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How Consumer Segmentation Can Help You Reach a New Patient Base
From The Buxton Co Who makes up your patient base today? Many healthcare providers can answer that question in terms of demographics and payer types. Some can even answer it based on consumer segmentation, which provides a deeper look into the lifestyles of patients to identify key cohorts. But perhaps a more important question is this: does your current patient base reflect the one you want to have in the future? There are many reasons why healthcare providers may be interested in pursuing an expanded patient base. For non‑profit organizations, there is no mission without margin, so seeking certain patient types can help to offset the costs associated with serving those in need. Other organizations may be interested in expanding into new service lines to diversify and grow market share. Still others may be interested in expanding into new geographic markets with different consumer mixes. Regardless of the reason, pursuing a new type of patient can be a daunting task, but fortunately, consumer segmentation can help. Many healthcare providers mistakenly believe that consumer segmentation can only be used to analyze current patients. The reality is that consumer segmentation can be used define a goal patient base, determine where consumers with those characteristics are located, and provide further insights to guide strategies designed to reach those patients. Here’s how it works.
1. Define the Goal
2. Use Consumer Segmentation to Develop a Goal Patient Profile
3. Identify Pockets of Opportunity
4. Use the Goal Profile Characteristics to Inform Strategy
The Bottom Line
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