INCENTI VE COMPENSATION RESEARCH PAPER
We have covered performance-based provider payments from payers to organizations. However, there are also many providers and healthcare systems who have created internal pay-for-performance packages to executives and upper management when certain financial and quality targets are met. In this time of declining revenues, analyze the appropriateness of continuing this form of incentive compensation.
Submit a 1,200-1,450 word paper in which you contrast the pros and cons of continuing an internal incentive compensation plan in today’s health care environment. Your paper should contain a minimum of two outside research resources.
Address the following:
Identify the benefits/drawbacks for incentive compensation programs.
What is the correct organizational setting for utilization of the incentive compensation approach?
How is organizational culture impacted by incentive compensation?