Influencing Hospital Choice at Key Moments, Understanding the Patient's Decision Matrix

Image by PixxlTeufel from Pixabay As the provider market for the patient and physician continues to consolidate through merger, acquisition, liquidation, or disintermediation, there is one clear outcome due to the lasting effects of the SARS-CoV-2 pandemic. Fewer providers mean heightened competition within hospitals or health systems in a bid to stay atop the food chain. But with the patient's realization that they need a hospital for only three things, emergency care, intensive care, and care for complex acute medical conditions, patients are more in control with their physician of the selection process. To become the patient's choice for healthcare, successful providers will recognize that understanding the patient’s selection decision matrix is the new way of marketing and how it impacts growth. Patient Decision Matrix In this environment, providers are already losing meaningful differentiation. Marketing campaigns with fluff messaging about caring, facilities, or q...