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News & Articles

The MVI Compensation Survey: The Power of Performance Pay
posted by MVI | Nov 29 2016 - 3:12pm

Multi-View just distributed its annual Hospice Compensation Survey results. It reports current compensation packages for CEOs, CFOs, Clinical Managers, RNs, Social Workers, CNAs, Chaplains and more. For the second year we've included a section on performance pay. We're encouraged that more organizations are using standards pay and performance pay as part of their management systems. Not surprisingly Hospices that use performance pay or standards pay have have a 38% higher ADC than Hospices that do not. 

 

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The Topic that Simplifies Management
posted by MVI | Aug 29 2016 - 12:51pm

Compensation & the Model Workshop

The Topic that Simplifies Management: A MUST for CFOs 
September 26-27, 2016 | Flat Rock, NC – The Executive Conference Center
 
What is the #1 cost of a Hospice? Labor Costs! Since that is the case, shouldn’t you have your best financial brain working on this continually and avail themselves to what the top rung organizations do?
 

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Pay Your People Well!
posted by MVI | Aug 24 2016 - 10:34am

Why not pay your people well?
Why not structure your costs so your organization is always winning… with either low or high census?
Why not provide a level of quality that leads to tremendous financial results… the results your organization desires virtually 100% of the time?

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Establish Clear Principles For Raises & Promotions
posted by MVI | Aug 25 2015 - 9:06am

This is a small excerpt from the Compensation & the Model Workbook. It may help Hospices that continually face pressures for pay increases.

This is another “expectation management” practice that will help an organization greatly. Why should someone get a raise or promotion? This is a teaching concept, and all compensation systems teach (even bad ones teach). Here are  principles that you can adopt:

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Do Compensation Systems Work in Hospice?
posted by MVI | Aug 11 2015 - 1:25pm

An organization’s compensation systems are the most POWEFUL tools to shape behavior and create healthy and happy Hospice cultures. However, most leaders can’t get past the “fear barrier.” Therefore, only the elite of our movement use them insightfully to create fair and rewarding systems…systems that make management vastly easier because they are STRUCTURAL and do not rely on the personal inspection of work that can ebb with energy levels and the constraints of time. Accountability can be “fine-tuned” with a great compensation system.

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TESTIMONIAL

Program: The MVI CFO Program
“To understand and FULLY execute the Model, I would recommend that all modules are taught/trained by Andrew to appropriate Hospice personnel to have 100% participation and everyone in 100% agreement and on board with the Model and Standards…”
Deena Nelson, The Elisabeth Hospice