Healthcare Marketing Part 1
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Transcript of Healthcare Marketing Part 1
Healthcare Marketing
A look at the shift from traditional media marketing to digital marketing.
Healthcare Marketing:The New Marketplace-
The Old Model:Contacting health
professionals in when the patient is sick
The New Model:Connecting with potential
patients when they’re healthy
Compiled by Author from Sources: pwchealth.com
Healthcare Marketing:The New Marketplace-
Hospitals and health systems are spending more on advertising now than in the past
Their emphasis is on educating and engaging patients
Today hospitals, clinics, and medical professionals, all must build a brand that validates the quality of care
Healthcare Marketing:The New Marketplace-
There are sharp debates among healthcare marketing experts about how to present advertising in responsible and ethical ways
Providers need to convince patients that they are the highest-quality and most affordable option
Poorly designed communications or inconsistent branding will quickly diminish perceived quality of care
Healthcare Marketing:The New Marketplace-
Healthcare organizations recognize that patients have stronger financial incentives to shop around
They are now on the hook for an increasing portion of their healthcare costs
They also feel the burden of the steady increase in health plan deductibles, copays and coinsurance
Healthcare Marketing:The New Marketplace-
Over 2/3 of health systems expect their marketing departments to spend more time and resources influencing patients’ behavior
The industry is also now turning to value-based payments
More is not always better
Hospitals and doctors were slow to invest in marketing due to prohibitions that lasted until the 1980s
Healthcare Marketing:The New Marketplace-
For consumers, not only is the quality of care necessary, but convenience, price, and the digital experience of care are also important aspects of service
The role of physicians as decision-makers is undergoing a transformation
There is a shift in decision-making power away from doctors
Healthcare Marketing:The New Marketplace-
Patient Value 42% of Patients
26% of Patients
46% of Patients
47% of Consumers
• Want to use online ratings and reviews to compare and contrast care providers
• Would like to have up-front estimates of care cost
• Want the ability to use their mobile devices to search for physicians and their locations
• Would like to schedule appointments online
Compiled by Author from Sources: www.modea.com
Healthcare Marketing:The New Marketplace- Patient
ValuePatients and Consumers are
looking for:
39% would like pricing tools
32% would like additional
digital health and wellness
tools
29% would like electronic
communications with their
physicians or nurses
Compiled by Author from Sources: www.modea.com
Healthcare Marketing:The New Marketplace-
Marketers are Targeting both Consumers and PayersConsumers are Becoming Avid Researchers
Patients no longer blindly accept what a
doctor tells them
They do their homework before and after visiting a doctor
Doctors are Becoming Employees
Hospitals have been buying up practices in hopes of
forming integrated systems
When they become employees, they lose their ability to be final decision
makers
Why Doctors have less Power in Decision- Making:
Compiled by Author from Sources: dmn3.com
Traditional Media A look at traditional media for marketing and how it can still be a viable lead generation source.
Traditional Media:Why use it?
Traditional tools play an important role in maintaining relationships with existing customers
They can also can play a part in referral programs
The largest demographic currently being targeted is generally more comfortable with traditional approaches than digital
This is clearly shifting
Traditional Media:Why use it?
Many Engage in a Form of Traditional Media Every Day
Listen to the radio during the a commute
Reading the billboards when stuck in traffic
Watching TV in the evenings
Reading a magazine while waiting
Compiled by Author from Sources: marketingyourhospital.com
Traditional Media:Why use it?
Compiled by author from source: ssl.gstatic.com
Radio Ads-5.3%
Other Events- 5.6%
Newspaper Ads- 5.9%
Direct Mail- 5.9%
Open House- 5.9%
Walk-Ins-
6.1%
Community
Referrals- 6.6%
ENT/GP Referrals- 7.9%
Caregiver
Referrals- 8.0%
Patient Referrals- 8.7%
Impact of Marketing Channels on Growing Medical Businesses
Traditional Media:Why use it?
While digital advertising is pervasive in our culture, it is not considered as
trustworthyConsumers still trust
traditional channels of advertising
Over ½ say they trust newspaper, TV, radio,
magazines and billboards
More consumers say they do not trust the new
media platformsOver ½ don’t trust social media, online searches and videos, and banner
ads
Compiled by Author from Sources: marketingyourhospital.com
Traditional Media:Why use it?
Patients who used Offline
Media for Medical
Resources use:
32% of patients use TV
20% of patients use magazines
18% of patients use newspapers
Compiled by Author from Sources: getreferralmd.com
Traditional Media:Advantages-
Compiled by Author from Sources: info.thespotonagency.com
Reaches a Broader Audience
There is a greater chance of reaching clients that might have missed with a digital campaign
Messages Will Reach the Older GenerationOlder generations are less likely to use the internet for healthcareAlmost 4 in 10 Baby Boomers, a population that requires increased healthcare services, don’t use the internet
Traditional Media:Demographics- Baby
Boomers Boomers' willingness to adopt what's new and better may speed
progress in care technology
One example would be mobile health
78% of Boomers have searched for health information online AFTER seeing something on TV
Traditional Media:Demographics- Baby
Boomers They still rely heavily on traditional media channels for news and entertainment
They are also comfortable with and use the internet and social media
Most traditional media campaigns use a DR (direct response) strategy to target baby boomers
Firms use a mix of long- and short-form DRTV, DR print, DR radio and digital media
These platforms make it easier to educate existing customers and to attract new ones
Traditional Media:Demographics- Baby
BoomersTop Cable Networks for Women (55+)
Top Cable Networks for Men (55+)
Fox News Channel ESPN USA
Network
History TNT MSNBC
AMC Discovery A&E
CNN
Fox News Channel USA Hallmark
Channel
TNT HGTV Lifetime
MSNBC TV Land CNN
Investigation
DiscoveryCompiled by author from source: www.responsemagazine.com
Traditional Media:Demographics- Baby
BoomersDespite a longer life expectancy, boomers had higher rates of
hypertension, high cholesterol, diabetes and obesity
80% of Boomers think that their Doctors would say they’re healthy
85% don’t eat enough fruits and vegetablesAlmost 1 in 5 admit to exercising less that once a week
30% say they are stressed often or also most all the time
62% say they are overweight
Compiled by author from source: thehealthcaremarketer.files.wordpress.com
Traditional Media:Demographics- Baby
Boomers One defining boomer healthcare characteristic is their high physician-
trust level
They are more likely to check with their doctor than other sources to seek help with both illness and wellness
Boomers visit the doctor’s office more regularly and partake in health diagnostic testing and services more frequently
Traditional Media:Demographics- Physicians
Surveys have shown that physicians prefer more traditional marketing tactics
This includes direct mail and medical press articles
When promoting a product traditional channels have the most impact for physicians
They do still check online for information on products being marketed
Traditional Media:Demographics- Physicians
Medical professionals are tasked with an important job- They are responsible for the health of a community
This responsibility is not a light burden and medical professionals understand the gravity of their choices
Therefore they take the time necessary to have a thorough understanding of everything being presented to them
Traditional media is far more conducive to the close reading to reach that level of comfort in defining the product
Why do Physicians prefer Traditional Media?
Compiled by author from source: www.macromark.com
Contact Us for the Full Presentation:
Mediacontact USA Inc.13575 58TH Street North #160
Clearwater, Fl. 33760
T: 727 538 4112E: [email protected]
www.mediacontactusa.com
Works Cited
1. Barr, Paul. "Baby Boomers Will Transform Health Care As They Age." Hospitals & Health Networks, American Hospital Association, 14 Jan. 2014, www.hhnmag.com/articles/5298-Boomers-Will-Transform-Health-Care-as-They-Age. Accessed 13 Feb. 2017.
2. Brown, Bruce. "Successful Practices Use Marketing That Evolves with the Changing Healthcare Landscape." Hearing Review, 10 June 2016, www.hearingreview.com/2016/06/successful-practices-use-marketing-evolves-changing-healthcare-landscape/. Accessed 10 Feb. 2017.
3. CHASE, JAMES. "Healthcare Marketers: Don't Forget About the Baby Boomers." MM&M, Haymarket Media, Inc., 27 July 2016, www.mmm-online.com/technology/healthcare-marketers-dont-forget-about-the-baby-boomers/article/511775/. Accessed 13 Feb. 2017.
4. Dunlop, Dan. "Baby Boomers & Healthcare Marketing." The Healthcare Marketer, 11 Dec. 2014, thehealthcaremarketer.files.wordpress.com/2013/12/screen-shot-2013-12-09-at-1-46-40-pm.png. Accessed 13 Feb. 2017.
5. Google, and Complete. "The Digital Journey to Wellness." Google Confidential and Proprietary, 2012, ssl.gstatic.com/think/docs/the-digital-journey-to-wellness-hospital-selection_research-studies.pdf. Accessed 13 Feb. 2017.
6. Govette, Jonathan. "7 Medical Marketing Media Strategies That Really Work." ReferraMD, 7 Feb. 2015, getreferralmd.com/2015/02/7-medical-marketing-and-dental-media-strategies-that-really-work/. Accessed 13 Feb. 2017.
7. Greene, Jan. "Healthcare marketers reshape ad strategies." Modern Healthcare, Crain Communications, Inc., 30 Oct. 2015, www.modernhealthcare.com/article/20151030/MAGAZINE/310309995. Accessed 10 Feb. 2017.
8. "Healthcare branding, help them choose." Creative Co Oregon, www.creativeco.com/portfolio/healthcare-marketing. Accessed 10 Feb. 2017.
Works Cited
1. Honigman, Brian. "24 Outstanding Statistics on How Social Media Has Impacted Health Care." ReferraMD, 2007, getreferralmd.com/2013/09/healthcare-social-media-statistics/. Accessed 13 Feb. 2017.
2. Kelley, Susie. "The Pros and Cons of External Marketing for Healthcare." Spot On Says, 9 May 2016, info.thespotonagency.com/the-pros-and-cons-of-external-marketing-for-healthcare. Accessed 13 Feb. 2017.
3. Klein, David. "Marketing in the Healthcare Industry: Direct Mail Is Still Preferred." Macromark, 20 Apr. www.macromark.com/blog/marketing-in-the-healthcare-industry-direct-mail-is-still-preferred. Accessed 13 Feb. 2017.
4. Lockard, Pamela. "5 Healthcare Marketing Trends to Watch in 2016." DMN3, 16 Mar. 2016, www.dmn3.com/dmn3-blog/5-healthcare-marketing-trends-you-should-know-about. Accessed 10 Feb. 2017.
5. Marchak, Emily. "How to Market Healthcare to All Generations: Baby Boomers." Brogan & Partners, 16 Sept. 2015, brogan.com/blog/how-market-healthcare-all-generations-baby-boomers. Accessed 13 Feb. 2017.
6. McCrea, Bridget. "The Healthcare Market Booms!" Response Magazine, Questex, LLC, 1 Feb. 2014, www.responsemagazine.com/direct-response-marketing/healthcare-market-booms-6857. Accessed 13 Feb. 2017.
7. McMichael, Chase. "Should Hospitals Be on Facebook? Social Media Marketing for the Healthcare Industry." Marketo Marketing Blog, Marketo, Inc., 27 Nov. 2013, blog.marketo.com/2013/11/should-hospitals-be-on-facebook-social-media-marketing-for-the-healthcare-industry.html. Accessed 13 Feb. 2017.
8. Mortimer, Tina. "5 Old-school Healthcare Marketing Techniques That Still Work." Bluespire Marketing, 2 Aug. 2016, bluespiremarketing.com/blog/August-2016/5-old-school-healthcare-marketing-techniques. Accessed 13 Feb. 2017.
Works Cited
1. Ottenhoff, Mollie. "Infographic: Rising Use of Social and Mobile in Healthcare." The Spark Report, 17 Dec. 2017, thesparkreport.com/infographic-social-mobile-healthcare/. Accessed 13 Feb. 2017.
2. Palmer, Eleanor. "3 Ways That Traditional and Digital Marketing Work Together." EnVeritas Group, 13 Mar. 2015, enveritasgroup.com/campfire/3-ways-that-traditional-and-digital-marketing-work-together/. Accessed 15 Feb. 2017.
3. PwC. "Social media “likes” healthcare: From marketing to social business." PwC Health Industries Redirect, Apr. 2012, pwchealth.com/cgi-local/hregister.cgi/reg/health-care-social-media-report.pdf. Accessed 10 Feb. 2017.
4. Quinn, Kristen. "Top 20 Social Networks for Doctors and Healthcare Professionals." UpCity, 22 June 2016, upcity.com/blog/top-20-social-networks-for-doctors/. Accessed 13 Feb. 2017.
5. Schluter, Ben. "Patients Are Consumers Part II." Modea, 2 July 2015, www.modea.com/blog/posts/patients-are-consumers-part-ii. Accessed 10 Feb. 2017.
6. Ventola, C. Lee. "Social Media and Health Care Professionals: Benefits, Risks, and Best Practices." PubMed Central (PMC), Pharmacy and Therapeutics, July 2014, www.ncbi.nlm.nih.gov/pmc/articles/PMC4103576/. Accessed 13 Feb. 2017.
7. Warren, Jimmy. "Traditional Advertising or Digital to Market Your Hospital? Yes!" MARKETING YOUR HOSPITAL, marketingyourhospital.com/2015/06/01/traditional-advertising-or-digital-to-market-your-hospital-yes/. Accessed 13 Feb. 2017.