“With nearly 6,000 hospitals and hundreds of health systems competing for executive talent, there are always plenty of open positions and a lot of recruiting activity,” Mr. Bjork wrote in a recent article. “Few hospitals have sufficient bench strength to fill many of their leadership positions through internal promotions, so they need to recruit talent from other organizations, where the candidates are already well-paid and aren’t likely to move without a significant raise.”
Additionally, as hospitals and health systems continue to transition their organizations to the new value-based payment world, boards and trustees are looking for people who can improve quality and cost efficiencies quickly — all while trying to keep up with the current, rapid pace of healthcare reform.
“[Boards and trustees] are looking for the best people they can find, not someone willing to start low in the salary range for the job,” Mr. Bjork wrote.
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