Market Overview

SullivanCotter and HighRoads Launch Survey to Provide Comprehensive Data on Hospital and Health Systems Benefit Plans

BOSTON--(BUSINESS WIRE)--

Sullivan, Cotter and Associates, Inc, a human resources and total compensation consulting firm specializing in the health care industry, and HighRoads the industry leader in employer health care compliance and benefits management, today announced their Second Annual Employee Benefit Practices in Hospitals and Health Systems survey is now open for participation.

The SullivanCotter/HighRoads Survey of Employee Benefit Practices in Hospitals and Health Systems is the only comprehensive broad-based benefits survey that is specifically designed for hospitals and health systems.

The inaugural 2012 survey included responses from 179 participants, representing a diverse group of more than 1.6 million total employee lives. “The survey fills a much needed gap for hospital systems in identifying and benchmarking our unique plans and pricing strategies,” said Brian McKinney, Manager, Financial Analysis and Reporting, HCA Healthcare. “No other survey addresses hospital specifics to the degree that the SullivanCotter/HighRoads Benefit Survey does.”

The deadline for this year's data submission is November 21, 2012 and participation has been made easier this year by pre-loading data for prior year participants.

“In addition to allowing your organization to benchmark plan design and cost information against your peers, the final survey report will outline what other health care organizations are doing to address key issues such as cost control, population health management, domestic accounting, and health care reform,” said Maureen Cotter, senior director, HighRoads.

"Unique issues such as domestic utilization, on-site pharmacies, and internal accounting can significantly impact benefit costs, which can make it very difficult for health care organizations to accurately benchmark against their peers. This survey will help organizations identify those key differences and gain a better understanding of the complete picture", said Mike Gaal, a senior consultant and health care actuary with SullivanCotter.

Survey participants will receive a complimentary copy of the final report valued at $2,500 which includes a summary of all survey responses in addition to detailed data tables that are broken down by region and employer size.

For more information on how your organization can participate in the survey, please contact surveys@sullivancotter.comor call 1-888-739-7039.

About HighRoads

The world's leading employers choose HighRoads to gain complete control over their health care costs and compliance. HighRoads' SaaS-based solutions provide employers with complete benefits management capability, including benefits plan information and pricing, competitive benefits benchmarks, and compliance management. The privately-held company is headquartered in Woburn, MA. For more information, visit www.HighRoads.com.

About Sullivan, Cotter and Associates, Inc.

SullivanCotter is the leading independent consulting firm in the assessment and development of tailored total compensation and reward programs for the health care industry. For more than 20 years, the Firm has provided executive, physician and employee compensation and governance counsel to a wide variety of health care and higher education organizations, associations and foundations. A recognized leader in health care compensation benchmarking trends and analyses, SullivanCotter has also developed the most widely recognized physician and health care executive compensation surveys in the United States. Building from this unparalleled data, the Firm works closely with executives, boards and compensation committees to devise innovative solutions to attract and retain talent while satisfying business objectives and regulatory requirements. For more information visit sullivancotter.com or call 888.739.7039.

HighRoads Company Contact:
Petra Marino, 781-503-4031
pmarino@highroads.com
or
HighRoads Media Contact:
Erin Jones, 704-664-2170
erinj@Spiralgroup.com

 

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