Women account for an increasing number of medical school graduates and healthcare leaders, yet gender harassment and pay gaps remain, a recent report found.
Compensation Issues
Compensation Advisory Partners' July 12 report highlighted compensation trends for CFOs and CEOs in 2023, based on data from 132 companies, including those in the healthcare sector, with a median revenue of $14.6 billion. Here are the key takeaways:
Steward Health Care CEO Ralph de la Torre, MD, made a gross salary of $3,766,461 from May 8, 2023, to April 11, 2024, according to July 12 bankruptcy court documents obtained by Becker's.
Specialists saw a larger pay bump than primary care physicians last year on average, according to AMGA's 2024 Medical Group Compensation and Productivity Survey.
Average weekly travel nurse pay in the U.S. in June was $2,298.18, down 0.79% from the previous month and 5.23% from June 2023, according to data shared with Becker's from Vivian, a healthcare career marketplace.
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Elon Musk, CEO of Tesla, is the wealthiest person in the world, with a net worth of $221.4 billion, according to Forbes' "Top 10 Richest People In The World (July 2024)" list published July 1.
Median total compensation for executive management positions in healthcare grew nearly 6% from 2022 to 2023, and Wisconsin is the highest-paying state for the roles, according to a new report from the Medical Group Management Association.
From 2022 to 2023, median total compensation for registered nurses fell 3.32%, though nurses still saw compensation increase over the past decade, according to a June 26 report from the Medical Group Management Association.
Multiple states deemed best for healthcare by U.S. News & World Report do not rank in the top half in terms of hourly mean wage for surgical techs, adjusted for cost of living, according to Becker's analysis.
California Gov. Gavin Newsom and state legislators have reached an agreement on the 2024 state budget, which includes delaying the start of minimum wage increases for healthcare workers to at least the fall.