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Hospital Marketing & the CEO Insights Behind Success

Hospital Marketing: CEO Insights & Success Factors

In a previous blog post, I discussed responsibilities associated with the evolving role of hospital marketers. Recently, after reviewing Thomson Reuters research involving 100 Top Hospitals® CEO Insights, it struck me how closely the top three hospital success factors align with the three primary marketing responsibilities I mentioned in my blog post. Let’s take a closer look.

According to “strong patterns in guiding philosophies” that emerged from CEO insights in the study, the top three hospital success factors are listed below, each accompanied by my own assessment of its application in marketing:

  • Unwavering Commitment to Quality. As top CEOs demonstrate a strong and clear commitment to quality, marketing staff must respond by becoming champions of transparency who communicate results and drive healthy patient experiences.
  • Making Great Relationships with Physicians. Top CEOs recognize that keeping physicians engaged, motivated and aligned is a key success factor. Unfortunately, many of today’s hospitals do not have a dedicated physician relations program. Instead that role is shared by the CEO and other hospital leaders. The future requires a data-inspired, fully committed approach to physician relations that offers support and direction to physicians. The hospital’s marketing officer should be integral to these efforts.
  • Ability to Overcome Today’s Greatest Challenges: Reform and Reimbursement Cuts. As hospital CEOs face unprecedented pressures to operationalize under health reform, marketing officers need to lead the charge with new business strategies that position the organization to compete more effectively. We see marketing leaders becoming much more focused on shorter-term scenario planning and research and development of new care management programs (e.g. CHF clinics, access strategies, medical home models, etc.) to help the organization excel in a value-based purchasing environment.

If you’re in hospital marketing, ask yourself: do your current responsibilities align with the top three hospital success factors, and therefore, your CEO’s expectations? If not, it’s time to rewrite your job description. Start by thinking practically about how you can drive your organization to greater success using the points above as your guide.

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