5 Key Strategies for Selling into a Health System

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Snapshot

  • Identify an internal product champion.
  • Understand customer-specific needs.
  • Involve numerous stakeholders.
  • Ensure stringent security and compliance.
  • Adopt flexible pricing strategies.

Overview

Here are the top five strategies to effectively sell your product into a health system:

  1. Find a Champion: Engage an advocate within the system who can help you refine and promote your product on a regular basis.

  2. Know Your Customer: Understand the nuances of your customer, be it an Integrated Delivery Network (IDN), regional hospital, or clinic. Each has unique buying decisions and incentives.

  3. Engage Multiple Stakeholders: A successful deal usually involves 20 to 50 people. So, refrain from relying on one or two leaders and continue to interact with multiple stakeholders.

  4. Prioritize Security and Compliance: Ensure your security and compliance measures are impeccable. Be prepared for any requirements, be it HITRUST, SOC 2, or insurance.

  5. Be Flexible with Your Offer and Pricing: Be willing to adapt your offer and pricing, especially for initial deals where clients are taking a risk on your unproven product.

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