Is Online Paid Advertising Right For Your Medical Practice?

Medical practices have a lot of options when it comes to marketing their practice, but how do you know which channel is the best fit? Print, radio and TV have been the traditional media channels of choice for years, but now online advertising may be replacing the ‘big three’ as the top choice for medical professionals. But does it make sense for your practice or business to begin promoting online?

No matter what your choice, the ultimate goal should be to generate referrals, appointments and revenue. To measure this for your practice’s marketing efforts, you need to have solid tracking systems in place and understand the lifetime value of a new patient or procedure in your specialty. Also understanding the continuing changes being made in regards to online marketing may help resolve your dilemma over where to invest your marketing budget. 

How Has Online Marketing Changed?

Goodbye SEO?

The days of creating a website and having it act as a static brochure for your practice are no longer acceptable. Your website is one of the most important pieces of marketing content your practice will ever invest in; not having it work to generate revenue for your medical practice is a waste of budget. Potential patients continually rely on the internet to conduct searches when they are experiencing symptoms or looking for therapies/resources to address their medical concerns. Appearing at the top of organic (or natural) search rankings for their specific keyword search queries (known as search engine optimization or SEO) is a popular way of utilizing the internet to generate referrals; but that has gotten even tougher now with Google’s algorithm changes over the years. 

Online marketing continues to be an ever-changing and extremely fluid environment; probably more than radio, print or TV ever experienced. Recent changes by Google to make search data secure will have a devastating effect on SEO services and call for another shift in the way marketing identifies what keywords or terms are engaging to potential customers. In the past, marketers could use the organic keyword data to make changes to their website that would speak to what patients were actively searching for online. Now that they no longer have access to this data, some marketers may be operating in the dark.

Google Gives Paid Search Advertising a Face-Lift

The limited access marketing professionals now have to organic keyword data means a higher priority will be placed on paid search advertising for identifying performing keywords. I’m sure Google kept this in mind when making changes to their keyword reporting. Whether it was an intentional move by Google or extremely coincidental, performing keywords in paid advertisement campaigns will provide healthcare marketers the only data and insight to help direct content strategies and identify what terms and keywords are engaging to potential patients. 

With Google’s latest round of updates, paid advertising now offers better tracking for device traffic and the ability to better target prospects geographically. Call extensions allow for better offline tracking and Google’s new image extensions will be extremely beneficial for advertising a lot of different specialties in the healthcare space. 

Does Online Marketing Work for My Specialty?

Understand the Demand 

The first thing you need to do when determining if online marketing is a possible channel for your medical practice is understand the volume of searches being done in your specialty and within your region. Google offers a simple and free keyword research tool to do this and there are other tools on the market as well. Identify a larger group of keywords (at least 100) that are specific to your specialty and the types of patients & procedures you wish to market to and download the data. Our experience is that Google’s tools are good for measuring relative search volume, but usually are off by a significant factor (2-10X depending on specialty) and need to have ‘correction factors’ applied to assess absolute volumes. Where Google’s tools are more accurate is in estimating the cost-per-click needed to access these searches. Once you’ve done the work, hopefully you have a specialty-specific, regional search volume that is somewhere north of 5000 searches per month. If not, you may need to broaden your geography or increase your keyword set. In our experience, most significant specialties in reasonable population basins (e.g., greater than 500K population) will meet this test.   

Crunch the Numbers!

The next thing you need to do is determine how much you can spend, what level of referrals that might drive, and whether that will result in a positive return on investment. The key number to identify is the lifetime value of a patient or assign a dollar value to the procedures being marketed. Online marketing typically requires a significant financial investment; whether you’re investigating SEO, PPC or Social Media Marketing. Most online paid advertising programs require a budget of at least $1,000 per month in order to see a good ROI on the campaign. Cost-per-referrals (CPR) vary based on the specialties and the competitive nature of the region, but for arguments sake, we’ll say the average for this specialty is $50 per referral (we’ve seen as low as $20 CPR and as high as $150). That means that $1,000 should net approximately 20 referrals. Through our experience we know that the average conversion rate for referrals to appointments across all specialties is approximately 35%. We also know conversion rate on appointments to procedures is around 40%. Doing the math, those 20 referrals should net 7 appointments, which would net approximately 3 procedures/patients per month. If your lifetime value of a patient or procedural value is less than $500, than online marketing may not be a fit. 

Hopefully this will help in identifying whether online marketing, especially paid advertisement campaigns, makes sense for your medical practice. We are an internet driven society and your medical business needs visibility online to help generate referrals, but only if it makes financial sense.   

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Medical Marketer's Guide: Website Design

Medical Marketer's Guide: Website Conversion Optimization

Website Traffic Needs To Convert

Increasing website conversion rates by 1% can have a dramatic impact on new appointments scheduled.

At MD Connect, we’ve worked with thousands of physicians and healthcare professonals in more than 30 different specialities. In that time, we’ve identified several components of a website that have a major impact on how well your traffic converts into new patient contact.  In this guide, we’ll discuss key items to consider when designing or optimizing your website and provide you with a printable 60 point checklist to use as a resource along your way. Topics include:
  • Photo Usage
  • Contact Forms
  • Mobile Optimization
  • Testimonials & Reviews
  • Video
  • Content
If you are looking for ways to increase the amount of leads you’re generating through your website, it may only require a few minor changes. 

Mid-West Dental Practice

A leading mid-west dental practice with over 10 locations had been using a local digital marketing agency, with limited healthcare experience, to manage their digital advertising programs.Unhappy with the results the local agency was producing, the dental practice chose to trial MD Connect as their digital agency after an exhaustive search for a new digital partner.

Cost-Competitive MRI Center

A local MRI center was looking to leverage their advantages versus a number of larger, local competitors through targeted advertising. They wanted to be sure that whatever money was invested in marketing and advertising had a clear return on investment by driving additional MRI scans.

'Active' Online Campaign Management

This case study profiles the business impact ‘active’ online campaign management and optimization can have versus a ‘set-it-and-forget-it’ program. The study was conducted within three specialties across 60+ different practices.

US News Top 10 Hospital

This case study profiles a multi-year series of campaigns with a top-ranked US hospital. MD Connect worked cooperatively with various hospital constituents (marketing, IT, clinical, administration) to produce immediate results with positive ROI and has since expanded into multiple clinical specialties.

Leading National Body Sculpting Chain

One of the largest body contouring (liposuction) centers in the nation (with ten locations in seven states) had MD Connect go head-to-head with another nationally-known online marketing agency in a ‘bake-off’ for 6 months. See how MD Connect significantly improved referral volume while decreasing costs.

Large Physician Practice

This case study profiles a large physician practice that is aggressively marketing (spending >$40,000 per month). Detailed data is presented for 17 different marketing expenditures (via TV, radio, print, online and billboard) over an 8 month period in 2011. Client data includes tracking out to revenue dollars for each media investment (and thus clear ROI per media investment).

8 Steps to Converting a Phone Lead Into a Consultation

MD Connect has audited thousands of phone calls for medical practices, and has seen firsthand the qualities of phone reception that help to drive conversion. Conversion on phone ‘referrals’ varies from 15% to 70% and the difference is largely due to technique.

This best practices guide contains 8 critical requirements to insuring maximum conversion with interested, calling patients, including:

  • Your front line sales person
  • Knowing the objections
  • Phone Etiquette
  • Asking for the appointment

As your first, live interaction with a prospective patient, it creates that valuable first impression, and (more often than most realize) helps the calling patient decide whether they will visit your practice. Download your copy today to optimize how your front desk converts phone calls into appointments.

US Physician Practice Marketing Audit

This 4-page marketing research study (conducted cooperatively with and published by a leading medical society) contains the results of a detailed online survey of marketing investment and return for 219 physician practices across the United States. Data was assimilated to construct a picture of:

  • Media utilized most by physician practices
  • What relative return each exhibited (measured by cost-per-referral)
  • How these investments correlated with practice revenue.

Other data on metro population effects, program tracking techniques and phone coverage benchmarking are included as well. Marketing spending during the recession has not diminished significantly, and, given increasing competition, may be more necessary than ever. Download your copy today to see where Physicians are spending their marketing budgets and the effects it has on their practice.

SEO vs. PPC: Empirical Analysis for Online Medical Marketing

Empirical Analysis for Online Medical Marketing

Many healthcare advertisers are aware of search engine marketing and the need to ‘optimize’ their rankings, but fewer are clear on the distinction between its two predominant marketing strategies; search engine optimization (SEO) and paid search (PPC) marketing. Fewer still understand which is more cost effective, generating the appointments or procedures that truly power your business.

This empirical analysis explores SEO versus PPC for medical online marketers and presents a valid case to why overly focused SEO efforts yield less actual patient inquiries than a blended campaign.

Med Device: Patient Portals vs. Local Microsites

Destination of Paid Media Traffic Impacts Lead Conversions

Medical device marketers pursuing digital direct-to-patient (DTP) or patient advertising must determine both where to send the digital traffic they generate, as well as their desired program outcome (e.g. targeted patient lead generation or general brand awareness). In this newly released study, MD Connect analyzed and provided:

  • 15-month Evaluation Period
  • 9800+ leads tracked
  • 3800+ appointments
  • Cost-Per-Lead Comparison
  • Cost-Per-Appointment Comparison

If you are considering your next DTP digital strategy for your medical device, check out this new research study first. 

Medical Marketer's Guide: Search Engine Optimization (SEO)

Online Visibility Creates New Patient Opportunities 

When it comes to medical marketing, there’s no question that search reigns supreme. According to Pew Research, 80% of American internet users have conducted health-related searches online – up nearly 20% since 2001. Approximately 77% of patients conduct an online search before scheduling an appointment with a healthcare provider. Since healthcare searches make up 5% of nearly two trillion queries a year, the size of this audience – and the opportunity it presents – is huge.

Download our guide to search engine optimization to learn about:

  • Landing on the first page of organic search results
  • Targeting patients actively seeking treatment with high-value keywords
  • Building SEO clout on- and off-site 

The right search strategy can help you reach potential patients at every stage of the conversion funnel, generating valuable leads without breaking the bank.

Medical Marketer's Guide: Converting Calls Into Consults

Optimizing Your Phone Experience to Boost New Patient Appointments 

Competition in local healthcare markets has reached an all-time high — with no shortage of options, patients who experience undue friction during their path to treatment typically don’t stick around long. As the first live interaction with your medical brand, a patient’s experience when they call can often be the deciding factor between you and another provider. 

Download our guide to phone optimization and learn how to:

  • Properly structure your interactive voice response (IVR) system
  • Train your reception staff to keep patients on the line and generate more new appointments
  • Optimize your digital presence to maximize your rate of conversion and ultimately, your ROI

Without a well-thought out phone strategy, your advertising dollars may be going to waste. The simple, actionable steps laid out in this guide will help ensure you maximize your marketing ROI.

Laservue

LaserVue Eye Center is one of the many practices MD Connect worked with in collaboration with Lensar, a medical device company focusing on cataract surgery. LaserVue is also part of a co-marketing program designed to increase the volume of new patients looking to have cataract surgery performed. During this collaboration, MD Connect developed a custom template for Lensar that is easily scalable, thus shortening the time to market with new clients to less than one month. MD Connect also managed all digital patient outreach efforts and provided tracking and analytic services to share insight on leads generated by the program and appointments.

Northeastern Reproductive Medicine

For many years, MD Connect worked with NRMVT, a small infertility practice, to drive new patient volume through paid advertising and search engine optimization services. MD Connect also created a content plan to help convert patients into appointments.

Lowsitol

MD Connect’s relationship with Advanced Fertility of Texas recently expanded to create and execute marketing campaigns for one of the company’s infertility supplements. MD Connect developed a robust program that includes Google Search, Bing Search, Google Marketplace, and Amazon. MD Connect created a product page on Google to support some of these initiatives. 

New Hope Fertility

MD Connect partnered with New Hope Fertility Center for many years, providing content production, website design/development services, Search Engine Optimization services, and digital patient outreach using Google, Bing and Facebook advertising. Full tracking was implemented using form and phone call tracking. 

Shoulder Replacement

MD Connect works with Exactech, a shoulder replacement medical device company, on a co-marketing program highlighting the local practitioners and the technology patients seek for shoulder replacement. To help Exactech clients (local practices) in the program increase their online and advertising presence, MD Connect developed a templated website that is easily scalable. MD Connect also manages the program’s digital advertising spend and provides full-funnel tracking, down to the appointment, for both the practice and Exactech (patient information is de-identified).

Florida Orthopedic Surgeons

Dr. Lincoln and his practice partnered with Microport, a hip replacement medical device company, as part of a larger co-marketing program that services patients seeking hip replacement surgery options. MD Connect was engaged to create a website that educates patients on the technology while highlighting the local practice and practitioner. MD Connect also manages the digital media spend for the program and provides full tracking and analytics, reporting on lead volume and appointments generated by the digital marketing program.

Denver

Dr. Johnson and his practice are a part of a much larger (30+ practices) co-marketing program with Conformis, a knee replacement medical device company. The program is co-funded by both the practice and Conformis. Because it focuses on generating new patient leads for custom knee replacements, MD Connect was tapped to improve lead volume and quality. This program has been in the market for over seven years, and MD Connect continues to deliver using both online and offline tracking measures to report on appointments generated from the program.

Mansfield Orthopaedics

MD Connect and Mansfield Orthopaedics have an extensive working relationship. MDC crafts and executes digital patient acquisition strategy, from hosting the website and making site updates to managing its digital advertising program with full-funnel tracking that includes form leads and phone calls.

1st Advantage Dental

MD Connect worked with ADPI (the 5th largest DSO at the time) to manage all of its paid media programs across more than 30 affiliates and 100 locations nationwide. Each program is focused on converting local traffic into affiliate practice, and with full-down funnel tracking, MDC was able to help ADPI flexibly adjust marketing budgets by affiliate and location. 

Bright Direction Dental

MD Connect partnered with Bright Direction Dental to lead its rebranding efforts. During this partnership, MDC created a custom corporate website that helps Bright Direction Dental attract new business partners. 

Philadelphia Center For Dermatology

As a new practice, Philly Dermatology engaged MD Connect to develop its website and manage all of its paid media campaigns. During this partnership of over 4 years, MD Connect drove significant new patient referral volume using Google and Bing search, as well as Facebook advertising.  

VIP Vein Center

MD Connect has been a partner of VIP for more than eight years. MDC provides website design services for both the Vein and Fibroid center practices, as well as digital patient acquisition services that utilize Google, Bing, and Facebook advertising. MDC provides full tracking services (form leads and phone calls), reporting on appointments generated from all advertising programs.  

Vein 911

MD Connect worked with Dr. Pittman and Vein911 for over seven years, providing many different services, including a new, custom-developed website, content development, Search Engine Optimization services, digital media management, patient acquisition strategy, and full-funnel tracking and reporting (to appointments and procedures). Dr. Pittman has since referred MDC for multiple new vein partnerships.

South Austin Vein Center

MD Connect currently manages the South Austin Vein website, content production, Search Engine Optimization services, and digital patient acquisition using Google and Facebook ads. MDC also provides full-funnel tracking and reports on appointments generated. 

Medical Marketer's Guide: Google Advertising

Using Google Advertising to Drive New Patient Acquisitions

Today’s patients are more proactive and empowered than ever before. Increasingly, patients are turning to the internet to conduct their own health-related research and make their own decisions about treatment. And where are they finding that information? Google (well, 70% are — the other 30% use Bing).

Download our guide to Google advertising to learn about:

  • The “new” digital marketing funnel as it relates to the modern patient
  • How to target patients who are actively seeking treatment, thereby improving your digital marketing ROI
  • The three basic components of building a high-performing, cost-effective search advertising campaign

Despite the ever-increasing level of competition for new patients in the local healthcare search market, there’s still plenty of opportunity to reach your target audience without blowing your budget in the process.

Advanced Fertility Center of Texas

For over five years, MD Connect has provided Advanced Fertility Center of Texas with Search Engine Optimization services, digital advertising management, and full tracking and reporting based on appointments held and procedures generated. We have expanded our partnership to also include advertising efforts for AFC of Texas’ nutritional supplement production line (Vitagenis and Lowsitol). 

Center for Reproductive Health

Over the last five years, MD Connect has worked with Center for Reproductive Health to drive new leads and convert them into loyal patients. MD Connect also designed, developed, and launched a new practice website to optimize digital outreach efforts. 

Long Island Laparoscopic Doctors

MD Connect worked with Long Island Laparoscopic Doctors for many years, providing a comprehensive range of services that included a custom new website design, content efforts, SEO services, and digital patient acquisition initiatives that saw a significant increase in quality leads. 

Bayside Oral and Maxillofacial Surgery

Bayside Oral Surgery approached MD Connect to help with building a specific digital acquisition program for Dental Implants. MDC designed a service-specific landing page to drive paid advertising traffic and utilizes phone and form tracking to report on all appointments generated from the program. 

KMG Psychiatry

MD Connect collaborated with KMG Psychiatry to promote a newer treatment option that fights depression. TMS is a unique solution that requires partnering with the medical device company to produce content and an ad program focused on converting patients into appointments in a very competitive industry. MD Connect developed a landing page focused solely on TMS treatment, which produced significant results in a short period of time. 

Performance Physical Therapy

Performance Physical Therapy (PPT) engaged MD Connect to develop a localized, practice-focused digital advertising program. MDC created a custom landing page, implementing it across more than 20 practice locations. By providing PPT with tracking and reporting metrics from location-specific digital advertising programs, MDC helps PPT focus on higher-priority practice locations with flexibility in media spending.

FasPsych

MD Connect recently collaborated with FasPsych to not only increase B2B lead volume but also improve the quality of leads. After developing a landing page that speaks directly to FasPsych’s target markets, MD Connect continues to work closely with FasPsych to track and improve lead quality.

Medical Marketer's Guide: Website Design

Smart Design Creates New Patient Opportunities 

Across all industries, web design can make or break a user’s experience with a brand. Visitors’ perception of your website is directly related to their perception of your business. Poor web design can drive away customers, while innovative and user-friendly design can convert them.

Download our guide to web design to learn about:

  • Why web design matters for medical practices and hospitals
  • Best practices for modern medical websites
  • How to develop and implement a new website

Creating a strong website is a complex process, but with the right tools, your site can both engage new visitors and encourage them to schedule appointments within your hospital, clinic, or medical practice. Download our white paper today to learn more.