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DECEMBER 9TH PRESENTATION (1)

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Cornerstone Family Healthcare: Patient Acquisition and Retention Presented byCIPA Cornerstone Consulting Team Emily Martin, Hexin Cao, Xiao Tan, Qiuhao Shen
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Page 1: DECEMBER 9TH PRESENTATION  (1)

Cornerstone Family Healthcare:

Patient Acquisition and Retention

Presented by: CIPA Cornerstone Consulting Team Emily Martin, Hexin Cao, Xiao Tan, Qiuhao Shen

Page 2: DECEMBER 9TH PRESENTATION  (1)

Presentation Overview

1. Executive Overview

2. Secondary Data – Literature Review

3. Primary Data and Findings -- Survey & Listening Session

4. Recommendations

5. Q&A

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Page 3: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Executive Overview

FQHC Background

Grant Application

Community Health

Assessment Survey Listening

Session

Primary DataLiterature Review: Analyzing Secondary Data

-Site information-Binghamton demographics-Health information

-Relatively low income area-Aging population-High mortality rate

-Quantitative, first-hand data

-Focus on group behavioral patterns

-Qualitative,first-hand data

-In depth attitudes and reflections

Findings and Recommendations

-History of FQHCs

-National trends in FQHC usage

Page 4: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Secondary DataFindings

Community Health Assessment

Cornerstone’s 2015 Grant Application

FQHC Background

•Federally Qualified Healthcare

Centers established in 1989

•Goal is to provide underserved

populations with affordable and

quality healthcare

•FQHCs largest primary

healthcare network in U.S

•Poor, young, and minority

citizens are the primary users of

FQHCs

•Target population is

5,992

•58% of population live

below poverty line

•28% are uninsured

•The Felters Road

campuses lack a primary

care facility in close

proximity to them

•Consistent high

unemployment rate in

Binghamton

•Broome county has an

aging population

•Traditionally high

morbidity rates in the

county point to a need for

primary care

Page 5: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary Data

We used a survey to collect

quantitative primary data which

depicted community behavioral

patterns and campus demographic

information. This supplied us with

first-hand data to research potential

correlations.

We facilitated the listening session

to focus on gathering qualitative

data.

Survey

Listening Session

Primary Data

Page 6: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Methodology

Distribution: Survey distributed by 2

Felters Road residents who were paid

by Cornerstone

Audience: Residents of the two

Felters Road campuses

Survey questions: Focused on

primary care, usage and knowledge

of Cornerstone and its competitors,

and social determinants of health

16-question survey

Distributed by two

residents

71 total responses

26% response

rate

Page 7: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataAnalytical Tools

SPSS Demographics

Attitudes and one-

determinant statistics

Correlations between different

determinants

Findings

*SPSS is a software developed by IBM for statistical analysis and modeling.

Page 8: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataDemographics of survey respondents

Age, Race & Residency

Length

Income

Self-HealthAssessment

• 88% were young adults, only 8% older than 65

• Top three racial groups were African Americans,

Whites, and Latinos

• Nearly 90% resided at Felters Road for > 1 year;

30% > 6 years

• > 50% have no income (retired, unemployed,

students)

• Majority (88%) evaluated their health condition

as excellent, good, or fair

• Majority Family Health-Related Expenditures

are less than $1,000

• Only 3/71 > $5,000 expenditures

Page 9: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey: Strengths & Limitations

● Objectivity: Survey

anonymously taken with no

incentive provided

● Representativeness:

Response Rate of 26% (71

Respondents of 275 Households)

Limitations:

● Open questions did not

elicit enough feedback

● Self assessment: limited

accuracy

● Not complete: sample size

is 71 people not all 275

households of Felters Rd.

Strengths:

Page 10: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

1. Community Mobility:

•Relatively low mobility

•Potential fixed patients and

frequent visitors

•Marketing Activities in

these communities are of

substantial value

Page 11: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

2.  Income and Insurance:

● Relatively low-income community

(70% of the respondents have no

fixed-wages)

● Insurance distributions (health

insurance coverage rate of 87% )

● Insurance coverage rate higher than

anticipated and acceptance of

Medicaid and Medicare could be an

advantage

Page 12: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

3. Attitudes toward Preventative Care:

● Importance of preventative care

Primary DataSurvey Findings

● High check-up frequency

Page 13: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

4. Knowledge about Cornerstone Facilities:

35% of respondents have used Cornerstone before

72% of respondents have heard of Cornerstone

Page 14: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

5. Disease Distribution and Service

● Diabetes, allergies, high cholesterol and asthma are the top 4 diseases that respondents have.

Page 15: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

6. Attitudes about Cornerstone Facilities:

Positive Attitude about Cornerstone

•Reputation

•Friendly and safe atmosphere

•Diverse Services

Positive Prospect

•Future options

Page 16: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

7. Competitor Analysis

• UHS provides 50.7% of

respondents with their

healthcare

• Lourdes is providing services

for another 44% of residents.

• Other competitors are minor

concerns

Page 17: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

7. Competitor Analysis

Main reasons that people

choose other providers are:

1. Good service

2. Reputation

3. Distance

4. Medical treatments

Page 18: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

7. Competitor Analysis

Main reasons that people will

choose Cornerstone are:

1.) Convenient location

2.) Quality services

Page 19: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

● Competitive Advantages:

(1)  Location -- located in the

community

(2) Discounted Services if uninsured

& various insurance options  

(3)  Long Opening Hours

● Competitive Disadvantages:(1) Unestablished Reputation

(2)Lack of recognition of medical

treatment quality

7. Competitor Analysis

Page 20: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

Strong correlation between

family health evaluation and

check-up frequency.

  8. Correlation Analysis

Page 21: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataSurvey Findings

Strong correlation between

family health evaluation and

health care spending.

Great potential to increase

patient acquisition and

retention by focusing on

residents of fair, somewhat

poor and poor health

evaluations.

  8. Correlation Analysis

Page 22: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataListening session: Advantages & Limitations

Advantages

● In depth qualitative data including

personal anecdotes and experiences

● Provided a connection between the

community and Cornerstone

● Many participants knew each other

creating a comfortable environment

● Held in a convenient and accessible

location

Limitations

● Large sample size of 15 people that

resulted in participants speaking over

each other

● Sample may not be wholly

representative of community

● More verbal participants may have

influenced the responses of quieter

participants

● Time of session may have limited

ability of certain population segments

to participate

Page 23: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataListening Session Methodology

•15 participants garnered from advertising

during the surveys

•Held in a local community center to enhance

accessibility

•Participants provided with a $20 Walmart

gift card as a participation incentive

•Questions mirror survey questions and were

designed to provide a more in depth

expansion of that data

Page 24: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Primary DataListening Session Findings

3 Main Knowledge Gaps in Community

1. People did not know the specific services Cornerstone offered other than primary care

2. People did not know about the kinds of insurance Cornerstone accepts or the sliding scale fee

3. People were unaware and unfamiliar with Cornerstone’s staff

Other Important Findings:

•Participants expressed a fear

that Cornerstone would leave

•The community is closed to

outsiders and thus we must

make community connections

•There are numerous

champions for Cornerstone in

the community

•People are willing to switch

from their current doctors;

change is good

Page 25: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Recommendations – 4Cs

• Consumer needs• Community

champions

• Sliding Scale Fee• Insurance Acceptance

• Stronger online presence

• Explicit signage

•Branding•Internal Marketing•External

Marketing

ConsumerCost

Communication Convenience

Page 26: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Recommendations -- Communication

Branding:

A powerful, catchy slogan not only imparts positive

feelings about Cornerstone but also makes the crowd

remember Cornerstone.

Convey brand information by sponsoring community

activities such as sports teams and hosting community

events.

Page 27: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

External Marketing

Internal Marketing

Internal marketing targets employees, community champions and current patients who can be a rich resource for referrals.

External marketing targets the population who is unfamiliar with Cornerstone

• Advertising • Brochures and newspapers

people usually read• Flyers and signage • Churches, sports teams,

schools, nursing homes, etc.

Recommendations -- CommunicationInternal & External Marketing may need to be tailored to the

Binghamton community and differentiated from the marketing that is utilized for Orange County.

Page 28: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Recommendations -- Consumers

Continue to Identify Changing Consumer Needs

Talk to consumers one-on-one

Follow-up

Survey

Utilize Community Champions

Page 29: DECEMBER 9TH PRESENTATION  (1)

Recommendations -- Cost

Cornerstone has a competitive

advantage due to the sliding scale fee

and acceptance of various forms of

insurance.

However, less people know this than

expected. Thus, it may be beneficial to

convey pricing policies and insurance

acceptance policies to potential

patients.

CostCompetitive advantage of

Cornerstone

FlyersSignage

Mailings

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Page 30: DECEMBER 9TH PRESENTATION  (1)

Executive Overview Secondary Data Primary Data Recommendations Conclusion Q&A

Q & A

At this time, we open up for questions, thoughts and suggestions…

Page 31: DECEMBER 9TH PRESENTATION  (1)

Cornerstone Family Healthcare:

Patient Acquisition and Retention

Thank You Very Much!


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