How healthcare workers will be affected by new overtime pay rules

The Department of Labor last week updated the federal overtime pay rule, impacting millions of workers, including healthcare workers and medical researchers.  By Emily Rappleye -

UPMC CEO's compensation dips slightly, still tops $6.4M

Pittsburgh-based UPMC President and CEO Jeffrey Romoff received total compensation of $6.43 million in fiscal year 2015, down slightly from $6.45 million the year prior, according to the Pittsburgh Post-Gazette.  By Ayla Ellison -

Female CEOs in the 100 largest companies out-earned their peers in 2015

Despite accounting for a disproportionately low number of positions, female CEOs at the 100 largest companies are out-earning their male counterparts significantly. In 2015, the eight female CEOs of the 100 largest companies by revenue earned an average of $22.7 million, compared to $14.9 million for the male CEOs on the list, according to analysis by Equilar. By Tamara Rosin -

Surgeons in Ozarks have best-paid position in US

Mean compensation data doesn't tell the whole story about which jobs are best-paid —it may not even come close.  By Emily Rappleye -

7 physician compensation trends to consider when establishing FMV

Nearly 70 percent of physicians now work in hospital-based settings, according to Jim Carr, a partner at HealthCare Appraisers. Reimbursement cuts, lifestyle changes, alignment initiatives and fear were all principal factors that drove the hospital-based employment trend over the last seven or eight years, he said at the Becker's Hospital Review 7th Annual Meeting in Chicago.  By Emily Rappleye -

This MD was the highest-earning CEO in 2015

The highest paid CEO in the U.S. leads a relatively unknown cancer research firm in Los Angeles called NantKwest. Patrick Soon-Shiong, MD, earned $147.6 million in 2015, according to Fortune. By Tamara Rosin -

The lowest paid CEOs in the S&P 1500

Although the median pay of CEOs at companies in the Standard & Poor's 1500 index was $5.4 million in fiscal 2015, nine CEOs seem determined to show stakeholders they are in it for more than the paycheck.  By Emily Rappleye -

Physician payments up due to increase in quality incentives

An annual national survey of physicians found per diem payments and total hospital payments rose from 2014-15 to 2015-16, according to MD Ranger, a physician contract payment solutions company.  By Emily Rappleye -

How much could the next Broward Health CEO make?

The new CEO of Fort Lauderdale, Fla.-based Broward Health could make up to $950,000 in his or her first year.  By Kelly Gooch -

HCA Holdings CEO and CFO see big pay raises in 2015

Nashville, Tenn.-based HCA Holdings CEO and CFO saw their base salaries and total compensation increase in 2015.  By Ayla Ellison -

UnitedHealth CEO and CFO see drop in total compensation

UnitedHealth Group CEO Stephen Hemsley and the ‎Minnetonka, Minn.-based company's President and CFO David Wichmann saw their base salaries rise and total compensation fall in 2015.  By Ayla Ellison -

Do bigger executive paychecks help hospitals stay competitive?

Amid falling profits, Massachusetts hospitals are investing in executives to withstand the the changing healthcare landscape, according to an in-depth report on nonprofit compensation by the Lowell Sun.  By Emily Rappleye -

Calif. legislation would increase hospital reporting on executive compensation

The California State Assembly Committee on Health on Tuesday passed a union-sponsored bill that would require hospitals and affiliated medical groups to file yearly reports on the compensation of their top paid executives, according to California Healthline. By Tamara Rosin -

8 lowest-paying medical specialties

Here are the eight specialties in which physicians earn the least, according to the Medscape Physician Compensation Report 2016.  By Anuja Vaidya -

Northwell Health CEO's compensation climbed to $9.6M in 2015

Great Neck, N.Y.-based Northwell Health President and CEO Michael Dowling's total compensation hit $9.6 million in 2015, according to Crain's New York Business.  By Ayla Ellison -

Where do primary care physicians earn most — urban, rural or mid-sized communities?

Primary care physicians looking for a new gig might want to consider looking in a rural area. Not only do many rural areas have significant need for PCPs, but they may also offer the biggest compensation packages, according to data from The Medicus Firm, a national healthcare staffing company.  By Emily Rappleye -

No pay raises for Community Health Systems CEO and CFO in 2016

Community Health Systems Chairman and CEO Wayne T. Smith and the Franklin, Tenn.-based system's CFO W. Larry Cash will see no change in their base salary in 2016.  By Ayla Ellison -

Tenet CEO and CFO compensation slashed in 2015

Tenet Healthcare President and CEO Trevor Fetter and the Dallas-based system's CFO Daniel Cancelmi experienced compensation cuts of 14.5 percent and 47.2 percent, respectively, in 2015.  By Ayla Ellison -

What physicians think they should be earning

Physicians bring home considerable paychecks — in fact it is the highest paying profession in the U.S. in 2016, according to Glassdoor. Data from Medscape's latest Physician Compensation Report shows average annual physician compensation ranges from $204,000 for pediatricians to $443,000 for orthopedists.  By Emily Rappleye -

Illinois' budget impasse leads to 5% pay cut for SIU physicians

Physicians are taking a 5 percent pay cut to keep the lights on at Springfield-based Southern Illinois University School of Medicine. The cuts are due to a lack of state funding since July 1, in addition to the lack of reimbursements for healthcare services provided under the state's group health insurance plan, according to The State Journal-Register.  By Emily Rappleye -

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