WEBINAR | COVID-19: Managing Human Capital and Ensuring Sustainability

Featuring data and insights from SullivanCotter's recent research

Hosted by the American Hospital Association

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Hospitals and health care systems across the United States face unprecedented financial and workforce challenges resulting from the COVID-19 pandemic. As the crisis continues to evolve, it is imperative that organizations review compensation-related practices across their entire workforce to identify modifications required to support changes in deployment and organizational financial sustainability while also ensuring the wellbeing of employees and patients.

The way in which organizations are addressing these emerging challenges covers a broad spectrum of related responses and solutions. Practices can vary depending on a number of factors:

• Degree to which the surge of the virus is impacting operations
• Impact of canceling elective surgeries and closing ambulatory care operations
• Need to preserve cash reserves
• Costs associated with virus preparation and treatment
• Extent to which care is coordinated on a local, regional and potentially even national level

Although individual responses to the crisis are inherently unique to each organization, there is tremendous value in understanding how peers across the country are responding to similar challenges.

In this webinar, SullivanCotter will discuss how health care organizations are adjusting their compensation practices and human capital strategies in response to COVID-19. We will present data from recent SullivanCotter research highlighting the impact of COVID-19 on related practices for executives, physicians, advanced practice providers (APPs) and other health care employees. We will also share SullivanCotter’s interpretation regarding how the human capital landscape may change key components of talent management and total rewards after the crisis subsides.