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Extending lifetime value masterclass

OVERVIEW
For healthcare clinics looking to maximise revenue without significantly increasing acquisition costs, focusing on the lifetime value (LTV) of your existing patient base is key. This intensive two-hour masterclass will equip clinic managers and decision-makers with technical and strategic insight to drive sustainable growth by growing revenue per patient.

Together, we’ll explore:

Understanding Patient Lifetime Value (LTV):

  • What LTV means in the context of healthcare clinics and its impact on long-term revenue.

  • How to calculate LTV using metrics like average revenue per patient, retention rate, visit frequency, and cost of service.

  • Strategies for increasing LTV through tailored care plans, patient education, and service extension.


Optimising Unit Economics:

  • The importance of unit economics in clinic profitability, including cost-to-serve analysis.

  • Techniques to reduce cost per appointment while maintaining or enhancing patient care quality.

  • Leveraging economies of scale in clinic operations to improve financial efficiency.


Patient-Level Profitability:

  • Segmenting patients based on profitability and engagement levels to prioritise retention efforts.

  • Analyzing variable costs and contributions for different patient types.

  • Building strategies to increase margins for low-profitability patients.


Marketing Payback Periods and Return on Ad Spend (ROAS):

  • Calculating the payback period for marketing investments, including rebooking campaigns and loyalty programs.

  • Identifying the most effective channels for engaging existing patients (e.g., SMS, email, apps).

  • Balancing acquisition costs with retention efforts for optimal resource allocation.

AUDIENCE
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Reserved for practice leaders, managers, and finance directors.

AVAILABILITY
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Pre-enrollment now open
> Enquire at team@coherenthealthcare.com

ADMISSION
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General admission £149.00
> Coherent member £59.00

Previous
Previous
10 February

Communication to drive loyalty