Times are changing, and Indian pharma companies need to leverage digital technology if they want to remain relevant. The mantra to success needs to be a single minded focus on answering the question - How can we help doctors to take better care of their patients. I made this presentation to Sanofi on their Marketing Day
5. Today’s Health CareToday’s Health Care
SystemSystem
Patient
Health
Insurance
Government
Information
Overload
Media
The Physician
6. 5th Edition – Paris -- June 4-5, 2015
Unfortunately, while doctors are quite eager
to discuss medicine, most are unwilling to
talk about the nuts and bolts of practise
management
Don’t want to enrich the competition by
giving away their “trade secrets” !
We can learn together and help each other
7. 5th Edition – Paris -- June 4-5, 2015
Too many patients- not enough doctors
No trust in the system
Pharma seen to be greedy
Medical profession seen to be corrupt
Media loves doctor bashing
Violence against doctors
Government regulations
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Products + services = solutions
How do we leverage Digital health
Technology to reach out
Apps ?
Patient portals ?
Wearables ?
IOT ?
High tech plus high touch !
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Regulatory hurdles
Not a core competence
Corporate inertia
Prove ROI ?
How do you scale up ?
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Marketing
Communications
Customer service
Corporate social responsibility
Who will pay ?
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Innovate and experiment
Skunkwork teams – take risks and allow them
to fail.
Test. Learn. Repeat
Leverage partnerships
Tap into early adopters – the millenial digital
doctors
Learn from Healthcare startups
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Just a buzzword ?
Patient-centric” doesn't mean selling more
product – it means answering a patient's
needs above your own.
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We try never to forget that medicine is for
the people. It is not for the profits. The profits
follow, and if we have remembered that, they
have never failed to appear. The better we
have remembered it, the larger they have
been.
— George W(ilhelm) Merck
Address to the Medical College of Virginia,
Richmond (1 Dec 1950).
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Startups are changing the healthcare
ecosystem
Disruption because they are nimble and lean
Challenge the status quo !
16.
17.
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Go to where your customers are !
Social media provides great insights into
what people are thinking, feeling and
discussing
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Amplifies the doctor’s impact and reach
Virtual worlds
Wisdom of the crowd
Push and pull – on your mobile
24/7 convenience
Sermo
Docplexus
Curofy
Dailyrounds
20.
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Feel safer
Professional community
A chance to discuss professional issues in
confidence
An opportunity to vent
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CME – polish their medical knowledgebase
Keep upto date with medical advances
Networking with friends and colleagues
Stumped by difficult patients – need help
from other doctors
Chance to share your knowledge and display
your expertise
Become a thought leader
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Complementary skills – marry the best of
both worlds !
Pharma + healthcare startups = winning
combination !
Great way to get feedback online from lots of
doctors
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Help patients get better medical care by
Promoting SelfCare , so they can do as much
for themselves as they can
Helping them with Evidence-Based
Guidelines , so they can ask for the right
medical treatment that they need – no more
and no less
Helping them with Veto Power, so they can
say No to medical care they don’t need
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BHAG
Every doctor should have their own website
Valuable digital real estate - direct source of
referrals
Online reputation management
Openness, trust and tranparency
Local language
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For doctors
Patient acquisition – direct source of referrals
Create patient educational materials - spend
once, use often
Saves administrative hassles
No phone tag – email has a much better signal to
noise ratio
Become patient centric and empathetic
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For patients
Doctor is available and accessible
Can doctor shop from home
Get second opinions
Trusted voice
Local language
Transparency and openness creates trust
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Bought in bulk by by pharma companies
Customised for each individual doctor
Everyone benefits – pharma company, doctor
and patient !