Events Calendar

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63rd ACOG ANNUAL MEETING - Annual Clinical and Scientific Meeting
2015-05-02 - 2015-05-06    
All Day
The 2015 Annual Meeting: Something for Every Ob-Gyn The New Year is a time for change! ACOG’s 2015 Annual Clinical and Scientific Meeting, May 2–6, [...]
Third Annual Medical Informatics World Conference 2015
2015-05-04 - 2015-05-05    
All Day
About the Conference Held each year in Boston, Medical Informatics World connects more than 400 healthcare, biomedical science, health informatics, and IT leaders to navigate [...]
Health IT Marketing &PR Conference
2015-05-07 - 2015-05-08    
All Day
The Health IT Marketing and PR Conference (HITMC) is organized by HealthcareScene.com and InfluentialNetworks.com. Healthcare Scene is a network of influential Healthcare IT blogs and health IT career [...]
Becker's Hospital Review 6th Annual Meeting
2015-05-07 - 2015-05-09    
All Day
This ​exclusive ​conference ​brings ​together ​hospital ​business ​and ​strategy ​leaders ​to ​discuss ​how ​to ​improve ​your ​hospital ​and ​its ​bottom ​line ​in ​these ​challenging ​but ​opportunity-filled ​times. The ​best ​minds ​in ​the ​hospital ​field ​will ​discuss ​opportunities ​for ​hospitals ​plus ​provide ​practical ​and ​immediately ​useful ​guidance ​on ​ACOs, ​physician-hospital ​integration, ​improving ​profitability ​and ​key ​specialties. Cancellation ​Policy: ​Written ​cancellation ​requests ​must ​be ​received ​within ​120 ​days ​of ​transaction ​or ​by ​March ​1, ​2015, ​whichever ​is ​first. ​ ​Refunds ​are ​subject ​to ​a ​$100 ​processing ​fee. ​Refunds ​will ​not ​be ​made ​after ​this ​date. Click Here to Register
Big Data & Analytics in Healthcare Summit
2015-05-13 - 2015-05-14    
All Day
Big Data & Analytics in Healthcare Summit "Improve Outcomes with Big Data" May 13–14 Philadelphia, 2015 Why Attend This Summit will bring together healthcare executives [...]
iHT2 Health IT Summit in Boston
2015-05-19 - 2015-05-20    
All Day
iHT2 [eye-h-tee-squared]: 1. an awe-inspiring summit featuring some of the world.s best and brightest. 2. great food for thought that will leave you begging for more. 3. [...]
2015 Convergence Summit
2015-05-26 - 2015-05-28    
All Day
The Convergence Summit is WLSA’s annual flagship event where healthcare, technology and wireless health communication leaders tackle key issues facing the connected health community. WLSA designs [...]
eHealth 2015: Making Connections
2015-05-31    
All Day
e-Health 2015: Making Connections Canada's ONLY National e-Health Conference and Tradeshow WE LOOK FORWARD TO SEEING YOU IN TORONTO! Hotel accommodation The e-Health 2015 Organizing [...]
Events on 2015-05-04
Events on 2015-05-07
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Events on 2015-05-19
Events on 2015-05-26
2015 Convergence Summit
26 May 15
San Diego
Events on 2015-05-31
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.