Ekohealth was founded in 2011 by Dr. Akash Rajpal to connect patients with healthcare providers without referral fees. It focuses on middle-class families, seniors, and the uninsured. Ekohealth has a network of over 2000 providers like pharmacies and labs. As it expands, Dr. Rajpal is considering changing pricing to make healthcare affordable and profitable. One option is keeping membership fees standard for all customers, while another is varying fees by customer segment based on needs and ability to pay. The team recommends keeping membership fees constant but charging a percentage of savings so fees reflect value received.
Ekohealth was founded in 2011 by Dr. Akash Rajpal to connect patients with healthcare providers without referral fees. It focuses on middle-class families, seniors, and the uninsured. Ekohealth has a network of over 2000 providers like pharmacies and labs. As it expands, Dr. Rajpal is considering changing pricing to make healthcare affordable and profitable. One option is keeping membership fees standard for all customers, while another is varying fees by customer segment based on needs and ability to pay. The team recommends keeping membership fees constant but charging a percentage of savings so fees reflect value received.
Ekohealth was founded in 2011 by Dr. Akash Rajpal to connect patients with healthcare providers without referral fees. It focuses on middle-class families, seniors, and the uninsured. Ekohealth has a network of over 2000 providers like pharmacies and labs. As it expands, Dr. Rajpal is considering changing pricing to make healthcare affordable and profitable. One option is keeping membership fees standard for all customers, while another is varying fees by customer segment based on needs and ability to pay. The team recommends keeping membership fees constant but charging a percentage of savings so fees reflect value received.
Ekohealth was founded in 2011 by Dr. Akash Rajpal to connect patients with healthcare providers without referral fees. It focuses on middle-class families, seniors, and the uninsured. Ekohealth has a network of over 2000 providers like pharmacies and labs. As it expands, Dr. Rajpal is considering changing pricing to make healthcare affordable and profitable. One option is keeping membership fees standard for all customers, while another is varying fees by customer segment based on needs and ability to pay. The team recommends keeping membership fees constant but charging a percentage of savings so fees reflect value received.
Devender Kumar (017) Meghna Chauhan (037) Nainy Jarodia (038) Pawandeep Pabla (045) Shalaka Godbole (055) 5C Analysis Company: Started in 2011 by Dr. Akash Rajpal to eliminate the referral fee system and ethically bridge the gap between patients and health care provider.
Customer: The company primarily focused on middle-class families, senior
citizens and customers without insurance coverage. Another potential segment was the corporate sector.
Collaborators: An extensive network of more than 2000 healthcare service
providers like Apollo pharmacy, SRL Laboratories etc.
Competitors: The company faced competition from the hospitals involved in the cartel of referral fees.
Context: Inorder to facilitate ethical healthcare practices between patients and
health care providers, Dr. Rajpal Started Ekohealth but now they need to revisit their pricing strategy and charge patients differently. Problem Statement
As Ekohealth is planning to expand into other metropolitan
cities and tier 2 cities, Dr. Rajpal is considering changes in pricing strategy such that healthcare is affordable for patients as well as profitable for Ekohealth. Alternatives
Ekohealth can keep the Another approach that can be
membership fee standard for taken is to keep membership all customer segments fee different for various irrespective of their age and segments as per the service savings. requirements and paying capacity. Recommendation
We recommend that Ekohealth should keep constant membership fee
for all customer segments. However, charge them a certain percentage on their savings so that fee paid can be attributed to the value received. Thank You !!