JPS considers changing salary incentives for top executives
December 11, 2008
JPS Health Network’s top executives would have to focus primarily on improving patient care and patient satisfaction, rather than on bolstering the hospital district’s bottom line, if they want to earn bonuses, according to a proposal that the board may vote on today.
Or bonuses could be scrapped altogether, in favor of salary increases tied to patient care improvements.
“We have to focus on things that are important to the patients,” JPS Board Chairman Steve Montgomery said. “There will be a lot of quality outcome measurements woven into the patient satisfaction and physician satisfaction benchmarks.” Montgomery said previous executive goals, called critical success factors, were too heavily based on financial performance, and many were too easy to achieve.
“They hit [those] out of the park,” he said. As a result, executives, such as former Chief Executive David Cecero, earned hefty bonuses. While JPS performed well financially and accumulated hundreds of millions of dollars in surpluses in recent years, patient satisfaction scores have suffered.
Read Article: Star-Telegram
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