Navigating Healthcare Advertising Attribution: A Guide to HCP Interaction Metrics

Navigating Healthcare Advertising Attribution: A Guide to HCP Interaction Metrics

When it comes to healthcare advertising attribution, have you ever wondered how a day in the life of an HCP impacts your marketing? They listen to a podcast on their morning commute, scroll through electronic health records (EHRs) at work, research treatments during patient appointments, track their lunch on a nutrition app, and unwind at home with streaming services. This routine repeats daily, encompassing a variety of digital touchpoints.

Advertising and marketing campaigns must account for these diverse interactions in our digital-first world. Traditionally, healthcare marketers might have only measured the first and last clicks — a narrow view that overlooks the full complexity of conversion paths. An effective attribution model transcends this limitation by validating digital advertising across all touchpoints, proving their impact, and optimizing your strategy based on comprehensive data.

Let’s explore the essential attribution models and their critical role in enhancing HCP advertising campaigns.

Key Takeaways

  • Different attribution models cater to specific goals, such as improving patient acquisition rates, enhancing engagement, or increasing script lift, demonstrating that no single model fits all scenarios.
  • Selecting the right attribution model can transform raw data from multiple touchpoints into actionable insights, allowing healthcare marketers to allocate their resources more effectively.
  • Customizing attribution models to fit specific marketing strategies and maintaining flexibility to adapt to changing market conditions is essential for maximizing marketing effectiveness.

What’s An Attribution Model?

An attribution model is a framework that determines how conversion credit is assigned to digital touchpoints. Said another way, they help you understand which marketing initiatives someone interacted with before converting, e.g., clicking on your ad, watching a video ad, downloading a pamphlet, visiting your website, requesting a demo, etc., and which one(s) had the most significant influence.

Why Are Attribution Models Important for Healthcare Marketers?

Attribution models are vital for the success and sustainability of digital advertising. Today, healthcare professionals (HCPs) are more connected than ever, often interacting with over 17 connected devices within and outside their professional environments. This expanding digital footprint encompasses various channels, from connected TV (CTV) and email to mobile apps and social media.

As the complexity of digital behaviors among healthcare professionals increases, capturing and smartly analyzing every interaction they have with your brand across diverse channels becomes vital. The challenge is making sense of the data so marketers can distribute their dollars wisely. The correct attribution model doesn’t just track touchpoints—it turns this data into actionable insights, enabling marketers to pinpoint the most effective strategies and fine-tune their approaches for optimal return on investment.

Exploring HCP Attribution Models in Healthcare Advertising

Selecting the optimal attribution model is essential in healthcare advertising, but no universal solution fits all scenarios. Various attribution models offer different functionalities, benefits, and drawbacks. Understanding these allows marketers to identify the model that best aligns with their strategic goals, ensuring they generate the most valuable insights for effective decision-making.

Single-Touch Attribution Models

Single-touch attribution models2 in healthcare marketing assign all credit for a conversion to a single touchpoint in the customer journey, such as the first or last interaction. These models provide a simple, straightforward approach, particularly suited to healthcare organizations with short and direct patient journeys, where a single touchpoint is dominant in driving conversions.

Types of Single-Touch Attribution Models

single-touch first-click attribution

First-Click Attribution

First-click attribution gives 100% credit to the first action someone took on their path to purchase. For example, if an HCP downloaded a medical kit on your website, all the credit would go to their first interaction—say, seeing a banner ad or visiting your website’s homepage.2

single-touch last-click attribution

Last-Click Attribution

Last-click attribution gives 100%2 credit to the last click before a conversion. For example, if an HCP requests a demo by clicking on a display ad, that ad will receive all the credit.

Multi-Touch Attribution Models

Multi-touch attribution models3 distribute credit across multiple touchpoints, offering a more comprehensive view of the customer journey. HCPs may engage with various channels and content before converting, such as viewing an informative video, visiting a website, and receiving a follow-up email. Multi-touch attribution allows marketers to understand the role and contribution of each touchpoint.

Types of Multi-Touch Attribution Models

muti-touch linear attribution

Linear Attribution

Linear attribution gives equal credit to every digital touchpoint before the conversion. If an HCP sees one of your ads, reads an email, and visits a product page before requesting a demo, each of those touchpoints will receive 25% of the credit.3

muti-touch time decay

Time Decay Attribution

Time decay attribution gives the touchpoint(s) that occurred closer to the time of the conversion more credit than those that happened further back. If someone visited your website six months ago but didn’t convert, then came back last week and converted after seeing one of your CTV ads, the CTV ads would receive more credit.3

muti-touch position-based (u-shape)

Position-Based Attribution (U-Shape Attribution)

This type of attribution gives the most credit to the first and last touchpoints (each receiving 40%). Said another way, if someone’s first and last interaction before converting were with one of your display ads, those ads would each receive 40% of the credit, with the remaining credit (20%) distributed equally among the other touchpoints.3

muti-touch w-shaped attribution

W-Shaped Attribution

The W-shaped attribution model extends the concept of the U-shape by adding a third significant point—where a lead is qualified within the sales process. In this model, the first, middle (lead qualification), and last interactions receive 30% of the credit, with the remaining 10% distributed among other touchpoints. This model acknowledges not just the importance of first and last impressions but also the crucial role of critical mid-journey interactions that help advance the decision-making process.3

Rule-Based Models

Rule-based models allow marketers to set specific rules for attributing credit based on understanding what drives conversions in their particular context. For example, a healthcare marketer might decide that specific high-engagement actions, such as attending a webinar or participating in a live chat, should receive more credit. These models offer flexibility and can be tailored to fit unique marketing strategies and customer journeys.4

Algorithmic Models

Algorithmic models represent the most advanced form of attribution, utilizing machine learning algorithms to dynamically allocate credit to different touchpoints based on their impact on conversion. These models analyze vast amounts of data to identify patterns and weigh the influence of each interaction, continually refining their accuracy as more data becomes available. They are instrumental in complex, multi-channel marketing environments where numerous interactions contribute to conversion decisions in ways that are not immediately obvious.4

How to Choose the Right Attribution Model for Healthcare Campaigns

To select the most appropriate attribution model for your healthcare marketing campaigns, it’s crucial to understand the nuances of each model and how they align with your strategic goals. Start by clearly defining success for your  HCP campaign, whether that involves increasing patient acquisition, enhancing brand awareness, boosting patient engagement, generating more reviews and referrals, or driving script lift. This understanding is essential for choosing a model that best supports your objectives. Here’s a look at how specific attribution models can align with healthcare marketing goals.

Improving Patient Acquisition Rates

The following attribution models are recommended to drive patient acquisition rates successfully. Each model provides unique insights into the influence of marketing touchpoints, empowering organizations to enhance their strategies and achieve better outcomes.

  • First-Touch Attribution Model: This model can help identify top-of-funnel channels driving initial awareness3, crucial for patient acquisition.
  • Last-Touch Attribution Model: This model highlights channels directly driving appointments/inquiries by crediting the final touchpoint before conversion, which is critical for higher patient acquisition rates.
  • Linear Attribution Model: Distributing equal credit across all touchpoints provides a balanced view of channels collectively contributing to patient acquisition, helping optimize the entire marketing funnel.3

Increasing Engagement

Effective engagement is critical in healthcare marketing, where each interaction can significantly influence HCP decisions. Each model leverages distinct approaches to measure the effectiveness of touchpoints throughout the customer journey, enabling organizations to refine their engagement strategies for improved outcomes.

  • Time Decay Attribution Model: Assigning more credit to touchpoints closer to conversion can identify channels driving immediate engagement like website visits, form fills, email opens, and beyond.3
  • Position-Based Attribution Model: Giving weight to the first and last touchpoints can highlight channels driving initial awareness and final conversions — critical for improving traffic, lead generation, and more.3
  • Data-Driven Attribution Model: Using machine learning algorithms5 to assign credit based on data dynamically can help optimize engagement metrics across multiple channels/touchpoints. AI-powered models are gaining traction and can drive a 5-10%6 increase in net revenue.

Generating More Patient Reviews and Referrals

Attribution models are crucial for driving patient reviews and referrals, as they help pinpoint the most impactful marketing touchpoints. Here’s how various models can enhance efforts to generate referrals and reviews:

  • First-Touch Attribution Models: By pinpointing the most effective top-of-funnel channels for initial awareness and interest, first-touch attribution3 can help optimize marketing efforts to generate more patient referrals.
  • Last-Touch Attribution Models: Last-touch models7 assign all credit to the final touchpoint before a patient converts, such as booking an appointment or leaving a review. This model highlights the channels and tactics that directly drive conversions, making last-touch attribution valuable for increasing patient reviews.
  • Position-Based Attribution Models: Position-based models7 weigh the first and last touchpoints more heavily, recognizing their importance in driving initial awareness and final conversions. This can help optimize marketing spend on channels that generate new referrals by encouraging existing patients to leave reviews after their visit.
  • Data-Driven Attribution Models: Data-driven attribution3 uses machine learning to analyze large amounts of patient data and dynamically assign credit based on how people engage with various marketing channels. These models can provide a more accurate view of the touchpoints that drive patient referrals and reviews.

Driving Script Lift

To enhance script lift, which involves boosting prescription volumes through strategic marketing efforts, specific attribution models can provide critical insights into the effectiveness of various marketing tactics. Here are four recommended attribution models that are particularly effective for this purpose:

  • Linear Attribution Model: Assigns an equal value to every educational and promotional interaction, making it ideal for ongoing patient education and engagement, ensuring consistent messaging throughout the HCP or patient journey.
  • Time Decay Attribution Model: Prioritizes interactions closer to the decision point, making it especially useful for campaigns with short decision cycles by focusing on the most recent and relevant activities leading to prescription decisions.
  • Data-Driven Attribution Model: Employs machine learning to evaluate the impact of each touchpoint, dynamically allocating credit to enhance marketing effectiveness. It analyzes historical data to determine the influence of specific interactions, facilitating precise adjustments to strategies to increase script lift.
  • Position-Based Attribution Model: Emphasizes the HCP journeys’ critical first and last interactions. This model optimizes outreach and conversion strategies to maximize patient engagement and script conversion by focusing on initial awareness and the pivotal final decision-making touchpoints.

Step-by-Step Guide to Implementation

Implementing an attribution model in healthcare advertising is a strategic process that requires meticulous planning and execution. Below, each step is designed to enable the attribution model to fit within existing frameworks while allowing organizations to remain agile and effective in a dynamic market environment.

1. Stakeholder Alignment

Gain buy-in from all relevant departments, including marketing, IT, and compliance. This alignment is vital for the smooth integration and operation of the attribution model within existing systems and workflows.

2. Pilot Testing

Before rolling out the model across all campaigns, conduct a pilot test to see how well the model performs in a controlled environment. This testing phase can help identify any adjustments needed and forecast how the model might perform on a larger scale.

3. Continuous Optimization 

Regularly update and refine the model based on new data and insights. As market conditions and HCP behaviors change, the attribution model should evolve to remain effective.

Common Pitfalls to Avoid in Attribution Modeling

Implementing attribution models in healthcare advertising can significantly enhance your understanding of campaign effectiveness and ROI. However, there are common pitfalls that marketers should be aware of and avoid to ensure the success of their attribution efforts.

Incomplete Data Integration

Failing to integrate all relevant data sources can lead to skewed insights and an incomplete understanding of customer interactions.

Solution: The attribution model should have access to comprehensive data from all channels and touchpoints. This involves integrating data across digital platforms, offline interactions, and third-party providers. Establishing robust data pipelines and maintaining consistent data formats are crucial for accurate attribution.

Lack of Flexibility

Sticking rigidly to a single attribution model regardless of changing marketing strategies or market dynamics can render insights obsolete.

Solution: Organizations should remain flexible by regularly reviewing the effectiveness of their attribution model. They must be prepared to adjust or switch models as their marketing strategies evolve and new channels or technologies become significant to their campaigns.

Over-Reliance on Automation

Excessive reliance on automated systems can lead to oversight of nuanced factors that affect attribution accuracy.

Solution: While automation in attribution models (primarily algorithmic models) is beneficial, it’s important to maintain oversight. Regular audits and manual checks can help ensure that the model’s assumptions and outputs remain valid over time.

Ignoring Micro-Conversions

Focusing only on final conversions and ignoring micro-conversions (such as newsletter sign-ups, eBook downloads, or appointment bookings) can lead to undervaluing essential touchpoints in the customer journey.

Solution: Incorporate micro-conversions into your attribution model to better understand how early and mid-funnel interactions contribute to ultimate conversion goals. This helps allocate the budget more effectively and optimize the entire funnel.

Regulatory Compliance Oversights

Non-compliance with healthcare regulations such as HIPAA can lead to legal issues and damage trust with your audience.

Solution: Organizations should ensure their attribution models and data handling practices comply with all relevant healthcare regulations. They must regularly update their compliance measures to keep pace with legislative changes. Ongoing collaboration with legal and compliance teams is essential to safeguard the privacy and confidentiality of healthcare data.

Transforming Healthcare Marketing With Precise Attribution

Attribution in healthcare advertising is much more than a method of assigning credit—it’s a strategic tool that unveils deep insights into customer journeys and significantly enhances the impact of marketing efforts. By meticulously selecting and implementing the most suitable attribution models, healthcare marketers are not just tracking outcomes but also actively shaping them. This strategic approach allows for refined targeting, more intelligent budget allocation, and superior outcomes that align closely with organizational goals. Embrace advanced attribution models to transform healthcare marketing into a more data-driven, impactful practice.

At Adfire Health, we work with healthcare marketers to create optimized, highly effective, data-based digital engagement strategies. With Thumbprint™, our segmented data ecosystem of over 8.2 million healthcare professionals, we can offer direct access to healthcare professionals nationwide. We bring our years of hands-on experience to every new campaign and work with you to get the best results possible. Contact us to learn more about what we can do for your business.

Sources

  1. Parks: Average U.S. internet home had 17 connected devices in 2023. (2024, January 10). Parks Associates. https://www.parksassociates.com/blogs/in-the-news/parks-average-us-internet-home-had-17-connected-devices-in-2023#:~:text=The%20average%20U.S.%20household%20with,30%2C%202023
  2. Gandhi, D. (2024, February 9). A beginner’s guide to attribution model frameworks. Amplitude. https://amplitude.com/blog/attribution-model-frameworks
  3. Marketing attribution in healthcare – What is it and why does it matter? (2023, June 13). SocialClimb. https://socialclimb.com/blog/marketing-attribution-in-healthcare-what-is-it-and-why-does-it-matter/
  4. Karuna, S. (2024, April 29). Top 7 types of attribution models for you to try. Factors.Ai. https://www.factors.ai/blog/types-of-attribution-models
  5. Bhardwaj, R. (2024, March 27). Healthcare marketing: Strategies to revolutionize healthcare. Growth Natives. https://growthnatives.com/blogs/digital-marketing/healthcare-marketing-strategies-to-revolutionize-healthcare/ 
  6. Paredes, R. (2021, November 16). How promotion attribution models help reduce spend and increase net revenue. IQVIA. https://www.iqvia.com/locations/canada/blogs/2021/11/how-promotion-attribution-models-help-reduce-spend-and-increase-net-revenue
  7. Lemon, K. N., & Verhoef, P. C. (2016, November 16). Understanding customer experience throughout the customer journey. Journal of Marketing, 80(6), 69–96. https://doi.org/10.1509/jm.15.0420

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