COMPLIMENTARY WEBCASTIncentivizing Behavior Change: Improving Connected Health OutcomesTuesday, August 7, 2018 | 1 p.m. CT (2 p.m. ET)
Healthcare has long struggled with the challenge of driving positive consumer behaviors. The right actions can improve health outcomes and dramatically save costs, but creating and sustaining those consumer behaviors have proven difficult. This webcast discusses strategies to leverage non-cash incentives, including gift cards, to create and sustain consumer engagement with connected health solutions and drive positive behavioral changes. Connecting gift card incentives to connected technologies creates important benefits, including targeting through big data, improving quality metrics, and delivering immediate confirmation and gratification to consumers. Parks Associates’ consumer data shows predictable patterns of user engagement, with high initial usage rates followed by dramatic declines after 6-12 months. Just 60% of fitness tracker owners who have owned their devices for 7-12 months use it at least weekly, compared with 88% of those who have owned a fitness tracker for three months or less. One key challenge is that realization of positive outcomes, including saved costs and improved health, does not occur until long after the actual behavior, creating “disincentives” to stay the course. Penalizing “bad behavior” has the opposite desired effect by worsening patient outcomes (and increasing emergency room visits), but gift cards rewarded throughout a healthcare journey can ensure consumers continue on their treatment plan. Parks Associates research finds the majority (57%) of U.S. consumers in broadband households believe that they are accountable for behaviors that affect their health. They are willing to take responsibility for their healthcare and often need just a modest financial reminder to sustain positive behavior. Non-cash incentives are already part of short- and long-term strategies for many healthcare providers, used to incentivize key positive outcomes: • Smoking cessation • Cancer screening • Mammogram • Weight management • Diabetes management • Grocery shopping to eat healthier • Close healthcare gaps in vulnerable populations In this webcast, Parks Associates and GiftCard Partners examine current efforts to offer healthcare incentives among health plans, medical practices, Medicaid programs, insurers, and employers.
Speakers also examine the role of connected technologies, apps, and smartphones to create these incentives and increase awareness among targeted populations. They discuss the changes in this market as major CE players, such as Samsung and Apple, increase their role in the clinical healthcare space and how these players can use non-cash incentives to increase consumer response and satisfaction. SpeakersKate Balboni, Director of Sales & Marketing, GiftCard Partners Jennifer Kent, Director, Research Quality & Product Development, Parks Associates Matthew Miller, VP, Behavior Science, StayWell Michelle Snyder, Chief Marketing Officer, Welltok |
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