• Erlanger to restore CEO, other leaders' salaries in August

    Chattanooga, Tenn.-based Erlanger Health System in August will restore the salaries of its CEO and other leaders that were reduced to offset losses prompted by the COVID-19 pandemic, according to the Chattanooga Times Free Press.
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  • 5 health systems cutting physician salaries

    To help offset revenue losses attributed to the COVID-19 pandemic, many hospitals have implemented pay cuts for staff, including physicians.
  • Massachusetts hospital cuts CEO pay, freezes wages

    Martha's Vineyard Hospital in Oak Bluffs, Mass., will cut CEO pay and freeze wages of nearly all employees to address financial damage from the COVID-19 pandemic, according to the Vineyard Gazette.
  • Banning salary history questions for job applicants benefits African Americans, women

    Salary history bans limit employers' ability to ask applicants about past earnings, and effectively halt residual pay gaps from persisting, which is shown to benefit all applicants — but women and African Americans, especially. 
  • No pay raises for UCHealth employees amid COVID-19 losses

    Aurora, Colo.-based UCHealth will not give raises to employees this year amid financial losses due to the COVID-19 pandemic, according to The Denver Post.
  • New IRS rules target nonprofit hospital exec pay

    The Internal Revenue Service has issued guidance that implements a change in the 2017 tax overhaul that imposed a 21 percent excise tax on compensation paid to executives at some nonprofit organizations, according to Bloomberg Tax.
  • ThedaCare physicians, advanced practice clinicians take pay cuts

    ThedaCare physicians and advanced practice clinicians will take a 10 percent pay cut to help reduce the Appleton, Wis.-based health system's financial hit due to the COVID-19 pandemic, the organization confirmed to The Post-Crescent.
  • Providence to cut salaries of 1,200 providers

    In a second round of cuts, Renton, Wash.-based Providence plans to reduce the salaries of 1,200 high-paid medical providers to help offset losses from the COVID-19 pandemic, according to OregonLive.
  • ThedaCare execs take pay cuts to offset COVID-19 losses

    ThedaCare President and CEO Imran Andrabi, MD, will take a 50 percent pay reduction, and other members of the executive team will take a 40 percent cut to help stabilize the Appleton, Wis.-based health system's finances, according to the Appleton Post-Crescent. 
  • UHS execs take pay cuts to support employee assistance fund

    King of Prussia, Pa.-based Universal Health Services' executives and other members of its senior management team are taking salary reductions and donating their pay to a fund that provides financial support to the company's employees. 
  • What 20 healthcare CEOs earned in 2019

    Median pay for CEOs of the biggest U.S. companies hit a new record of $13.1 million in 2019, and the leaders of 11 healthcare companies earned $21 million or more last year, according to an analysis by The Wall Street Journal. 
  • Cleveland's University Hospitals to cut all physician, clinical leader pay

    University Hospitals, based in Cleveland, said it will temporarily cut pay for all physicians and clinical leaders in the organization to help offset losses driven by the pandemic.
  • Physician compensation grew most for these 5 specialties

    Primary care physician compensation climbed an average of 2.6 percent from 2018 to 2019, and compensation for most physician specialties also increased, according to data from the Medical Group Management Association. 
  • St. Charles Health System executives take pay cut, offer employees time off

    Bend, Ore.-based St. Charles Health System said executives are taking pay cuts to help address financial challenges due to the COVID-19 pandemic.
  • 10 lowest-paying states for nurse practitioners

    Nurse practitioners have the lowest average annual salary in Tennessee, according to the most recent U.S. Bureau of Labor Statistics data.
  • Allegheny Health Network employees to receive COVID-19 bonus payments

    About 12,000 employees at Pittsburgh-based Allegheny Health Network will receive bonus payments as part of a new program in recognition of their work during the COVID-19 pandemic.
  • COVID-19 hazard pay common for health workers outside US

    Some countries are rolling out national hazard pay policies for nurses and other front-line health workers putting their lives at risk amid the COVID-19 pandemic — but not the U.S., according to The Washington Post. 
  • More companies center cost-cutting strategies on 'shared pain' than in past downturns

    The corporate impulse to reduce salaries, especially at senior levels, to avoid layoffs is more widespread compared to the last recession, according to The New York Times.
  • Sentara executives, physicians take pay cuts

    Senior leaders, executives and physicians at Norfolk, Va.-based Sentara Healthcare are taking pay cuts to help address an anticipated $778 million shortfall against projected revenue due to COVID-19, the organization confirmed to Becker's Hospital Review.
  • Physician compensation increased in 2019: 5 things to know

    Compensation for most physician specialties continued to increase in 2019, according to the Medical Group Management Associations' annual Provider Compensation and Production Report. 

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