Modern Healthcare | The Latest Trends in Executive Compensation
Modern Healthcare's annual executive compensation article explores the latest trends that health care organizations should consider.
Market Drivers for Value-Based Primary Care Physician Compensation Models
To support the achievement of the Triple Aim goals, The Centers for Medicare and Medicaid Services (CMS) set forth a plan to shift Medicare’s reimbursement methodology from a volume-based system to a value-based system.
SullivanCotter Provider Needs Assessment Services Help Match Clinical Resources with Localized Demand
SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of rewards programs and workforce solutions for the health care industry and not-for-profit sector, has made adjustments and enhancements to its Provider Needs Assessment (PNA) services to better help hospitals and health systems as they build strategic workforce plans to support service line expansions, care team development, and population health initiatives, while managing for optimal cost and efficiency
Measure, Assess and Improve Medical Group Performance
A comprehensive performance assessment and improvement plan should be considered if your organization is not meeting the objectives of the Quadruple Aim, lacks an effective physician leadership structure, or requires adjustments to physician compensation to help drive desired outcomes.
SullivanCotter Launches New C3 Nonprofit Consulting Group
SullivanCotter, the nation's leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and data products for the health care industry and nonprofit sector, has launched its C3 Nonprofit Consulting Group, forming a distinct business whose mission is to partner with the world's most impactful nonprofit organizations to navigate people and culture solutions.
Proactive Workforce Planning: Grounded in Data
Featured in Fierce Healthcare, SullivanCotter’s President and CEO, Ted Chien, outlines the importance of utilizing robust data and benchmarks to build a more resilient workforce model that helps support the delivery of high-quality care and enhance financial sustainability.
Physician-Hospital Affiliation Strategies
Market pressures continue to test the financial sustainability of health care organizations nationwide. To succeed in a rapidly evolving marketplace, health systems, medical groups and physicians must work together to develop a more intentional and comprehensive affiliation strategy to help drive performance and improve outcomes.
PRESS RELEASE | SullivanCotter Expands Advanced Practice Provider Services Team
With the appointment of Zachary Hartsell as the firm's APP Market Leader and the addition of new consulting talent Lacey Buckler and Hadley Powless, SullivanCotter continues to build out a team of highly specialized experts and industry leaders in APP workforce compensation, utilization, care delivery and workforce planning.
PRESS RELEASE | Cost of Labor Increases Amid Ongoing Health Care Workforce Crisis
Health care organizations are in an ongoing workforce crisis, and they continue to struggle with high turnover, employee burnout, wage pressure and other recruitment and retention challenges – all of which have driven up the cost of labor, increased the competition for talent, and forced organizations to consider the relationships between workforce design, talent, compensation, and performance management.
Utilizing Physician Compensation and Productivity Benchmarks
Changes to the Physician Fee Schedule have materially impacted the most recent set of physician compensation and productivity benchmarks. As a result, year-over-year comparisons of survey benchmarks require special review and must be carefully considered when incorporating insights into workforce planning and compensation decision-making.
INFOGRAPHIC | Split/Shared Billing – Change Management
Struggling to understand the recent changes to split/shared billing and how it will affect physician and APP workflow? View a timeline of past and upcoming changes to help properly plan for and address the pending modifications.
INFOGRAPHIC | 2022 Workforce Metrics Benchmark Survey
Utilizing data from SullivanCotter’s 2022 Workforce Metrics Benchmark Survey – which includes information on 10 job families, 6 career level stages, and 3 demographic groupings – organizations can reevaluate their employee workforce planning and distribution efforts to help offset rising costs and create a more sustainable workforce architecture.
INFOGRAPHIC | 2023 Physician Fee Schedule Changes
Does your organization understand how changes to the 2023 Physician Fee Schedule may affect wRVU productivity in different specialties and settings - including hospital inpatient and observation, emergency services and skilled nursing facilities?
Physician Fee Schedule: 2023 Changes
As health systems evaluate changes to the 2023 Physician Fee Schedule, they must be aware of the impact on Medicare reimbursement, reported wRVUs, and provider compensation plans forspecialties most likely to be affected.
The Need for Competitive APP Compensation Programs
Featured in a recent article from RevCycle Intelligence, data from SullivanCotter's 2022 APP Compensation and Productivity Survey highlights the need for more dynamic compensation practices for nurse practitioners (NPs), physician assistants (PAs) and certified registered nurse anesthetists (CRNAs).
Rethinking Executive Compensation and Performance Metrics
Ted Chien discusses how health care leaders of today must strike a delicate balance that requires managing financial and growth metrics, increasing the speed of transformation, and building the health systems of tomorrow. So how do we redefine compensation models to reward all these behaviors?
Hiring Gains Alone Won’t Solve the Health Care Workforce Crisis
Health care is in the midst of an ongoing workforce crisis as the demand for care is outpacing the supply of labor. To help fortify the nation's health care system by building a sustainable pipeline of future talent, Ted Chien, SullivanCotter's President and CEO, discusses how hospitals and health systems can meet this challenge through smarter technology, resilient teams, and excellence in leadership.
Advanced Practice Providers: Highest Paid Specialties and Regions
Utilizing data from SullivanCotter's 2022 Advanced Practice Provider Compensation and Productivity Survey, Becker's Hospital Review has listed the top 20 highest-paid specialties for both nurse practitioners and physician assistants. It also shares median total cash compensation by region.
INFOGRAPHIC | 2022 Health Care Staff Compensation Survey
SullivanCotter’s 2022 Health Care Staff Compensation Survey includes data from nearly 1,300 organizations on more than 1.2M individual employees- providing organizations with critical compensation market data, information on key employee workforce practices, and insight into emerging industry trends.
PRESS RELEASE | APP Survey Results Highlight Dynamic Market for Talent
With median total cash compensation (TCC) up by 4.5% over last year for nurse practitioners (NPs) and physician assistants (PAs) across all major specialty categories – primary care, medical, surgical and hospital-based – this year’s results reflect a dynamic market requiring organizations to develop more competitive approaches to advanced practice provider (APP) compensation.