Customers Pay You for Performance

I will pay you for better customer service, a better experience, higher satisfaction.

No, this isn’t me talking to you; this is the Federal Government talking to hospitals. In a Healthcare Leaders Media article, the author states that “Higher Medicare reimbursements will require higher patient satisfaction scores, which will require higher employee engagement, which will require strong HR initiatives.”

Think about your hospital…or clinic…or bank…or team…or college…or business. What if higher satisfaction of your customers increased your revenue? What if decreasing customer satisfaction lowered revenue?

Well…it already does!

In the article noted above, the Government is going to adjust reimbursement based on patient satisfaction scores – so that’s an obvious cause-and-effect relationship. But your business also has that same cause-and-effect relationship. If your customers are more satisfied with the experience, the relationship, the processes, people, and products, they will be more likely to return. They will be more likely to purchase more per visit. They’ll be more likely to refer you to friends. In short, the more satisfied they are, the more revenue you’ll receive.

So the question to you just like to the hospitals noted in the article is “How do you increase customer satisfaction?” The answer varies for every organization, but it generally comes down to this. Focus on your People – how can you improve their skills, knowledge, and attitudes? Focus on your Processes – how can you make them more simple, self-evident, efficient, and quality-based? Focus on your Products – how can you improve the quality and effectiveness in addressing the customer’s need?

To drive up customer satisfaction, drive up the performance of your People, Processes, and Products.

Read our New Book – “Ask Yourself…Am I GREAT at Customer Service?” http://www.amigreatat.com/

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Posted on in Business Advice, Healthcare

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