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CPM Patient Retention, Acquisition Program Posts Consistent Performance In Three Markets.


Business Editors/Health/Medical Writers

MIDDLETON, Wis adv. 1. Certainly; really; indeed.
v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis.
.--(BUSINESS WIRE)--Feb. 11, 2004

Three different health care providers in three areas of the country significantly increased their patient volume and revenue with a personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 patient acquisition and retention program developed by Customer Potential Management (CPM (1) (Critical Path Method) A project management planning and control technique implemented on computers. The critical path is the series of activities and tasks in the project that have no built-in slack time. ) Marketing Group. CPM is a pioneer in the development of relationship management solutions for health care.

Each of the health providers customized CPM's Lifetime Connections(TM) program to fit their market and organizational goals. Lifetime Connections is a series of 188 health maintenance reminders to keep individuals current with recommended health screenings and immunizations.

The first organization, a Midwestern physician's group, earned a return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) of more than $100,000 and a 20 percent greater response with a pilot program to improve patient retention. Using variable digital imaging techniques to customize personalized mail messages to patients with reminders for recommended screenings and checkups, it also wanted to test the validity of its Patient Relationship Management (PRM PRM Partner Relationship Management
PRM Parameter
PRM Bureau of Population, Refugees and Migration (US State Department)
PRM Partidul Romania Mare (Romania Mare Party)
PRM Professional Risk Manager
) (TM) database. As a result, the physicians' group is incorporating more PRM strategies into its patient retention efforts and has adapted the pilot program for its emergent emergent /emer·gent/ (e-mer´jent)
1. coming out from a cavity or other part.

2. pertaining to an emergency.


emergent

1. coming out from a cavity or other part.

2. coming on suddenly.
 and intermediate care programs.

In the mid-South, a three-hospital health system continued its ongoing Lifetime Connections program with a mailing designed to improve patient acquisition, retention and maintenance of market share. The organization used CPM's analytical software Analytical software is software that is designed specifically for and development of a particular environment or object.  and predictive segmentation tools to better understand its market, more narrowly target its audience and create more effective messages. The result was an ROI of $1 million and solidified so·lid·i·fy  
v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies

v.tr.
1. To make solid, compact, or hard.

2. To make strong or united.

v.intr.
 market leadership. The health system now plans to expand its Lifetime Connections and New Movers programs.

The third organization, a large six-hospital health system, adapted its ongoing Lifetime Connections program that included quarterly customized newsletters and personal letters to include only individuals who matched the profiles of previous respondents. The organization also targeted recipients who lived closer to the organization's primary service counties to improve response rate with brand recognition. The strategy paid off with a return of more than $6 million in 1 1/2 years. As a result, the health provider is doubling its percentage of PRM in its overall marketing/media mix.

"Each of these organizations used this strategy to actively build and maintain patient relationships in an era where patients are more involved in their own health care and have more choice," said John Hallick, CPM president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "They are at the forefront of relationship building that nurtures long-term relationships and revenue in an increasingly competitive market."

To read more about these organizations and their efforts, read the case study, "Lifetime Connections(TM) Build Relationships, Revenue for Three Providers," in the Press Room at www.cpm.com or contact CPM at 1-800-332-2631, ext 221 or marketing@cpm.com for a copy.

About CPM Marketing Group, Inc.

CPM Marketing Group, Inc., in Middleton, WI, is a pioneer in the development of Patient Relationship Management (PRM)(TM) solutions, including database development, intelligent healthcare marketing systems and predictive market segmentation Market Segmentation

A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action.
. CPM's PRM integrated solutions allow health care organizations to maximize their patient relationships through market analysis, strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  and targeted personal communications. The foundation is an accessible, customer-centric database that includes comprehensive individual and household data. CPM's suite of software tools provide easy and secure access to the data for individual snapshots of patients and health consumers on a "segment of one" basis. For more information, visit www.cpm.com, call 1-800-332-2631, ext. 221 or contact us via email at marketing@cpm.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 11, 2004
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