Hospitals, health systems and other not-for-profit organizations such as private foundations and endowments, service and charitable organizations, trade associations and more are in the midst of dynamic industry changes, and accountability for organizational performance is more important than ever.
Managing exposure to risk and ensuring comprehensive board oversight remains a constant challenge. Organizations require actionable intelligence and insight as executive governance priorities evolve.
SullivanCotter helps organizations mitigate risk and limit governance liability while aligning total compensation program philosophy, policy and strategy. With our proprietary survey benchmarking data and a deep understanding of our clients’ current realities and future goals, we help to ensure the development of effective executive governance practices tailored to the needs of each organization.
We work with boards to ask, answer and consider the right questions:
- Are executive and physician pay practices, compensation levels, incentives and benefits consistent with market practices? If not, why?
- Are these practices consistent, documented and defensibly prudent across the entire organization?
- How do supplemental executive retirement plans and incentive compensation components align with broader strategies for retention? Again, are the criteria and decision processes documented and defensible?
- Are physician compensation approaches compliant with broader regulatory guidance, including Stark, Anti-Kickback and Office of Inspector General (OIG) opinions?
Related Information
Learn how to mitigate emerging risks and limit governance liability with sound strategies, policies and processes.
Related Resources
Navigating the Nuances of Executive Compensation and Talent Management in Challenging Times
SullivanCotter recently outlined the top priorities for compensation committees to consider as they revisit executive compensation, performance, and talent management strategies in such challenging times.
Top 10 Considerations for Executive Compensation and Governance
What is your executive compensation strategy missing? SullivanCotter outlines ten important considerations for your Board’s Compensation Committee as oversee executive compensation and governance in a tight market for talent.