Hospitals and health systems aren’t the only organizations grappling with how to navigate the transition from volume to value-based care.

Health plans are also feeling the pressure associated with changing reimbursement models, an uncertain regulatory environment and greater industry consolidation as they struggle to control costs and retain members in an increasingly complex and consumer-driven marketplace.

The ability to attract, retain and engage key talent through competitive and customized total rewards programs is essential to maintaining leadership stability in a rapidly evolving marketplace. With over 25 years of health care experience, SullivanCotter leverages deep industry insight and a wealth of proprietary data to help health plans across the country confidently manage their executive and employee compensation strategies. We work with boards and executives alike to analyze best practices, develop comprehensive governance processes and align workforce performance with key organizational objectives.

Our comprehensive services for health plans include:

Executive Compensation and Governance
  • Designing, evaluating and implementing executive total compensation programs
  • Selecting appropriate and defensible peer groups for compensation benchmarking
  • Determining and documenting reasonableness of compensation programs to help ensure compliance with federal and state regulations
  • Developing incoming and outgoing executive compensation and benefits packages
Employee Compensation
  • Designing competitive cash compensation programs, including salary and incentive programs
  • Developing salary administration strategies, including salary structure design and evaluation
  • Analyzing programs for external competitiveness and internal equity
Board Compensation and Governance
  • Educating board on best practices and regulatory requirements
  • Designing, evaluating and implementing board compensation programs
  • Researching and facilitating best practices in board governance

Navigate today’s evolving health care landscape with strategic workforce insights for your health plan.

Contact SullivanCotter

Related Resources

INFOGRAPHIC | Benchmarking Resources for the Medical Group Workforce

This year more than ever, medical groups require access to critical data-driven insights as they look to address the impact of COVID-19 on workforce compensation and productivity, prepare for the 2021 Physician Fee Schedule changes, and balance the need for competitive total reward programs against pressure on operating margins.

Read More

ARTICLE | 10 Best Practices for the Board’s Human Capital Committee

SullivanCotter highlights ten important components of a health care organization's human capital strategy – namely people, process and technology practices.

Read More

INFOGRAPHIC | 2020 Endowment and Foundation Investment Staff Compensation Survey

View highlights from SullivanCotter's 2020 Endowment and Investment Staff Compensation Survey

Read More