commercial strategy in practice management

22
COMMERCIAL STRATEGY IN MODERN PRACTICE MANAGEMENT.

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Page 1: Commercial Strategy In Practice Management

COMMERCIAL STRATEGY IN MODERN PRACTICE

MANAGEMENT.

Page 2: Commercial Strategy In Practice Management

WHAT IS YOUR COMMERCIAL STRATEGY?

How will you achieve it?

2007 2008 2009 2010 20110

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Growth

Growth

Page 3: Commercial Strategy In Practice Management

LONG TERM COMMERCIAL STRATEGY

• To Succeed

• To Grow

• To Gain More Market Share

• To Retain Patients

• To Encourage Referral

• To Capture New Patients

What About

• Growing The Available Market

• Increasing Profession Efficacy Acceptance

• Increasing Profession Perception

Page 4: Commercial Strategy In Practice Management

These are concepts you need to think

aboutThese are concepts that may have a huge effect

on your business moving forward

Page 5: Commercial Strategy In Practice Management

Your Future Lies In Your Existing Patients

Your existing Patients hold the key to your business’s financial health

Patient Retention & Patient Referral Strategies Are The Cheapest Manner

Available To Solidify And Increase Your Market Share

These Strategies Will Also Grow The Available Market Through Increase Of

Efficacy Perception

Page 6: Commercial Strategy In Practice Management

HOW DO YOU PLAN TO ACHIEVE YOUR LONG

TERM STRATEGY ?All strategic planning goals will only be tactically deployed as

well as the tools used to deploy them will allow

Page 7: Commercial Strategy In Practice Management

All Strategies Need Planning & Tools For Tactical

DeploymentAvailable Tools For Effective Practice Management

Page 8: Commercial Strategy In Practice Management

Proper Practice Management Is Key To On-going Success

1. Customer Relationship Management

2. Targeted And Well Defined Direct Mail

3. Patient Journey Management

4. Patient Engagement Strategies

5. Auditing And Test Verification

Page 9: Commercial Strategy In Practice Management

CRM

A Proper Customer Relationship Manager allows you to gather on-going intelligence in relation to your Patients and their families that can be used to engage them at an emotional level

Page 10: Commercial Strategy In Practice Management

CRM

A well kept CRM system will allow you to undertake imaginative, targeted and well defined mail marketing around not only your Campaigns but also your Patient journey.

Page 11: Commercial Strategy In Practice Management

CRM

A well kept CRM system will allow you to keep your Patient engaged for the long term encouraging not only Patient Retention but also Customer referral

Page 12: Commercial Strategy In Practice Management

Patient Engagement Tools

Page 13: Commercial Strategy In Practice Management

The number of Patient engagement tools designed for our profession are increasing everyday. Before you move forward with any of these tools, cover all your basics. Then move forward knowing that you are building on a strong foundation.

Page 14: Commercial Strategy In Practice Management

The basics

Is your practice clean, tidy, well decorated, comfortable for your Patients?

If you utilise displays or provided POS, are they well displayed, are they clean, when was the last time you changed them?

Is your practice and its staff welcoming?

Page 15: Commercial Strategy In Practice Management

Simply Put;

Do You Leverage Your Practice ?

Do you ensure that your practice environs sell you and add to the Patient

experience ?

Page 16: Commercial Strategy In Practice Management

Your Web Presence

• Is it a modern website?

• Has it been re-designed in the last year?

• Is it clean, clear, media rich with a regularly updated news section?

Page 17: Commercial Strategy In Practice Management

Be Innovative

Page 18: Commercial Strategy In Practice Management

Think Strategically

Page 19: Commercial Strategy In Practice Management

Manage Your Practice

Page 20: Commercial Strategy In Practice Management

Manage Your Patients

Page 21: Commercial Strategy In Practice Management

Engage Your Patients On An

Emotional Level

Page 22: Commercial Strategy In Practice Management

Thrive