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Factors Affecting The Health Care Market

Factors Affecting the Health Care Market By: Steve Hebel

Anyone that has ever been in a doctor’s office or hospital can plainly see that it is a very paper intensive environment as well as a very labor intensive environment from a document prospective.  Listed are some current issues pertaining to heath care records management.

1)      Currently 31 cents of every dollar in health care is spent on administrative costs.

2)      It is easy to lose or misplace paper files; it’s estimated that doctors see patients with incomplete data 40% of the time

3)      It is tremendously time consuming to maintain paper documents

4)      Currently over 90% of patient data is still stored on paper

Big changes are on the horizon throughout the medical field.  Changes that will affect everyone from hospitals to pharmacies to dentists to Insurance providers and everyone in between.

Currently the health care industry is regulated by the Health Insurance Portability and Accountability Act (HIPPA).  This act states that patients have the right to their files for up to 6 years along with this they also have the right to know who has had access to their records and why they looked at the records.

In addition to this former Senator Edward Kennedy has introduced a new law which is being referred to as the Health Care Quality Modernization, Cost Reduction and Quality Improvement Act.   If this law is approved it will require all U.S patient records to be kept in an electronic format and this will have to be accomplished by December 31, 2010. Time is running out as we speak.

So, you think it’s just a copier or just a printer?

The copier and printer industry has implemented very specific devices and software programs,which are designed for use in the health care sector.  Here is a list of what these machines are currently being used for:

1)      Data Storage by leveraging the internet

2)      Fast access to records, retrieval and distribution of patient information

3)      Control and track patient privacy

4)      To produce accurate audit trails

5)       To help accelerate the business process

Return on investment? Yes, please!

1)      Cut cost on printing and copying by going paperless

2)      Reduce physical storage space and cost

3)      Reduce staff requirements or have better appropriation of time and assets

4)      Comply with green initiatives

With the use of proper technology in your printing and copying environment you would be able to manage patient information effectively, ensure privacy as well as physical protection of records.

Source by Susan

Medical Marketing 101 – How to Get More Patients and Increase Profits

Perhaps you became a doctor because you love to help people or because you have a passion for medicine.  No matter what brought you to become a doctor, you have to face the fact that patients equal profits.  Many doctors are reluctant about marketing their practice but it is essential if you want to grow your practice and attract new patients.

Many doctors mistakenly believe that if you are busy as a doctor, it is because you are a good at what you do.  That may be the case sometimes but the majority of doctors who maintain busy schedules also have an effective marketing plan.  There is a stigma attached to medical marketing but if you want to stay busy and avoid the dreaded famines that follow feasts, you need to get more patients through marketing your practice.

Why All Doctors Should Market

All doctors should market and promote their practice because no matter how great of a doctor you are, no one will know you exist unless you promote yourself.  Contrary to popular belief,medical marketing is not always about having a huge advertising budget and placing expensive ads.  There are several low-cost methods of marketing that doctors can use to match their practice with their patients’ needs.

Medical Marketing Basics

Many times doctors forge personal connections with their patients and thus attract new patients based on word-of-mouth.  Current patients are an important resource when it comes to marketing your practice.  Your patients already have trust in you so you can ask them for referrals, follow up with them, and encourage them to spread the word about your practice.  Ensuring that you give each and every one of your patients a great experience is important if you want to cultivate strong relationships with them and increase patient loyalty.

Many doctors feel uncomfortable about asking their patients for referrals but it is necessary if you want to increase your clientele.  Patients often tend to think that a doctor is too busy to take new patients and doesn’t really think of referring their doctor to friends and family in most instances.  In order to encourage people to make referrals, take the time to provide them with the best service possible.  Treat them as individuals, not numbers.  Smile at them, make the billing process easier for them, and do whatever you can to make them have a great experience in your practice.  This type of medical marketing is known as “internal marketing.”  Essentially, every time a patient comes into contact with your practice, you are marketing.

Points in Your Practice to Review

In order to determine in which areas your practice needs work when it comes to marketing, here are some points to review.

Find Your Identity – How would you describe your practice in five adjectives?  What kinds of services does your practice offer?  How does your practice stand out from the pack?  Answer these questions and then meet with your staff to ensure that you are living up to your proposed identity.  If you want to come across as a friendly practice, you need to be sure that your staff members are smiley and friendly with patients.

Improve Your Workspace – Take a look at your practice as if you were a patient.  Is it easy to navigate? Is the atmosphere pleasant?  Does it take long to get in and out?  Make sure the experience of being in your practice is as pleasant as possible and work on areas that need improvement.

Live Up to Your Price Tag – How much do you charge for your services in comparison to other doctors in the local area?  Make sure your prices are appropriate for the services you offer and the market you are targeting.  Don’t go too high or too low.

Market Consistently – Whether you rely solely on internal marketing or you are doing external marketing in addition, make sure your marketing efforts are consistent and professional.  Even a little effort can make a huge difference down the line, whether you are ready to embrace traditional marketing methods or not.

Good Promotion, Good Product

If you are a doctor and want to stay ahead of your game, you need to start planning your medical marketing strategy now.  As the market becomes increasingly competitive, it is more important than ever to boost your marketing strategy so you can stand out from the crowd.

Source by Alex White

The advantages and disadvantage of Online Marketing

Online Marketing refers to marketing of your product or service over the internet. Online Marketing allows you to promote your products and services online at a fraction of the cost of traditional advertising.

Online Marketing involves creation of a strategy suitable to your websiste to promote your business online. It binds together creative and technical aspects of the internet including design, development, advertisement and sale.

Online Marketing involves different business models. One is direct selling to buyer, another by generating leads to websites and even a model called affiliate marketing in which product is developed by one person and sold by another with an arrangement for profit sharing.

Some of the methods of Online Marketing are:

  • Banner placement
  • Internet search engine placement
  • Search engine optimization
  • E-mail newsletters
  • Link building
  • Article submission
  • Affiliate  Marketing
  • Online direct selling
  • Pay per click advertising
  • Online Public Relations

Online Marketing is the buzz word today. It has many advantages.

  • One to one approach-The targeted consumer is browsing alone so the promotional message reaches him personally. This is used in search engine  Marketing where  advertisements are based on search engine results.
  • Cater to specific interests-Online Marketing and geo-marketing  is a  form of  Marketing that appeals to specific interests and  tastes rather than a broad demographic. Online marketers can cater to markets segmented according to age, gender, geography and other general factors by advertising in specific websites.
  • Geo- marketing: One can deliver different content according to geographical location, IP address, ISP of the customer.
  • Different content by choice- The consumer can exercise his or her choice of information
  • Relatively inexpensive- Online Marketing  costs minimum compared to other media like print and TV. There is no need to spend on physical premises. It involves  a fraction of the traditional advertising budget.
  • Global business- At the click of a mouse, reach out to a global audience
  • Measuring statistics is easy-Nearly all aspects of online Marketing program can be traced, measured and tested. Advertisers can use  a variety of means like Pay per impression, Pay per click, pay per play or pay per action.
  • Accountability- Online Marketing vests advertisers with a greater degree of accountability.

In spite of these advantages not all businesses are  online oriented because of the following disadvantages:

You could get involved in illegal or unethical practices like spamming. Another disadvantage is that sometime business is such that it requires a physical demonstration and needs to be tangible to the consumer. Or you might be targeting a consumer who is not computer savvy. Also, many customers will not be comfortable doing online transactions with their credit card.

But Online Marketing is a hot and happening idea. Most customers  browse the Internet to find what they need before they  visit a store. Out of all local business searches, 86% of users  follow up their search with a phone call or a visit to the store. Of those, 61% end up making a purchase. Hence the importance of Online Marketing.

Source by Fiona Livnat

CULTURAL & ENVIRONMENTAL INFLUENCES ON CONSUMER

CULTURAL & ENVIRONMENTAL INFLUENCES ON CONSUMER

BEHAVIOUR

Introduction

Everybody in this world is a consumer. Everyday of our life we are buying and consuming an incredible variety of goods and services. However, we all have different tastes, likes and dislikes and adopt different behaviour patterns while making purchase decisions. Many factors affect how we, as individuals and as societies, live, buy, and consume. External influences such as culture, ethnicity, and social class influence how individual consumers buy and use products, and help explain how groups of consumers behave. The study of culture encompasses all aspects of a society such as its religion, knowledge, language, laws, customs, traditions, music, art, technology, work patterns, products, etc. Culture is an extremely critical and all pervasive influence in our life.

Objectives

  • Define culture
  • Identify the various influences on culture
  • Describe sub-cultures and its influences

CULTURE – Meaning

For the purpose of studying consumer behaviour, culture can be defined as the sum total of learned beliefs, values and customs that serve to guide and direct the consumer behaviour of all members of that society. Howard and Sheth have defined culture as “A selective, manmade way of responding to experience, a set of behavioral pattern”. Thus, culture consists of traditional ideas and in particular the values, which are attached to these ideas. It includes knowledge, belief, art, morale, law, customs and all other habits acquired by man as a member of society. An accepted concept about culture is that includes a set of learned beliefs, values, attitudes, habits and forms of behaviour that are shared by a society and are transmitted from generation to generation within that society.

Culture is learned through the following three ways:

1. Formal learning: parents and elders teach children the proper way to behave. For instance, you have been taught that you need to study to be successful and happy in life. This learning may influence your response both as a student and individual towards education.

2. Informal learning: we learn by imitating the behaviour of our parents, friends, or by watching TV and film actors in action

3. Technical learning: instructions are given about the specific method by which certain things to done such as painting, dancing, singing etc.

Characteristics of Culture

?Culture is learned.

?Culture regulates society –Norms, standards of behaviour, rewards and punishments.

?Culture makes life more efficient

?All members follow same norms.

?Culture is adaptive.

?Culture is environmental.

?Multiple cultures are nested hierarchically.

Culture also determines what is acceptable with product advertising. Culture determines what people wear, eat, reside and travel. Cultural values in India are good health, education, respect for age and seniority. But in our culture today, time scarcity is a growing problem, which implies a change in meals. Some changes in our culture:

1. Convenience: as more and more women are joining the work force there is an increasing demand for products that help lighten and relieve the daily household chores, and make life more convenient. This is reflected in the soaring sale of Washing machines, microwaves, Pressure cookers, Mixergrinders, food processors, frozen food etc.

2. Education: People in our society today wish to acquire relevant education and skills that would help improve their career prospects. This is evident from the fact that so many professional, career oriented educational centers are coming up, and still they cannot seem to meet the demand. As a specific instance count the number of institutions offering courses and training in computers that has opened in your city.

3. Physical appearance: Today, physical fitness, good health and smart appearance are on premium today. Slimming centers and beauty parlours are mushrooming in all major cities of the country. Cosmetics for both women and men are being sold in increasing numbers. Even exclusive shops are retailing designer clothes.

4. Materialism: There is a very definite shift in the people’s cultural value from spiritualism towards materialism. We are spending more money than ever before on acquiring products such as air-conditioners, cars CD players etc, which adds to our physical comfort as well as status.

Types of Culture

? ?National culture

o The culture prevalent in a nation, common to everyone

??Popular culture

o The culture of the masses with norms of mass appeal

?? Subculture

o The culture of a group within the larger society

o Group identification based on nationality of origin, race, region, age, religion, gender,  etc.

?? Corporate culture

o The company’s values, rituals, customs, myths and heroes

Hofstede’s five Dimensions of Culture

Culture has a profound impact on the way consumers perceive themselves, products they  buy and use, purchasing processes, and the organizations from which they purchase. Marketers, however, are giving more attention, to understanding macro cultures and how they affect consumer behavior. Hofstede found five dimensions of culture that are common among 66 countries. These dimensions serve as a foundation for characterizing, comparing and contrasting specific national cultures, and they are helpful in identifying

environmentally sensitive segments of the market.

CULTURAL INFLUENCES

Culture is that complex whole which includes knowledge, belief, art, law, morals, customs and any other capabilities and habits acquired by humans as members of society.

Culture influences the pattern of living, of consumption, of decision- making by individuals. Culture is acquired. It can be acquired from the family, from the region or from all that has been around us while we were growing up and learning the ways of the world. Culture forms a boundary within which an individual thinks and acts. When one thinks and acts beyond these boundaries, he is adopting a cross-cultural behaviour and there are cross-cultural influences as well.

The nature of cultural influences is such that we are seldom aware of them. One feels, behaves, and thinks like the other members of the same culture. It is all pervasive and is present everywhere. Material culture influences technology and how it brings cultural changes like use of telephones, mobile phones, clothing styles and fashions, gives the marketers a chance to improve the product, packing, etc. to meet the needs of the customers. Norms are the boundaries that culture sets on the behaviour. Norms are derived from cultural values, which are widely told beliefs that specify what is desirable

and what is not. Most individuals obey norms because it is natural to obey them. Culture outlines many business norms, family norms, behaviour norms, etc. How we greet people, how close one should stand to others while conducting business, the dress we wear and any other patterns of behaviour. Culture keeps changing slowly over time; and is not static. Changes take place due to rapid technologies. In case of emergency, war, or natural calamities, marketers and managers must understand the existing culture as well as the changing culture and culture of the country where the goods are to be marketed. Major companies have adapted themselves to international culture and are accepted globally. Coca Cola is sold allover the world. Procter & Gamble and other companies give cross-cultural training to their employees. By making cross-cultural mistakes, many companies have difficulty in pushing their products for example,

(i) Coca Cola had to withdraw its 2 litres bottle from Spain, because it did not fit in the local refrigerator; (ii) Many countries are very traditional and do not like women displayed on the products. This acts as a detriment to business in those countries.

SUBCULTURES AND CONSUMER BEHAVIOUR

Culture can be divided into subcultures. A subculture is an identifiable distinct, cultural group, which, while following the dominant cultural values of the overall society also has its own belief, values and customs that set them apart from other members of the same society.

 R.yuvarni
M.phil scholar,
Department of Commerce,
Periyar University, Salem-11

Source by R.Yuvarani

Hiring A Greenville SEO Provider For Your Online Marketing

For owners of businesses, having a website makes it important to make use of SEO for the success of the online presence of the business. It could be that you have developed your website from the leading website designer, but without web traffic visiting your website, the whole effort falls flat on its face. And the mere presence of traffic makes little meaning unless it is targeted traffic that visits your website. However, getting quality Greenville SEO services ensure that relevant web traffic is available to your website consistently. This article discusses how to distinguish a good SEO provider from a bad one.

There are 6 important considerations that one should be aware of at the time of hiring an SEO provider. These are:

1) One should consider the process of hiring an SEO provider as an investment in their business. SEO services should be considered as a business strategy to enhance the online business presence effectively within the business domain. When hiring, consider the process as hiring an employee with a good understanding of your business and the objectives of your online presence.

2) Ranking on the first page of search engine results (especially, Google) is everything that matters. People hardly ever visit the second page of search ranking results. This means, it is the first page that should be aimed to achieve through SEO. And it is the top positions on the first page that really matters, getting the most clicks, and decreasing with downward progression.

3) If it is possible to be on the first page with smaller keywords, then it makes sense to try for these keywords, instead of targeting the bigger keywords and unable to be on the first page. It is only good SEO provider who will do research of the different keywords related to your business and comes up with few that could realistically come in the first page and also find keywords having sufficient search volume to help your business rank high in search results.

4) All activities on SEO are aimed to beat the competition. Simply following certain things is not a guarantee that your website will rank on the first page of Google. A good SEO provider will make a thorough research of your online competitors for all the individual keywords, and it is after that, they would implement strategies as required according to point three above.

5) On-page and Off-page SEO. SEO is a complex science and it would do well to understand two main types at the time of interviewing an SEO provider. These are On-page and Off-page SEO. On-page SEO includes factors that deal with SEO (like keywords, page headings, internal links, usability, outbound links, etc.). Off-page SEO considers items that are outside the ambit of the website, but which affect the rankings of the website, like citations, backlinks, social sharing, etc. Although on-page SEO needs to be dealt with by you, but the recommendations that the SEO provider provides need to be incorporated, and that includes getting your web designer do the required adjustments.

6) It must be noted that getting a good ranking on the first page of the search result does not relate to increase in potential traffic and sales. All that could be achieved through SEO is to get your website, Google Places, articles, blogs, videos, etc. to get higher rankings. The SEO provider cannot ensure that the traffic to your website will convert into sales. It is only with good marketing that you convert this extra traffic into sales and it falls in the business marketing consultant domain.

The main differences between a ‘Good’ and ‘Bad’ SEO experts are:

Good SEO Providers

Any good Greenville SEO provider will try to build solid groundwork and should have proper SEO plan for the business website, and do extensive initial keyword research as well as research on the competitors. Even if the client does not find it worth going for, the SEO provider will insist upon it. The whole job of keyword research and selection is a lengthy process and includes a good amount of investigation. It is the responsible SEO methods that are the hallmark of Good SEO work. Items that they do include giving more attention to on-page SEO, improving citations, securing quality backlinks, provide a good user experience, aiding social sharing, etc.

Bad SEO Providers

Bad SEO providers are often found to take client’s money before starting their work. Instead of doing proper keyword research, they might ask such questions like, “Provide three keywords for your business needs and the URL that needs SEO work”. These bad SEO providers often use link farms, spam blog comments, and other means and get irrelevant back links all across the internet.

SEO and web design: Ensure that the website of your company reflects the ethics of your company and personifies the ethos as well. After all, it is your company’s website and you definitely want to put your product and services on display.  The better the quality of your SEO of your website, the smoother will be the user experience.

Source by palmettosoft