Healthcare

We are your trusted advisor for your most critical issues.

Our panel of executives is dedicated to one thing:  ensuring that you and your team thrive amid the continuing shifts in today’s healthcare environment. This process begins with a bond and a commitment to your organization like none other.  

You’ll be amazed at how quickly we evaluate complex business situations, and drive timely solutions, all at an incredible value for your investment.

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Recruitment, rewards, and retention of quality talent is a top priority for a CEO.  To get Executive Compensation right, every angle must be thoughtfully considered.  As a member of the management team, you want the most competitive compensation package available.  You also want your Board to be properly educated on all the facets of proper compensation, so that pay scales match comparable data, and also meet regulatory requirements.  We give you the most up-to-date data, while helping you manage the relationship with your Board.

What We Can Do
  • Executive Compensation and Benefits
  • Regulatory Compliance
  • Goal Setting and Execution
  • Performance Evaluation
  • Contracts
  • 360° Performance Reviews
  • Supplemental Executive Retirement Plan Design
  • Retention Strategy
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As a leader on the management team, you recognize that the best leaders are always prepared, and the best organizations prepare their leaders.  We bring you relevant tools that will maintain a healthy pipeline of motivated people.  Our tools are also an incredible value for your investment, because our team has deep experience as leaders themselves.   They can quickly assess your needs, and ensure that you hire and retain the best talent.

What We Can Do
  • Succession Planning
  • Gap Assessments
  • Professional Development Planning
  • Executive Coaching
  • Transition Management
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As a member of the executive team, you realize the importance of fostering healthy relationships between you and your Board, even as you balance regulatory compliance and navigate market dynamics.  With decades of experience as health system CEOs, we can help align goals and perspectives, especially in today’s turbulent climate.  Trust our team to help you strike the right balance, and make the best decisions.

What We Can Do
  • Board Dynamics and Decision Making Program
  • Goal Alignment/Performance Incentives Plan
  • Strategic Horizon Workshop
  • Blind Spot Challenge
  • Strategic Interviews
  • Board Succession Planning
  • Board Self-Assessment & Leadership Development
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As a member of the management team, you realize that where the physician enterprise and the health system intersect, complexities begin to stack up.  With our expertise, you can be sure the goals of the enterprise and the health system are fully aligned.  You’ll know that your physician enterprise is delivering true team-based care.  And you will have confidence that you are properly evaluating and compensating all of your leaders.  Ensuring compliance with governance structure and compensation models is critical, especially during this time of higher scrutiny.

What We Can Do
  • Navigate Health Reform and the Uncertain Landscape
  • Align the Physician Enterprise and Health System
  • Value-Based Payment
  • Compliance and Security
  • Compensation, Benefits, Security
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You know what it means to live in a small town with big spirit.  As a member of the executive team, how can you stay ahead of the challenges in today’s changing healthcare environment?  We recognize the urgent concerns inside your community, because we have been in your seat, serving in areas like yours.  This is why we have created a practice area that is dedicated to your needs.  Sometimes, you need a trusted advisor to help define the mission and vision, educate the board, or solve a complex problem.  We can drive timely solutions that will help your organization thrive.

What We Can Do
  • Clearly Define Mission and Vision
  • Help Board Members Understand Their Complex Responsibilities
  • Attract and Retain the Best Executive Team
  • Ensure that Hospital and Physician Group Goals Are Aligned
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The heightened scrutiny, complex regulatory framework, and increased disclosure certainly make the job of governing boards more challenging. By being proactive, governing boards and executive committee members have an opportunity to strengthen the governance oversight of their processes, thereby ensuring compliance and supporting the tax-exempt mission of their organizations.

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One of the most important roles of the Board is the recruitment, rewards, and retention of a high quality CEO, who can lead the organization in these turbulent times.

As a Board member, how do you know what factors to consider, in order to be certain you are properly compensating members of your executive team?  A competitive compensation package must ensure your selection hits the ground without reservation.  IT also must be commensurate with comparable data, and meet regulatory requirements.  We eliminate questions and worry about maintaining the right level of compensation and benefits for your leaders.

What We Can Do
  • Executive Compensation and Benefits
  • Regulatory Compliance
  • Goal Setting and Execution
  • Performance Evaluation
  • Contracts
  • 360° Performance Reviews
  • Supplemental Executive Retirement Plan Design
  • Retention Strategy
Find Out More

As a Board member and leader in your organization, you need to be prepared for any occasion that could cause a serious gap in your management team.  Don’t leave succession planning to chance. Allow our team to bring you the plan, process, and discipline needed to maintain a healthy pipeline of motivated people.  

What We Can Do
  • Succession Planning
  • Gap Assessments
  • Professional Development Planning
  • Executive Coaching
  • Transition Management
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As a healthcare Board member, you carry enormous responsibility.  You must be current on healthcare trends, understand regulatory compliance, and navigate market dynamics.  In today’s turbulent climate, you must assemble new agendas.  Explore new partnerships.  Evaluate new models of care.  Understand new ways to meet the value equation.  

Consequences for Board members, the executive team, and the organization can be heavy in today’s complex regulatory environment.  Allow us to be your trusted advisor.  We clear away the blind spots, and ensure that nothing important slips by you.

What We Can Do
  • Board Dynamics and Decision Making Program
  • Goal Alignment/Performance Incentives Plan
  • Strategic Horizon Workshop
  • Blind Spot Challenge
  • Strategic Interviews
  • Board Succession Planning
  • Board Self-Assessment & Leadership Development
Find Out More

Whether you sit on the health system board, or on that of a physician group, you understand the complexities that stack up where these two entities meet. With our expertise, you can be sure the goals of the enterprise and the health system are fully aligned.  You’ll know that your physician enterprise is delivering true team-based care.  And you will have confidence that you are properly evaluating and compensating all of your leaders.  

What We Can Do
  • Navigate Health Reform and the Uncertain Landscape
  • Align the Physician Enterprise and Health System
  • Value-Based Payment
  • Compliance and Security
  • Compensation, Benefits, Security
Find Out More

You know what it means to live in a small town with big spirit.  As a member of the board, how can you stay ahead of the challenges in today’s changing healthcare environment?  We recognize the urgent concerns inside your community, because we have sat in your seat, serving in areas like yours.  This is why we have created a practice area that is dedicated to your needs.  Sometimes, you need a trusted advisor to help define the mission and vision, educate you on the latest trends, or solve a complex problem.  We can drive timely solutions that will help your organization thrive.

What We Can Do
  • Clearly Define Mission and Vision
  • Help Board Members Understand Their Complex Responsibilities
  • Attract and Retain the Best Executive Team
  • Ensure that Hospital and Physician Group Goals Are Aligned
Find Out More

Our Surveys

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Upstate New York Healthcare Executive Compensation Survey

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Company News
Yaffe & Company Announces The Addition of Dr. Peggy Naleppa To Its Team of Senior Consultants

July 25, 2018

Dr. Naleppa Press Release Dr. Naleppa is the Former President/CEO of Peninsula Regional Medical Center (PRMC) And Peninsula Regional Health System (PRHS) in Salisbury, Maryla... Read More

Webinar
Webinar: Are CEO Turnover Rates Impairing Our Nation’s Health System? Examining Causes, Solutions, and the Impact On Our Communities

June 22, 2018

Across the United States, and especially in rural communities today, hospital CEO turnover rates are hovering around 18 – 19 percent.  The exact cause for such a high rate is u... Read More

Webinar
Webinar: Rural Health Executive Compensation Trends for 2018

June 22, 2018

If you are an executive in a rural/critical access hospital, you will want to learn how executive compensation compares across hospitals in rural areas.  Watch our webinar to hear... Read More

Our Consultants

  • Bob Colvin

    Bob Colvin

    Governance Advisement Practice Lead
    Healthcare
    Higher Education
    Nonprofits

    About Bob:

    Bob Colvin has more than 25 years of experience leading hospitals and health systems. These include a 500+ bed academic medical center, for-profit facilities, suburban facilities, and small rural hospitals. He has operated a large multi-specialty physician group, regional ambulance services, home health agencies, and community primary care clinics. He has also served as a Group Vice President for Quorum Health Resources (QHC). Bob has served on the American Hospital Association’s Metropolitan Governing Council, and has also chaired both the Georgia and the Idaho Hospital Associations. He is a Fellow in the American College of Health Executives, and he has received the prestigious NOVA award from the AHA for his work in healthcare for the homeless. Organizations under Bob’s leadership have been recognized by Fortune Magazine as among the 100 Best Companies to work for in America, and by Consumer’s Digest as among the 50 safest hospitals in America.

  • Warren A. Green

    Warren A. Green

    Senior Consultant
    Healthcare

    About Warren:

    Warren A. Green joined Yaffe & Company in 2013. Prior to his consulting role, Warren served as President and Chief Executive Officer of LifeBridge Health from 1998 to 2013. LifeBridge Health is a three hospital regional health care system in Baltimore, Maryland. In 2010, LifeBridge was named as one of the Top 100 Employers in America by Fortune Magazine, sharing this honor with companies such as Google, Four Seasons Hotels and Apple. Prior to his role at LifeBridge, Warren was the President and CEO of Sinai Hospital of Baltimore. He also served as the CEO of hospitals in Minneapolis, St. Paul, and Philadelphia. In the course of nearly 45 years of executive management in health care administration, Warren has developed a deep expertise in strategic planning, marketing, financial management and human resources. In addition to his role at LifeBridge Health, Warren also served on a number of non-profit boards, including: the Chesapeake Region of the American Red Cross, United Way of Central Maryland, the Economic Alliance of Greater Baltimore, the Maryland Patient Safety Center, and The Center Club. He also chaired the Compensation Committee of the Maryland Hospital Association. In addition, he serves as a Commissioner of Maryland Public Broadcasting and as a member of the Maryland Public Broadcasting Foundation. Warren possesses a master’s degree in health care administration from the University of Pittsburgh. Warren and his wife live in Owings Mills, Maryland.

  • Rick Lopes, M.D.

    Rick Lopes, M.D.

    Physician Enterprise Solutions Practice Lead
    Healthcare

    About Rick:

    Richard T. Lopes, MD, MBA joins Yaffe & Company as a Senior Consultant focusing on provider services. Dr. Lopes brings more than thirty years of experience in medical group, hospital and health system administration. He recently retired from SCL Health where he served as Executive Vice-President and Chief Population Health Officer. He is board certified in Internal Medicine and his career has included leadership roles in large multispecialty group practice, clinical effectiveness program development, health plan management, hospital and health system governance and leadership development, clinical quality and safety, and clinical information systems. He will be focused on helping client organizations develop, grow and refine their provider strategies and infrastructure.

  • Michael Merson

    Michael Merson

    Senior Consultant
    Healthcare

    About Mike:

    Mike Merson joined Yaffe & Company, Inc. in 2001 as a Senior Consultant. He is a retired President of MedStar Health, the largest integrated health care delivery system in the Baltimore/Washington corridor. He held leadership positions in the Maryland Hospital Association, along with several other professional and community associations. He recently completed his term as Chairman of the Board of CareFirst – BlueCross/Blue Shield and currently serves on the Executive Committee of the Baltimore Museum of Art. Mike has extensive experience consulting with a variety of healthcare institutions. His areas of expertise include executive compensation, succession planning, CEO transition planning, health system strategic planning, primary care medical home strategy and transition to improving the value equation for health systems, and merger and affiliation strategy. Mike received a bachelor’s degree from the University of Denver and a MBA from George Washington University. He and his family reside in Baltimore, Maryland.

  • Peggy Naleppa

    Peggy Naleppa

    Senior Consultant
    Healthcare
    Higher Education

    About Peggy:

    Dr. Peggy Naleppa has a 40-plus year history as a healthcare executive, and is the retired President/CEO of Peninsula Regional Medical Center (PRMC) and Peninsula Regional Health System (PRHS) in Salisbury, Maryland. She is a registered nurse, and holds a Bachelor of Science in Healthcare Administration from St. Josep's College; a Master of Administration degree with a concentration in Finance from the University of Maryland, U.C.; an MBA with a concentration in medical services from Johns Hopkins University; and a Doctorate in Management with a concentration in organizational process management from the University of Maryland, U.C. She has also received an honorary doctorate from the University of Maryland, Eastern Shore for Public Service. Dr. Naleppa is a graduate of the Rutgers University Executive and Leadership coaching for Organizational Performance program, an ICF ( International Coach Federation) considered a "gold standard" in the industry.

  • Mark T. O’Neil, Jr., FACHE

    Mark T. O’Neil, Jr., FACHE

    Leadership Development Practice Lead
    Healthcare
    Higher Education
    Nonprofits

    About Mark:

    Mark O’Neil joined Yaffe & Company in 2014 as a Senior Consultant. With thirty years of Healthcare leadership experience, Mark O’Neil provides consulting services in the areas of Leadership Development, Governance, Strategic Planning and Operations improvement. Mark most recently served as the Chief Executive Officer of Hilton Head Regional Healthcare, a Tenet owned facility in South Carolina. Previously, he served in several leadership positions at Catholic Health East, including President and Chief Executive Officer of Mercy Health System of Southeast Pennsylvania, Executive Vice President of the Mid-Atlantic Division and Corporate Chief Operating Officer. As Chief Operating Officer, he was responsible for coordinating operations of over 100 Health Care facilities in 11 states, with over 46,000 employees and a 4.6 billion dollar operating budget. Earlier in his career, Mark served as a member of the Senior Management Team at the University of Rochester’s Strong Memorial Hospital where he gained valuable experience in academic medicine and provided leadership for several administrative and support functions. He served as President and Chief Executive Officer of United Health Services in Binghamton, N.Y., where he facilitated the development of an 85 member multispecialty physician group, home care companies, rural hospitals and a long term care facility into the Integrated Health Care System. Mark’s uncompromising integrity and commitment to excellence have led to board positions with several professional organizations including the Central New York Hospital Association, the Iroquois Healthcare Alliance, VHA of Upstate NY, the Hospital Association of New York, the Catholic Hospital Association of Pennsylvania and the South Carolina Hospital Association. Mark also served on Governor Mario Cuomo’s Health Care Advisory task force and as Chairman of the Board of the Keystone Mercy Health Plan, a Medicaid Managed Care plan serving several states, with over 850,000 members. An advocate for community service, Mark has served as the Chairman of the Board of United Way and the Chamber of Commerce and volunteered his time as a member of many not for profit and educational organizations throughout his career. Mark’s high-level of community involvement and extensive knowledge of the Health Care environment have made him a frequent guest speaker at community group meetings and events. Mark received his Bachelors and Masters degree in Business Administration from the Rochester Institute of Technology in Rochester, NY. He is a fellow in the American College of Health Care Executives. Mark and his wife Ann reside in Hilton Head, South Carolina. They have four daughters and are active members of their community.

  • Bonnie Phipps

    Bonnie Phipps

    Executive Compensation & Performance Practice Lead
    Healthcare
    Higher Education

    About Bonnie:

    Bonnie Phipps has more than 35 years of healthcare experience, ranging from CFO to CEO in non-profit hospitals, and in several large system executive roles. She has focused on physician relationships, strategic planning, operational performance, and affiliations and mergers. Bonnie has held board positions in many non-profits and several governmental agencies. A CPA, FHFMA and CMCP, she has served as national Chair of the Healthcare Financial Management Association (HFMA), has been named multiple times as a Top 100 Healthcare Executive, and has been inducted into the Georgia State Business Hall of Fame. Bonnie has a Bachelors in Business Administration, summa cum laude from Georgia State University and a Masters in Professional Accountancy. She lives with her husband in Baltimore, Maryland.

  • John Tolmie

    John Tolmie

    Senior Vice President
    Healthcare
    Higher Education
    Nonprofits

    About John:

    John K. Tolmie joined Yaffe & Company in 2016 as Senior Vice President and as a Senior Consultant. John is also CEO of TTG Healthcare. John has served in executive positions in healthcare, including 15 years as CEO of not for profit hospitals and health systems. In his role John has established the vision, strategic direction, operational oversight, leadership development, quality services, strategic partnerships, and fulfilling the mission of the communities served. John has extensive board experience, as both CEO and board member or many organizations. This includes serving seven years on the board of Notre Dame of Maryland University, serving on the Executive Committee, Chair of Enrollment Management Committee, Compensation Committee, and Strategic Planning Committee. In addition, John has served on the board of numerous hospital and community boards, focused and strategic planning, leadership development, and fulfilling the organization’s mission. John is also Vice President of the Faraja Fund Foundation, which supports a primary school in Tanzania, Africa, which brings hope to disabled children through physical therapy and education. John has assisted Tanzanian organizations with animal projects, water projects, capacity building, HIV/AIDS treatment, healthcare dispensary support, famine relief, hospital support, scholarships, and the distribution of 65,000 free mosquito nets to 19 villages. John holds an MBA and MHA from Georgia State University. He and his wife chaired the Parents Council at his alma mater, Virginia Tech, and they live in Baltimore, Maryland.

  • Larry Unroe

    Larry Unroe

    Rural/Critical Access Practice Lead
    Healthcare

    About Larry:

    Larry joined Yaffe & Company in 2011 as a Senior Consultant. He is the retired CEO of Memorial Health System in Marietta, Ohio. He was named president and CEO of Marietta Memorial Hospital in 1984, and during his tenure he grew the stand-alone community hospital into a regional health care provider and comprehensive health system. He also oversaw five major expansion projects, significantly increased the breadth of services offered, and developed a physician employment model. Under his leadership, Memorial Health System grew significantly in the number of employees and was selected as a top ten employer in Ohio in 2008. Larry was awarded the Marietta Business Leader of the Year In 2004 and was the recipient of the Ohio Hospital Association’s Distinguished Service Award in 2009. Larry currently serves on the Boards of Washington State Community College, Marietta Family YMCA, Marietta Memorial Hospital Health Foundation, and a number of other boards in the Marietta area. He previously held board and leadership positions with the Ohio Hospital Association, Ohio Valley Hospital Consortium, Southeast Ohio Port Authority, and Friends of Ohio Hospitals. Larry received a Masters of Health Administration from Virginia Commonwealth University and a bachelor’s degree in accounting from Marshall University. He and his wife reside in Marietta, Ohio.

  • Alexander Yaffe

    Alexander Yaffe

    President & CEO
    Healthcare
    Higher Education
    Nonprofits

    About Alexander:

    Alexander began working at Yaffe & Company, Inc. in 2001. Alexander has held a number of roles during his career at Yaffe & Company, Inc. and in 2013 was promoted to President & Chief Executive Officer. As the second generation leader of Yaffe, he continues to advance the firm particularly through improved use of information technology and complimentary service lines. Alexander has developed expertise in the technical, operational, and governance aspects of executive compensation and deferred compensation plan design and implementation, as well as the regulatory requirements of compliance with numerous Internal Revenue Code Sections. His expertise extends to physician compensation governance and administration, Fair Market Value Assessment, and physician compensation plan design. He has assisted numerous not-for-profit Boards with assessing executive compensation programs, executive performance evaluation methods, retirement plan designs, leadership transition, and succession planning. In addition, he works with hospitals and integrated systems to develop comprehensive physician compensation governance practices, assess current-state compensation and productivity relative to market, and the development of next-generation plan designs. In his work, Alexander aims to achieve optimal alignment of expectations, understanding, and performance in an evolving healthcare landscape that impacts both organizations and individuals. In addition to consulting with clients, Alexander has been part of expert panels on these topics, given presentations, and has led Board education programs nationally. In 2012, he co-authored a monograph for the Center for Healthcare Governance titled The Expanding Role of the Compensation Committee. In 2013, Alexander co-authored an article for Trustee Magazine titled Ready for the Unthinkable, focused on implementing an emergency succession plan for key leaders. Most recently, Alexander published his second Monograph with the Center for Healthcare Governance titled The Health System-Physician Relationship Continuum: What Boards Need to Know (Oct 2015).