Strategic Positioning

David Shifrin: Well hey, Lee, good to talk to you again. We’ll jump in here. And episode seven, we’re about to have seven of these things, what do they say, in the can? So, for this first story here it’s from Fierce Pharma. The title is “CMI Media Group launches new practice to help pharma reach out to diverse audiences.” And of course this is coming in the midst of what’s really at this point a two-year elevation of diversity, equity, inclusion, health equity. And really rethinking how healthcare as a whole and how we as society approach equity.

It’s a really important push and all the social change that we’ve seen. And so this is just another thing, inclusive marketing. The quote to latch onto here I think for me was that… it says, “With new technology that’s allowing brands to target messaging to specific audiences like never before, there’s a big opportunity for pharma to be more inclusive and equitable in its messaging, said the chief media and innovation officer at CMI.” And so again, this is focused on pharma, but I think the ideas here apply to healthcare providers as well. So you know, what’s your, what are you looking at in terms of inclusive messaging when it comes to any new pushes or new technology, new campaigns?

Lee Aase: Yeah, I think the newer technologies that we have just make the content production much more cost-effective, much more inexpensive than it’s been previously. So I think spending some time on listening to people coming from different backgrounds and perspectives and better understanding what sort of message will pull through with them better. It’s like an online focus group, kind of using social and digital as a way of gathering intelligence in terms of what kind of messaging is going to have impact. And then just being really focused on, okay, what are some of the broader initiatives that we have and where can we specifically reach out in a particular area of need?

So for instance, colorectal cancer is something that affects everybody, like affects all races, all ethnic groups. The African-American community has a higher incidence and a need to potentially get screened earlier, typically. And so being thoughtful about how you can be doing that messaging, how you can be finding the right platforms to be able to reach the particular audiences I think is something that has been a priority and should continue to be, and not just pharma but provider groups as well, to be really proactive in that outreach.

David Shifrin: Do you think this is new? Or is it just that we’re in a moment socially and technologically where people are thinking about it in a slightly different way?

Lee Aase: Yeah, I think it’s just becoming more easy to execute on this kind of outreach. I mean, there definitely is a heightened awareness and a heightened interest and wanting to be very proactive in reaching out to people. And one of the top things that was mentioned in the article is a particular genetic disease that the founder of this group, this innovator, had, that his wife was Cambodian and there’s a particular disease that affects Asians more and some members of his family had been diagnosed with it.

And so just a recognition that more than ever before, there’s an opportunity to achieve business goals that are important and are sustaining to the enterprise while at the same time being able to target messaging to a particular audience in a way that’ll be more attractive to them and resonate with them and cause them to maybe even collaborate and share in spreading the message.

David Shifrin: Yeah. Okay. I thought what you said at the beginning of that answer was interesting, where you said it’s easier to do. And I don’t want to put words in your mouth; when I hear tha,t my reaction is okay, if it’s getting easier, then there are fewer excuses to not do it. So let’s do it!

Lee Aase: Right. Yeah. I mean the cost of production of this stuff and being able to tailor things is getting easier. The cost of listening. With the way the ability is as AI and other tools are enabling you to get… at least to bird dog some insights, that for them, the humans, to come in and say, okay, how do we do this in a genuine way versus just what the borg would say in response to this that we’re gathering.

David Shifrin: Okay. So for our trend this week – I created an awkward transition here, but I don’t know, maybe it’s not that awkward – but then thinking about another type of inclusivity, I was thinking about this actually producing our content for Jarrard recently. And it’s making sure that content is accessible for folks who may be visually impaired or have hearing impairments, or whatever it might be.

And so we hear a lot of things about…it’s stock at this point, I think, ensuring that you have all texts on images, that you have an opportunity for having subtitles on videos. And I think that’s not only for folks who may be hearing impaired, but just if somebody is in an office and they want to watch a video, they need to be able to see what people are saying. Anything that you’ve seen or you’ve thought about in terms of making content as broadly accessible as possible, or is it just keep doing what we’re doing?

Lee Aase: Yeah. Yeah, I think that’s a good, so it is keep doing what you’re doing and maybe expand it a little bit, and I would also say that it’s one of those things where you’re doing well by doing good, because it isn’t just that it’s more accessible for the visually impaired or hearing impaired.

That’s all true, but also the fact that it’s helping you with your SEO, as you mentioned, as people are doing the…if you’re doing captioning on videos, for instance, not so much the SEO side, but the captioning of videos, a lot of people are in a place where they can’t, they don’t have the liberty to play the audio.

But also just stopping the thumb as people are scrolling over something in the feed. If they’re seeing the words that’re there, it’s more likely to draw them in, so it’s about effective multi-sensory communication. And if you do that for people, so it’s multisensory communication for people who have access to all those senses, but for those who lack them, it’s at least making it, or giving them an entrée.

I’d also say the overlooked thing is the extended captions on videos, not captions, but descriptions, particularly on YouTube because that’s part of the whole SEO process. And also then the ability to include links within the videos. That’s not exactly the undiscovered territory, but maybe the forgotten territory.

It’s one of those things that people could put more focus on and get for a relatively small investment of time. Especially when you have the ability to do natural language translation of… an AI translation of audio. If you can get that converted to text pretty reliably, then using that not only in the caption but in the description (or good substantial sections of it) to the extent that the character counts allow is a good thing.

David Shifrin: Okay. Yeah, we just ran a survey of the U.S. population, 800 adults, about communications preferences and found that… we asked people, what do you prefer? Written texts, audio, video, or no particular preference and consistent with what I think the conventional wisdom is people largely preferred video.

And so it was just a reminder to me that we gotta make sure that, one, we’re producing content in ways that people want to consume, but then also making each piece of content as accessible as possible.

Lee Aase: Yeah. The other thing related to that is, yeah, people prefer video and some people prefer text, and some people, and also would like to be able to zoom through it more quickly, because one of the things people do is the 1.25 or 1.5 speed on the video sometimes to just get through them more quickly, videos and podcasts. Not this one, of course they’re going to want to catch every second of it and totally enjoy all of it, but…

David Shifrin: Pull your car over, pull up the car and get the notepad out. I think this is gold here, folks.

Lee Aase: Yeah.

But the other part is that people like to…and there’s something about, especially if you have an extended video or an extended audio it isn’t, yeah, that taking notes part is a little more complicated. So that’s why we put timestamps in, lots of times, in the podcast to say hey, this is where this was talked about.

And so incorporating that I think in some of the video descriptions is a winner.

David Shifrin: Cool. And I’m taking this section a little bit long, but I will mention, because you mentioned transcriptions, and two platforms that I’ll highlight…actually three, and let the secret out. One is otter.ai. It’s great for meeting notes. You can sync it to your calendar, and it does a really nice job. It’s more for just general meetings rather than content production, but it does a nice job and it has live real-time transcription. And the other one that we’re recording this on right now, the platform that we use for remote video and podcast production at Jarrard is riverside.fm.

And ask my colleagues, I talk about it probably more than I talk about my own family, which is concerning, but it’s a great platform and not too long ago, a few months ago, they now have an option with some of their packages where you can get a transcription of your videos.

And so what we’re doing, everything you’re hearing right now is recorded remote with really high quality, and we can pull transcripts. So there’s that. And then the last one that I’ll mention, which is what I use to edit these podcasts, also has a video editing feature, is Descript that and has an outstanding transcription service that’s built in.

And that’s what I do. But it’s a really nice way to scroll through, both for production and then taking that, converting it to subtitles, whatever it might be.

So the tools, to your point, Lee, are out there, and they’re not expensive.

Lee Aase: Absolutely. Yeah, that’s great stuff. And that’s application for me just in our clinic that we’re starting cause I’m the chief administrator, CEO plus the social media guy, for now. And so being able to have some of these tools that can make that production more streamlined—that’s stuff I’m taking away, too.

David Shifrin: Alright Lee, so for the last section, we also in a previous episode talked about how executives can think about their personal presence on social media, both as individuals and as representatives of the organization.

And I want to think about how marketing and digital folks and healthcare organizations can come alongside their leadership, their executive teams, to support them. So I guess the question here is, what is the role of healthcare marketing in first supporting CEOs, and then helping the organization through leadership, transitions, things like that?

Lee Aase: Yeah. I mean, I think, so part of it is, the CEO is one of the chief assets of the organization and, as the face and the voice of the organization and obviously as a driver of the strategic direction. And being able to harness that voice and being able to accomplish what the strategic goals of the organization are is what being the CEO is all about.

So there are some who are naturally inclined toward that, and then there are others who are obviously good communicators in business communication and active and being able to accomplish their work, their will through the organization, but they might need a little help, might need a little handholding in terms of how to be most effective in their use of these social platforms to represent themselves and the organization.

And so I think just making, considering the CEO communication as a pillar of the overall strategic plan and then figuring out how to harness that by, for instance, video, we talked about how video’s been a big part of the topic, but in our experience with our clinic, we’ve got Dr. Dave Strobel, who’s a 30-year physician. Does a great job explaining things to patients, but if he were to…I don’t want him to be on social media, like I don’t want him to be personally doing it, but yet if I can capture video of him doing descriptions, explaining things and then do some post-production, it’s really good work, but you know, really elevating the value that they can contribute.

Really harnessing that and then adding the right people to do the editing to present that authentic voice, but then also to do the bird-dogging to say, hey you’re getting some reaction to this and calling them in to be able to comment as necessary so that there is that authentic level of engagement that’s meaningful instead of it…if it feels too polished, then it’s not going to have the effect, either. I mean, most of the reason people get into these CEO roles is because they’re good with people. They’re good at communicating. They can help move things along. And the digital and social is just a way to supplement that.

David Shifrin: I’ll be honest. I’m confused by this story today. It’s from Healthcare Finance News and it’s, you know, I’m confused, but got to talk about it. I want to talk about it. “CVS Files Patent to Sell Goods and Healthcare Services in the Metaverse.” And when you read through the article, it’s not exactly clear exactly what CVS is going to be selling, because if I fall and slice my hand open, I don’t need a metaverse stitching and bandage, I need an actual emergency room. But this is continuing with this rapid rise in stories that we’re seeing about what the metaverse is doing and can do. And of course, Facebook has rebranded to become Meta and virtual reality is here and expanding.

So yeah, what is your take on digital goods and services?

Lee Aase: Yeah, I thought I was confused by it as well, because it says, you know, “CVS Health wants to trademark its logo, establish an online store, create downloadable virtual goods ranging from prescription drugs to beauty and personal care products.” I’m thinking, are we going to have a virtual opioid crisis?

Or what’s the deal? Just like, how does virtual work in that? So I’m not really sure. I think there’s, I mean when it really gets down to it, I think some of the telepresence stuff that was talked about in the other article that we’ll be talking about, and I apologize for jumping ahead with it, but it seems like the, it seems like the immersive experiences for really making that virtual connection be much more like face-to-face.

And perhaps even in some ways because you can have some digital measurement sensors attached with them, I think there are some opportunities to really enhance that experience. I think the main thing, the main thing out of this story is something that does relate to what I’ve advocated for a long time, is that when a platform comes out that it’s really important for big brands to be staking their claim, you know, that they don’t want somebody else to be squatting on their name.

We had an experience when I was at Mayo Clinic that we had, there was a British rock band that set up a page on MySpace called Mayo Clinic and the band’s name was Mayo Clinic from County Mayo in Ireland. And they thought that was cute, I guess, but so that gave us some impetus for being able to say hey, we should set up… This was back when Facebook pages were the new thing. We said let’s set up a page on Facebook to make sure that nobody else claims that. So I think this is just sort of taking that next step on the legal front, that where CVS is saying, okay, metaverse is going to be a thing, so let’s at least stake our claim here, and set out the stakes that we are CVS in the metaverse and nobody else can use that.

David Shifrin: So it’s protective as much as it is proactive.

Lee Aase: I kind of think…so, I mean, that’s what it looks like to me because I have a hard time wrapping my head around how virtual goods can be. I can see virtual services totally. But virtual goods seem a little bit disconnected.

David Shifrin: Yeah. Well, and the article also mentioned that they’re talking about potentially selling NFTs, non-fungible tokens, which is a whole other Pandora’s box that we’re not going to get into right now, but that’s the other big thing. And again, personally I don’t see the value in buying any, I don’t know what kind of NFT CVS is going to offer me that’s going to make me want to spend the money, Bored Ape Yacht Club isn’t even enough to get me interested. So I don’t know what CVS is, but…

Lee Aase: Yeah, I think there’s, you know, NFT and then there’s another acronym that uses both T and F as well, but maybe kinda…

David Shifrin: I think we found the title for this episode.

All right. Before this goes off the rails Lee, let’s move into the second section which, as you telegraphed, is more on the metaverse, again not really a platform specifically, but a digital place. This is from a Forbes contributor named Bernard Marr who writes on enterprise tech. The title is “Amazing Possibilities of Healthcare in the Metaverse” which got us thinking again, the metaphor as a place, as a platform of sorts. There’s sort of three areas that Marr references: telepresence, which you’ve mentioned, digital twins, which is really interesting, and then blockchain technology, which we hinted at there with talking about NFTs, but you know, some of this stuff is pretty immediate—I think like the telepresence of being able to offer telehealth visits in the metaverse or simply just by good old fashioned Zoom call. And then some of it like the digital twins is incredibly fascinating and I think promising, but a much longer play. This is mapping people’s genetics, so they can, we can experiment virtually and to see how we’re going to respond to treatment. So what are you looking at as the metaverse continues to get more, more traction?

Lee Aase: Yeah. I mean, I definitely think the telepresence part has a lot of application right away. And I think that’s where organizations could, especially in things like counseling and therapy sort of approaches, be able to have that much more immersive experience; to have it be much more like being there would be I think that’s a no brainer. And then, and finding…so I’d suggest that for organizations, finding someone, finding an advocate within the organization, within the clinical areas, who’s really interested in applying this, coming around them and helping them to prove the concept and show the value I think is really a good opportunity.

The digital twinning does sound fascinating. I just think it’s hard to…I think it’s problematic in just even as you note, as you map the whole genome, how do you know exactly whether you’re taking into account the right factors as you’re fast forwarding through 10 years, about what happens with, you know, the whole idea of like, you take a twin and you say, okay, maybe you could run a thousand simulations and be able to then come up with a… Actually as I think it through, I think that might be it, the Monte Carlo simulation with digital.

So it’s not just digital twins, it’s digital…you’re creating a population out of the twins. So just as with Moore’s law and the power of computing increasing exponentially, probably eventually at some point you’d be able to run those sorts of simulations that might give you a better sense of what the range of possibilities would be, given a different intervention.

David Shifrin: Okay. In the meantime of that while the scientists and the data folks are trying to figure out how to do all of that – and we just talked about kind of staking a claim in wherever you are as an organization – the metaverse becoming a more powerful place for brands to engage.

And so any other prep work that folks should be thinking about? Whether that’s with HIPAA compliance, training clinicians to be thinking about one day possibly entering virtual reality to deliver telehealth, anything along those lines?

Lee Aase: As I alluded to a little earlier, I think the key is to find the champions, to find the early adopters who are willing to experiment and learn. Willing to help sort out what the issues are going to be, so that then the organization can apply it on a broader scale.

So it’s part, and this kind of relates, probably segues into our ROI discussion for this time, that, as I mentioned before in my thesis, that as the I approaches zero ROI approaches infinity. One of the big ways that you keep the I low is by getting people to volunteer—by getting people who are already on staff to say wow, this is really cool and I want to focus my energy on this. I’m willing to dive in and put in my own effort on it.

And so that’s that kind of makes the organization more like a startup, you know, even an established organization where you’ve got a lot of people that are psychically betting on exercising options, so to speak. I mean, they’re trying to, they’re creating some psychic ownership in a new trend and because of the personal satisfaction that they get out of leadership in an area like that. So I think finding, identifying and recruiting people from within the organization that you already have to say would you like to play? would you like to be involved in this? is a way to be able to demonstrate that the potential to demonstrate the return without a major outlay of additional resources so that you can prove the concept and then hopefully make the case for a broader adoption.

David Shifrin: Okay, in our next conversation, we may, maybe we’ll talk about kind of setting up how you set up a sandbox with enough guardrails to be careful but also giving people the freedom to test that out.

In the meantime: digital ROI part two and talking about how healthcare marketers position digital programming to justify that ROI.

And you’ve talked about it last time, and then just before this is the last thing you said there was hopefully take the results on to the rest of the organization and leadership and show the value. What does that look like? How should digital marketers think about helping to get their leadership teams bought into these programs that they’re testing out?

Lee Aase: I think the first thing is they have to be solving a real problem that the organization is either spending money on now or creating new opportunities for generating income. So it’s either, how can you concretely save money through some of these digital innovations?

So for instance, if it’s telepresence, okay, you’re saving time on travel in between meetings and you’re enabling people to be able to be more…have less overhead in terms of those face-to-face relationships and interactions. So figuring out ways that you can measure and make the case for that, for the savings that are coming there. But then also beyond that in testing and learning and seeing where the additional revenue opportunities are, and by trying this out are we able to make additional connections that will lead to patient volume, will lead to memberships or whatever the model is of acquisition?

David Shifrin: Alright, Lee, well, thanks!

David Shifrin: Alright, Lee good to see you again. The story that we’re going to kick this off with is from Healthcare Dive titled ‘On high alert’: Hospitals wary of cyber threats from Russia-Ukraine war.It’s a kind of an odd one because you wouldn’t really necessarily expect there to be sort of a healthcare angle to the cyber warfare that we know is taking place.

And frankly, day to day, we don’t even know where this, where the invasion is going and what’s really happening there. So, there’s so much uncertainty, but we have seen kind of similar stories here and there that, Russia seems to be active and you never know where somebody, whether it’s them or anybody else is going to show up.

And frankly, just a week ago, a buddy of mine who’s a PA and he said, you know, we got a ransomware attack and they’re asking for a bunch of cash and we’re locked down and we’re back to paper. It happens all the time, in peaceful times and in bad times. so what should provider organizations be thinking about when it comes to cybersecurity?

Lee Aase: Yeah. I think it just really highlights that cybersecurity should always be a priority because it doesn’t matter where it came from. The Russia, Ukraine conflict might be a precipitating thing. If the United States is involved on the Ukrainian side and if Russia retaliates or wants to find ways of gumming up the American system then yeah, that could be one precipitating event for why hospitals would be under threat, but there’s lots of other threats. There’s always bad actors that are out there. And I think it just really highlights the importance of good processes, good hygiene, good just taking basic security measures. The key one that I think was highlighted in this article and that I’ve felt is really important as well is two-factor authentication. Because anybody can steal passwords or you can guess a password, but with the two-factor authentication, when you have to have a timely provision of that second code, like within 60 seconds, that’s the kind of thing that’s going to be super helpful in heading this stuff off.

I think the other part is just really good training with staff. Helping them to be alert to phishing scams, for instance. I know back in my days at Mayo Clinic, we would have authorized phishing simulations that would be sent out by our IT security team and, you know, it got to be a game where you’d say, yeah, I think that’s one of those when you had forwarded it.

But occasionally you would forward those suspicious emails and they’d say, yeah, that was a real threat, that was really something. And having people be on the alert for it is really important. And yeah, then just the training, the alerting people that this is something that you have to be aware of and have to be careful.

David Shifrin: So you mentioned, you talked about training, Lee. And one of the, one of the quotes that stood out to me in the article was from a chief technology officer at a cybersecurity company talking about how there’s a huge amount of turnover, which is just not…something that I’m not familiar with, the IT world, but anything there when it comes to personnel?

Lee Aase: Yeah, I think it’s really, I noticed that in the article as well, that when there’s…if you have turnover in your key staff that are responsible for these security initiatives that you do put yourself more at risk. And yeah, I think we’ve seen, whether it’s because of people getting terminated because of non-vaccine compliance or whatever, that there have been various reasons for that. But there was the great resignation that everyone was talking about as well. So I think having some lack of continuity among staff responsible in these areas could also put systems at risk.

David Shifrin: Lee let’s use that to roll into the second section which isn’t exactly a platform, but in thinking about both cybersecurity, but then also reputation and the reputational damage that can occur certainly if a breach happens or any other kind of crisis hits.

And we’re talking about the turnover and just the resources that different organizations have. How do you think about what you keep in house? What you outsource, where you draw the line, how do you manage the limited resources that different organizations have recognizing that this is going to vary if it’s an independent community hospital versus a large national healthcare system.

Lee Aase: Larger health systems do have a lot more resources. They also have a bigger footprint. They also have a lot more angles, a lot more service lines that they’re trying to be ranking highly in and where people are expressing their opinions. So it scales up, the need scales up with the size of the organization as well.

I think for any of them, it depends on their stance toward using one of these platforms or doing it on their own, depends on what other priorities they have, where they need to be devoting their resources and what capacity they have. My general predisposition has been to say that people need to have ownership of their online reputation and that the service line folks or individuals who are concerned about what happens when people Google them that the best thing they can do is…

To have an active social media presence. To have an active digital presence that will tend to be over time ranked highly in Google and will show up effectively. So I guess depending on what resources people are willing to put into this they can either outsource it and try to have things managed that way, or they can take a more active and organic role in managing their reputation.

I am just naturally I guess predisposed to the latter solution and to really authentically engaging in these platforms, but can definitely understand how people say, yeah, I just want to write a check or I want to have somebody else take over that day-to-day responsibility because I have other priorities that I need to deal with.

David Shifrin: For our insight this week, Lee, we’re going to have a two-part miniseries. And in talking to my colleagues here at Jarrard, they sort of flagged that they had some conversations with you about digital ROI. And being the content mercenary that I am, I thought it sounded really useful for our audience.

And so this is going to be pivoting away from reputation and cybersecurity and everything, but the conversation is about digital ROI. And the first question for today is what your take is on measuring ROI and how that differs between teams, marketing folks at local hospitals versus at larger health systems or different corporate entities.

Lee Aase: Yeah. I was saying, you know, at the smaller health systems or the local hospitals, you typically have marketers who need to be much more of a jack of all trades, need to be much more nimble and resourceful, much more like MacGyver in trying to get results.

And that has upsides and has downsides. The one of the absolute downsides is the lack of, general lack of resources. But the second then is the priority that puts on and the premium that puts on that resourcefulness, on that creativity, on experimentation.

When I was a…so this would be back in 2009, I published a document that I call my 35 theses on social media. And there were three of these that kind of relate here. And I think that’s what I was talking with our Jarrard folks about is that, number 17, social media freedom, in an ordinary sense of the word.

And that was true back then, anyway. Now, you definitely have to have some money to be on these platforms typically to be able to get the reach. But then the second one that was related to that is that I, as in I in the ROI equation approaches zero, ROI approaches infinity. If you keep getting the I smaller and smaller, that means you don’t have to show as much in terms of benefit for it too be, “Wow. That really works.” So the fact that in all these platforms that if you’re trying to MacGyver it, and that was the 19th thesis is MacGyver is the model for social media success, that you have to be creative and you can get the proof of concept really pretty easily, or at least you can experiment with things to say, So does this work or not?” without risking a whole lot. And that’s actually some of the benefit of the smaller organizations, are in the way they can be thinking about this as that, you know, when you’re working on behalf of a large, resourced organization or with the super-strong reputation, there’s more risk associated with it.

The risk/reward thing in the equation is a little bit skewed in those cases, because what if it doesn’t work? On the other hand, if you’re in a smaller organization you have a lot more upside potential, and also because these digital tools have fewer resources needed to do something that’s actually pretty solid that is a reasonably high quality, like these digital mics, these add-ons that you can get for your phone and to be able to really reduce the cost of production. It lets you try things and then prove their benefit, which can help you make the case for more resources.

David Shifrin: Great. Okay. So next time then we will talk about how healthcare marketers position digital programming to justify that ROI, which is a clear extension of this, and you’ve already talked about that a bit, but I’m looking forward to that conversation next time.