many competing priorities.”

Indeed, the hospital CEOs surveyed said patient satisfaction is not currently among their top five priorities. However, Prophet and GE Healthcare Camden Group suggest that investments toward enhancing the patient experience – if done correctly – will help improve an organization’s operational efficiency and bottom line.

“The priorities of health system leadership and their patients are not in conflict. For both parties, wait time is wasted time,” said Helen Stewart, Managing Principal at GE Healthcare. “The common misperception is that focusing on the patient experience means spending less time on other cost and revenue initiatives – which doesn’t have to be the case. Investments to improve the patient experience can drive both growth and cost reduction.”

Nonetheless, as healthcare systems consolidate and the transformation of payment and care models accelerates, patient experience appears to be getting worse, not better. Between 2013 and 2014, the healthcare industry saw a 14% increase in consolidation, and a 3% decline in patient satisfaction.

“Providers are struggling to adapt to the rising culture of ‘consumerism,’ which has heightened people’s expectations. The power has shifted to the consumer in nearly every industry, and now it’s healthcare’s turn,” said Paul Schrimpf, co-lead of Prophet’s healthcare practice. “As consolidation streamlines the number of healthcare players in a market, the ones left standing and thriving will be the systems that provide a differentiated and exceptional experience for its patrons.”

Most healthcare providers are aware of the need to improve the experience. In fact, 75% of those surveyed believe the patient experience is key to their future success. The critical challenge for most is figuring out how to make meaningful improvements when faced with so many other demands on their time and resources.

To combat this challenge, Prophet and GE Healthcare Camden Group have integrated their expertise in patient experience strategy and operational and change management to create a 360-degree patient experience offering. Together, they are helping healthcare providers develop a holistic patient experience strategy that supports organizational priorities, and successfully implement a data-driven and cost-effective plan that will drive efficiencies and fix experience gaps. The offering is aimed at simultaneously improving the patient experience and impacting the health systems’ key financial targets.

“The results of our study prove that to be successful, healthcare providers need to modernize their approach to patient experience,” said Laura Jacobs, President, GE Healthcare Camden Group. “Creating better and more holistic experiences doesn’t just mean happier patients. It translates to increased capacity, lower operating costs, improved financial performance, and higher employee satisfaction and retention. For healthcare providers, the key to profitability and longevity lies in their ability to deliver a superior consumer experience.”

“The State of Consumer Healthcare” study was conducted jointly by Prophet, a global brand and marketing consultancy, and GE Healthcare Camden Group, one of the nation’s leading healthcare business advisory and activation firms. It incorporates responses from 3,000 consumers and 300 senior leaders (Vice President or higher) at healthcare provider systems that employ at least 20 physicians. More information about the study and its findings can be found at www.prophet.com/patientexperience.

Patient Experience, Study, Patient Satisfaction

Topics: Patient Experience, Patient Satisfaction, Healthcare Quality, Prophet

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