How confident are you that your database is clean? Can you make accurate assessments about your business’s health with the data it contains? If you’re not sure, don’t worry—you’re not alone – not everyone enjoys data crunching, plus, Consult YHN has your back!
The importance of a clean database is that it allows your practice to operate more efficiently. As the leader of the practice, it allows you to set key business goals and effectively benchmark your progress towards achieving them. A clean database will support increased revenue by efficiently spending and/or saving money and improve patient satisfaction.
Think of quality data as the backbone of your business—it’s the central pillar that connects and supports all the facets of your business. With accurate data and reporting, you will confidently make decisions that will move your business forward.
What’s considered “data” within your database? These would be your appointment types, referral sources, revenue sources, etc. For example, are you running a Consult Database Program, Consult Upgrade event, or want to see how well your marketing campaigns are performing? Referral sources play a critical role in capturing your marketing ROI (Return on Investment) and identifying where your revenue-generating leads and sales are coming from. Referral sources should be labeled and updated properly so we can track your results and identify units sold and revenue generated per sale. If referral sources are not updated and tracked, you’re essentially throwing marketing dollars out the window.
There multiple benefits of tracking your marketing initiatives, but it is impossible without clean, consistent data. To run a productive and profitable practice, it’s vital to identify incorrect data, understand the root, fix it, and develop a plan for maintaining a healthy, more reliable database.
As we prepare for 2021, below are three resolutions for cleaning up your database, which will ensure it stays clean even after your other New Year’s resolutions have been forgotten:
1. Data Entry
Of course, it all starts with the data that’s being entered into the system. If there’s one takeaway from this blog post, it should be this: your data is only as good as the data you enter. As the leader, it’s up to you to ensure your employees are properly trained and understand the importance of entering accurate information into your Practice Management System (PMS). Everyone on your team needs to be on the same page when it comes to activities such as labeling opportunity sources and what each referral source represents. Once you have a process in place, don’t assume everyone is following it, day in and day out. Periodically poke around your database to ensure that it’s kept nice and tidy.
2. Data Audit
Second, audit your data to reveal any inconsistencies and/or errors. You might be surprised by the number of inconsistencies and how far they go back. If you and your staff are regularly inputting incorrect or bad data, this will cause a snowball effect—and no one wants a database full of duds! Once corrected, this will establish trust within your data. Our Sales Analytics team can help you get started by performing a PMS Analysis. This will help you get the most out of your PMS software by ensuring accurate tracking reports, patient lists, and QuickBooks integration.
3. Data Upkeep
The last step is upkeep. As previously noted, ultimately, you are accountable for monitoring the accuracy of your data. It’s not a ‘set-and-forget-it’ activity—consistency is key! Luckily, you don’t have to do it all alone. Working closely with your Account Manager, our Sales Analytics team will provide the insights and tools necessary to execute these steps and contribute to your business’s collective success rather than hindering it.
Remember: the more time you spend tracking and auditing your data today, the less you’ll spend correcting errors in the future. The reward for your hard work is a sparkling database that delivers better insights, better reporting, and sound business decisions.
About the Author
Laura Kegelman joined Consult YHN in 2018 and currently serves as a Strategic Planning Analyst. Her diverse professional background includes supply chain, forecasting, and marketing. Laura holds a degree in marketing from West Chester University in Pennsylvania. When she’s not working, Laura loves exploring the city she lives in (Philadelphia) as well as traveling to new cities and countries.
Exactly one year ago, my uncle decided to set out for an adventure of a lifetime. He rode his bicycle across the country from Astoria, Oregon to Astoria in Queens, New York. He took his time to research his route, his stops, the equipment he needed, and the different types of terrain he would face. He also enrolled in classes to learn skills in wilderness survival and bike repairs. Once he started his journey, he logged and documented everything, including mileage, and set daily goals for himself.
If he didn’t hit one of his goals, then he looked for alternate ways to make up that time. His path continuously changed and challenged him—he rode on highways, gravel, paved roads, trails, and even over an international bridge in Sarnia, Ontario. With his focus, perseverance, and well laid out plan, he accomplished his goal: he rode 3,410 miles in 48 days.
His journey inspires me in so many ways. His work ethic and methods show that with proper planning and execution, anything is possible. Additionally, we need to spend less time thinking and more time doing.
The purpose of a business plan is to lay out both a short and long-term strategy for growth. It serves as the roadmap from where you are to where you want to be, outlining the individual steps and tools you need along the way. What’s your mission? Where do you see yourself in five, ten, twenty years? Where do you see your business in that same time? A business plan can help you answer these questions by allowing you to take a step back from the day-to-day demands of running the practice and focus on the big picture.
As a Consult YHN Account Manager, I work with Associates across the nation and hear what’s consistently working in their practices. What I’ve found is practices that create and execute a business plan are more successful than those that don’t execute one. Studies show that business planning can help you grow your business as much as 30 percent faster!
There are several key benefits of executing a business plan, including:
#1: It allows you to prioritize and set achievable goals.
Business plans don’t need to be overly complicated, but they do need to be executable and draw a clear connection between your actions and the results you plan to achieve. Goals like increasing revenue by 50 percent won’t seem as daunting when you have a plan that breaks it down into smaller, achievable steps. More specifically, a good business plan outlines SMART goals:
Use your plan to guide your sales and marketing strategies. It will ensure you keep track of what needs to happen, when, and in what order. For example, scheduling marketing strategies to promote a new product launch.
#2: It minimizes your risk.
Establishing a business plan isn’t just about setting goals—it’s about consistently tracking your progress toward those goals and making changes as your business grows and evolves. This will give you peace of mind that your business is heading in the right direction. Or, you’ll know that you need to make adjustments or try a different route altogether. There are two key financial statements you should build and regularly review as part of your business plan: Cash-Flow Analysis and Profit & Loss (P&L) Analysis. These help you to closely monitor the overall financial health of your practice and identify any potential cash flow challenges or opportunities.
There’s always a certain level of risk that comes with starting your own business. Some risks you can see coming from a mile away, but others are impossible to predict (like a global pandemic). Either way, it’s easier to handle issues when you’re actively looking for them. And the sooner you catch them, the less likely they are to snowball into a crisis.
#3: It allows you to make spending decisions with greater confidence.
As your business grows, there are some important spending decisions you’ll need to make: when to hire a new employee, whether you can afford to upgrade your equipment, whether you should open another office, etc. If you have a firm understanding of your practice’s financial health, you will have the information you need to make sound business decisions. A business plan is also invaluable in devising and executing an effective marketing strategy. It will help you determine how much you can/should spend on marketing to achieve your revenue goals.
#4: It’s essential if you’re seeking a loan or investment or want to sell your practice.
Would you ever invest in a business without understanding its business model or financials? Hopefully, not. And, neither would any investor. If one day down the road you decide to sell your practice, it will likely be worth more if you have a plan that shows the business is in good fiscal standing and has the potential to grow.
#5: It can help motivate your team and increase efficiencies.
A business plan that clearly communicates your vision and goals is one of the best ways to ensure your entire team is on the same page. Rallying your staff behind a common goal can also increase your collective efficiency and lead to higher levels of engagement. Knowing how their daily duties and actions relate to the business’s bottom line gives employees a greater sense of purpose and pride in their work. Be sure to regularly review your progress with your team, either during your Daily Huddle or monthly or quarterly staff meetings. This way, everyone knows what’s expected of them and can be held accountable for contributing to the practice’s success.
With a solid business plan and the right guidance and resources, any practice can become a million-dollar practice. Let us help you get there! Consult YHN will be hosting several Virtual Managing Business Activities (MBA) workshops to kick off the 2021 business planning process. These workshops help our Associates define their financial and organizational goals through the creation of their Annual Strategic Action Plan (ASAP) and Annual Marketing Plan (AMP).
About the Author
Does your website blow your competitors’ websites out of the water?
Almost every patient journey begins with or includes a Google search. Hopefully, your PPC (Paid Per Click) and SEO game is on point and driving prospects to your website. But how many prospects is your website driving through your front door? And, is it good enough that it would motivate someone to drive 10 extra miles to your practice over another?
It’s an ambitious goal, but certainly possible with the right tweaks…
- Optimize your page speed
According to Google Analytics, 40 percent of web users leave pages that take more than three seconds to load. Meanwhile, another study has shown that even a five-second delay in page response can increase your bounce rate by more than 20 percent. Find out just how fast or slow your site is with Google’s free PageSpeed tools. Since image file size is one of the biggest culprits of lagging web pages, make sure the images on your site are compressed. There are several free applications you can use to compress your own images.
- Be smart about your layout and design
Design is the main reason people don’t trust certain websites or the businesses behind them. For example, low-quality images or design inconsistencies between pages can be giant red flags to a visitor. That’s why everything from your spacing, fonts, and heading sizes to your colors, button styles, and design elements need to be consistent, cohesive, and clean. A consistent header and footer on every page that includes your logo, practice information, and social icons is equally important. And while we’re on the topic, have you ever thought about how your website’s colors might impact the user experience?
- Check your mobile responsiveness
With mobile searches finally surpassing desktop searches last year, Google recently announced that it is now indexing websites based on their mobile version instead of their desktop version. In other words, the content, links, speed, etc. of your mobile site are now the key drivers of your search engine visibility. Before you panic, know that Google has a number of tools to test how mobile-friendly your site really is and Search Console has a mobile usability report that outlines problems on a page-by-page level. One must-have feature of your mobile site: Click-To-Call. Why? Because 76% of consumers say they use mobile call features to schedule appointments for local services.
- Offer rich content
For search purposes, Google recommends having a minimum of 250-300 words per page. But your content should go above and beyond providing basic information about your practice—it should engage and educate visitors. Hearing health tips, hearing loss facts, a “Frequently Asked Questions” section, a list of the devices you offer with details about the different styles, and a blog (that’s regularly updated!) are all great examples of rich content. Creating content with legitimate value not only helps to present your practice as the local expert, but it inevitably supports your SEO efforts.
- Make your content easier to digest
Step one: trim the excess fat. Did you know that white space around text and titles can increase user attention by 20 percent? Create that extra room by keeping your paragraphs as concise as possible. Step two: make sections of text easier to scan by adding headings and subheadings, choosing clear fonts, and breaking down key points, features, or services into bulleted lists. You can get more creative with your layout by replacing traditional bullet points with icons or using lines, borders, or different shading to visually isolate related content.
- Reconsider your images
We all know a stock photo when we see one. Although stock images aren’t inherently bad, they are inherently generic and impersonal, which can reduce trust. If your website relies heavily on stock imagery, it’s okay, many websites do. However, consider replacing a few stock images with actual photos of your practice and staff. We promise that prospects will want to see you and your staff members’ smiling faces. Any stock images that you do use, should complement the content, not distract from it.
- Use calls to action and buttons to guide visitors
Your website should provide a customer journey that is clearly mapped out and fluid from page to page. Visitors should always see a next step or action to take as they browse. That’s why every page should feature a distinct call to action (CTA), accompanied by a phone number, contact form, and/or button. A strong CTA is 2-5 words that urge visitors to take an immediate action, whether it’s “Click Here” for more information or “Call Today” to schedule an appointment.
- Add a contact form
Current and potential patients alike need to be able to contact your practice when it’s most convenient for them. Contact form submissions are also a great lead generation tool. Any visitor that completes a form on your site is a prospect and should be contacted as quickly as possible. Some website forms can automatically send a thank you email to your new prospect and let them know the timeframe in which they can expect to receive a follow-up phone call. Now, this prospect can be added to your practice management system and to future marketing initiatives.
- Add patient reviews
A 2018 survey found that 72 percent of patients used online reviews as their first step in finding a new doctor and 88 percent trust online reviews as much as a personal recommendation. Boost your digital presence and reputation by including links to review sites, a dedicated testimonial page, or even better, using our Online Review Builder which gathers your positive online reviews in real-time and displays them on your website for you.
- Boost your SEO!
You didn’t think we’d write an entire blog post about websites without mentioning SEO, did you? Simply put, ranking in the top positions on search engine result pages means significantly more traffic to your website, and then through your front door. Similar to PPC, SEO is an efficient marketing strategy because it targets online users who are actively seeking out your services.
While digital marketing trends come and go and change constantly, a solid website that entices potential patients, engages current patients, and reinforces your brand will never go out of style.
Think it’s time to give your website a makeover or even a complete overhaul? Consult YHN’s Marketing team provides website assessments to members.
About the Author
Take a look at what we were up to and what’s on the horizon for 2019.
PPC (pay-per-click) advertising is a great digital marketing option for those looking for fresh prospects, especially if your market is flooded with traditional marketing efforts. The problem is that online marketing efforts can be difficult to track in the office.
Some people will simply say “Google” or “I saw your website” when you ask them how they heard about you, but they may not know to tell you they saw your paid ad—or even realize that they clicked on an ad! Another issue is that there’s an added complexity if you are running other initiatives like direct mail. A patient may say they got the mail piece, but their phone call is tracked to an online initiative.
So what do you do?
There are two sides to the equation: how your digital marketing vendor should be tracking your PPC and how you track it once prospects reach your practice. Let’s start with the first—the best practices when it comes to how a vendor can track their PPC efforts:
- Landing Pages – PPC best practices include having a landing page related to your paid ads that feature a contact form that you can track to that specific page. What is a landing page? This is a simplistic stand-alone web page where a visitor “lands” after clicking your ad. This page is designed to have one single focus and for the audiology industry that’s typically to contact your practice. It should include enough information to be relevant to the ad but not a recreation of your entire website; less is more in this case.
- Form Submissions – By featuring a contact form on the landing page, visitors can quickly and easily send you their information. This form submission is emailed to the practice and can be translated as that visitor asking your practice to reach out to them. The quicker you can reach out to them, the more likely you’ll book a new appointment.
- Google Analytics – This tracking effort is typically set up by your PPC provider but may be even more important if you’re managing this effort in-house, especially if you’re not using a PPC-specific contact form or call tracking. Google Analytics tracks an overwhelming amount of data and one of the most helpful tools is the ability to set “goals” which could be contact form submissions or smartphone click-to-calls. If you’re not using a landing page, you can track the number of visitors to the specific page you’re directing your ads to.
Ok, you’ve gotten the lead. Here’s how can you track those prospects in your office:
- Office Follow-up – Someone in your practice should be following up on any prospects, both from phone calls and form submissions, within 24 hours of being received during business hours. Checking your voicemail after lunch (if the office breaks for lunch) and first thing in the morning can ensure you’re following up with those who want to hear back from you. Also, often times, you can set up the forms to be sent to multiple people so that an FOP and management can get them. This way the FOP can follow up quickly and management has a “receipt” of the contact and make sure any tracking matches.
- Call Tracking – Call tracking can be incorporated on both your website and PPC landing page to optimize tracking. By using different tracking numbers on your website and your landing page, you’ll be able to track PPC-specific leads. Tracking all calls from your website is a generally good idea so that you can understand how many prospects are calling to make appointments and how many are current patients. Some call tracking providers feature a technology called “dynamic number placement” which is great to implement in your tracking. The idea is that the numbers on the website automatically change depending on where the site visitor has come from—meaning organic search, PPC ads, and even social media channels! In other words, you’ll be able to track incoming calls from all of your digital efforts, not just your PPC. Call tracking is also helpful when patients are calling the digital tracking number but indicate that they received a mail piece. You would attribute this call to your digital efforts because it’s the effort that spurred the person to contact the practice.
- Practice Management Software – Making sure your front office staff understands that you’re running PPC ads can be very helpful when it comes to tracking in your practice management software. This way, they’ll know to ask callers which initiative they’re calling from as well as which referral source to use. Also, call tracking can help ensure you’re listing the correct referral sources as it can help you differentiate between general “online” activity and PPC-specific activity.
Why is tracking your PPC important? For ROI of course! Because digital marketing is happening in real time and doesn’t feature tangible collateral for someone to save until they’re ready to act (like direct mail), it can provide a shorter buying cycle.
Still not sure how you can track your digital marketing efforts? Consult YHN can help!
The Consult YHN Marketing team can translate reporting into actionable items and make suggestions on how to improve your current tracking efforts. We can also consult on your overall digital marketing strategy, including reviewing proposals, developing budget suggestions, and more.
Contact marketing@ConsultYHN.com to get started today!
About the Author
Rachel Atar joined Consult YHN in 2015 as Marketing Account Executive. With experience in multiple industries, Rachel has consistently helped small businesses navigate marketing for their end consumers. Prior to joining Consult YHN, she was Taylored Home Health Care’s Marketing Manager.