Health care is undergoing a transformation. As the industry becomes increasingly complex, organizations must develop a better understanding of what drives physician performance in order to stay ahead of the curve.
Engaging providers in the transition from volume- to value-based care is critical, and aligning physician and APP compensation with an organization’s mission and strategic performance objectives is necessary to drive change and deliver long-term, sustainable results.
Organizations that partner with SullivanCotter gain access to experienced health care consulting teams, leading research on all aspects of provider total compensation and rewards practices, and insights that support organizational change. Our comprehensive and integrated workforce solutions, which also include executive, advanced practice provider (APP) and employee compensation and performance strategies, are supported by our exclusive, industry-leading compensation and productivity data, enabling us to better advise our clients and help them achieve their strategic objectives faster.
As a result, our clients can better:
- Attract, engage and retain the best physician talent possible through our customized compensation design programs, which include provider practice models, group culture, total rewards preferences and key organizational strategic initiatives
- Align physician enterprise objectives with overall business performance drivers
- Increase the transparency of performance accountabilities and incentives that support care delivery and payer strategies
- Navigate the complex compensation regulatory environment that requires fair market value and commercially reasonable financial arrangements for physicians
- Support successful merger and acquisition outcomes with a proactive approach to business valuation, governance and compensation-related due diligence
- Validate strategic decisions via data comparisons, market surveys and comparable physician rewards analyses
- Increase provider participation in the compensation and regulatory review processes as well as enhance governance and management oversight of these programs and their results
- Understand industry trends and develop total reward strategies that support the operating priorities of the organization
- Identify and develop both existing and emerging roles as the health care industry evolves
Related Resources
Understanding Co-Management Arrangements
Considering a co-management arrangement? Understand key drivers, compensation structures and payouts, and performance metrics and target setting.
PRESS RELEASE | SullivanCotter Integrates Health Care Contract Management Solution into PPMT™
SullivanCotter announces partnership with Ntracts to incorporate full-scale contract lifecycle management as part of its comprehensive Provider Performance Management Technology™ (PPMT) platform.
PRESS RELEASE | Annual results from SullivanCotter’s Physician Compensation and Productivity Survey
The 2020 Manager and Executive Compensation in Hospitals and Health Systems Survey contains the last set of benchmark data compiled prior to the onset of COVID-19 and provides important pre-pandemic reference points for assessing executive compensation programs in 2020 and beyond.