Medical Journal Houston Vol. 10, Issue 10, January 2014

Legal Affairs: Staying informed: How to avoid liability for exclusionary violations, see page 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Leading Source for Healthcare Business News January 2014 • Volume 10, Issue 10 • $3.50 Special Report: Marketing your medical practice Marketing Automation: The New Frontier INSIDE ▼ MD Anderson teams up with Pfizer see page 15 INDEX ▼ Financial Perspectives.......3 Legal Affairs......................4 Technology.......................5 Integrative Medicine.........6 Hospital Headlines...........8 Physicians’ Forum.............9 THA................................14 Pharmaceutical Forefront.........................15 By Virginia Stovall, President, Stovall Medical Marketing Internet marketing can be a daunting task for healthcare providers. According to a Pew Research survey, 72% of patients rely on online information when choosing healthcare products and services. The importance of accurate marketing cannot be ignored. With the constant stream of data from various marketing solutions, multi-channel sources, and patient electronic management systems, the pressure mounts. How can you organize data and manage patient care while gaining the best return on your investment? A solution is available. For all medical environments—whether enterprise level hospital or physician practice—the rise of marketing automation ushers in a new era of internet marketing. Prior to the introduction of marketing automation, website analytics tools have been the standard mechanism to assess internet marketing campaigns and website performance on an aggregate level. Marketing automation is the next progression in internet marketing, capturing the individual visitor level data and correlating it to their preferences and website behaviors. Gone are the days of bombarding consumers with information you think they want and need. A key benefit of marketing automation is the ability to deliver quick responses to search queries and capitalize on consumer’s sentiment in a changing environment. Relationship and customer experience management are key to the successful healthcare practice of the Please see MARKETING page 16 ............................................................... The Harvard Medical School Guide to Tai Chi see page 6 . . . . . . . . . . . . Breaking Ground: UTMB to expand research with $42 million facility The University of Texas Medical Branch at Galveston will expand its current research facilities to include 93,000 square feet of critically needed space for its growing research activities.   The University of Texas System Board of Regents recently approved the amendment of the UTMB Capital Improvement Plan to include a $42 million addition to its research facilities at Building 17 on the Galveston campus. The approved action also allocated $30.5 million of Permanent University Fund proceeds, which will augment $11.5 million in bonds to fund the $42 million project. “We are extremely grateful for the Board of Regents’ continued investment in UTMB and its Galveston campus,” said Dr. David L. Callender, president of UTMB. “This project assures the future of our world-class research enterprise and provides us with state-of-the-art facilities that are resilient and that support our institution’s strategic mission.”   The ground floor of the six-story facility will house non-critical functions such as a lobby and meeting space, in compliance with UTMB’s post-Hurricane Ike mitigation standards. Two floors will house research Please see BREAKING GROUND page 12 PRSRT STD US POSTAGE PAID HOUSTON TX PERMIT NO 13187