What Healthcare can Learn from Financial Services about Digital Experiences

or many, finding an in-network doctor or booking an appointment feels like navigating a maze. There’s no clear path to get the information that matters, and numerous roadblocks can get in the way.Online resources published by health systems and payers are often out of date, and despite advances made during the pandemic to transform the online accessibility of healthcare providers, the process of finding care is often frustrating and unsatisfying.In fact, according to a survey of more than 7,600 consumers across five countries, just 32% of consumers are satisfied with the digital experiences offered by healthcare organizations. But if so few are happy, what can health systems do to improve? Perhaps they can learn a lesson from the financial services sector, which has learned to think more holistically about customer journeys, and respondents ranked 26 points higher in the same survey.

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From a technological standpoint, healthcare IT is unusually fragmented, involving several legacy systems. And though the industry has made strides toward greater interoperability, small and independent hospitals in major cities trail their counterparts in having information available at the point of care. The industry is also heavily regulated, with well-intentioned rules and laws like HIPAA slowing the pace of digital transformation and limiting digital best practices common in other industries, such as using third-party tracking technologies on websites.


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