Healthcare Resources

  • Trends & Highlights: 2012 Executive Compensation Survey for Hospitals & Systems

    Added 5/10/12 Resource Categories: , , ,

    This executive summary of Yaffe & Company’s annual Executive Compensation Survey for Hospitals and Systems reports data effective January 1, 2012 for the chief executive officer, chief operating officer, and chief financial officer. All organizations that participated receive a complimentary copy of the report. If you are interested in further analysis, please register for our 2012 Executive Compensation Trends Webinar.

     

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  • Physician Compensation Governance

    Added 5/1/12 Resource Categories: ,

    In recent years there has been a dramatic increase in the number of hospitals employing physicians. The compensation structures for these employed physicians vary widely among hospitals and often even among physicians within the same hospital.

    Yaffe & Company conducted a brief survey to explore how hospitals are compensating physicians, including elements used to set compensation, methodologies employed, and board oversight of the process.

     

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  • 2011 Executive Compensation Report for Non-Profit Rehabilitation Hospitals

    Added 1/17/12 Resource Categories: , ,

    Yaffe & Company is pleased to present its 2011 Executive Compensation Report for Non-Profit Rehabilitation Hospitals. 72 organizations from across the country were invited to participate, and over 16% responded. Being that the survey is in its inaugural year, the results are being provided at no cost to all participants and invited organizations. In future years, the complimentary report will only be available to participating organizations.

    This year’s report includes data on 9 executive positions from 12 non-profit rehabilitation hospitals. The survey report presents base salary, total cash compensation and benefits information. In addition, the survey report provides information on the prevalence and practices of the following:

    • Incentive plans
    • Benefits programs, including basic life insurance, and long term disability
    • Supplemental Retirement programs
    • Contract Information
    • Perquisites, including automobile, club memberships, financial counseling, etc.

     

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  • The Expanding Role of the Compensation Committee

    Added 1/6/12 Resource Categories: , , , , , , , ,

    Rian and Alexander Yaffe co-authored a Monograph for the Center for Healthcare Goverenance focusing on the evolving role of the Compensation Committee.

    Historically, CEO compensation often was set by the hospital board chair or a small group of board leaders, with little or no input from the rest of the board. Even as compensation committees started to perform their roles more thoroughly, the full board was not made aware of the committee’s work or results. In recent years, increased regulatory requirements, the revised Internal Revenue Service (IRS) Form 990, media attention and general public scrutiny have focused board attention on executive compensation. The Patient Protection and Affordable Care Act of 2010 (ACA), which links Medicare payments to clinical quality measures and the patient’s overall care experience, has further sharpened the focus on hospital, and therefore executive, performance. These trends and the introduction of performance-based variable pay plans have added goal-setting for and performance evaluation of the organization’s chief executive to the duties of the Compensation Committee. In this context, the role of the board’s Compensation Committee has expanded, in scope and importance, beyond setting top executive salaries. The committee has become responsible for clarifying a health care organization’s strategic goals and aligning their accomplishment with compensation.

    Today, the committee’s role continues to expand, as it is being called upon to oversee succession planning and senior executive bench strength development. It now performs virtually all important human resource functions related to the organization’s top executives.

    Purchase Monograph

  • Navigating Succession Planning, Leadership Development, and CEO Transition

    Added 12/28/11 Resource Categories: , , , ,

    Because of the increasing complexity of the healthcare world, it is important for Board leadership to understand the bench strength of the executive team. Leaders promoted from within provide organizational continuity which can enable a smoother transition. This session will provide you with the tools to assess the bench strength of your executive team, identify areas where leadership development is necessary, and develop emergency and long-term succession plans.

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