Arizona Rural Hospital CEO Pays Physicians Urban-Level Salaries

Bisbee, Ariz.-based Copper Queen Community Hospital CEO Jim Dickson pays his 12 physicians similar to what they would earn at an urban hospital in order to attract top physicians, according to a National Public Radio report.

Physicians may be hesitant to work at rural hospitals due to differences in lifestyles and providers shortages, but the report said paying rural physicians at urban-level compensation has helped Mr. Dickson to maintain physician retention at Copper Queen, the report said.

However, the report said the hospital has earned surplus revenues of five to 10 percent over the past four years, a margin higher than normal averages for rural hospitals.

Read the NPR report on Copper Queen Community Hospital.

Related Articles on Compensation:

Study: Physicians in Capitated Environments Had Lower Costs, Intensity of Care
Primary Care Physicians and Their Pay: 5 Findings
How Female Physicians Can Narrow the Compensation Gap

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>