Healthcare marketing faces various complications in the way of achieving its targets and goals. Unlike other industries, healthcare marketing is subject to regulations and restrictions. Ultimately, it becomes difficult for healthcare firms to reach out to new patients during a critical decision-making stage.
The healthcare sector faces a dilemma between complying with the law and building more connections within the industry. They face a unique set of challenges that are not common among other sectors. When regulations combine with other factors, such as low marketing budgets, it shouldn’t come as a surprise that healthcare marketers often feel overwhelmed.
Marketing Challenges in Healthcare Firms
When healthcare firms try developing effective marketing campaigns, they run into various challenges and roadblocks. So without further ado, let’s take a look at some of the challenges healthcare firms face when it comes to marketing.
1. HIPAA Compliance
Health Insurance Portability and Accountability Act (HIPAA) has always been a major concern for healthcare marketers. While marketing has advanced significantly over the years with the introduction of the internet and social media, the healthcare industry continues to face different concerns.
If we take a look at search engines such as Google, they take HIPAA compliances very seriously, which tremendously hinders exposure. Other businesses may use keywords and marketing tools to reach out to their targeted audience, but it doesn’t work the same way for healthcare practitioners.
While healthcare marketers can use different tactics such as PPC and SEO, they cannot use a targeted approach with patients and prospects due to HIPAA privacy concerns. It makes it impossible for healthcare firms to personalize the marketing experience. Be it any medical service medical device marketing; it bars the firms from marketing anything that’s against the regulations.
2. Changing Customer Behavior and Expectations
Over the years, there has been a growing sense of dissent and ambivalence associated with the healthcare industry. Operations within the system make it highly unattractive for patients since they lack trust in the industry. Each aspect of the healthcare system within the country is politicized, which proves to be another challenge for healthcare marketers.
Ultimately, marketers have to resort to different tactics and practices that require plenty of hard work and zeal to get fruitful results. They need to take different factors into account, such as thought leadership, online reviews, testimonials, and humanization, to try and negate traditional perceptions surrounding the healthcare system.
Unlike other marketers, the practice requires significant effort and hard work for effective results. They have to deploy different tactics and solutions to overcome patients’ negative perceptions.
3. Budget Restraints
Apart from common regulation problems and consumer expectations, budgeting is also a significant challenge for healthcare marketers. Stakeholders are often not confident enough to invest in the healthcare sector since it doesn’t provide adequate results.
Marketing campaigns in healthcare are relatively more expensive and offer a low ROI compared to other sectors. Therefore, there is a lack of confidence among investors to funnel their money into healthcare marketing. Many investors like seeking instant results on their investment, but healthcare does not promise that. It expects a long-term investment and provides returns as time progresses.
4. Insurance Providers Influence
Another common problem that healthcare marketers face is the direct threat from insurance providers. These insurance providers have the power to influence patients’ decision-making because the insured party has to follow different regulations. This may include the type of care, treatment, expenditure, and most importantly, which healthcare facilities they can visit.
With so many variations and options, it becomes difficult for marketers to compete with insurance providers. Therefore, they need to put in more work to achieve success and ensure that healthcare institutes remain popular and relevant among the masses. For better results, healthcare providers often have to work alongside insurance providers.
Apart from consumer marketing, healthcare marketers may have to leverage inbound marketing to achieve desired results. Content marketing can also prove effective since institutes can use it to showcase their expertise using helpful content. Presenting solutions to prospects is now an integral practice for any healthcare marketer.
5. Lack of Transparency in Healthcare
Often, patients and prospects are not aware of what goes on behind the curtain. This lack of transparency in healthcare forces them to turn to online reviews and ask on forums to find out what they want to know. Healthcare institutes are somewhat reluctant to provide information about their procedures to the public, which ultimately costs them additional revenue.
Keeping the people within the loop remains one of the top challenges for healthcare marketers since they have to work with limited information. If possible, the marketers can keep updating the information and see how the process goes.
Apart from that, there is also little use of technology and online tools in healthcare, further adding to the problem. Marketers need to focus on telehealth and online consultations to further increase their exposure and ensure effective digital marketing campaigns.
To improve health marketing efforts, they should deploy different features, such as landing pages and easy onboarding features. The results will definitely improve as people post positive reviews describing their experience with the healthcare firm.
Leverage Online Platforms
Nowadays, marketing is all about social media platforms since they are home to plenty of users for healthcare marketers to target. Although a HIPAA regulation bars marketers from targeting users in a personalized way, it doesn’t mean that a healthcare firm can’t connect with them.
With the help of social media, healthcare firms can connect with patients. They only need to be mindful of marketing messages and segmentation, and then they can pitch to numerous patients without any legal consequences.
It is evident that a healthcare marketer faces many challenges along the way. However, consistency and online tools can overcome these problems and ensure effective marketing campaigns.