We’re featured in a special episode of McDermott Will & Schulte’s Governing Health podcast
What are health systems doing to increase financial stability, sustain growth and advance their missions in a complex operating environment?
Health system innovation is a must to stay ahead in an evolving healthcare landscape. Many are developing centralized innovation centers and launching new subsidiary business ventures to diversify revenue streams.
In this special series, SullivanCotter’s Bruce Greenblatt, Kathy Hastings, and John Collins join McDermott Will & Schulte to explore how these new, forward-thinking organizational structures are evolving and what compensation models should be in place to support the executives leading these new businesses.
If you’re a health care executive, board member or strategic legal advisor – you won’t want to miss this!
Listen now for greater insight into:
- Diversifying revenue sources and expanding income streams
- Innovation and venture businesses being pursued by non-profit healthcare organizations
- Strategies for structuring businesses by non-profits
- Differentiating compensation programs for leaders
- Risks of creating for-profit businesses while generating income from alternative non-patient care revenue sources
- Considerations for the design of the compensation program
- Key differences in payment for new and parent companies executives
- Performance metrics for new businesses
- Critical attributes of incentive programs
