Compensation Issues

Springfield, Mass.-based Baystate Health is delaying annual pay increases typically effective in April each year for qualifying workers, citing financial challenges.

Pay for travel nurses continues to vary across roles and states.

A new Iowa bill would limit hospitals' and nursing homes' payouts to contract care staff. 

Franklin, Tenn.-based Community Health Systems has increased base salaries and updated compensation structures for several key executives, according to a Form 8-K filed with the SEC, 

Nashville, Tenn.-based HCA Healthcare revealed its plans for the 2024 Executive Officer Performance Excellence Program in a Feb. 26 Form 8-K filed with the SEC.

Healthcare has a concerning debt-to-income ratio, with current student debt for nurses and physicians equaling more than half of their current annual salary, according to a new survey of the professionals. 

Cooperstown, N.Y.-based Bassett Healthcare Network said it is extending its sign-on program that offers $35,000 for registered nurses and $10,000 to $20,000 for nearly every other role.

In a number of U.S. cities — particularly those on the West Coast — wealth has been multiplying. 

Average annual wages for cardiovascular technologists and technicians vary across states, with the national mean estimated at $65,490, according to the most recently available data from the Bureau of Labor Statistics, released April 25, 2023.

In five California cities, a $100,000 median household income is considered lower-middle class, according to a Feb. 13 analysis from GoBankingRates.