Aligning executive compensation with innovation in healthcare systems

The healthcare landscape is evolving – and so must executive compensation strategies. As health systems pursue innovation to drive growth and financial stability, traditional pay models are no longer enough. Organizations are creating centralized innovation centers and launching subsidiary ventures to diversify revenue streams, and these forward-looking structures demand a fresh approach to rewarding leadership.

In this article, Jeff Holdvogt, Kerrin Slattery, and Michael Peregrine explore strategies for aligning pay with new models.

Jeffrey Holdvogt
Jeffrey (Jeff) M. Holdvogt regularly counsels public and privately held companies and tax-exempt organizations on a wide range of employee benefits matters. These include the design and administration of complex pension, 401(k) and 403(b) plans, nonqualified and executive deferred compensation arrangements, fiduciary and plan investment issues under the Employee Retirement Income Security Act (ERISA), internal compliance reviews and voluntary correction filings, and benefit plan matters arising from mergers and acquisitions, as well as other ongoing day-to-day retirement and executive compensation issues. Read Jeff Holdvogt's full bio.


Kerrin B. Slattery
With a diverse transaction practice focused on hospitals, health systems, investors and other healthcare industry participants throughout the country, Kerrin B. Slattery has earned a reputation for excellence. Her significant experience across a wide range of health industry transactions, including mergers, acquisitions, affiliations, joint ventures and system restructurings involving nonprofit hospitals and health systems, academic medical centers, post-acute providers, large medical groups and their investors, makes her a valuable partner to healthcare leaders working to implement strategy, drive innovation and operate in a highly-regulated and rapidly evolving landscape. Read Kerrin Slattery's full bio.


Michael W. Peregrine
Michael W. Peregrine represents corporations, their boards of directors, and individual directors and officers in connection with the full range of governance, fiduciary duty, director liability and leadership issues. Much of Michael’s practice involves advising boards of directors on matters of sensitivity and controversy, often in connection with corporate and fiduciary crises. He is recognized as one of the leading national corporate governance counselors and is a respected interpreter of the law of fiduciary duties.Read Michael W. Peregrine's full bio.

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