High-Quality Healthcare Executive Search Solutions
Recruit and Retain Accomplished Leaders
In the ever-evolving healthcare landscape, attracting and retaining exceptional leadership is crucial to sustainable success. For more than 20 years, Hire Health has partnered with healthcare and life science organizations to help fill their executive and C-suite roles and accelerate growth.
What Is Executive Search?
Executive search is a highly specialized recruitment process to help healthcare organizations identify, recruit, and secure qualified candidates for senior-level and executive positions.
This process differs from traditional recruitment methods because executive search focuses exclusively on organization leaders and C-level executives. Standard staffing solutions typically prioritize entry-level and mid-level candidates. Executive search also emphasizes alignment and results, seeking out candidates with the right skill sets and who best reflect an organization’s company culture.
Additionally, executive search focuses on identifying and recruiting passive candidates—leaders who may not be actively seeking new employment opportunities or career changes. Executive search specialists proactively approach and engage with these potential candidates, making the process more personal and thorough.
Executive Search Process Overview
At Hire Health, we take a personalized approach to our executive search processes, which include five core phases:
Goal Setting
Stretegy Design
Candidate Outreach
Shortlist Development
Support Services
Hire Health by the Numbers
years of healthcare recruiting experience
new employees placed at healthcare organizations in 2023
days time-to-fill for RPO engagements
%
satisfied clients
Two Models, One Path to Success
Hire Health provides two types of executive search models: retained and contingent. While both processes promise optimal outcomes, organizations should decide which model is right for them.
Contingent Search
A contingent search model is best for healthcare organizations prioritizing speed and volume. Recruitment firms will generate numerous candidates that meet your minimum requirements for each role. As the name suggests, you won’t pay until a candidate has been hired in this pay-per-hire model.
The top benefits of contingency search include:
No Prepayment
Zero up-front costs, since you won’t pay until the right candidate has been hired
Non-Exclusive
It doesn’t require exclusive contracts, allowing healthcare organizations to partner with multiple recruitment agencies simultaneously
HR Support
Alleviates HR from the time and effort of finding the right individual for any given role
Candidate Volume
Larger volume of candidates
Retained Search
Unlike the contingent search model, which focuses on quantity, retained search prioritizes candidate quality and fit. This model is best for healthcare organizations that must fill Director to C-level roles, often requiring critical leadership talent.
During a retained search, a life science or healthcare organization will partner with one recruitment agency exclusively. This partnership typically lasts for a mutually agreed-upon “exclusivity” period or for the duration of the search.
Retained search models have longer timelines than contingent search processes, often lasting more than 90 days until completion. This is because the search firm will target passive prospects who are not actively seeking new employment opportunities.
Some of the top benefits of retained search include:
Industry Expertise
Talent Analytics
Passive Candidates
Dedicated Team
Skill Evaluation
Comprehensive vetting of a prospect’s skills and qualifications
Candidate Showcase
Rather than paying upon hire, you will pay a retainer to kick off the search, and then additional fees per hired candidate. While the retained search process is longer than a contingent search, it’s much more thorough and better supports your organization’s culture, strategy, and long-term growth goals.
Benefits of Executive Search with Hire Health
When you choose Hire Health as your executive search partner, you tap into over two decades of deep, healthcare-focused knowledge. We understand the pivotal roles C-level executives play in helping organizations reach their goals and enrich patient care. That’s why we take a thoughtful, tailored, strategic approach, ensuring we will find professionals whose values and chemistry align with your corporate culture, ensuring you both succeed and they stay.
Hire Health is committed to forging strong, long-lasting relationships between healthcare organizations and knowledgeable executives. We can help your organization find the best candidates for numerous C-suite roles, including:
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Executive Search FAQs
What’s the difference between contingency and retained search?
On the other hand, retained search engagements involve a client partnering with a recruiting firm exclusively to pinpoint top talent for open positions. The client initiates the search with a retainer and pays a fee upon hiring. While this payment structure may seem less favorable, it allows the recruitment firm to focus on quality rather than speed. The retained partnership is exclusive, enabling the recruiter to deeply understand the client’s ideal candidate profile, encompassing credentials, skills, and cultural fit. Subsequently, the recruiting firm delves into passive candidate pools to identify and attract the most suitable talent for the client’s organization.
When should I use retained search services?
Engaging a retained recruiter proves advantageous for organizations aiming to recruit senior management or directors. Retained recruiters possess the motivation, resources, and time to identify elusive candidates who may not be easily accessible.
When time is a critical factor in your recruitment process, a retained recruiter becomes a lifesaver. They efficiently utilize their comprehensive resources and advanced search techniques to swiftly locate the talent your company requires, relieving you of the recruitment pressures.
What is executive search?
Furthermore, an executive search firm serves as an extension of your company’s HR department. In addition to filling immediate vacancies, they can establish a candidate pipeline for future executive roles within your organization.
Why should I use executive search solutions?
Moreover, they conduct thorough research and talent mapping, streamlining the hiring process while also managing salary negotiations and facilitating seamless onboarding.
Collaborating with an executive recruiting firm also provides access to a global network of talent, invaluable external guidance, and a shield against poor hiring decisions.
What is Hire Health’s executive search process?
The typical steps involved in our process include:
- Defining objectives and specifications
- Sourcing and screening candidates
- Conducting interviews
- Selecting top candidates
- Final candidate selection and hiring
Awards & Recognition
We take pride in being recognized for our dedication to excellence in healthcare recruitment. Our awards demonstrate a proven track record of success in connecting top talent with leading healthcare organizations, including:
Reach out to Hire Health today!