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	<title>Business Development &#8211; Connect Healthcare Consulting</title>
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		<title>Dental Practice Pain &#8211; Dental Insurance Reimbursement</title>
		<link>https://www.connecthealthcareconsulting.com/dental-practice-pain-dental-insurance-reimbursement/</link>
		
		<dc:creator><![CDATA[Meghan Burns]]></dc:creator>
		<pubDate>Mon, 23 Oct 2023 19:40:32 +0000</pubDate>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Connect Healthcare Consulting]]></category>
		<category><![CDATA[dental clinic]]></category>
		<category><![CDATA[dental insurance reimbursement]]></category>
		<category><![CDATA[dental practice]]></category>
		<category><![CDATA[dentistry]]></category>
		<category><![CDATA[Healthcare Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<guid isPermaLink="false">https://www.connecthealthcareconsulting.com/?p=5526</guid>

					<description><![CDATA[Dental care is an essential component of overall health, but the soaring cost of treatment is a pressing concern for many Americans. Even with dental insurance, out-of-pocket expenses can often be quite high due to reimbursement issues. ]]></description>
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<p>Dental care is an essential component of overall health, but the soaring cost of treatment is a pressing concern for many Americans. Even with dental insurance, out-of-pocket expenses can often be quite high due to reimbursement issues. The American Dental Association (ADA) reported that in 2020, the average cost of a comprehensive oral evaluation ranged from $87 to $126 and could go even higher for more complex procedures, such as root canals and dental implants. Unfortunately, dental practices often face lower reimbursement rates from insurance companies compared to other medical providers.</p>



<h2 class="wp-block-heading">The Dental Insurance System</h2>



<p>Diving deeper into the issue, dental insurance can be a labyrinthine and confusing subject for many patients. The profit-driven approach of insurance companies leads to fee schedules that may not accurately reflect the actual costs of dental services, creating a flawed system. Even for those with dental insurance through their employers, the maximum benefits are usually capped at $1,500, hardly enough to cover modern dental treatments and advanced technology.</p>



<p> </p>



<p>Dentists play a crucial role in educating patients about dental insurance policies, including Dental Maintenance Organizations (DMO) and Preferred Provider Organizations (PPO), and helping them navigate the differences between in-network and out-of-network providers. Furthermore, understanding key terms and concepts like Annual Maximum Benefit, Copayment, Coinsurance, Covered Services, Deductible, and Explanation of Benefits (EOB) is essential for patients to make informed decisions about their oral healthcare within the limits of their insurance coverage.</p>



<p> </p>



<h2 class="wp-block-heading">Challenges to Elderly Patients</h2>



<div class="wp-block-media-text is-stacked-on-mobile is-vertically-aligned-center"><figure class="wp-block-media-text__media"><img decoding="async" width="864" height="576" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.34.46-PM.png" alt="" class="wp-image-5528 size-full" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.34.46-PM.png 864w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.34.46-PM-300x200.png 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.34.46-PM-768x512.png 768w" sizes="auto, (max-width: 864px) 100vw, 864px" /></figure><div class="wp-block-media-text__content">
<p>For elderly Americans, Medicare, which covers healthcare for seniors and those with disabilities, often falls short when it comes to dental services. Routine check-ups, cleanings, fillings, extractions, and dentures are typically not covered, leaving many seniors with significant out-of-pocket expenses. Private insurance providers also tend to offer limited dental coverage, with strict limits on the types of procedures covered. This results in many individuals forgoing necessary dental care, which can have a detrimental impact on their overall health.</p>
</div></div>



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<h2 class="wp-block-heading">National Dental Insurance Problem</h2>



<p>Even with insurance options available, many Americans remain uninsured or underinsured. In 2019, nearly 25% of the U.S. population, equivalent to 74 million Americans, had no dental insurance and could not afford expensive dental care out of pocket. The COVID-19 pandemic has exacerbated this issue due to inflation and job losses. As dental professionals, it is crucial to educate patients about their insurance alternatives and collaborate with them to create treatment plans that suit their budgets and requirements. Furthermore, advocating for expanded dental benefits and comprehensive coverage for all Americans is essential for the dental community.</p>



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<h2 class="wp-block-heading">State and Federal Initiatives:</h2>



<p>Thankfully, states and regulatory bodies are actively addressing ongoing dental insurance and reimbursement issues. One promising solution is the implementation of alternative payment models, such as Dental Service Organizations (DSOs), aimed at increasing care efficiency while reducing costs for both patients and providers. The White House has proposed adding a dental benefit to Medicare as part of a $3.5 trillion human infrastructure plan, which would expand healthcare access for older Americans. Federal agencies are also exploring ways to improve Medicare and Medicaid by broadening coverage for specific services and lowering costs for beneficiaries. Additionally, President Biden’s legislation seeks to extend Medicare to cover dental, vision, and hearing services.</p>



<div class="wp-block-media-text is-stacked-on-mobile"><figure class="wp-block-media-text__media"><img decoding="async" width="866" height="574" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.35.34-PM.png" alt="" class="wp-image-5529 size-full" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.35.34-PM.png 866w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.35.34-PM-300x199.png 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-23-at-2.35.34-PM-768x509.png 768w" sizes="auto, (max-width: 866px) 100vw, 866px" /></figure><div class="wp-block-media-text__content">
<p>The American Families Plan includes funding for dental care to enhance healthcare access, particularly for low-income and underserved communities. The administration is also considering increasing funding for community health centers, which often provide dental care services to uninsured or low-income individuals. It’s important to note that congressional approval is required to implement changes to Medicare and dental care, so the specific actions to improve these areas of healthcare are currently unknown.</p>
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<h2 class="wp-block-heading">State Initiatives:</h2>



<p>Several states are taking individual initiatives to help dentists and patients address insurance and reimbursement concerns. For instance, Minnesota is reviewing a bill to redefine “covered services” under dental insurance policies to increase reimbursement rates for dental providers, making dental care more accessible for patients. California has launched multiple programs, including the Dental Transformation Initiative, to improve access to dental care for low-income patients. The state also introduced the Virtual Dental Home program, using telehealth technology to provide preventive and restorative dental services to underserved populations.</p>



<p>Oregon, too, has introduced innovative programs to enhance dental care access. The Dental Health Aide Therapist program trains mid-level dental providers to deliver preventive and basic restorative services in underserved areas. The state provides grants to dental practices that serve low-income patients and has expanded the availability of dental benefits under Medicaid.</p>



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<p>Dental insurance and reimbursement issues continue to be a significant concern for many Americans, making quality dental care hard to afford and affecting the profitability of dental practices. While states and the federal government are working diligently to improve accessibility and affordability, there is still much work to be done.</p>



<p>Dental professionals play a pivotal role in educating patients about their insurance options and advocating for expanded dental benefits and comprehensive coverage for all Americans. With the implementation of alternative payment models and the proposed addition of dental benefits to Medicare, there is hope for improving access to dental care, particularly for low-income and underserved communities. Collaboration between dental professionals, states, and governments can ensure that every individual has access to the dental care they need for optimal oral and overall health.</p>



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<p>For a marketing strategist who is deep-rooted in the medical industry, look no further than Connect Healthcare Consulting.</p>



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		<title>Conquering the Top 5 Challenges in Physical Therapy Today</title>
		<link>https://www.connecthealthcareconsulting.com/conquering-the-top-5-challenges-in-physical-therapy-today/</link>
		
		<dc:creator><![CDATA[Meghan Burns]]></dc:creator>
		<pubDate>Sat, 14 Oct 2023 20:45:35 +0000</pubDate>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[accessibility]]></category>
		<category><![CDATA[burnout]]></category>
		<category><![CDATA[Connect Healthcare Consulting]]></category>
		<category><![CDATA[Healthcare Marketing]]></category>
		<category><![CDATA[physical therapy]]></category>
		<category><![CDATA[Telehealth]]></category>
		<guid isPermaLink="false">https://www.connecthealthcareconsulting.com/?p=5512</guid>

					<description><![CDATA[In common with many healthcare disciplines, physical therapy represents an exceptionally rewarding avenue for professionals to assist patients in alleviating pain and achieving a successful recovery from various conditions, injuries, and surgical procedures. However, the intrinsic gratification of a job well-executed is not its sole compensation.]]></description>
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<p>In common with many healthcare disciplines, physical therapy represents an exceptionally rewarding avenue for professionals to assist patients in alleviating pain and achieving a successful recovery from various conditions, injuries, and surgical procedures. However, the intrinsic gratification of a job well-executed is not its sole compensation.</p>



<p>In the wake of the COVID-19 pandemic, the landscape of physical therapy has become more challenging, though not insurmountable. It is imperative that physical therapists acquire a comprehensive understanding of the underlying factors contributing to the complexities associated with telehealth, burnout, and education to effectively confront these challenges.</p>



<h2 class="wp-block-heading">1. Navigating the Transition to Telehealth</h2>



<p>The widespread embrace of telehealth solutions throughout the healthcare sector has compelled physical therapists (PTs) to adapt their practices to meet evolving patient expectations for treatment. Nevertheless, many PTs are accustomed to predominantly in-person interactions with patients, encompassing the explanation of injuries, treatment plans, and the demonstration of at-home exercises.</p>



<p></p>



<p>The transition to telehealth can prove challenging for some PTs, whether stemming from a deficiency in training for the provision of virtual physical therapy services or concerns regarding the capacity to deliver high-quality patient care remotely. Furthermore, there exists a potential risk that patients may inadvertently harm themselves during exercises conducted without direct supervision, rendering telehealth-based physical therapy a complex endeavor.</p>



<p></p>



<p>While in-person appointments will remain a fundamental aspect of physical therapy, it is incumbent upon clinics to incorporate telehealth options to remain competitive. Here are strategies PTs can employ to adapt to the evolving realm of telehealth physical therapy:</p>



<ul class="wp-block-list">
<li><strong>Explore diverse delivery methods</strong>, including video conferencing to illustrate exercises and asynchronous educational options such as instructional videos and anatomical diagrams, which elucidate the treatment plan’s benefits and proper exercise techniques.</li>



<li><strong>Consider a hybrid approach</strong> wherein clinics integrate in-person assessments and diagnoses with virtual treatment plans. PTs should maintain regular communication with patients, facilitating query resolution and adjustment of at-home exercise protocols as required.</li>



<li><strong>Leverage physical therapy applications</strong> to remotely monitor patients, bridging the observational gap presented by home-based exercises.</li>
</ul>



<h2 class="wp-block-heading">2. Mitigating Physical Therapist Burnout</h2>



<div class="wp-block-media-text is-stacked-on-mobile"><figure class="wp-block-media-text__media"><img decoding="async" width="870" height="576" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.25-PM.png" alt="" class="wp-image-5514 size-full" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.25-PM.png 870w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.25-PM-300x199.png 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.25-PM-768x508.png 768w" sizes="auto, (max-width: 870px) 100vw, 870px" /></figure><div class="wp-block-media-text__content">
<p>Burnout has emerged as one of the most swiftly growing challenges within the field of physical therapy, particularly in the aftermath of the COVID-19 pandemic. The ramifications of physical therapy burnout, including employee turnover and reduced working hours, incur substantial costs to the healthcare industry, estimated at <a href="https://www.acpjournals.org/doi/pdf/10.7326/M18-1422">$4.6 billion annually</a>.</p>
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<p>Providing effective patient care necessitates PTs to establish empathetic connections with their patients, often entailing significant emotional stress, especially when patients grapple with pain during physical therapy. To diminish the risk of burnout or mitigate its consequences, PTs should consider the following measures:</p>



<ul class="wp-block-list">
<li><strong>Evaluate alternative approaches to addressing burnout</strong>, as persisting through a period of burnout is likely to exacerbate the issue. Collaborate with supervisors to explore solutions, such as flexible scheduling or revised productivity expectations.</li>



<li><strong>Seek insights from fellow PTs who have encountered burnout</strong>, as they can provide valuable strategies and support. Professional organizations like APTA also offer <a href="https://www.apta.org/fit-for-practice/resiliency/building-resilience-to-avoid-professional-burnout">resources to aid</a> PTs in overcoming burnout.</li>



<li><strong>Foster collaboration with colleagues</strong>, including physical therapist assistants (PTAs) and occupational therapists (OTs), to distribute patient care responsibilities, thus reducing individual workloads and affording more time for documentation.</li>
</ul>



<h2 class="wp-block-heading">3. Managing Escalating Costs of Education</h2>



<p>The rising cost of education, encompassing escalating tuition fees and ongoing continuing education requirements, presents a formidable challenge to physical therapists. Graduates often grapple with student loan repayments as they embark on their professional careers, with an average education-related debt burden of approximately $116,000, nearly three times the national average of $39,000.</p>



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<p>Over the past two decades, the educational requisites in physical therapy have evolved from a bachelor’s degree to a master’s degree and subsequently to a Doctor of Physical Therapy (DPT) degree. Additionally, PTs frequently face obligatory completion of a minimum number of continuing education (CEU) credits each year to remain abreast of research, assimilate new techniques and treatment modalities, and sustain their professional licensure.</p>
</div><figure class="wp-block-media-text__media"><img decoding="async" width="860" height="626" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.28.50-PM.png" alt="" class="wp-image-5515 size-full" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.28.50-PM.png 860w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.28.50-PM-300x218.png 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.28.50-PM-768x559.png 768w" sizes="auto, (max-width: 860px) 100vw, 860px" /></figure></div>



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<p>Consider these strategies for PTs to address the financial challenges associated with education:</p>



<ul class="wp-block-list">
<li><strong>Explore loan repayment options</strong>, which may entail a commitment to work in high-demand areas in exchange for federal and state programs that alleviate a portion of student loan burdens. PTs with federal student loans employed in government agencies may qualify for Public Service Loan Forgiveness after ten years of payments.</li>



<li><strong>Consider the prospect of job-hopping</strong>, as securing a new position often translates into negotiating higher salaries. Frequent job changes, accompanied by salary negotiations of at least 5-10%, can ultimately result in long-term roles with significantly higher remuneration.</li>



<li><strong>Explore the domain of travel physical therapy</strong>, which offers tax benefits such as tax-free housing and relocation allowances. A period of networking and skill development in this capacity can yield substantial tax savings and financial stability.</li>
</ul>



<h2 class="wp-block-heading">4. Enhancing Access to Care</h2>



<p>While physical therapists possess the technical autonomy to evaluate and treat patients across the United States without necessitating a physician’s referral, numerous states impose arbitrary restrictions on direct access. These limitations lead to increased healthcare costs for patients, who may consult multiple specialists or explore alternative treatments before seeking the services of a physical therapist.</p>



<div class="wp-block-media-text is-stacked-on-mobile"><figure class="wp-block-media-text__media"><img decoding="async" width="860" height="576" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.37-PM.png" alt="" class="wp-image-5517 size-full" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.37-PM.png 860w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.37-PM-300x201.png 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-14-at-3.21.37-PM-768x514.png 768w" sizes="auto, (max-width: 860px) 100vw, 860px" /></figure><div class="wp-block-media-text__content">
<p>Increasing accessibility is paramount in physical therapy, as it exerts a direct influence on patient adherence, a key determinant of the success of treatment plans. Common barriers to access encompass transportation, clinic proximity, costs, wait times, and a lack of familiarity with physical therapy.</p>
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<p>Physical therapists can enhance accessibility through the following means, even within the framework of direct access restrictions:</p>



<ul class="wp-block-list">
<li><strong>Extend support beyond the clinical setting</strong> by providing patient education and self-management strategies, enabling patients to sustain their physical therapy regimen beyond their clinic sessions. The provision of free online resources, including video tutorials and preventative care materials, can cater to potential clients seeking guidance.</li>



<li><strong>Foster collaborative relationships with non-physical therapy providers</strong>, transcending the competitive paradigm. Demonstrating the value of physical therapy to surgeons, physicians, and chiropractors can lead to increased referrals and better preparation of patients for their physical therapy experiences.</li>



<li><strong>Ensure the continuity of care through digital health tools</strong>, which extend the reach of physical therapy into patients’ homes.</li>
</ul>



<h2 class="wp-block-heading">5.  Embracing Innovative Technology</h2>



<p>The rapid shift toward digitalization within the healthcare sphere may appear daunting; however, technology is a potent enabler for patient care, complementing the human touch rather than supplanting it. Research indicates that 90% of patients express a desire for technology-driven healthcare. Employing technology to enhance patient care can enhance convenience, accessibility, and patient retention in physical therapy.</p>



<p>Consider the following recommendations for the incorporation of technology to address prevalent challenges in physical therapy:</p>



<ul class="wp-block-list">
<li>Harness technology to collect patient performance data, empowering PTs to make data-informed decisions when adapting home exercise protocols. Utilizing software, which employs artificial intelligence to collect precise data during at-home exercises, enables more refined treatment planning.</li>



<li>Explore wearable technology, ranging from suits that aid patients in standing and walking to smart clothing featuring sensors that measure movements and biometrics. While employing all available wearables may be unnecessary, their utilization allows for the evaluation of patient rehabilitation in real-life scenarios, facilitating timely feedback.</li>
</ul>



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<p>Approach the challenges within the field of physical therapy with assurance, as the adoption of proactive measures can lead to the discovery of innovative approaches to patient care, yielding positive patient outcomes.</p>



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<p>For a marketing strategist who is deep-rooted in the medical industry and can help navigate the world of artificial intelligence and how it can benefit your practice, look no further than Connect Healthcare Consulting.</p>



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		<title>Embracing the Fee-for-Service Chiropractic Model: A Patient-Centric Approach</title>
		<link>https://www.connecthealthcareconsulting.com/embracing-the-fee-for-service-chiropractic-model-a-patient-centric-approach/</link>
		
		<dc:creator><![CDATA[Meghan Burns]]></dc:creator>
		<pubDate>Wed, 11 Oct 2023 03:42:13 +0000</pubDate>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[chiropractor]]></category>
		<category><![CDATA[Connect Healthcare Consulting]]></category>
		<category><![CDATA[Healthcare Marketing]]></category>
		<category><![CDATA[patient-centric practice model]]></category>
		<guid isPermaLink="false">https://www.connecthealthcareconsulting.com/?p=5505</guid>

					<description><![CDATA[As a chiropractor, your primary focus is on improving the health and well-being of your patients. Transitioning to a fee-for-service chiropractic model can be a pivotal step in aligning your practice with a patient-centric approach.]]></description>
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<p>As a chiropractor, your primary focus is on improving the health and well-being of your patients. Transitioning to a fee-for-service chiropractic model can be a pivotal step in aligning your practice with a patient-centric approach. In this blog post, we’ll explore how this shift benefits your patients and enhances their overall experience.</p>



<h2 class="wp-block-heading">1. Increased Appointment Time</h2>



<p>One of the most significant advantages of a fee-for-service model is the ability to allocate more time to each patient. Without the constraints of insurance billing and limited appointment durations, you can conduct thorough evaluations, address multiple concerns, and provide comprehensive care during each visit. This extended time allows for a more personalized and effective treatment plan.</p>



<p></p>



<h2 class="wp-block-heading">2. Tailored Treatment Plans</h2>



<div class="wp-block-media-text is-stacked-on-mobile"><figure class="wp-block-media-text__media"><img decoding="async" width="870" height="572" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-10-at-10.30.24-PM.png" alt="" class="wp-image-5506 size-full" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-10-at-10.30.24-PM.png 870w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-10-at-10.30.24-PM-300x197.png 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2023/10/Screenshot-2023-10-10-at-10.30.24-PM-768x505.png 768w" sizes="auto, (max-width: 870px) 100vw, 870px" /></figure><div class="wp-block-media-text__content">
<p>In a fee-for-service practice, you have the freedom to develop individualized treatment plans that cater to each patient’s unique needs and goals. This patient-centric approach fosters trust and collaboration, as patients feel that their chiropractor is genuinely invested in their well-being.</p>
</div></div>



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<h2 class="wp-block-heading">3. Transparency in Pricing</h2>



<p>Patients appreciate transparency in healthcare costs. In a fee-for-service model, you can provide clear and upfront pricing for your services. Patients know exactly what to expect, eliminating surprises and potential financial stress. This transparency builds trust and enhances the patient-provider relationship.</p>



<h2 class="wp-block-heading">4. Enhanced Access to Care</h2>



<p>By removing the limitations imposed by insurance networks, you open your practice to a broader patient base. Individuals who may not have coverage or prefer a more holistic approach to healthcare can access your services without insurance barriers. This inclusivity can lead to a more diverse and satisfied patient population.</p>



<h2 class="wp-block-heading">5.  Focus on Wellness and Prevention</h2>



<p>Fee-for-service chiropractic practices are well-suited for promoting wellness and preventive care. Patients are more likely to engage in ongoing chiropractic care when they perceive its value and have a direct financial stake in their health. This shift in mindset can contribute to better long-term outcomes for your patients.</p>



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<p>In conclusion, transitioning to a fee-for-service chiropractic model aligns your practice with a patient-centric approach that emphasizes personalized care, transparency, and enhanced access to your services. By embracing this model, you can provide your patients with longer appointment times, tailored treatment plans, clear pricing, and a focus on wellness and prevention. Ultimately, this patient-centered approach can lead to more satisfied and engaged patients who value the quality of care you provide.</p>



<p></p>



<p>For a marketing strategist who is deep-rooted in the medical industry, look no further than Connect Healthcare Consulting.</p>



<p></p>



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		<title>Surviving to Thriving: Reimagining Healthcare Business Development</title>
		<link>https://www.connecthealthcareconsulting.com/reimagining-healthcare-business-development/</link>
		
		<dc:creator><![CDATA[Abby Crimm]]></dc:creator>
		<pubDate>Mon, 21 Sep 2020 17:04:54 +0000</pubDate>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[Connect Healthcare Consulting]]></category>
		<category><![CDATA[Healthcare Marketing]]></category>
		<category><![CDATA[supply chain]]></category>
		<guid isPermaLink="false">https://www.connecthealthcareconsulting.com/?p=5312</guid>

					<description><![CDATA[Much of our day-to-day may feel more like surviving than thriving. What can you do during this time of uncertainty and recession to boost your healthcare business development so your company can flourish? It’s difficult to think about investing in [&#8230;]]]></description>
										<content:encoded><![CDATA[<body>
<p>Much of our day-to-day may feel more like surviving than thriving. What can you do during this time of uncertainty and recession to <a href="https://www.connecthealthcareconsulting.com/healthcare-marketing-services/" target="_blank" rel="noreferrer noopener">boost your healthcare business</a> development so your company can flourish?</p>



<p>It’s difficult to think about investing in new avenues of business development when your organization is struggling. Healthcare companies are discovering that it’s the new opportunities that are bringing them the success they need. Refocusing or reimagining your strategies to find new ways of doing business will be the key to not only surviving but thriving in healthcare.</p>



<p>Here are some ways you could approach business development to get your healthcare company from surviving to thriving:</p>



<h2 class="wp-block-heading">Recovering Revenue</h2>



<p>For many biopharma companies, research and commercial efforts have been the priority when it comes to budgeting. Minimizing cash burn while keeping discovery, clinical trials, and sales afloat has put a significant dent in business development budgets. That doesn’t mean there aren’t other solutions to keep the cash flow.</p>



<p>View your products and services from a customer’s perspective to recover revenue. This start-up mindset can help you identify strengths to maximize and opportunities to pivot. Adjust and tailor existing products or pricing strategies to conform to customer needs to see sales increase.</p>



<h2 class="wp-block-heading">Rebuilding Operations</h2>



<p>One of the <a href="https://www.zs.com/insights/five-factors-affecting-m-and-a-and-business-development-post-covid-19" target="_blank" rel="noreferrer noopener">effects of the COVID-19 pandemic</a> was revealing the flaws of national cycles. Healthcare businesses have increasingly turned to more local and flexible operations. Regionalizing your supply chain allows your business to be more nimble and flexible, reacting to niche customer-demand patterns.</p>



<p>Finding the balance between reactivity to the market and consistency with your company’s overall strategy will be important as you restructure your operations to a local model.</p>



<h2 class="wp-block-heading">Rethinking Your Organization</h2>



<p>When it comes down to it, your organization is made up of people—both employees and customers. Business is human at its core, so the way your business is structured needs to set your employees and customers up for success. How do they work best? What are the new customer-demand patterns that need to be addressed?</p>



<figure class="wp-block-image size-large"><img decoding="async" width="1920" height="1920" src="https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited.jpg" alt="Think outside the box in business development" class="wp-image-5314" loading="lazy" srcset="https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited.jpg 1920w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-300x300.jpg 300w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-1024x1024.jpg 1024w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-150x150.jpg 150w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-768x768.jpg 768w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-1536x1536.jpg 1536w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-650x650.jpg 650w, https://www.connecthealthcareconsulting.com/wp-content/uploads/2020/09/nikita-kachanovsky-bLY5JqP_Ldw-unsplash-edited-1300x1300.jpg 1300w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></figure>



<p>Sudden transformation in consumer behavior, supply chain, and market patterns, means it’s time to rethink what your organization looks like. Because of the regionalization of the market, companies need to structure local teams that can respond individually to those markets.</p>



<p>Leaders should be able to understand the value structure and latest influences in their regional marketplace quickly, adjust the team size, change the combinations of roles, and make changes needed.</p>



<h2 class="wp-block-heading">Embracing Digital Solutions</h2>



<p>A post-COVID world will have a greater focus than before on digital marketing and communications to drive business development. Using a communication plan and metrics taken from a well-organized customer relationship management system is essential to becoming a thought leader and attracting not only sales but also key partnerships.</p>



<p>The way your reps are communicating digitally with physicians and other targets most likely won’t change for a while. They’ve had to find new ways to connect with administrators and healthcare professionals, constantly adapting their message to address novel problems.</p>



<p>One avenue of business development may be to invest and discover better platforms or messaging for your reps. Find platforms that support your customer-focused business model and provide reports or metrics to make faster, evidence-based decisions.</p>



<h3 class="wp-block-heading">Let’s Connect for Thriving Business Development</h3>



<p>Schedule a free consultation to start driving your business development using the latest digital marketing and communication strategies.</p>



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