How the Healthcare Industry Must Evolve for Millennials and their Children

In CIO/IT by Shelly Kramer2 Comments

How-the-Healthcare-Industry-Must-Evolve-for-Millennials-and-their-ChildrenWhile the attitudes, preferences, and needs of the Millennial generation have definitely been high on the minds of the business sector in recent years, they probably haven’t registered too high up the list of priorities for the healthcare industry. In today’s rapidly evolving digital landscape, that’s something that needs to change. The oldest Millennials are now having their first children, and, as a consequence, are becoming more aware of health issues and more frequent users of health services. This means big changes are on the horizon for healthcare professionals, administrators and, in particular for healthcare industry CIOs who will need to adapt to meet the changing habits of the people they serve.

Why Millennials are Driving Change

If you’ve raised your own kids, you’ll remember that when they’re little, they are non-stop sick. As such, the cohort of young millennial parents are much more likely to come into contact with health services, and to be seeking health related information. That’s a trend that will only be on the increase as their parents move into their later years and find themselves with greater healthcare needs. Why is that important? Study after study has revealed how the millennial generation, generally defined as those born between 1977 and 1993, have grown up in a digital world that has shaped the way they think and act in all aspects of their lives. Millennials are reshaping retail consumerism, so why would the consumption of health services be any different?

Surrounded by rapidly evolving technology from the word go, millennials are tech savvy and focused on using the Internet—and particularly their mobile devices—to simplify their lives, find information, and engage with one another on social networks. They largely rely on—or hope to rely on— their mobile devices in order to communicate with doctors, pharmacists, and other healthcare providers, with their preferences leaning towards texting over face-to-face interactions. This group is also a big consumer of video, not just for entertainment, but also as a means of finding information. This all means they are looking for solutions that health care providers may not yet be in a position to provide. Therein lays the challenge that healthcare CIOs face in the digital age.

The Scale of the Challenge 

Global consultancy Communispace reports that, “As political, financial, and technological forces combine to remake the healthcare landscape, Millennials are highly dissatisfied with the current state of healthcare in America. As a result, today’s young adults have developed alternative approaches to managing their health and wellness.” Here’s a closer look.

Healthcare and health insurance. More than a third of the millennials surveyed said that they rate U.S. healthcare as “poor” or “terrible,” with almost half laying the blame straight at the door of government. More than a quarter (26 percent) blame health insurance companies for the state of healthcare today.

Alternative treatments. Just over half (55 percent) of millennials said they would go to a doctor right away if they discovered a lump on their neck, compared to almost three-quarters (73 percent) of non-millennials. Even those who would end up going to the doctor would be more likely than those in the non-millennial group to self diagnose and try treatment at home before doing so.

Work/life balance and breaks from technology. Less than half of millennials said they consider traditional check-ups, screenings, vaccinations, self-examinations, and health insurance as being a part of maintaining their health and wellness. A higher proportion of respondents considered a healthy work/life balance as being of more value. In fact work/life balance ranked higher than all the other above considerations. And, interestingly enough, a higher proportion of millennials than non-millennials said that unplugging from the technology was important to their overall health and wellbeing. Perhaps they’re finally wising up to the toll being constantly connected can take on one’s wellbeing.

This infographic from Communispace illustrates some of the main findings from the report.

infographic from Communispace

Clearly, many of today’s young adults are seeking alternatives to more traditional approaches to their health.

Creating Healthcare for the Millennial Generation

So from a CIO standpoint what does all of this mean, and how should CIOs go about creating healthcare services millennial users will want to engage with? Many hospitals and healthcare providers are already creating digital records and using text messaging and email to confirm appointments, check in on patients, provide care instructions, and/or other step-by-step directions a parent might need when caring for a child. But to fully engage they need to go further.

Cross platform access. Digital records need to be integrated across health services and information has to be provided in a format available across multiple platforms and devices.

Information all the time, anywhere. Millennials have grown used to finding information when and where they want it. Healthcare is no longer confined to the hospital and physicians’ offices and IT services need to reflect that.

Wearable tech and healthcare apps. Millennials are more likely to use healthcare apps and health tracking devices. No surprisingly, as millennials have grown up “sharing” their lives online, more than a quarter of those surveyed said they were willing and eager to share health data with employers, insurers, providers, and brands, providing they see clear value in return. They also expressed fewer concerns about privacy and security concerns about doing so. Health IT systems need to be able to tap into this data source.

CIOs and their healthcare IT teams clearly need to react by having systems in place to meet the needs of this new breed of healthcare user. Allowing quick and easy access to services and information, as well as the ability to interact with the their own data, will be key to gaining the trust and patronage of the millennial generation.

Corey Schwartz, managing director of Communispace Health sums this up neatly, “Millennials are not only the healthcare consumers of the future, but—as many continue to or begin caring for their aging parents—the present as well. For brands seeking their business in traditional health sectors and beyond, it is critical to work with, not against, their unique set of healthcare values by embracing institutional aversion and self-reliance, providing tools for empowerment and connection, and expanding your own notions of health and wellness.”

You can find out more about “Health Without Borders: How Millennials are Reshaping Health and Wellness,” and some analysis of the results, by viewing this video presentation from report author Katrina Lerman.

8 Things Brands Need to Know about Millennials and their Health Webinar from C Space on Vimeo.

The Communispace study would seem to suggest there is much work to be done by the healthcare industry in order to integrate systems and services with the needs of the millennial generation. That presents healthcare providers with a great opportunity, but one that will only work if the carrot is used—and not the stick. What do you think the priorities for CIOs and IT teams should be to meet that challenge? As always, I’m interested in hearing your thoughts.

Additional Resources on this Topic:

What Do Millennials Want from the Healthcare System?
Millennial Parents have it Much Tougher Than Their Parents Did
The Brave New World of Modern Medicine: Healthcare Meets the Digital Age

This post was written as part of the Dell Insight Partners program, which provides news and analysis about the evolving world of tech. For more on these topics, visit Dell’s thought leadership site Power More. Dell sponsored this article, but the opinions are my own and don’t necessarily represent Dell’s positions or strategies.


photo credit:
The Stethoscope via photopin(license)

Shelly Kramer is a Principal Analyst and Founding Partner at Futurum Research. A serial entrepreneur with a technology centric focus, she has worked alongside some of the world’s largest brands to embrace disruption and spur innovation, understand and address the realities of the connected customer, and help navigate the process of digital transformation. She brings 20 years' experience as a brand strategist to her work at Futurum, and has deep experience helping global companies with marketing challenges, GTM strategies, messaging development, and driving strategy and digital transformation for B2B brands across multiple verticals. Shelly's coverage areas include Collaboration/CX/SaaS, platforms, ESG, and Cybersecurity, as well as topics and trends related to the Future of Work, the transformation of the workplace and how people and technology are driving that transformation. A transplanted New Yorker, she has learned to love life in the Midwest, and has firsthand experience that some of the most innovative minds and most successful companies in the world also happen to live in “flyover country.”

Comments

  1. I wonder when the day will be that all medical patients have a QR code stored in their smart phones or tattooed on their skin.

    Agreed that the healthcare industry has been slower to adapt to technological advances… at least those related to communicating with those they serve. So much of their time is spent navigating insurance issues during “office hours” that consolidating document management into digital records and apps gets put on the back burner. Perhaps physicians’ offices would benefit from outsourcing the IT Management to a company like ASI (http://www.asibiz.com/) instead of trying to understand and implement the changes themselves.

  2. Pingback: How The Healthcare Industry Must Evolve For Millennials And Their Children [VIDEO]

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