Three Wise Dames

Marketing in the Life Science Industry

Power of Combining Brands May 11, 2011

A colleague once told me that a health care provider is a value added reseller (VAR) of health care services enabled by great technology. This is no different then a VAR in the high technology computer industry. The best marketing programs for any VAR are cooperative–both parties contribute their brand and budget resources (money and time) to extend the marketing of a given product or service.

The main message is:

Obtain this [national brand] at [your local outlet]

Consumer examples:

Obtain a refreshing Coca-cola(R) beverage at your Main Street McDonalds(R)

Fry’s(R) electronics is an authorized reseller of HP(R) Printers

Health care examples:

Mountain View’s El Camino Hospital now offers the da Vinci(R) Si system for minimally invasive hysterectomy

Essure(R) permanent birth control is now performed in Dr. Mason’s Fresno office

Balloon Sinuplasty(TM) procedures are performed by Dr. Nathan at Southwest Texas Methodist Hospital

The value of the message is the exponential power of two brands joined together. Each has value on its own; however, when combined, the local health care provider legitimizes the availability of the advanced technology and the company provides advanced technology to the local health care provider.

Who wins? Everyone in the chain–the patient gets access to the medical company’s advanced technology from a local healthcare provider. I would propose that public and private payers win also and here’s why.

<Warning: Soapbox Moment>

Finally (thanks Shana Leonard) there is a conversation around devices becoming the new drugs driven off the analysis of the American College of Cardiology meeting by Reuters. Since diving into the medical device industry, I’ve come to believe if a health problem is mechanical then why not fix it with a mechanical solution instead of masking the symptoms with drugs? In many cases, this is a more cost-effective approach. Your thoughts?

(c) eGold Solutions, all rights reserved.

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Physician Google Thyself: Updates March ’11 March 30, 2011

Almost a year ago, I published the series Physician Google Thyself (with overview video) and as one might expect, many things have changed. The conclusion and reports out of SXSW provides an opportunity add some newly discovered resources that I think will help physicians leverage digital channels to manage their reputations and grow their practices.

By following Ed Bennett, I became aware of Dr. Kolmes–both were panelists at the recently concluded SXSW (South by Southwest). She exemplifies my truth about HCPs owning their their reputations. Two important discoveries that support Part IV:

  1. Dr. Kolmes is well regarded for her social media policies and other electronic recommendations for health care providers. I am excited to provide a link to these not-to-be-missed resources and they are FREE for HCP’s to use.
  2. Dr. Kolmes also uses a FREE secure email service called HushMail.com. For all the physicians that are (and should be) concerned about maintaining HIPAA privacy this is a brilliant option. Do not miss the section on email in the above mentioned social media policy that Dr. Kolmes provides to patients–it’s used for appointment logistics only and that’s OK! My philosophy is to tell everyone exactly how you will behave; if you set expectations you avoid offending someone or some other bad situation.

As an additional resource for Part IV, I’ve been investigating Reputation.com (formerly Reputation Defender). Their methods seem sound and the price seems reasonable. If you find yourself in a situation where negative information abounds, it might be a good first step to reigning in the chaos.

Reporting from that same SXSW panel session was Susan Spaight of Jigsaw who’s post titled Healthcare and Social Media: boundaries without barriers includes this suggestion:

Dana Lewis shared a great suggestion for approaching physicians to encourage them to participate in social media. Don’t just go to them and say “We want you to do social media.” Show them why first by having the physician Google himself or herself, and explain how social media can change search engine results. Of course, there are other reasons to participate in social media, but this may help the proverbial light bulb go on.”

It’s always nice to be in sync with others. I too have seen the light bulb go on and burn brightly when physicians Google themselves. Part II contains my recommendations for search engine terms to use beyond your name.

Contact me if you want a FREE copy of a spreadsheet to help you keep track of all your listings and profiles. I’ve complied over four dozen general sites that contain HCP listings to get you started.

It’s been fun revisiting this topic and especially great to provide even more resources. If you know any resources you’d like to share, please comment. The Three Wise Dames appreciate the sharing of wisdom.

(C) 2011 eGold Solutions; all rights reserved.

 

 
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