STOCK TITAN

Two-Thirds of U.S. Consumers Likely to Switch Healthcare Providers If COVID-19 is Poorly Managed, Accenture Report Reveals

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
covid-19
Rhea-AI Summary

According to a new report from Accenture (NYSE: ACN), 64% of U.S. patients may switch healthcare providers if their current one fails to meet expectations in managing COVID-19 concerns. The survey of over 4,600 U.S. respondents found that patients desire safer, more secure healthcare experiences, including virtual care options. Poor handling of COVID-19 increases the likelihood of patients delaying or not returning for services. The report outlines strategies for healthcare providers to enhance patient experience and ensure long-term growth.

Positive
  • 64% of U.S. patients are likely to switch providers if COVID-19 concerns are not addressed.
  • Survey indicates strong demand for enhanced virtual care options among patients.
Negative
  • Patients who feel poorly treated during COVID-19 are three times as likely to delay seeking care or never return.

NEW YORK--()--Nearly two-thirds (64%) of U.S. patients are likely to switch to a new healthcare provider if their current health provider doesn’t meet their expectations for managing COVID-19 concerns, according to a new report from Accenture (NYSE: ACN).

Based on a survey of more than 4,600 U.S. respondents, the report, “Elevating the Patient Experience to Fuel Growth,” notes that patients are looking for a safer, more secure and convenient healthcare experience — including strict sanitary and safety protocols as well as virtual care options.

In addition, those who believe their healthcare providers handled COVID-19 poorly were three times more likely than satisfied patients to say they will either delay seeking services for at least a year or never return to that healthcare provider.

“Our research clearly shows that the patient experience matters now more than ever,” said Jean-Pierre Stephan, managing director, Accenture Health. “This should be interpreted as positive news because it means the future is in the hands of healthcare providers to embrace change and provide better healthcare experiences. We’re advising providers take this opportunity to offer a holistic, digital approach that centers on the patient’s access to quality care and post-care services; this will better position healthcare providers for long-term growth.”

The report suggests four ways to improve the patient experience:

  • Address patient concerns in a personalized manner: Communicate specific actions taken to protect patients — such as offering separate entrances, allowing contactless payment and online paperwork, or even describing the advanced level of protective gear used by staff. When possible, physicians should deliver the message directly.
  • Meet people at the front door: Address unique patient needs and ease COVID-19 concerns before a patient steps foot into the office or enters a virtual waiting room. Embed new safety and wellness protocols and practices throughout every interaction, from finding a doctor to scheduling an appointment or completing registration in advance of a visit. In fact, the survey found that 74% of patients are now likely to use online chat or texting to provide check-in information before their appointment if such a service is available.
  • Enhance virtual care capabilities: Develop new models that use more virtual care, from bookings to meetings, so that those who remain wary of in-person care have more options. Patients have indicated a strong desire for this to happen. In a survey of 2,700 patients that Accenture conducted in May, 60% said that based on their experience using virtual care and devices during the pandemic, they want to use technology more for communicating with healthcare providers and managing their conditions in the future.
  • Listen through social channels: Actively monitor local and national social channels to gather real-time insight into patient perceptions and community sentiment. This enables quick operational pivots to address consumer needs and measure progress along the way.

“While many health systems have improved safety protocols in light of COVID-19, they must also make the patient experience a top priority, not just to convince people to return, but also to lead the way in re-imagining the future of healthcare,” Stephan said. “In this new future of care, health systems need to provide effective, trusted, reliable care — both in person and virtually — while instilling confidence and demonstrating safety and respect. Otherwise, patients are likely to switch to other providers who are reinventing how healthcare services are delivered.”

About the research
Accenture surveyed 4,639 U.S. adults about the impact of COVID-19 on consumer trust across providers and payers; drivers of consumer willingness to return to in-person care; and the present and future use of virtual care. The survey was conducted online in June 2020.

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

From the back office to the doctor’s office, Accenture’s Health practice combines unmatched experience, business and clinical insights with innovative technologies to help clients around the world embrace the power of change to deliver more effective, efficient and affordable healthcare. To learn more, visit www.accenture.com/health.

Copyright © 2020 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

Contacts

Cam Granstra
Accenture
+1 312 693 5992
cameria.l.granstra@accenture.com

FAQ

How many patients are likely to switch healthcare providers due to COVID-19 concerns?

64% of U.S. patients are likely to switch if their providers do not meet expectations regarding COVID-19.

What percentage of patients want to enhance virtual care options?

60% of patients expressed a desire for more technology use for communication and managing conditions post-pandemic.

What can healthcare providers do to improve patient experience according to Accenture?

Providers should personalize patient communications, enhance virtual capabilities, and address patient needs promptly.

Accenture PLC

NYSE:ACN

ACN Rankings

ACN Latest News

ACN Stock Data

224.59B
624.69M
0.07%
73.1%
0.92%
Information Technology Services
Services-business Services, Nec
Link
United States of America
DUBLIN