This assignment will demonstrate your understanding of management challenges with compensation, contracting, and negotiations in healthcare organizations. This essay requires you to apply your knowledge of compensation, contracting, and negotiation strategies in healthcare organizational management.
Choose a large healthcare organization of interest and obtain relevant information on their compensation, contracting, and negotiation strategies: CIGNA
- Analyze compensation strategies: What are the healthcare organization’s compensation strategies, including the types of compensation plans offered to employees, the process for determining employee compensation, and the impact of the compensation strategies on employee retention and recruitment?
- Analyze contracting strategies: What are the healthcare organization’s contracting strategies, including the types of contracts used, the negotiation process for contracts, and the impact of the contracting strategies on the organization’s financial performance.
- Analyze negotiation strategies: What are the healthcare organization’s negotiation strategies, including the types of negotiations conducted, the process for negotiation, and the impact of the negotiation strategies on the organization’s operations.
- Identify challenges: Identify at least 2 challenges (not 2 for each of the following) related to compensation, contracting, and negotiation strategies in the healthcare organization, and evaluate the impact of these challenges on the organization.
Have at least 3-4 references