Healthcare management teams and boards are tasked with operating successfully in a fee-for-service mode, while simultaneously moving to new models of reimbursement. There are substantial risk elements at play including the transformation of care and service delivery; forging partnerships and strategic alliances; and capital, technological, and personnel expenditures. Executive compensation can play a critical role in balancing the complexities of creating a new type of leadership and developing new operational models by aligning pay programs to near- and long-term strategic objectives.
This webinar examines how health care boards and compensation committees can address specific challenges including:
- Identifying board risk in the business strategy
- Addressing risk in the compensation committee
- Utilizing best practices in executive compensation from other industries
- Expanding the board’s/committee’s role
- Communication
