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7 P's of Fortis Hospital
7 P's of Fortis Hospital
MISSION:
VALUES:
Patient Centricity
Integrity
Teamwork
Ownership
Innovation
Perishability: Services are intangible, they cannot be packed & neither can be stored
nor can they be inventoried. The implication is that the service has to be produced
and consumed instantly; there is no scope of storage.
Product:
The product strategy and mix in Fortis Healthcare marketing strategy can be explained as
follows:
Fortis Healthcare and hospitals are one of the most well equipped medical centres, hospitals etc
which are spread across India. Fortis healthcare offers excellent medical services in its
marketing mix in several key areas including complex organ transplant surgeries, Orthopedics,
Mother and child health, Oncology, Cardiac Sciences etc. It operates 45 healthcare facilities
across several locations with approximately 10000 potential beds and 314 diagnostic centers
and several pharmacies. Fortis offers highly complex and innovative medical procedures with
consistent outcomes as it employs highly experienced and skilled doctors and has been using
precision robotic surgeries to reduce the recovery time and enhance the patient experience.
Fortis hospitals are also recognized by international agencies such as Joint Commission
International, USA and National Accreditation Board for Hospitals& Healthcare Providers, India
which have helped it gain considerable international visibility in terms of its quality of healthcare
for medical tourism.
Price:
Below is the pricing strategy in Fortis Healthcare marketing strategy:
Fortis healthcare is considered as a premium healthcare service provider as it competes in the
same segment as that of Apollo hospitals and Max hospitals with its offerings focusing on
patient experience by including world-class healthcare services and new technology to justify its
higher pricing. It also has several alliances with international partners such as Aetna, Bupa, GMC
services etc. for providing quality services.
Place:
Following is the distribution strategy of Fortis Healthcare:
Fortis operates its hospitals across several tier 1 and Tier 2 cities in India such as Delhi, Amritsar,
Kolkata, Mumbai, Mohali, Ludhiana, Jaipur, Chennai, Kota, Bengaluru, Gurgaon, Noida, Faridabad,
and Odisha. Its head office is situated in Unitech Business park in Gurgaon, Haryana. Fortis also
offers skype consultation with doctors to its patients regarding various procedures and surgeries
as well. Further it also has a medical Kiosk setup at Indira Gandhi International Airport.
Further Fortis has a dedicated website to provide key information about its hospitals and
practices to various customers and provides easy accessibility to them.
Promotion:
The promotional and advertising strategy in the Fortis Healthcare marketing strategy is as
follows:
Fortis promotes its services through traditional as well as digital media with newspaper adverts,
medical periodicals, YouTube and TV adverts. It has launched several awareness campaigns to
urge people to take control of their health such as NDTV-Fortis Health4U campaign and spread
cancer awareness campaigns with its most recent campaign focusing on urging people for
organ donation for needful patients. It spreads brand awareness through these campaign as well
as celebrity endorsements.
Since this is a service marketing brand, here are the other three Ps to make it the 7Ps marketing
mix of Fortis Healthcare & Hospitals
People:
As the service provided by Fortis is high contact service with high credence attribute, it employs
highly skilled doctors and staff consisting of administrators, ward boys, nurses, pharmacists, etc.
to run theses chain of hospitals. Further it offers academic sponsorship to its employees to
share their academic work in national and international conferences and offers incentives and
rewards for publishing their articles in medical journals.
Physical Evidence:
Fortis’ biggest physical evidence are its hospitals. As the healthcare services are high contact,
the Physical Evidence plays a major role for it as both service operations as well as service
delivery both visible to the customers. Fortis uses advanced healthcare management systems
for providing patient care services. The hospitals have won many accolades to prove their
success. They have standardized facilitating services which are offered in each hospital such as
reception, waiting area, cafeteria, etc. Further it offers specialized rooms such as ICU, baby care,
emergency wards etc.
Process:
Fortis hospitals have been adopting new technological advancements in their hospitals. The
potential customers can visit the Fortis website and can take an appointment for consultation or
plan their medical trip through it. They can also consult doctors online through skype. Further,
the hospitals have reception and casualty wards through which the patient get admitted in the
hospital. All the medical records are updated through their healthcare management system.
Hence this completes the marketing mix of Fortis Healthcare & Hospitals.