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by Tony Chen
Just a few days ago, I shared my thoughts about Revolution Health's nifty new beta site. It was the most compelling preventive health product for individuals that I've ever seen. Yes, I do mean that.
But how about some serious healthy competition from US Preventive Medicine? Ever heard of these guys? You should get to know them - I believe they could very well be Revolution Health's most formidable competitor. Check out the letter they just wrote (PDF) to the American public in a full-page ad in the WSJ on Wednesday. I know that they must have gotten a great response because they nailed it. And kudos to them for believing in it and dreaming big - for announcing it in WSJ, not in Modern Healthcare, for thinking through web and media strategies (and not just doing a portal), and for partnering with hospitals and physicians instead of ignoring them. Just like Revolution, these guys also want to be the "household" name in preventive medicine. Just as Kleenex is to tissue paper, just like Xerox is to a photocopy, USPM could be to preventive health. Their tagline nails it, too: "more good years."
From what I can gather and share with you all at this point, I've already eluded to one of the main differences between USPM and Revolution Health: USPM is partnering with hospitals and physicians, Revolution Health is not (and when I say, "is not," I'm putting it nicely).
I honestly can't think of another business example in which you are banking on the open-mindedness and innovative spirit of hospitals. Aren't hospitals at the bottom of the heap in the area of business innovation? Nonetheless, prevention is such a long time coming, and I'm willing to bet that there are progressive hospitals out there that will outright surprise you with their ability to be nimble and out-of-the-box. Plus, I'm guessing there's room for the both of them.
Would it be fair to compare USPM & Revolution Health to Blockbuster & Netflix? Hear me out. The recent ads for Blockbuster highlight a very distinct advantage: you can rent DVDs via their website and get it mailed to you OR you can still go to the store. Netflix is website / mail only. Similarly, Revolution Health is really just a really robust web portal (with some phone coaching and other goodies / tools). USPM is prevention both through a robust web portal AND physical Centers for Preventive Medicine across the country.
Whatever happens, know this - preventive health is too big, too important, and too overdue for this to just be a fad. Someone's gonna figure out how to monetize prevention (read: decreasing hospital utilization) and make billions.