Forrester Research: Forrester Retail Insights Healthcare First Look: Research & Event Highlights From Forrester

 21 June 2005
ForrTel: An IT Tool Kit For Building Consumer-Directed Health Plans
Eric Brown and Katy Henrickson will review the steps that health plan IT executives should take to support consumer-directed products and will discuss vendors that can help in their July 20 ForrTel.

Register online or call the Client Resource Center at +1 866/FORRESTER to sign up.


Upcoming User Experience Boot Camps
Join us for one of our upcoming training sessions, led by Forrester analysts who draw on their research to share best practices and tools you can take back to your job. These are limited to small groups, so you'll gain from networking with peers and having direct access to analysts:

Cross-Channel Review Boot Camp, June 28-29, in Cambridge, Mass.

Effective Site Design Boot Camp, September 28-29, in Chicago

How To Evaluate And Fix Your Web Site, October 12-13, in Cambridge, Mass.

Email Jeanne Strepacki with any questions at jstrepacki@forrester.com.


We Want You! To Participate In Our ePedigree Research
Are you actively involved in the decision to study, recommend, pilot, or implement pharmaceutical ePedigrees at your company?

If so, please email Shiv at sasthana@forrester.com to participate in Forrester's 10-minute ePedigree/RFID survey. Responses to this survey will be included in a report we will publish this summer. This survey will improve the quality and relevance of our research and provide you with insight into current industry trends in ePedigree.


Numbers You Should Know
5.4% Hospital respondents to Forrester's Business Technographics® May 2005 North American And European Network And Telecommunications Benchmark Study expect their telecom budgets to increase 5.4% in 2005 compared with 3.3% year-over-year growth in other industry sectors.

7,000 In the upcoming installments of the "2005 eDetailing Insights" series, Forrester will showcase the results of our in-depth, online survey of nearly 7,000 prescribers' experiences with and opinions about eDetailing.

56% Fifty-six percent of employers that Forrester surveyed said that reporting and analytics are somewhat or extremely important, but their primary health plans' sites lack these tools.

24x7 Hospital IT shops are beginning to offer physicians extended services, even 24x7 support for technology, including home PCs, in order to increase physicians' overall job satisfaction and reduce turnover.

79% Seventy-nine percent of commercially insured prescription takers make an effort -- like talking to their doctor or pharmacist or looking online -- to learn more about a newly prescribed drug.

8 Forrester created an eight-question diagnostic tool to help pharma firms examine where portal technology can best support their collaborative processes in drug development and clinical trials.


Hot Off The Presses From Forrester's Healthcare Team
Telecom 2005 Spending Trends In Healthcare by Eric Brown

Pharma Marketers Show Mixed eDetailing Results by Liz Boehm

What Employers Want From B2B Plan Sites by Liz Boehm

Rx Comparison Tools Come Of Age by Liz Boehm

Healthcare Organizations Require Unique ROI For Service Desk Implementations by John Ragsdale

Pharma Firms: Ready For Collaborative Portals? By Laura Ramos


Benefits Executives Are Largely Satisfied With Existing B2B Site Features
Benefits Executives Are Largely Satisfied With Existing B2B Site Features

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Telecom 2005 Spending Trends In Healthcare
Healthcare institutions are making significant new investments in infrastructure like networking and communication technologies, according to Forrester's Business Technographics® May 2005 North American And European Network And Telecommunications Benchmark Study. We asked IT execs -- including those at hospitals -- responsible for telecom systems and services about their actual and planned spending. Most firms have boosted their telecom budgets by a measly 3.3% this year, but hospitals' budgets have grown by 5.4%. Vendors hoping to win hospitals' business must first demonstrate their understanding of the healthcare industry's regulatory and business requirements.


Telecom 2005 Spending Trends In Healthcare Pharma Marketers Show Mixed eDetailing Results
Pharma marketers have been giving eDetailing a trial run, but most firms haven't nailed down the formula for eDetailing success. Despite the fact that our interviewees report both positive and negative pilot results, most pharma marketers expect to expand their eDetailing initiatives in 2005. eDetailing vendors that want to earn their share of pharma's increased spending should focus on bolstering their panels with improved recruitment.

What Employers Want From B2B Plan Sites
Benefits execs aren't just looking for B2B plan sites to support enrollment and payment transactions. Forrester's recent survey of 226 employee health benefits executives shows that these execs prioritize tools that help them help employees pick a provider and manage their benefits. To answer employers' demands, health plans' service executives must extend employers' access to member self-service tools. Plans should also work on their online reporting to support benefits managers' business needs in order to make the plan's B2B site a vital resource for employers.

Rx Comparison Tools Come Of Age
Prescription drug decisions are perplexing to consumers. Weighing clinical effectiveness information and cost disparities is no walk in the park. In recent years, health plans have added decision-support tools to their Web sites, but these tools haven't put a stop to the confusion. Consumer Reports has introduced a Web site that helps consumers without drug coverage decide which medications will get the results they need at the best price. Forrester compared this new tool to other third-party vendors Rxaminer, RxEOB, Subimo, and WebMD to see which heed consumers' call for a balance of clinical content and cost information. Whether they use these vendors or in-house solutions, health plans and PBMs must make sure to use the Scenario Design methodology to deliver a seamless user experience.

Healthcare Organizations Require Unique ROI For Service Desk Implementations
Healthcare requires very different success metrics and ROI calculations for service desk software, compared to other industries. Hospitals and other provider organizations ask that their service desks improve the quality of patient care and increase physician retention. But service desk vendors with specialized products for vertical industries are few and far between. Until vendors deliver vertical solutions, healthcare companies must articulate project goals in their RFPs and ask that vendors supply industry-specific customer references.

Pharma Firms: Ready For Collaborative Portals?
Forrester developed a diagnostic tool to help pharma firms determine their readiness to implement collaborative process portals. These next-generation portal projects -- not simple information access sites -- will streamline collaboration and increase drug target discoveries. Firms with distributed R&D teams will reap the benefits of secure meeting spaces, channel partner interactions, and, ultimately, Innovation Networks.

We are very interested in your feedback on our research. Do you have topics to recommend, data you would like to have, or technologies you want assessed? Drop me a line at bradholmes@forrester.com so we can connect.



Brad Holmes
VP and Practice Leader,
Healthcare and Life Sciences



Research Referenced In This Issue

Healthcare Organizations Require Unique ROI For Service Desk Implementations (37075)
Innovation Networks (34580)   
Pharma Firms: Ready For Collaborative Portals? (37071)
Pharma Marketers Show Mixed eDetailing Results (37123)
Rx Comparison Tools Come Of Age (36317)
Scenario Design: A Disciplined Approach To Customer Experience (35020)   
Telecom 2005 Spending Trends In Healthcare (37229)
What Employers Want From B2B Plan Sites (37069)


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