Resources

White Paper: Patient Acquisition Provides Sustainable Financial Model for Virtual Care

White Paper: Patient Acquisition Provides Sustainable Financial Model for Virtual Care

Overview

In today’s landscape, non-profit and public healthcare organizations, which include the majority of community hospitals, are facing a negative economic outlook. As such, demonstrating the financial impact for new service lines is increasingly critical.

MultiCare offers virtual visits using two distinct platforms under the name MultiCare Virtual Care: an asynchronous online patient interview powered by Zipnosis, and a direct-to-video service.

Key Takeaways

  • Out of a cohort of 304 people who had not received any care from MultiCare Health System in the 24 months prior to their virtual visit, more than 30% converted to a health system patient by seeking care at a MultiCare facility within 12 months of their virtual visit.
  • These conversions resulted in over $2,300 of new gross charges per converted patient, totaling almost $240,000 over the course of the study.

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Webinar: The Business Care for Investing in Virtual Care with Carrot Health

Webinar: The Business Case for Investing in Virtual Care with Carrot Health

Overview

New research demonstrates how virtual care adds significant incremental revenue to a health systems’ bottom line. You’ll gain in-depth insights into new research demonstrating the downstream revenue impacts of virtual care as a patient acquisition strategy, and get the information you need to effectively measure your return on investment and create a data-driven culture.

Topics

  • About Zipnosis
  • About Carrot Health
  • The virtual care ROI study
  • How to create a data-driven culture
  • Questions

Key Takeaways

  • Out of a cohort of 974 virtual care users who had not received care from the health system in the previous 24 months, approximately 25% converted to a health system patient by receiving in-person care within 12 months of their virtual visit.

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  • These conversions resulted in an average annual revenue increase of nearly $3,000 per converted patient, totaling more than $708,000 in incremental annual revenue.
  • Key decision makers in strategy, planning, marketing, and the service line must be empowered and equipped with the right information to create a data- and results-driven culture.

Speakers

jon-pearce-zipnosisJon Pearce, CEO, Zipnosis

Kurt Waltenbaugh, Founder and CEO of Carrot HealthKurt Waltenbaugh, Founder and CEO, Carrot Health

White Paper: Financial Impact of Virtual Care Patient Acquisition Strategy for Health Systems

White Paper: Financial Impact of Virtual Care Patient Acquisition Strategy for Health Systems

Overview

Health systems are increasingly using virtual care technology to both meet patient demand for convenience and enhance their patient acquisition strategy. In this white paper, Zipnosis and Carrot Health analyze the efficacy of virtual care as a patient acquisition vehicle for a leading health system customer.

Key Takeaways

  • Out of a cohort of 974 virtual care users who had not received care from the health system in the previous 24 months, approximately 25% converted to a health system patient by receiving in-person care within 12 months of their virtual visit.
  • These conversions resulted in an average annual revenue increase of nearly $3,000 per converted patient, totaling more than $708,000 in incremental annual revenue.

Download the White Paper

    (Don't worry–we hate spam, and won't send too many emails.)