HealthNovember 12, 2024

Differentiating with content: How tech companies can deliver value for healthcare leaders

For digital technology companies, understanding the different priorities of providers and payers is key to providing unique, valuable digital health solutions.

The new era of hybrid care

Healthcare leaders agree that recent telehealth closures signal wider trends in the market. To establish resilient telehealth and virtual care programs, digital technology vendors need to differentiate themselves, provide personalized patient experiences, and deliver value in a scalable and sustainable way.

With both payers and providers, it’s crucial to understand the healthcare buying committee and their specific interests:

  • Clinical users and buyers focus on ease of use, contribution to or treatment of healthcare worker burnout, and patient access.
  • Technology leaders care about ease of implementation along with security and risk, and tend to juggle multiple priorities across a small team.
  • Financial and business leaders need to understand ROI. The industry shifts have led to revenue uncertainties, and they are also looking for ESG efforts for cost savings and environmental efficiencies.

While there are clear differences between the two audiences, they share similar goals: improving health outcomes and finding efficiencies for staff and workflows.

Understanding provider priorities for digital solutions

For health systems, digital solutions—whether telehealth, decision support, remote monitoring, or engagement—will always be measured against the outcomes they drive for patient health. Many providers continue to face budget challenges and staff burnout in the wake of the COVID-19 pandemic, so any digital solution must demonstrate an ability to adapt to the needs of clinicians and staff and to easily integrate into the workflow.

Regarding content solutions for patients, the authority of the information is paramount. Misinformation in the digital age has overwhelmed patients, and they have a hard time trusting the information they find. Solutions need to be trusted and evidence-based and ideally aligned to the clinical information the care teams themselves use.

When pitching digital solutions to providers, demonstrating how solutions can deliver value along a spectrum can be attractive to buyers. Telling the story of a flexible solution that meets patients’ needs can enable vendors to be more consultative. The value spectrum can be:

  • No-code and low-code options - Launching with value in the short term and building out workflow integrations over time
  • Configurable not custom - Balance flexible workflow integrations configurable for roles while not being endlessly customizable
  • Scalability for stickiness - Automation delivers value at scale and increases customer satisfaction, while making solutions stickier

Identifying a unique healthcare solution story

To be successful, digital vendors should identify which of these areas—likely two or more—the prospective buying committee is responsible for guaranteeing. Appealing to these value areas can help tell a successful and unique story on how digital tech can make an impact on their workflow.

Watch The Webinar On Differentiating For Providers

Understanding how digital solutions can appeal to payers

Like many across the healthcare ecosystem, payers are feeling the impacts of changes to the industry. Drugs and therapies are becoming more complex and expensive, new care models are emerging, and evolving legislation is focusing on outcomes rather than volume. To meet these, payers can benefit from having a digital technology partner to improve and scale relationships with members.

The three top factors payers consider when evaluating a new digital health vendor:

  1. Managing risk and costs, such as legislative changes, inflation, and an aging population
  2. Changing and growing expectations from members and customers for experience, accessibility, DEI, access, and more
  3. Growing emphasis on security risks to Protected Health Information (PHI) and data sharing

Digital tech companies can also leverage member health content to support care management strategies. According to McKinsey, payers are unable to engage the vast majority of members identified for care management, leaving 90% of value or more on the table. Helping them reach those audiences through member engagement and education programs can provide a strategic, scalable opportunity that provides ROI.

But to do this successfully, digital engagement programs need to be accessible, culturally tailored, and with multi-channel offerings to best reach populations. Payers are also exploring personalization, so content needs to be easily personalized to support engagement. Personalization can include:

  • Gender, age, and preferred languages
  • Representation and cultural considerations
  • Previous health issues, conditions, and medications
  • Potential risk areas
  • Communication in mediums tailored to members’ preferences
Watch The Webinar On Differentiating For Payers

Digital health to engage patients and members for more holistic care

One way digital tech companies can appeal to both groups and create resilient, sticky strategies is to support whole-person care and help customers deepen relationships with patients and members through omnichannel delivery.

For both audiences, helping them engage and educate their patients and members toward better outcomes is a major goal. Better outcomes lead to reduced costs, reduced readmission rates, better scores, and relieved clinical staffing pressures. Providing this health information in the method patients prefer—whether it’s through a portal, text messages, email, and more—can empower and equip them to take more ownership of their health. When patients are engaged in their own care journey, healthcare systems can focus on the most critical or complex patient needs or help members with chronic conditions.

Cohesion with trusted patient education and clinician references

Ensuring payers and providers trust the content they’re providing patients and members is essential. Empathetic health education content in plain language that is aligned with provider clinical insights can deepen trust in the solution and keep recommendations consistent from a clinic to the home.

For payers, providing educational information that’s aligned with content used by millions of clinicians can help streamline friction and help them become an extended part of the care ecosystem. Digital technology can help strengthen the relationship between payers and their members by providing accessible, dynamic health content that can be personalized for specific populations and demographics.

Watch The Webinar On Empowering Patients

As digital tech companies seek partnerships with providers and payers, emphasizing value for outcomes and scalability for staff will be key to success. With the right content solutions to engage patients and members, tech organizations can appeal to the diverse needs of the buying committee and unlock value from Day One.

Learn About UpToDate Digital Architect
Solution Thought Leader at Wolters Kluwer, Health
Matt Sullivan is a solution thought leader at Wolters Kluwer, Health, specializing in new product innovation with emphasis on virtual care and digital health solutions.
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