How I Built a Thriving Company Around Empathy
January 28, 2020 • 4 minute read • Newsroom
Like many young people starting their careers, I knew I wanted to change the world, but I didn’t have a clear vision for how. I graduated college during an economic downturn and had limited job prospects but was armed with an incredibly deep curiosity and ability to think about problems from different perspectives. Fast forward several years, a few different titles, a resume of experience in market analysis and problem solving, and a deep-seated belief that consumers deserve a better experience – and I found myself founder and CEO of Quantum Health, a growing healthcare navigation and care coordination company that is changing the lives of people across the country. I can finally say, I’ve found my purpose and my passion.
The idea of solving business problems by looking at human behaviors and the human condition intrigued me. But using research and data to understand how and why consumers make purchase decisions at retail – Spoiler alert: It’s not about price –so a company could sell more blouses, wasn’t exactly the higher calling I envisioned.
I knew in my heart that if we changed the consumer experience, we could change lives and improve business. But the real “ah-ha” moment came after I left my job in consulting, completed law school and began working with a small group of healthcare providers to help them understand how they could improve patient compliance (aka, get patients to follow doctors’ orders) and outcomes, while driving cost out of the system.
Ironically, as an industry, healthcare is characteristically not consumer centric. But as I continued to dig deep and lean into the problem, I held fast to the belief that the best solutions always come from a deep understanding of the consumer experience and an empathy and appreciation for consumers as people, not just another sale or transaction.
If you or a loved one has ever had an acute healthcare need or chronic condition, you know that consumers are like balls in a pinball machine, being bounced around from one provider to another with no clear direction. And they’re forced to make decisions and do research at a time when they’re stressed, preoccupied, and often not thinking clearly. The system was crying out for a better, more consumer-centric approach, and my research revealed that the employer-sponsored health plan would be the best place to start
So, I followed consumers, over 3,000 of them, through their healthcare journeys and interactions with their health plans and providers. I began asking “And then what?” and “What if?” and “How can we make this better?” This ultimately led to the evolution of my company, which is based on a proprietary use of real-time data, along with a team of expert care coordinators™ who are trained on how to use empathy to interact with consumers early in their healthcare journeys to positively influence their experience and outcomes.
You go through a lot of iterations as you’re building a company, but if your compass (or true north) is always focused on the needs and experience of your consumer, you’ll find a quicker path to success. Here are a few of the lessons I have learned along my own journey as an entrepreneur and business leader.
As an entrepreneur, your focus may ultimately be on the bottom line, but remember: The road to profitability and growth is paved with a keen understanding of the consumer journey and a team that shares your passion for changing lives.
Kara Trott founded Quantum Health, the first consumer healthcare navigation and care coordination company, because she saw a need for a more consumer-centric healthcare experience. Early in her career, Kara designed research-based consumer intercept strategies for major consumer brands, like Citibank, Ford, Walmart and Coca-Cola. For over 20 years, Quantum Health has helped employees realize a better healthcare experience, while delivering cost savings for employers. Learn more about our Quantum Health at https://quantum-health.com.
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