Journal List > J Korean Acad Nurs Adm > v.17(4) > 1051618

Yom and Lee: Causal Relationships Among Perceived Risk, Satisfaction, Switching Cost and Loyalty in Outpatient Health Services

Abstract

Purpose

The purpose of this study was to examine the causal relationships of perceived risk, satisfaction, switching cost and loyalty in outpatient health services.

Method

A survey using a structured questionnaire was conducted with 393 hospital outpatients. The analysis of data was done with both SPSS Win 17.0 for descriptive statistics and AMOS 18.0 for structural equation model.

Results

The causal model yielded Chi-square=31.44 (p=<.001), df=4, GFI=.98, AGFI=.87, CFI=.97, RMSR=.04, NFI=.96, IFI=.97 and showed relatively good fit indices. Perceived risk had a significant direct effect on customer satisfaction. Customer satisfaction, financial switching cost and relational switching cost had significant direct effects on customer loyalty. Perceived risk and customer satisfaction had significant indirect effects on customer loyalty.

Conclusion

These results suggest that we should decrease the perceived risk and improve the customer satisfaction and switching cost to retain loyal customers. Further study with both a larger sample from various hospitals and a longitudinal design is necessary.

Figures and Tables

Figure 1
Conceptual framework.
jkana-17-516-g001
Table 1
Demographic Characteristics (N=393)
jkana-17-516-i001
Table 2
Means and Correlations among Variables
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Table 3
Standardized Direct Effect, Indirect Effect, and Total Effect in the Modified Model
jkana-17-516-i003

SMC =squared multiple correlations.

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