Rising costs in the health care system along with the uneven service quality of the staff make it more important than ever for health care leaders as well as policy makers to come up with new strategies to provide value to patients. Introducing a healthcare market network can help make that happen.
What’s a Market Network?
Imagine a digital platform where everyone can go to for anything related to healthcare: from insurance to doctors, from pharmacists to medical equipment suppliers, and more. That’s going to make it easier for people and businesses to find what they need. Whether it’s health care services or investors, people have a much better chance of connecting to buyers or sellers with greater ease.
What Can a Market Network do?
The market can make it easier to bring together supplies and demands, allowing for an easier delivery system for products or services. A platform where patients and businesses could lay down services and needs will boost the speed and efficiency of finding the right answers and delivering better levels of patient satisfaction.
Why Do Market Networks Matter?
Market networks allow physicians to make better decisions for their patients faster. Supply chain resource information uses intelligent automation to drive relevant “in-context” data to the physician, providing physicians and clinicians the ability to connect and collaborate. In a recent study, a Texas Hospital Association piloted the sharing of relevant cost data with physicians at a large academic hospital directly through electronic health records. In just over two (2) months of the pilot’s launch. The hospital saved US $430,444.
How Do I Get on That Network?
Look for software solutions that can make that network possible. Choose a hospital market solution, for instance, that can help you take care of all the tasks you need to implement and manage while allowing you to take on those tasks in a way that is integrated into the IT applications and services that you use. Instead of services that are separate and unconnected to each other, the right software solution for healthcare services analytics can help you cover all those services in one context.
Why is it Right for You?
If you run a healthcare business, then finding a software solution that will enable a market network can help you leverage and grow your brand influence, which will lead to more revenue opportunities. Some types of software can also help you improve your product value and market reach, all while encouraging low-cost service adoption. With marketplaces and social networks, your business can improve its marketing and sales reach.
What Can You Do?
Start looking for software solutions. Check out healthcare services analytics from Standpoint Software to give you a good idea where to start. If you want to improve the way you do your business, then finding solutions that support complex and higher-value businesses like medical services should be on top of your list.