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Hi, I’m Paul!
Meet the Authors
Katie Sorce Lisa Barone Paul Fahey
“Half the money I spend on
advertising is wasted; the trouble
is I don’t know which half”
- John Wanamaker
When the Smith & Jones team wrote our Healthcare
Marketing book, Under the Influence, back in 2018, we
reported corporations were only tapping into about 5
percent of their data.
In 2021, Wanamaker’s words still ring true as businesses
struggle to organize and understand the abundance of
data available to them. Now, with a pandemic and even
tighter budgets, it’s time for healthcare organizations to
be able to prove what’s working and what’s not once and
for all.
It’s time to work like a Growth Marketer.
Agenda
What steps can healthcare systems and hospitals take to
better use and understand their data? In this webinar you’ll
learn:
• Marketing ≠ Advertising
• What is “growth marketing”
• Why hospitals need to think like lead-gen sales
organizations
• The metrics that matter - top, middle, and bottom-funnel
• Best practices for driving growth in each journey stage
• Tools to create dashboards that trustees will read and
actually understand
What is “Growth Marketing”
Let’s get on the same page
• Marketing is a broad term that
encompasses all the activities a
company does to promote and sell
its products or services.
• Advertising is a specific tactic within
the larger marketing strategy.
Let’s get on the same page
• Marketing focuses on building
relationships with customers and
making sure they know what products
or services your business provides.
• Advertising focuses on getting specific
messages out to your target audience in
order to generate sales.
Growth Marketing
Growth marketing is a strategy focused on long-term, sustainable
growth. It combines traditional marketing tactics with data-driven
approaches to drive meaningful results.
The benefits of growth marketing for hospitals and health systems
include increased website visibility, improved website
performance, and increased customer engagement. Additionally,
it can help increase website traffic, leads, and conversions
Growth Marketing - Example
Content Marketing
Content marketing is a growth
marketing tactic used to attract and
engage customers by providing
useful, relevant, and valuable
content. For hospitals and health
systems, this could include creating
informative blog posts, eBooks,
whitepapers, and videos about
various health topics.
Growth Marketing - Example
Search Engine Optimization
Search engine optimization (SEO) is
another growth marketing tactic
used to improve a website’s visibility
in search engine results. For
hospitals and health systems, this
could include optimizing website
content for relevant keywords,
improving page load times, and
improving website usability.
Growth Marketing - Example
Conversion Rate Optimization
Conversion rate optimization (CRO)
is a growth marketing tactic used to
improve the performance of a
website or landing page. For
hospitals and health systems, this
could include testing different page
layouts, testing different call-to-
action buttons, and optimizing form
fields.
Marketing as a Revenue
Generating Department
Key Challenges
• Increased accountability for return on marketing spend (ROMS, not ROI)
• ”Growth Marketing” brings marketing and IT together
• In the boardroom
• On org charts
• And in the entire digital continuum from ads to enterprise software
• Automated measurement capabilities
• Tools and talent in place?
• Market segmentation for one-to-one patient-centric marketing
• Integration of CRM and marketing/communications
funnel
• One-to-one marketing using the health engagement cycle
• Track touch points that lead to new patients
• Return on marketing spend (ROMS), in real time.
• Net revenue per patient is the ultimate goal. Elusive, for
most of us.
A little deeper than 101 level course
CRM-Integrated Marketing
with an Emphasis on One-to-One,
Patient Centric Digital Tactics
CRM-Integrated Marketing
with an Emphasis on Digital Tactics
CRM-Integrated Marketing
with an Emphasis on Digital Tactics
Media Shift (esp during/after COVID)
13%
39%
48%
ChangesinTraditional MediaBudgets
Increasing
Decreasing
Remainingabout the same
84%
14%
2%
ChangesinDigital MarketingBudgets
Increasing
Decreasing
Remainingabout the same
Benefits
• Greater response rate on marketing initiatives
• Demonstrated ROMS through downstream revenue
of procedures and encounters
• Predictive modeling provides targeted marketing
and one-to-one patient communications
• Revenue growth within current patient base
• Improved patient experience and clinical outcomes
• Improved brand perception
Health System CRM Data: 101
How it Works
• Growth Marketing Strategy relies on the CRM
• CRM insights help us see buying signals, understand
behavior, and optimize campaign efforts
CRM
Know
Your
Patients
Integration
of Data
Sources
Tracking All
Touch Points
Data Driven
Strategies
How it works
Lead Generation/Conversion Tracking
Integrate and Connect Silos
Growth
Marketing
Strategist
Why Patient-Centric Marketing Matters
Health Engagement Cycle
Patient-centric Targeted Marketing
Sample Campaign: Bariatrics
Program Objectives: Bariatrics
Identify/engage prospective patients, then assist them through
and shorten the decision- making cycle for considering bariatric surgery.
Advertising
CTA: Information Sessions/Call
Lead generation, capture to CRM, Automation, Retargeting
Educational sessions
Scheduled consultations
Weight loss program
Program Objectives: Bariatrics
Facilitate pre and post-surgical education to drive behavior change.
Completion of patient program
Completion of weight loss program
Email open rates, drip email campaigns
Completion of calls to action
Program Objectives: Bariatrics
Lead patients to better health outcomes by keeping them “on track” and
engaging them much like a retailer would.
Keeping weight off KPIs
Patient Engagement Cycle
• search
• evaluate/plan
• qualify/prepare
• surgery
• follow-up
• behavior change
• success
Before and After (and both!)
Interactive patient education
and online patient assessment
Mobile enabled experience
from the beginning
Online chat for those with
hesitations
Direct connect for scheduling
appointments
Pre-surgical Engagement
Post-surgical Engagement
• Push notifications
• Reminders via SMS
• Micro educational content
• Device integration
• Aligned with clinical protocols
Demonstrating ROMS in Realtime
Streamline Reporting
• Patients per service line
• Profiles
• Cross-marketing of services
• Patient comm preferences
• Touch points of patients throughout system
• New patients vs. recurring patients
• Procedure targeting
• Claims ($) per patient/procedure, by physician
Sample Dashboards
Sample Dashboards
Sample Dashboards
What This Means to You
• Growth Marketing relies on Strategy and Data (CRMs).
• CRM-Integrated Marketing systems of today are a
user- friendly business intelligence system
• Provides data to move the dial on your organization’s
business goals
• Segments your service lines and markets to allow for one-
to- one patient-centric marketing
• Automates measurements
• Ties your marketing tactics to downstream revenue
Final Considerations
• Organizational goals
• Service line growth strategies and objectives
• Infrastructure and processes
• Staff training and expertise
• Integrate departments and technologies
• Who to involve
• Marketing
• IT
• C-suite
• Patient experience teams
• Business development
• Service line VPs or directors
• Communications team
Questions and Conversation?

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[ Smith & Jones Webinar ] 2023 Healthcare Marketing Trend: Leveraging Growth Marketing

  • 1.
  • 3. Meet the Authors Katie Sorce Lisa Barone Paul Fahey
  • 4. “Half the money I spend on advertising is wasted; the trouble is I don’t know which half” - John Wanamaker
  • 5. When the Smith & Jones team wrote our Healthcare Marketing book, Under the Influence, back in 2018, we reported corporations were only tapping into about 5 percent of their data. In 2021, Wanamaker’s words still ring true as businesses struggle to organize and understand the abundance of data available to them. Now, with a pandemic and even tighter budgets, it’s time for healthcare organizations to be able to prove what’s working and what’s not once and for all. It’s time to work like a Growth Marketer.
  • 6. Agenda What steps can healthcare systems and hospitals take to better use and understand their data? In this webinar you’ll learn: • Marketing ≠ Advertising • What is “growth marketing” • Why hospitals need to think like lead-gen sales organizations • The metrics that matter - top, middle, and bottom-funnel • Best practices for driving growth in each journey stage • Tools to create dashboards that trustees will read and actually understand
  • 7. What is “Growth Marketing”
  • 8. Let’s get on the same page • Marketing is a broad term that encompasses all the activities a company does to promote and sell its products or services. • Advertising is a specific tactic within the larger marketing strategy.
  • 9. Let’s get on the same page • Marketing focuses on building relationships with customers and making sure they know what products or services your business provides. • Advertising focuses on getting specific messages out to your target audience in order to generate sales.
  • 10. Growth Marketing Growth marketing is a strategy focused on long-term, sustainable growth. It combines traditional marketing tactics with data-driven approaches to drive meaningful results. The benefits of growth marketing for hospitals and health systems include increased website visibility, improved website performance, and increased customer engagement. Additionally, it can help increase website traffic, leads, and conversions
  • 11. Growth Marketing - Example Content Marketing Content marketing is a growth marketing tactic used to attract and engage customers by providing useful, relevant, and valuable content. For hospitals and health systems, this could include creating informative blog posts, eBooks, whitepapers, and videos about various health topics.
  • 12. Growth Marketing - Example Search Engine Optimization Search engine optimization (SEO) is another growth marketing tactic used to improve a website’s visibility in search engine results. For hospitals and health systems, this could include optimizing website content for relevant keywords, improving page load times, and improving website usability.
  • 13. Growth Marketing - Example Conversion Rate Optimization Conversion rate optimization (CRO) is a growth marketing tactic used to improve the performance of a website or landing page. For hospitals and health systems, this could include testing different page layouts, testing different call-to- action buttons, and optimizing form fields.
  • 14. Marketing as a Revenue Generating Department
  • 15. Key Challenges • Increased accountability for return on marketing spend (ROMS, not ROI) • ”Growth Marketing” brings marketing and IT together • In the boardroom • On org charts • And in the entire digital continuum from ads to enterprise software • Automated measurement capabilities • Tools and talent in place? • Market segmentation for one-to-one patient-centric marketing
  • 16. • Integration of CRM and marketing/communications funnel • One-to-one marketing using the health engagement cycle • Track touch points that lead to new patients • Return on marketing spend (ROMS), in real time. • Net revenue per patient is the ultimate goal. Elusive, for most of us. A little deeper than 101 level course
  • 17. CRM-Integrated Marketing with an Emphasis on One-to-One, Patient Centric Digital Tactics
  • 18. CRM-Integrated Marketing with an Emphasis on Digital Tactics
  • 19. CRM-Integrated Marketing with an Emphasis on Digital Tactics
  • 20. Media Shift (esp during/after COVID) 13% 39% 48% ChangesinTraditional MediaBudgets Increasing Decreasing Remainingabout the same 84% 14% 2% ChangesinDigital MarketingBudgets Increasing Decreasing Remainingabout the same
  • 21. Benefits • Greater response rate on marketing initiatives • Demonstrated ROMS through downstream revenue of procedures and encounters • Predictive modeling provides targeted marketing and one-to-one patient communications • Revenue growth within current patient base • Improved patient experience and clinical outcomes • Improved brand perception
  • 22. Health System CRM Data: 101
  • 23. How it Works • Growth Marketing Strategy relies on the CRM • CRM insights help us see buying signals, understand behavior, and optimize campaign efforts
  • 24. CRM Know Your Patients Integration of Data Sources Tracking All Touch Points Data Driven Strategies How it works
  • 26. Integrate and Connect Silos Growth Marketing Strategist
  • 31. Program Objectives: Bariatrics Identify/engage prospective patients, then assist them through and shorten the decision- making cycle for considering bariatric surgery. Advertising CTA: Information Sessions/Call Lead generation, capture to CRM, Automation, Retargeting Educational sessions Scheduled consultations Weight loss program
  • 32. Program Objectives: Bariatrics Facilitate pre and post-surgical education to drive behavior change. Completion of patient program Completion of weight loss program Email open rates, drip email campaigns Completion of calls to action
  • 33. Program Objectives: Bariatrics Lead patients to better health outcomes by keeping them “on track” and engaging them much like a retailer would. Keeping weight off KPIs
  • 34. Patient Engagement Cycle • search • evaluate/plan • qualify/prepare • surgery • follow-up • behavior change • success
  • 35. Before and After (and both!)
  • 36. Interactive patient education and online patient assessment Mobile enabled experience from the beginning Online chat for those with hesitations Direct connect for scheduling appointments Pre-surgical Engagement
  • 37. Post-surgical Engagement • Push notifications • Reminders via SMS • Micro educational content • Device integration • Aligned with clinical protocols
  • 39. Streamline Reporting • Patients per service line • Profiles • Cross-marketing of services • Patient comm preferences • Touch points of patients throughout system • New patients vs. recurring patients • Procedure targeting • Claims ($) per patient/procedure, by physician
  • 43. What This Means to You • Growth Marketing relies on Strategy and Data (CRMs). • CRM-Integrated Marketing systems of today are a user- friendly business intelligence system • Provides data to move the dial on your organization’s business goals • Segments your service lines and markets to allow for one- to- one patient-centric marketing • Automates measurements • Ties your marketing tactics to downstream revenue
  • 44. Final Considerations • Organizational goals • Service line growth strategies and objectives • Infrastructure and processes • Staff training and expertise • Integrate departments and technologies • Who to involve • Marketing • IT • C-suite • Patient experience teams • Business development • Service line VPs or directors • Communications team