gainsharing

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gainsharing

A financial collaboration between hospitals and health care professionals in which the parties agree to divide any benefits they achieve from increases in productivity or receipts or from decreases in costs.

References in periodicals archive ?

This is not to say that gainsharing should not be carried into other areas of the operation.

Gainsharing in newspapers: a two-way street to profitability

148) Unlike with the employment exception, the personal services exception often is not applied in situations where hospitals can bundle the physician's base salary and the incentive-based compensation received from a gainsharing arrangement together to perform a fair market value analysis.

Walking a tightrope: regulating Medicare fraud and abuse and the transition to value-based payment

The theory behind gainsharing is to align the payment incentives of the physicians with the hospital.

The new Jersey gainsharing experience

Yet other companies needing concessions from a union, like AAM, sometimes can substitute a gainsharing plan and the bonuses employees earn under it for the concessions needed in guaranteed pay-rates.

Which casting companies are most likely to be unionized? A survey of mid-American companies reveals similarities in those that go union

The common result of most Gainsharing programs, says a General Accounting Office report, is often a 22 percent decrease in waste, spoilage, and customer returns; a consistent boost in productivity; and a 17 percent increase in net profit for the year.

Benefits of gainsharing: number of companies using motivation technique is increasing

In 1999, the HHS Office of Inspector General issued a special advisory bulletin saying that the civil monetary penalty provision of the Social Security Act prohibits most gainsharing arrangements.

Gainsharing arrangements slowed by hospitals' legal fears

the goal upon which their gainsharing compensation is based.

Performance pays off: how one company encourages employees to think like owners and rewards them with bonuses worth even 50% of their salaries. (Performance Management)

Spurred on by gainsharing, the entire organization evolves naturally into a customer-focused, profit-oriented operation.

A new attitude: Three workers' compensation insurers improved their financial results through fundamental change. (Workers' Compensation: Industry Strategies)

A key assumption underlying his framing of this question is his belief that, if managed effectively, gainsharing will be applicable to and successful in any business organization.

Gainsharing and Power: Lessons from Six Scanlon Plans

When properly implemented, gainsharing integrates teamwork, communication, goal orientation and performance improvements into one system.

An exploratory examination of gainsharing in service organizations: implications of organizational citizenship behavior and pay satisfaction

Those with the largest percentage gains in popularity have been gainsharing (a form of large group incentives), followed by profit-sharing and gains in small group incentives (such as departmental).

The American Quest for Quality

The arguments have taken two distinct forms that followed disciplinary boundaries: behavioral arguments about employee participation and economic/sociological arguments about gainsharing and the division of profits.