Data Tools

Health Care Pay and Performance Modeler

Whether you need to evaluate the alignment of executive pay and performance, adjust peer groups for performance-based benchmarking scopes, modify incentive plan measures, or attract new talent, this tool gives you access to the relevant data your Compensation Committee and executives need to make the best decisions possible.

 

Skip the Guesswork

Now, your Board no longer has to guess how your executive compensation levels stack up against your organization's performance. With just a few simple clicks, our new proprietary benchmarking tool provides your Board Compensation Committee and executive leaders with answers to questions such as:

  • How does our CEO's cash compensation compare to a group of peers selected by HCHAPS scores similar to ours?
  • If we looked at other organizations with similar financial performance to our own, would our COO's pay look high, low, or in line with our performance-based peer group?
  • We consider ourselves best-in-class. Does our executive compensation reflect the premium that "Iconic Brands" routinely pay? Are we at risk of not attracting the best talent if we don't incorporate the premier value of our brand in our compensation philosophy and program design?

Request more information about our Health Care Pay and Performance Modeler  

 

Reduce Risks

This tool has the capability to reduce uncertainty that can creep into pay decisions when relative performance data is not available. By reducing uncertainty, organizations can reduce risks associated with:

  • Overpaying for poor performance
  • Not attracting top talent as a first-class brand without the total rewards package to show it
  • Comparing your pay to peer organizations that don't enjoy the same strong financial performance as you do
 

Predict Potential Outcomes

Your Compensation Committee and executives can model a multitude of "What if" scenarios, including:

  • What if we selected a peer group based solely on size without regard to quality outcomes—how would our pay compare?
  • What if we added a screen for quality outcomes—how does our pay now compare?
  • What if we included an additional screen for financial performance—does our compensation still tell the right story?
 

Facts About the Tool

Here are some key facts you need to know about the tool.

  • Peer group selection from more than 400 organizations
  • Performance criteria based on Financial, Quality, and Operations Outcomes
  • System-level compensation data updated annually
  • Customized reports created quickly
  • Easy-to-understand "Dashboard" scoring
  • Informs critical decisions on compensation design, executive performance, succession planning, productivity improvements, and much more

Talk to an Expert

To learn more about how data tools can help you conduct custom in-depth analysis, backed by robust data and consulting expertise, connect with our team.