Healthcare institutions leverage grateful patient programs to identify potential donors from a list of patients and move them through the donor cultivation cycle. A key component of a grateful patient program is patient screening, which helps healthcare organizations learn more about patients and how they may fit into the major gift cycle.
iWave’s Patient Screening is built on a foundation of customization and transparency that is the first of its kind. It enables development departments to segment hundreds or thousands of patients you know very little about into a prioritized list of prospects with the greatest capacity and inclination to donate a major gift to your healthcare organization.
iWave’s Patient Screening leverages classic wealth screening technology but bypasses the manual upload process using an automated, drag-and-drop file transfer protocol (FTP). It is typically used at regular intervals, often daily, though sometimes monthly, to match patients to wealth and philanthropic indicators, in full compliance with HIPAA regulations.
iWave’s Patient Screening works by matching individuals to information in iWave’s database: the industry’s most comprehensive source of wealth, philanthropic and biographic records. The results will identify specific patients who have propensity (or inclination), proven affinity to healthcare, and capacity to give large donations. Patient screening is a powerful component of proactive, predictive grateful patient program and iWave’s transparent and customizable screening allows you to do it with confidence.
Get a comprehensive view of the patient, focusing not only on their capacity but also on their propensity to give, and proven affinity to healthcare.
Have confidence in the results because the patient scores are completely transparent and tailored specifically to your healthcare organization. iWave will always show you how patient scores were derived and what records were matched.
Profiles stay up-to-date because you can add new information and refresh results at any time.
Not only does iWave Patient Screening deliver a list of individuals prioritized based on their capacity and inclination to give to your capital campaign or development project, it also analyzes internal data to identify the areas of opportunity within your patient database. iWave Insights builds on the analysis of traditional wealth screening and capacity scoring which analyze external wealth and philanthropic information to generate an iWave Score. Insights combine this rating with an analysis of the individual’s internal giving history (RFM Score) with your institution. This enables you to efficiently analyze and segment your database to more effectively action patients and make major gift asks with expert precision.
Build efficiency into your fundraising with iWave’s robust integrations and powerful API. Regardless of your donor management system, you’re able to enrich your existing data with iWave’s billions of wealth and philanthropic records to identify new prospects and learn more about current donors. Equipped with this real-time information, you can now begin the cultivation of patients with the potential to become major gift donors to your capital campaign or development project. Both iWave integrations and the iWave API can be used to score patient and prospects individually or in a batch.
Before using iWave Screening I was individually researching thousands of people. It was really slow and involved a lot of guesswork. Now I can screen prospects across all kinds of data and pinpoint the top percentage who come back above a certain threshold—that takes half an hour. iWave Screening has helped us exceed our fundraising goals every year.”