Hospitals, clinics, physician practices, and other healthcare organizations are dealing with a population of people who are living longer and, therefore, need increased medical services.  The challenge is to provide appropriate care when services are increasing in sophistication and cost, in an environment where insurance companies and both the states and federal governments are cutting funding and adding new restrictions to services.

In this challenged environment, healthcare organizations are working hard to recruit and retain qualified individuals which are necessary to provide the required services, while trying to manage reduced financial resources, increased government involvement, and growing public scrutiny.

 CRI has introduced a variety of creative and cost-effective healthcare compensation programs that have proven effective at achieving business goals of hospitals, nursing homes, rehabilitation facilities, community health centers, and other healthcare organizations, examples of which include:

• Designing meaningful pay for performance programs that focus on the achievement of key strategic goals and objectives;
• Successfully transitioning from an entitlement mentality to a culture of pay tied to results;
• Ensuring the successful completion of a major new construction that rewarded key employees for meeting and exceeding time and budget requirements;
• Combining a myriad of different programs into a uniform recognition and reward plan;
• Developing highly-effective performance management programs that meet JC requirements, while helping to increase accountability;
• Assimilating disparate compensation and human capital plans of different operating units into a cohesive and comprehensive program
• Ensuring compliance with key regulatory and IRS rules governing pay, including executive compensation in light of IRC Section 4958 on Intermediate Sanctions.

We would be happy to discuss your compensation-related issues, and see how CRI can be of assistance.  Please call Diana Neelman at 201-934-0505 x105 or Sara Schmidt at x110.