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Dissecting the HMO-benefits managers relationship: what to measure and why
1Department of Marketing, University of Wisconsin-Whitewater, USA.
Health maintenance organizations (HMOs) can strengthen partnerships with employee benefits managers (EBMs) by understanding how service dimensions impact satisfaction and loyalty. Tailored strategies are key to reducing defections and fostering long-term relationships.
Area of Science:
- Healthcare Management
- Relationship Marketing
- Organizational Behavior
Background:
- The relationship between health maintenance organizations (HMOs) and employee benefits managers (EBMs) is intricate and multifaceted.
- Understanding this dynamic is crucial for HMOs seeking to retain clients and enhance service offerings.
Purpose of the Study:
- To apply relationship marketing theory to analyze the HMO-EBM interorganizational bond.
- To identify how different service dimensions influence overall satisfaction, perceived quality, and loyalty within the HMO-EBM relationship.
- To inform strategic development for HMOs aiming to build and sustain strong partnerships with EBMs.
Main Methods:
- Utilized relationship marketing theory as a framework.
- Analyzed the multidimensional nature of the HMO-EBM relationship.
- Examined the impact of various service dimensions on key relationship metrics.
Main Results:
- The significance of specific service dimensions varies based on whether the outcome measured is overall satisfaction, overall quality, or loyalty.
- Relationship marketing strategies can effectively strengthen interorganizational bonds between HMOs and EBMs.
- These strategies can also contribute to reducing client defections to competing health plans.
Conclusions:
- HMOs must recognize the nuanced impact of service dimensions on relationship outcomes.
- Developing targeted strategies, informed by relationship marketing principles, is essential for fostering enduring partnerships with EBMs.
- A deeper understanding of these relationships allows HMOs to proactively manage client retention and satisfaction.
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