How CourseMark Can Help Your Hospital

How CourseMark Helps Hospitals with Executive Retention Programs

CourseMark assists hospitals in implementing executive retention programs that are both financially strategic and appealing to top leadership. These programs, often structured as split-dollar life insurance arrangements, provide long-term, tax-efficient benefits to key executives while supporting the hospital’s financial goals.

Benefit to the Hospital
Executive turnover in healthcare can disrupt operations and strategic momentum. By offering nonqualified benefit plans, hospitals can retain key leaders with compensation that grows in value over time—without affecting their annual budget. These plans help ensure continuity in leadership, which is critical to long-term success.

Interest Booked
Split-dollar arrangements allow the hospital to book interest income on the funds loaned to the executive for the life insurance policy. This interest is treated as a performing asset, enhancing the hospital’s financial profile while the plan is active.

Return of Initial Investment plus Interest to the Hospital
These plans are typically structured with complete recourse (all investment and interest returned) to the hospital. If the executive leaves or the policy is terminated, the hospital retains the right to recover its loaned funds through the policy’s cash value or other contractual protections—minimizing financial risk. The Hospital is protected at all times through what is defined as the plan document vesting schedule, allowing the Hospital to determine when the ownership of the program will be turned over to the executive as a reward for their years of service.

CourseMark provides a streamlined, compliant way for hospitals to strengthen executive loyalty while improving long-term financial positioning.