Many firms struggle to deliver a personalized, relevant, and easy-to-use digital experience. This is especially true for organizations in the healthcare industry where the stakes related to customer data privacy and security are relatively higher than for most other industries. Patient expectations about user experiences with their healthcare service providers have changed, which means it is paramount for a provider to put forward the best digital experience it can provide. At the same time, trying to provide a better digital experience is nearly impossible without having any insights or visibility into a patient’s digital behavior. Having the right tool to provide this visibility while maintaining compliance obligations can result in: 1) increased adoption of digital products, 2) improved patient experiences and increased patient loyalty, and 3) decreased operational cost.
Amplitude is a digital analytics platform that provides organizations with full visibility into patient journeys, which they can use to understand how their patients utilize and engage with their healthcare providers. In addition to improving visibility, organizations can then use the insights to build digital experiences that are valuable to patients, which results in both top-line revenue impacts and bottom-line operational efficiencies and cost savings.
Amplitude commissioned Forrester Consulting to interview four representatives of organizations with experience using the platform and conduct a Total Economic Impact™ (TEI) study to better understand the benefits, costs, and risks associated with Amplitude.1 This abstract will focus on the healthcare industry’s use of Amplitude and the platform’s value for organizations in the industry.
The interviewee for this spotlight is the director of product management at a healthcare organization.
The interviewee said their healthcare company adopted Amplitude to improve its digital analytics capabilities, and they cited several challenges the organization previously faced in its legacy environment, including:
The interviewee said their organization chose to invest in Amplitude for the following reasons:
The results of the investment for the interviewees' organizations include:
Revenue-impact benefits. The investment in Amplitude enables the interviewee’s organization to leverage patient insights to improve its digital product offerings and approach to patient care. As a result, the organization improves revenue by:
Operational efficiency benefits. The interviewee at the healthcare organization said their company previously used lean data and analytics teams to leverage patient insights but that Amplitude enables improving patient experiences while creating operational efficiencies by:
Readers should be aware of the following:
This study is commissioned by Amplitude and delivered by Forrester Consulting. It is not meant to be used as a competitive analysis.
Forrester makes no assumptions as to the potential ROI that other organizations will receive. Forrester strongly advises that readers use their own estimates within the framework provided in the study to determine the appropriateness of an investment in Amplitude.
Amplitude reviewed and provided feedback to Forrester, but Forrester maintains editorial control over the study and its findings and does not accept changes to the study that contradict Forrester’s findings or obscure the meaning of the study.
Amplitude provided the customer names for the interviews but did not participate in the interviews.
1 Total Economic Impact is a methodology developed by Forrester Research that enhances a company’s
technology decision-making processes and assists vendors in communicating the value proposition of their products and services to clients. The TEI methodology helps companies demonstrate, justify, and realize the tangible value of IT initiatives to both senior management and other key business stakeholders.
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