Who is LifeSolutionz?
LifeSolutionz specializes in the design, implementation and service of alternative compensation arrangements. Our plan designs deliver tangible benefits to the hospitals and health care organizations and the providers and executives they employ. Understanding that “cost” matters, our charge is to structure arrangements that are cash flow neutral, while delivering significant tax and financial benefits for valued employees.
LifeSolutionz works exclusively in the not-for-profit health care sector. Our clients range from hospitals and health systems to critical access hospitals to community based health care centers. With a keen understanding of the needs and challenges facing health care organizations, our plan designs are thoughtfully created to make a difference for our clients and the employees and communities they serve.
Challenges Facing Health Care Organizations Today
Working with organizations across the country, we see recurring “pain points” affecting health care institutions. These include:
- Challenges recruiting, retaining, and engaging providers
- Increasing costs to recruit and retain key providers
- Limited financial resources to deploy
- Shrinking reimbursements and constant margin pressure
- Deferred gifts to support the organization are generally an afterthought
The challenges health care organizations face are real, evolving, and require innovative solutions.
Challenges Require Solutions
With our knowledge of the health care sector and the challenges gripping health care organizations today, LifeSolutionz alternative compensation arrangement provides a meaningful solution. Structured to be cost neutral, our plan design delivers compensatory funds to providers in a tax-efficient and financially rewarding manner, allowing them the opportunity to keep more of what they earn and to utilize those funds in a manner that is meaningful to them.
Our alternative compensation arrangement changes the paradigm by enhancing the overall value of the compensation delivered by the organization to their providers and executives. In turn, this cost neutral opportunity will enhance recruiting, retention and engagement efforts, making that process more efficient and cost effective.