Join us for an informative overview on the key need-to-know trends and issues in physician and executive compensation. Our industry experts will review insights and strategies to help you develop total compensation plans for your leaders and employed/affiliated physicians that will help your organization adapt to healthcare reform initiatives, and operate effectively in a changing and unchartered environment.
Trends in Executive Compensation
The spotlight on executive compensation is shining bright, and it’s focused the strongest on the healthcare industry. Governmental agencies and taskforces, patients, physicians, and the communities served all have a significant stake in the healthcare system and are taking action to address the cost of healthcare, focusing on executive compensation.
The executive compensation practices of virtually all sectors of the healthcare industry are being audited by both federal and state governmental agencies. In addition, pay for healthcare executives is regularly scrutinized in the local and national media.
The recent surge in audits and scrutiny of healthcare organizations’ executive compensation practices will be reviewed. Key points to be discussed include:
- Federal and state governmental audits of executive compensation of healthcare notfor-
profit organizations
- Board and officer responsibilities and liability for executive compensation of healthcare
not-for-profit organizations
- Best practices of not-for-profit healthcare organizations for executive compensation,
including:
- Transparency and disclosure
- New developments in executive compensation strategies, such as incentive
programs and deferred compensation
- Recruiting and retaining talent
- Special executive compensation issues for healthcare for-profit organizations
Trends in Physician Compensation
Physician affiliation and compensation programs today are changing rapidly as physician integration, alignment and performance have become critical components of all health systems success. Whether it is improving financial performance, practice efficiency and productivity, focusing on quality and the patient care experience, or aligning physician incentives with hospital outcomes, healthcare reform and reimbursement pressures have resulted in physician alignment and compensation models undergoing significant change.
Today more than ever, it is critical that hospital executives understand the various models that are driving these market change and what can and can not be done with respect to aligning physician compensation with hospital goals and objectives; especially in light of the heightened regulatory focus on all economic relationships between hospitals and physicians.
Key points to be discussed include:
- Discussion of the latest affiliation and compensation models
- Identification of critical success factors for implementing the latest compensation programs
- Best practices for ensuring regulatory compliance around fair market value and commercial reasonableness
Hotel Reservations
Sheraton Arlington Hotel
1500 Convention Center Drive
Arlington, Texas 76011
Call: (817) 261-8200
Visit the Sheraton Arlington website
Seminar Registration Cost
Early-bird fee: $99 (Through April 30, 2012)
Standard fee: $149
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