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Healthcare Huddle Rewind 2023
I write this to you at around 4:30 AM on 12/28. Itâs my ânight offâ from my two-week block of nights in the hospital, and my sleep schedule is so backwards my brain wouldnât let me sleep.
Iâm in NYC. Itâs raining. I have my French Cafe Mix playing. I just finished my espresso shot.
What better time to reflect on 2023 than now?
Stats and Reflection
Below I share some stats and reflections:
1) I published 51 Healthcare Huddle articles, and todayâs newsletter is number 52.
At this point, writing the weekly Healthcare Huddle newsletter is so embedded in my weekly routine itâs like brushing my teeth. Often times Iâm energized to write, other times Iâm dreading to writeâbut it always gets done. âLearningâ is my primary motivator to write content. Thereâs no better way to learn than following where your curiosity takes you and distilling what you learn into a succinctly written piece. âJoyâ is my secondary motivator. I receive such joy out of simplifying complex topics for my Huddle audience, and the feedback I get from it makes it all more worthwhile.
2) My most read articles included:
My most read and engaging articles were also the most challenging ones to write. Theyâre complex, nuanced, and emotionally charged (especially the one on private equity). At one point, I stressed about taking on complex topics like the ones above. But Iâve learned to let my curiosity drive my contentâwriting becomes less stressful and more fun when I take this approach.
3) I relaunched Huddleâs Referral Program, averaging 3 referrals per subscriber with at least one referral (tbh I didnât expect this rate, I thought itâd be closer to 1). Read more about the referral program here.
The referral program was something I threw together within a week or so. Itâs technically a ârevampâ of the original referral program I launched back in 2020, however, there are more useful rewards this time (e.g., âHealthcare Starter Packâ, âMy Healthcare Huddle Writing Processâ, âInefficiency Insightsâ) that arenât tangible but rather educational. The referral program is meant to benefit you and me: you refer someone, you get rewarded for it, and my audience grows. However, thereâs an additional insight Iâve gained from this referral program.
First, the referral program has helped me identify my âTrue Huddlers.â These are folks who are outstandingly engaged (defined by an open rate >74%, click rate >10%, or referral >0). Out of the ~30,000 of you in the audience, ~13,000 meet this criteria, which bewilders me. It reinforces that I should probably raise the criteria even more to identify the âTruest Huddlers.â
Second, word-of-mouth endorsement is immensely valuable. The segment of referred Huddlers is some of my most engaged audience, with an average open rate of 65% and an average click rate of 10%. These numbers might not mean much for those not writing newslettersâbut know that theyâre quite remarkable!
2024 and beyond
As we head into 2024, I have one goal for Healthcare Huddle: launch a paid membership channel called Huddle+.
The additional features will include another weekly newsletter called Inefficiency Insights (also a referral reward right now), a twice-per-quarter Healthcare Trends deep dive, and an educational community. These are features I believe will bring great value to those in my audience who are:
âŠactively trying to improve the healthcare system but want more insights into the systemâs problems at all levels (patient, physician, administration).
âŠwanting to break into healthcare but want more resources to learn more about the nuances and trends.
I plan to start teasing some of the features in the first quarter of 2024, with the goal to launch in the second quarter to the first 50 Huddlers on the Huddle+ waitlist.
If youâre interested in joining Huddle+, save your spot below.
My final note
I appreciate your readership and encourage you to reply back to this email with any thoughts you may have about Healthcare Huddle specifically, or the healthcare system in general. I would love to know what youâre looking forward to in 2024!
What are you most looking forward to in healthcare in 2024? |
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