Marketing Tips For Your Medical Billing Business

The key to effective marketing? Know your target customer, and reach out to them via as many channels as possible. Now is the perfect time for medical billing companies to evaluate their marketing efforts and improve their materials and website, if necessary, says Dave Anderson of Anderson Interactive, a healthcare public relations and marketing agency. “A lot of companies are going through rebrands right now—refreshing their internal materials so they’re ready when the market opens up again, and practices are ready to start investing in these solutions,” he adds.

Research Competition in your Area
 Many healthcare practitioners feel comfortable outsourcing their medical billing to a company that is local to them. One reason for this is that if they need immediate support, they don’t want to rely on phone calls 100% of the time to get the assistance they need. Whether you are a local or national company, spend some time getting to know other medical billing companies in the areas you service and what they offer. Especially if you are looking into starting your own company, you’ll want to know about the opportunities that exist in each area and how you can help various practices. This will give you a leg up over your competition.
In This Industry, Referrals Are King, But Don’t Be Afraid To Reach Out

We were all the new kids at many points in time. Think of this industry as a professional schoolyard and you are new. You have to put your name out there and show people who you are and what you’re made of. Most of the most potent connections that you will make will come from past clients, but if you are dealing with no clients, then you should make the first move.
Determine who exactly your market is and focus your efforts on that market. If you thought this business was a niche, you have to consider the different medical “niches” that you can go after, too.
Contact associations and introduce yourself and what you can offer. You will need something substantial to prove your worth, too. This is where you can get creative and think of the things that you can provide because you’re new. You can sponsor if you have the cash to blow, but if you’re on a tight budget, being helpful to associations and going to events will do wonders in the long run.

Design your website keeping in mind the patient priorities

With more and more people turning to the internet for every solution it becomes important for every business as well as hospital to show its presence on the internet and for that website is very important. The content, layout, and navigation should be according to patient needs. Online appointment booking facilities and reaching out information should be there and clearly visible.

Increase social media presence

Research by Business 2 Community found that many people discover information about organizations through social media. Having a solid social media strategy will let you engage with fans with your content, boosting chances of turning them into leads or buyers. Make sure to have a specific purpose for each and every blog post. This can be getting more shares or more likes. Share content that relates to the issues of your target market. This can be images, curated content, social videos, and blots. Remember to share, like, and comment on your followers’ messages

Stay connected by sending Emails

Email marketing is the oldest method of digital marketing. Sending emails to existing patients asking for their well being from time to time or wishing them on their special days helps in improving engagement. Creating useful content on health issues, precautions, etc. and sending them in emails also improves the patient’s trust in your practice.

Develop Buyer Personas

Before you start marketing your services or product, you need to understand who you are targeting, what they need, and what type of message will connect with them. This means that the first step in your marketing strategy should be to specify your Buyer Personas (imaginary personalities that mirror your optimal customers). For example, people who may be thinking about purchasing your service or product could be ‘Health Services Manager Mary’, ‘Private Practice Owner Otis ‘, or ‘Physician Philip’. Each of these buyers has various obligations, objectives, and obstacles. Specifying each Buyer Personas will allow you to produce content that will interest them.

Employ a Marketing Team

Inbound marketing requires an array of abilities like copywriting, blog writing, website design, internet analytics, email marketing, SEO, social media, and conversion rate optimization. If you don’t have these skills internally, it is a good idea to contract out some jobs to Inbound professionals. This could set your firm back about $150K a year by working with consultants or $350K a year working with staff in-house. Partnering with a specialized Inbound Partner, like Reponsify, will help you save more than 50% over those do-it-yourself (DIY) techniques and will guarantee you the insight and resources you need to make Inbound Marketing effective for your business.

Attend key industry events

Many of these events (e.g., Healthcare Business Management Association, American Medical Billing Association, and Medical Group Management Association) will be held virtually, and some may even include a virtual exhibit space where participants can ‘walk’ through a 3D exhibit hall and interact with booths virtually. “With that said, it’s going to be more difficult to come home with the same number of leads you have in the past,” says Anderson. He advises billing companies to consider event sponsorship—but only when the association or organization hosting the conference is willing to promote its sponsors and share email marketing on their behalf. Make the most of these events by reaching out to attendees in advance, says Anderson. Billing companies can often purchase attendee information, and some associations and organizations may even offer it for free. Follow up with attendees after the conference using personalized sales pieces that address setting- or specialty-specific challenges, he adds.

The Final Words

The suggestions laid out above to produce a marketing strategy are part of the Attraction and Conversion phases of a unique marketing method called Inbound Marketing. Inbound stresses the importance of developing informational content for your site visitors that will turn them into qualified leads. Your Health Insurance and Payment business could use Inbound to draw in brand-new visitors to your website, convert them right into leads, and then nurture them into customers.

It could be extremely difficult this alone. We at Responsify partner with Health Insurance and Payment marketing experts to offer strategy, support, and help in carrying out these tasks. By collaborating, we help marketing experts tactically draw in brand-new website visitors, convert them to qualified leads, and then satisfied consumers.

We’ve helped many marketing pros execute Inbound Marketing Plans. Don’t hesitate to book a totally free strategy session to help you evaluate your current methods and build a plan to make them even better.

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