SullivanCotter's Dave Hesselink recently sat down with Modern Healthcare to discuss how employers are getting more creative – beyond just increasing pay – to attract and retain physicians in a competitive marketplace.

Results from SullivanCotter's 2024 Health Care Management and Executive Compensation Survey show that median base salaries grew by 5.2% – reflecting the high demand for executive talent.

The competition for APP talent is unprecedented and is placing upward pressure on compensation as organizations look to bridge the gap between higher patient volumes and limited access to care.

Dive deeper into the results of this year's survey – including annual changes in compensation and wRVU productivity from 2023-2024.

Although median total cash compensation (TCC) continues to increase, it has returned to historical average growth of 3.5% following a year of significant increases in 2023. Learn more about changes in TCC, base salary, and wRVU productivity as reported in SullivanCotter's 2024 Physician Compensation and Productivity Survey.

Lear more about annual changes in physician total cash compensation and wRVU productivity by specialty area!

Executive long-term incentive plans have evolved to focus on key transformational and strategic objectives that promote resiliency and sustainability. Is your organization up to speed? Follow our simple framework for guidance on how to support LTIP goal setting, measure selection, and calibration.

Maintain effective relationships and foster greater engagement with clinicians to support long-term system sustainability.

Attracting and retaining executive talent in today's market is no easy feat. Many organizations are paying higher salaries, reassessing incentives, and investing more in key positions to stay competitive. Learn more from Modern Healthcare's annual executive compensation feature.

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.

Fair market value (FMV) assessments aren't just about compliance – they also help to support a more holistic and well-rounded understanding of your physician workforce. Learn how to leverage these results more strategically!

As hospitals and health systems continue to address dynamic market, workforce, and operational challenges, ensuring financial sustainability is necessary. This can be found in the orchestrated confluence of strategically aligned and rationalized service portfolios, performance metric and incentive alignment, clinical workforce design, and performance optimization.

How is your organization addressing ongoing nursing shortages? Join our recent webinar hosted by the American Hospital Association to learn about developing a more holistic approach to recruitment and retention.

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.

In this article, SullivanCotter provides initial guidance for health care organizations to consider – including an overview of the Final Rule, potential implications on employment arrangements, and steps to take as they develop action plans to move forward.

In a recent episode of the Governing Health Podcast Series from McDermott Will & Emery, Bruce Greenblatt joins Michael Peregrine to unravel the complex landscape of board compensation within not-for-profit health care organizations.

Health care organizations are under pressure to ensure proper staffing and continuity of care to support the communities they serve. In addition to determining the right number and type of clinicians, organizations must also monitor potential retirements and reductions in clinical productivity levels to help inform succession planning needs.

Without a stable and engaged workforce, health care organizations are limited in their ability to truly transform. Learn more from SullivanCotter's President and CEO, Ted Chien, on how organizations can address the ongoing labor crisis.

This article focuses on common total rewards challenges that many health care organizations encounter during an M&A transaction. Recognizing and addressing these opportunities will help minimize potential risks and deal-breakers, prioritize pre- and post-merger activities, and support a successful implementation process.

In this AHLA-sponsored podcast, we collaborate with legal expert Michael Peregrine to provide a blueprint for compensation committees to follow as they redefine their approach to executive compensation.