The healthcare industry has faced immense challenges in recent years – from consolidations to pandemics to workforce changes. Though the pace of change can feel relentless, there is power in coming together. In the past, care teams were often smaller, many a part of physician-owned groups, enabling tight collaboration and local problem solving. Now, healthcare encompasses both micro issues and macro strategy.
How can we regain the power of a teamwork comp strategy on a larger scale?
Part of the solution is compensation strategies that align and reward individuals, groups, specialties, regions, other teams, and organizations as a whole. Smart compensation plans can value each person’s unique contributions while incentivizing collective goals. This level of complexity requires robust infrastructure and information technology readiness. With the right systems in place, we can translate big-picture vision into day-to-day coordination with compensation as a catalyst.
By focusing on alignment, collaboration, and the human side of healthcare, we can meet today’s challenges with the power of teamwork. Though the battlefield may feel vast, we are not alone. Progress comes from lending our talents to something larger than ourselves and while this component is valued with today’s workforce is not being optimally leveraged by organizations.
The future of healthcare lies in lifting each other up – through knowledge, technology, and shared purpose. Together, we can shape a system defined by empathy, quality, and the understanding that we are all in this together.
