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C.D. Howe Institute Roundtable Luncheon
2014-04-28    
12:00 pm - 1:30 pm
Navigating the Healthcare System: The Patient’s Perspective Please join us for this Roundtable Luncheon at the C.D. Howe Institute with Richard Alvarez, Chief Executive Officer, [...]
DoD / VA EHR and HIT Summit
DSI announces the 6th iteration of our DoD/VA iEHR & HIE Summit, now titled “DoD/VA EHR & HIT Summit”. This slight change in title is to help [...]
Electronic Medical Records: A Conversation
2014-05-09    
1:00 pm - 3:30 pm
WID, the Holtz Center for Science & Technology Studies and the UW–Madison Office of University Relations are offering a free public dialogue exploring electronic medical records (EMRs), a rapidly disseminating technology [...]
The National Conference on Managing Electronic Records (MER) - 2014
2014-05-19    
All Day
" OUTSTANDING QUALITY – Every year, for over 10 years, 98% of the MER’s attendees said they would recommend the MER! RENOWNED SPEAKERS – delivering timely, accurate information as well as an abundance of practical ideas. 27 SESSIONS AND 11 TOPIC-FOCUSED THEMES – addressing your organization’s needs. FULL RANGE OF TOPICS – with sessions focusing on “getting started”, “how to”, and “cutting-edge”, to “thought leadership”. INCISIVE CASE STUDIES – from those responsible for significant implementations and integrations, learn how they overcame problems and achieved success. GREAT NETWORKING – by interacting with peer professionals, renowned authorities, and leading solution providers, you can fast-track solving your organization’s problems. 22 PREMIER EXHIBITORS – in productive 1:1 private meetings, learn how the MER 2014 exhibitors are able to address your organization’s problems. "
Chicago 2014 National Conference for Medical Office Professionals
2014-05-21    
12:00 am
3 Full Days of Training Focused on Optimizing Medical Office Staff Productivity, Profitability and Compliance at the Sheraton Chicago Hotel & Towers Featuring Keynote Presentation [...]
Events on 2014-04-28
Events on 2014-05-06
DoD / VA EHR and HIT Summit
6 May 14
Alexandria
Events on 2014-05-09
White Papers

Using Customer Journey Maps to Improve Health Insurance Customer Loyalty

hipaa compliance
Using Customer Journey Maps to Improve Health Insurance Customer Loyalty
Executive Briefing
Author
Jim Tincher, Principal Consultant, HeartoftheCustomer
Jim@HeartoftheCustomer.com
Editor
Shane White, Director—New Projects, FC Business Intelligence

swhite@fc-bi.com

Overview

It’s a time of massive change for the healthcare industry. The Affordable Care Act accelerated the move to consumerism, requiring more of a focus on customer experience than ever before.
Even payers who have always focused on individual plans have to adjust. At the same time as new competitors enter the consumer market, they also have to support exchanges while their consumers demand more than ever. The good news is that companies that get the customer experience right are rewarded with growth, adding loyal customers while simultaneously lowering the cost to serve. But get it wrong–hide behind byzantine bureaucracy and incomprehensible rules–and market share drops rapidly as customers flee towards simpler plans. Watermark Consulting analyzed the stock price impact of customer experience, 1 and found that while the S&P benchmark increased by 14.5% from 2007 – 2012, customer experience laggards’ stock lost 33.9%. At the same time, customer experience leaders saw their stock rise by 43%.

A journey map is a visual display of an experience as a customer sees it. See Elements of a Journey Map on page 5 for an example. This customer view is what makes them so useful. Unlike a process map, steps that do not resonate with customers are left out, while other steps that do not  directly involve the sponsoring company are included. Journey maps are used for both business and consumer customers, although the research methods vary between the two audiences. Journey maps are used for experience design by many players in the healthcare industry, from the Mayo Clinic to UnitedHealthcare.

McKinsey & Company analyzed the importance of managing entire journeys versus managing individual touch points (such as the website or call center). They found that industry performance on journeys is “20% to 30% more strongly correlated with business outcomes, such as high revenue, repeat purchase, low customer churn, and positive word of mouth.”

The example map on page 5 shows a representative journey for a segment of consumers purchasing health insurance. Notice that eight of the first nine consumer steps do not involve Coolsure Insurance’s (a mythical health plan)people or systems. This is often the case in a purchasing journey, as consumers or employers use other resources for their research. Unfortunately, these steps often have more influence over whether the customer eventually buys than does a company’s website or its sales force.

A typical journey mapping project analyzes separate customer segments, with a unique map created for each. For example, a Fortune 100  company implements a new health care plan very differently than a 50-person software company. Trying to encapsulate both experiences as one journey results in a watered-down map that doesn’t accurately represent either customer segment.