Trends in Healthcare Executive Performance Incentives
Annual incentive plans that reward executives for achieving year-end goals are almost universal across hospitals and health systems, according to data from Integrated Healthcare Strategies. Some large health systems also have long-term performance incentive programs that encourage leaders to achieve targets over a multi-year period.
Although financial performance is still the top criteria against which healthcare executives are measured, a large majority of health systems and hospitals also track patient satisfaction and clinical quality, according to Sullivan, Cotter & Associates, Inc.
Related Q&A: Moving the Dial with Employee and Executive Incentives
Publication Date: Monday, June 10, 2013