Tuesday, June 12, 2007

How Hospital Administrators Think

Here's an inside glimpse:
Compensation as a strategic tool has been gaining traction for a number of years in healthcare. But seeing compensation as a competitive tool, not for recruitment, but for market share, is just starting to be discussed. Hospitals are spending resources and energy competing with their neighboring care providers for physician referrals and community support. But could the real battleground be in recruiting away talent – with the main goal to severely curtail an institution’s ability to provide a service, thus limiting their ability to gain market share?
All's fair in love and war, I guess.

-Wes

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