Join HCAT for an Executive Focused Event on July 21st (5-7:30pm): Changing Business Strategies and Aligning Executive Compensation

Tickets will be available in early June!

We welcome Healthcare Executives, Board Members, a C-Suite Members to attend this executive-focused event. Join us for a networking happy hour (5-6pm) and dynamic panel discussion (6-7:30pm).

Changing Business Strategies and Aligning Executive Compensation : Among the most daunting aspects of the ongoing transformation of healthcare delivery is that many of the changes will evolve gradually, requiring providers to simultaneously support traditional standards of patient care, while embracing new criteria more focused on promoting wellness. Business models, executive roles, and related executive compensation programs will undergo transformative changes as healthcare boards and compensation committees seek to establish remuneration programs that are sufficiently flexible to allow a migration toward this new strategic vision. Executive compensation arrangements will need to focus leaders on existing core operational competencies and results and encourage the innovation and execution necessary to succeed in tomorrow’s environment. Programs that are effective and capable of withstanding the scrutiny of investors, the community, regulators, and the media will be straightforward in design, closely aligned with mission and performance, and highly competitive given superior performance. The changes that many healthcare organizations will need to make will take some time and often require the clinical expertise of physicians and physician executives. Leadership pay programs must therefore provide the necessary incentives to encourage long-term collaboration between executives to achieve sustained success.